Diebold Nixdorf (DBD) Upgraded to Buy by ValuEngine

ValuEngine upgraded shares of Diebold Nixdorf (NYSE:DBD) from a hold rating to a buy rating in a research report report published on Monday, ValuEngine reports.

Other equities research analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of Diebold Nixdorf from a hold rating to a buy rating and set a $8.25 price objective for the company in a research report on Monday, February 18th. JPMorgan Chase & Co. set a $7.00 price objective on shares of Diebold Nixdorf and gave the company a sell rating in a research report on Thursday, February 14th. Finally, DA Davidson raised shares of Diebold Nixdorf from a neutral rating to a buy rating and set a $5.00 price objective for the company in a research report on Tuesday, January 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. Diebold Nixdorf presently has an average rating of Hold and a consensus target price of $6.56.

NYSE:DBD opened at $11.61 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 102.95. Diebold Nixdorf has a 12 month low of $2.41 and a 12 month high of $16.40. The company has a market capitalization of $847.56 million, a price-to-earnings ratio of -11.27, a P/E/G ratio of 16.40 and a beta of 2.90.

Diebold Nixdorf (NYSE:DBD) last posted its earnings results on Wednesday, February 13th. The technology company reported ($0.08) EPS for the quarter. The company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.22 billion. Diebold Nixdorf had a negative return on equity of 53.21% and a negative net margin of 11.92%. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period last year, the firm posted $0.40 EPS. On average, sell-side analysts forecast that Diebold Nixdorf will post 0.23 earnings per share for the current year.

In other news, SVP Ulrich Naher bought 13,000 shares of the stock in a transaction that occurred on Wednesday, February 20th. The shares were bought at an average price of $8.57 per share, for a total transaction of $111,410.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ellen Costello bought 2,500 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were purchased at an average price of $10.11 per share, for a total transaction of $25,275.00. The disclosure for this purchase can be found here. In the last three months, insiders have bought 90,322 shares of company stock valued at $851,258. Insiders own 0.92% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its stake in shares of Diebold Nixdorf by 14.2% during the 4th quarter. Geode Capital Management LLC now owns 840,604 shares of the technology company’s stock valued at $2,093,000 after buying an additional 104,398 shares in the last quarter. Norges Bank purchased a new position in shares of Diebold Nixdorf during the 4th quarter valued at $165,000. Coldstream Capital Management Inc. purchased a new position in shares of Diebold Nixdorf during the 4th quarter valued at $25,000. FMR LLC lifted its stake in shares of Diebold Nixdorf by 21.2% during the 4th quarter. FMR LLC now owns 113,787 shares of the technology company’s stock valued at $283,000 after buying an additional 19,872 shares in the last quarter. Finally, CWM Advisors LLC lifted its stake in shares of Diebold Nixdorf by 49.5% during the 4th quarter. CWM Advisors LLC now owns 34,727 shares of the technology company’s stock valued at $86,000 after buying an additional 11,502 shares in the last quarter.

Diebold Nixdorf Company Profile

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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