Brokerages Set Diebold Nixdorf Inc (DBD) PT at $6.56

Shares of Diebold Nixdorf Inc (NYSE:DBD) have been given a consensus recommendation of “Hold” by the seven analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $6.56.

Several equities research analysts have weighed in on DBD shares. ValuEngine raised Diebold Nixdorf from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. DA Davidson raised Diebold Nixdorf from a “neutral” rating to a “buy” rating and set a $5.00 target price on the stock in a research report on Tuesday, January 8th. JPMorgan Chase & Co. set a $7.00 target price on Diebold Nixdorf and gave the stock a “sell” rating in a research report on Thursday, February 14th. Finally, Zacks Investment Research raised Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $8.25 target price on the stock in a research report on Monday, February 18th.

NYSE DBD traded down $0.17 during trading hours on Wednesday, hitting $12.59. The company had a trading volume of 1,017,531 shares, compared to its average volume of 2,224,843. Diebold Nixdorf has a fifty-two week low of $2.41 and a fifty-two week high of $16.40. The company has a debt-to-equity ratio of 102.95, a current ratio of 1.40 and a quick ratio of 1.02. The firm has a market capitalization of $970.78 million, a PE ratio of -12.22, a P/E/G ratio of 14.34 and a beta of 2.91.

Diebold Nixdorf (NYSE:DBD) last issued its earnings results on Wednesday, February 13th. The technology company reported ($0.08) earnings per share for the quarter. Diebold Nixdorf had a negative return on equity of 53.21% and a negative net margin of 11.92%. The company had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the prior year, the business earned $0.40 earnings per share. Diebold Nixdorf’s quarterly revenue was up 3.2% on a year-over-year basis. Equities research analysts expect that Diebold Nixdorf will post 0.3 earnings per share for the current fiscal year.

In other Diebold Nixdorf news, Director Ellen Costello purchased 2,500 shares of the stock in a transaction dated Thursday, March 14th. The shares were bought at an average cost of $10.99 per share, with a total value of $27,475.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ulrich Naher purchased 13,000 shares of the stock in a transaction dated Wednesday, February 20th. The shares were acquired at an average cost of $8.57 per share, for a total transaction of $111,410.00. The disclosure for this purchase can be found here. Insiders have bought 90,322 shares of company stock worth $851,258 over the last three months. Corporate insiders own 0.92% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. Macnealy Hoover Investment Management Inc. increased its holdings in shares of Diebold Nixdorf by 1.4% during the first quarter. Macnealy Hoover Investment Management Inc. now owns 85,450 shares of the technology company’s stock valued at $946,000 after purchasing an additional 1,200 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Diebold Nixdorf by 0.6% during the fourth quarter. Principal Financial Group Inc. now owns 618,022 shares of the technology company’s stock valued at $1,539,000 after purchasing an additional 3,614 shares during the period. Public Employees Retirement System of Ohio increased its holdings in shares of Diebold Nixdorf by 52.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 15,652 shares of the technology company’s stock valued at $39,000 after purchasing an additional 5,356 shares during the period. Arizona State Retirement System increased its holdings in shares of Diebold Nixdorf by 6.0% during the fourth quarter. Arizona State Retirement System now owns 117,230 shares of the technology company’s stock valued at $292,000 after purchasing an additional 6,653 shares during the period. Finally, Legal & General Group Plc increased its holdings in shares of Diebold Nixdorf by 3.5% during the fourth quarter. Legal & General Group Plc now owns 220,853 shares of the technology company’s stock valued at $551,000 after purchasing an additional 7,446 shares during the period.

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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