Shares of Diebold Nixdorf, Incorporated (NYSE:DBD – Get Free Report) dropped 4.6% during trading on Tuesday. The company traded as low as $65.70 and last traded at $65.65. 53,592 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 322,035 shares. The stock had previously closed at $68.82.
Wall Street Analysts Forecast Growth
DBD has been the subject of several recent analyst reports. Weiss Ratings downgraded Diebold Nixdorf from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, September 24th. Wall Street Zen downgraded Diebold Nixdorf from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, Wedbush reaffirmed an “outperform” rating and set a $100.00 price target on shares of Diebold Nixdorf in a research report on Thursday, October 15th. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat, Diebold Nixdorf presently has a consensus rating of “Buy” and a consensus target price of $100.00.
View Our Latest Analysis on DBD
Diebold Nixdorf Stock Performance
The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.83 and a current ratio of 1.27. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 22.15 and a beta of 1.19. The stock has a fifty day simple moving average of $65.86 and a two-hundred day simple moving average of $75.06.
Diebold Nixdorf (NYSE:DBD – Get Free Report) last issued its earnings results on Wednesday, July 29th. The technology company reported $1.10 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.10. The firm had revenue of $927.60 million for the quarter, compared to analyst estimates of $923.07 million. Diebold Nixdorf had a net margin of 2.87% and a return on equity of 21.16%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. Analysts expect that Diebold Nixdorf, Incorporated will post 5.46 EPS for the current fiscal year.
Insider Activity at Diebold Nixdorf
In other Diebold Nixdorf news, EVP Thomas Timko purchased 700 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was purchased at an average cost of $72.29 per share, for a total transaction of $50,603.00. Following the acquisition, the executive vice president owned 3,132 shares in the company, valued at approximately $226,412.28. The trade was a 28.78% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.10% of the company’s stock.
Hedge Funds Weigh In On Diebold Nixdorf
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its holdings in Diebold Nixdorf by 16.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,148,962 shares of the technology company’s stock worth $86,672,000 after acquiring an additional 165,324 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Diebold Nixdorf by 20.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 519,201 shares of the technology company’s stock valued at $39,169,000 after acquiring an additional 88,534 shares in the last quarter. Skylands Capital LLC raised its position in shares of Diebold Nixdorf by 13.3% during the third quarter. Skylands Capital LLC now owns 531,510 shares of the technology company’s stock worth $32,539,000 after purchasing an additional 62,325 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Diebold Nixdorf during the second quarter worth approximately $14,740,000. Finally, Hennessy Advisors Inc. acquired a new position in shares of Diebold Nixdorf during the second quarter worth approximately $10,857,000. Institutional investors own 97.04% of the company’s stock.
Diebold Nixdorf Company Profile
Diebold Nixdorf, Incorporated provides technology, software and services for the banking and retail industries. Its portfolio includes automated teller machines (ATMs), cash-management systems, self-service kiosks, branch-automation solutions and software designed to support transactions, payments and customer interactions.
For retailers, the company offers point-of-sale systems, self-checkout solutions, payment technologies, software and related services. Diebold Nixdorf also provides professional services, maintenance, monitoring and managed services to help financial institutions and retailers operate and modernize their in-person and self-service channels.
The company traces its history to Diebold, founded in 1859, and Wincor Nixdorf, which was established in Germany in 1952.
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