Diebold Nixdorf’s (DBD) “Buy” Rating Reiterated at DA Davidson

DA Davidson reaffirmed their buy rating on shares of Diebold Nixdorf (NYSE:DBD) in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a $100.00 price target on the technology company’s stock.

A number of other equities research analysts have also weighed in on DBD. Weiss Ratings upgraded shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a report on Tuesday, February 17th. Wedbush set a $100.00 target price on shares of Diebold Nixdorf in a report on Friday, February 13th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $100.00.

Diebold Nixdorf Trading Up 0.4%

DBD opened at $84.54 on Tuesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.30 and a quick ratio of 0.92. Diebold Nixdorf has a fifty-two week low of $42.14 and a fifty-two week high of $89.05. The firm has a market capitalization of $2.94 billion, a PE ratio of 32.64 and a beta of 1.48. The company’s 50-day moving average is $79.22 and its 200 day moving average is $69.94.

Diebold Nixdorf (NYSE:DBD) last posted its earnings results on Thursday, February 12th. The technology company reported $3.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $1.29. Diebold Nixdorf had a net margin of 2.49% and a return on equity of 17.25%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. As a group, research analysts predict that Diebold Nixdorf will post 5.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Diebold Nixdorf news, major shareholder Millstreet Capital Management sold 60,833 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $84.77, for a total value of $5,156,813.41. Following the completion of the sale, the insider owned 4,704,438 shares in the company, valued at approximately $398,795,209.26. This trade represents a 1.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have sold 512,234 shares of company stock valued at $42,516,215. Company insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Diebold Nixdorf

Several institutional investors and hedge funds have recently added to or reduced their stakes in DBD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Diebold Nixdorf by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,017 shares of the technology company’s stock valued at $657,000 after buying an additional 631 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Diebold Nixdorf by 325.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock valued at $50,000 after buying an additional 880 shares during the last quarter. Legal & General Group Plc increased its stake in Diebold Nixdorf by 42.2% in the 2nd quarter. Legal & General Group Plc now owns 18,633 shares of the technology company’s stock valued at $1,032,000 after buying an additional 5,534 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Diebold Nixdorf in the 2nd quarter valued at about $3,993,000. Finally, Invesco Ltd. increased its stake in shares of Diebold Nixdorf by 308.8% during the 2nd quarter. Invesco Ltd. now owns 73,503 shares of the technology company’s stock worth $4,072,000 after purchasing an additional 55,525 shares during the last quarter. Hedge funds and other institutional investors own 97.04% of the company’s stock.

About Diebold Nixdorf

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.