Diebold Nixdorf (NYSE:DBD) Stock Rating Upgraded by Wedbush

Diebold Nixdorf (NYSE:DBDGet Free Report) was upgraded by research analysts at Wedbush to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

DBD has been the subject of several other reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Diebold Nixdorf in a research note on Friday, July 10th. DA Davidson reaffirmed a “buy” rating and issued a $100.00 price target on shares of Diebold Nixdorf in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $100.00.

Check Out Our Latest Stock Report on DBD

Diebold Nixdorf Trading Down 0.1%

Shares of Diebold Nixdorf stock opened at $90.61 on Monday. Diebold Nixdorf has a 12-month low of $53.93 and a 12-month high of $92.08. The company has a current ratio of 1.28, a quick ratio of 0.89 and a debt-to-equity ratio of 0.92. The stock has a market cap of $3.14 billion, a PE ratio of 30.72 and a beta of 1.12. The company has a 50-day moving average of $82.93 and a two-hundred day moving average of $78.58.

Diebold Nixdorf (NYSE:DBDGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.10. The company had revenue of $927.60 million during the quarter, compared to the consensus estimate of $923.07 million. Diebold Nixdorf had a net margin of 2.80% and a return on equity of 18.82%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. On average, research analysts anticipate that Diebold Nixdorf will post 5.5 EPS for the current fiscal year.

Insider Activity

In other Diebold Nixdorf news, EVP Jonathan Myers acquired 1,360 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were acquired at an average price of $73.41 per share, for a total transaction of $99,837.60. Following the completion of the acquisition, the executive vice president directly owned 45,626 shares of the company’s stock, valued at $3,349,404.66. This trade represents a 3.07% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Millstreet Capital Management sold 100,000 shares of Diebold Nixdorf stock in a transaction on Friday, June 26th. The shares were sold at an average price of $84.80, for a total value of $8,480,000.00. Following the completion of the sale, the insider directly owned 4,104,432 shares of the company’s stock, valued at approximately $348,055,833.60. This represents a 2.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have bought 3,282 shares of company stock worth $249,138 and have sold 419,798 shares worth $35,245,284. 1.10% of the stock is owned by insiders.

Institutional Trading of Diebold Nixdorf

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DBD. Arrowstreet Capital Limited Partnership increased its stake in shares of Diebold Nixdorf by 458.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 402,603 shares of the technology company’s stock valued at $22,960,000 after acquiring an additional 330,526 shares during the last quarter. LSV Asset Management boosted its position in shares of Diebold Nixdorf by 1,072.4% in the fourth quarter. LSV Asset Management now owns 325,917 shares of the technology company’s stock worth $22,127,000 after acquiring an additional 298,117 shares during the last quarter. 325 Capital LLC acquired a new stake in shares of Diebold Nixdorf in the fourth quarter worth approximately $13,130,000. Dimensional Fund Advisors LP grew 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 valued at $86,672,000 after purchasing an additional 165,324 shares during the period. Finally, Pacer Advisors Inc. purchased a new stake in Diebold Nixdorf in the fourth quarter valued at approximately $9,024,000. Hedge funds and other institutional investors own 97.04% of the company’s stock.

About Diebold Nixdorf

(Get Free Report)

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.

Further Reading

Receive News & Ratings for Diebold Nixdorf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diebold Nixdorf and related companies with MarketBeat.com's FREE daily email newsletter.