Diebold Nixdorf (DBD) Stock Price Up 5.2%

Diebold Nixdorf Inc (NYSE:DBD) rose 5.2% during mid-day trading on Monday . The stock traded as high as $18.40 and last traded at $18.25. Approximately 1,890,095 shares were traded during trading, an increase of 42% from the average daily volume of 1,328,619 shares. The stock had previously closed at $17.35.

DBD has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Diebold Nixdorf from a “sell” rating to a “hold” rating in a research report on Tuesday, September 19th. Imperial Capital set a $24.00 target price on shares of Diebold Nixdorf and gave the company a “hold” rating in a research report on Tuesday, October 17th. KeyCorp reiterated a “hold” rating on shares of Diebold Nixdorf in a research report on Friday, October 20th. Lake Street Capital lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating and dropped their target price for the company from $30.00 to $23.00 in a research report on Tuesday, October 31st. Finally, JPMorgan Chase & Co. dropped their target price on shares of Diebold Nixdorf from $31.00 to $29.00 and set a “neutral” rating for the company in a research report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $26.75.

The firm has a market capitalization of $1,300.00, a price-to-earnings ratio of -6.41 and a beta of 1.93. The company has a debt-to-equity ratio of 3.00, a current ratio of 1.47 and a quick ratio of 1.01.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings data on Tuesday, October 31st. The technology company reported $0.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.40. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.17 billion. Diebold Nixdorf had a negative net margin of 4.40% and a positive return on equity of 11.39%. The business’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.34 EPS. equities analysts anticipate that Diebold Nixdorf Inc will post 1.09 earnings per share for the current fiscal year.

In other news, SVP Alan Kerr purchased 2,750 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was bought at an average cost of $18.28 per share, for a total transaction of $50,270.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Gale S. Fitzgerald purchased 4,000 shares of the stock in a transaction that occurred on Friday, December 15th. The shares were purchased at an average price of $16.74 per share, with a total value of $66,960.00. Following the completion of the acquisition, the director now directly owns 51,603 shares in the company, valued at $863,834.22. The disclosure for this purchase can be found here. Insiders own 1.37% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Atlantic Investment Management Inc. increased its position in Diebold Nixdorf by 8.0% during the 3rd quarter. Atlantic Investment Management Inc. now owns 6,481,819 shares of the technology company’s stock valued at $148,110,000 after purchasing an additional 481,819 shares during the period. Vanguard Group Inc. increased its position in Diebold Nixdorf by 3.1% during the 2nd quarter. Vanguard Group Inc. now owns 5,965,441 shares of the technology company’s stock valued at $167,032,000 after purchasing an additional 180,009 shares during the period. Gamco Investors INC. ET AL increased its position in Diebold Nixdorf by 1.9% during the 3rd quarter. Gamco Investors INC. ET AL now owns 3,893,233 shares of the technology company’s stock valued at $88,960,000 after purchasing an additional 73,534 shares during the period. Wells Fargo & Company MN increased its position in Diebold Nixdorf by 1.9% during the 2nd quarter. Wells Fargo & Company MN now owns 2,872,921 shares of the technology company’s stock valued at $80,442,000 after purchasing an additional 53,624 shares during the period. Finally, State Street Corp increased its position in Diebold Nixdorf by 6.8% during the 2nd quarter. State Street Corp now owns 2,421,383 shares of the technology company’s stock valued at $67,796,000 after purchasing an additional 154,032 shares during the period.

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About Diebold Nixdorf

Diebold Nixdorf, Incorporated provides connected commerce services, software and technology. The Company’s geographic segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). These segments sell and service financial self-service (FSS), retail solutions and security systems.

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