Diebold Nixdorf Inc (DBD) Receives Consensus Rating of “Hold” from Analysts

Diebold Nixdorf Inc (NYSE:DBD) has received a consensus recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $6.00.

A number of research firms have commented on DBD. Zacks Investment Research raised shares of Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $8.25 target price for the company in a research report on Monday, February 18th. ValuEngine raised shares of Diebold Nixdorf from a “hold” rating to a “buy” rating in a research report on Tuesday, February 12th. Finally, JPMorgan Chase & Co. set a $7.00 target price on shares of Diebold Nixdorf and gave the stock a “sell” rating in a research report on Thursday, February 14th.

Shares of DBD traded up $0.16 on Thursday, hitting $9.21. 935,500 shares of the stock traded hands, compared to its average volume of 2,040,680. The company has a market capitalization of $693.14 million, a P/E ratio of -8.94 and a beta of 2.77. The company has a quick ratio of 0.89, a current ratio of 1.29 and a debt-to-equity ratio of 102.95. Diebold Nixdorf has a one year low of $2.41 and a one year high of $13.49.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Tuesday, April 30th. The technology company reported ($0.63) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by ($0.28). Diebold Nixdorf had a negative net margin of 13.37% and a negative return on equity of 53.21%. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period last year, the business earned ($0.12) EPS. Diebold Nixdorf’s revenue was down 3.4% on a year-over-year basis. On average, sell-side analysts expect that Diebold Nixdorf will post -0.01 EPS for the current year.

In related news, Director Ellen Costello bought 2,500 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was acquired at an average price of $10.99 per share, with a total value of $27,475.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Gary G. Greenfield bought 5,000 shares of the business’s stock in a transaction on Tuesday, May 28th. The stock was bought at an average cost of $9.44 per share, with a total value of $47,200.00. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 94,100 shares of company stock valued at $901,314. 0.92% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of the business. Teton Advisors Inc. boosted its stake in shares of Diebold Nixdorf by 12.7% during the 4th quarter. Teton Advisors Inc. now owns 420,701 shares of the technology company’s stock worth $1,048,000 after acquiring an additional 47,318 shares during the last quarter. Two Sigma Advisers LP purchased a new position in shares of Diebold Nixdorf during the 4th quarter worth $67,000. MetLife Investment Advisors LLC boosted its stake in shares of Diebold Nixdorf by 55.4% during the 3rd quarter. MetLife Investment Advisors LLC now owns 55,074 shares of the technology company’s stock worth $248,000 after acquiring an additional 19,639 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Diebold Nixdorf by 3.5% during the 4th quarter. Legal & General Group Plc now owns 220,853 shares of the technology company’s stock worth $551,000 after acquiring an additional 7,446 shares during the last quarter. Finally, Sapience Investments LLC boosted its stake in shares of Diebold Nixdorf by 29.9% during the 4th quarter. Sapience Investments LLC now owns 5,685,835 shares of the technology company’s stock worth $14,158,000 after acquiring an additional 1,308,540 shares during the last quarter. 88.02% of the stock is owned by institutional investors and hedge funds.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates through two segments, Banking and Retail. The Banking segment offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.

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