Diebold Nixdorf (DBD) Receives New Coverage from Analysts at DA Davidson

Equities research analysts at DA Davidson began coverage on shares of Diebold Nixdorf (NYSE:DBD) in a report released on Wednesday. The brokerage set a “neutral” rating and a $19.00 price target on the technology company’s stock. DA Davidson’s price objective points to a potential upside of 11.76% from the stock’s previous close.

DBD has been the topic of a number of other research reports. Imperial Capital set a $24.00 target price on Diebold Nixdorf and gave the company a “hold” rating in a report on Tuesday, October 17th. KeyCorp reaffirmed a “hold” rating on shares of Diebold Nixdorf in a report on Friday, October 20th. Zacks Investment Research downgraded Diebold Nixdorf from a “hold” rating to a “strong sell” rating in a report on Thursday, October 19th. JPMorgan Chase & Co. reduced their target price on Diebold Nixdorf from $31.00 to $29.00 and set a “neutral” rating on the stock in a report on Wednesday, November 1st. Finally, Lake Street Capital downgraded Diebold Nixdorf from a “buy” rating to a “hold” rating and reduced their target price for the company from $30.00 to $23.00 in a report on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $25.20.

Shares of Diebold Nixdorf (NYSE DBD) opened at $17.00 on Wednesday. The stock has a market capitalization of $1,280.00, a P/E ratio of -6.32 and a beta of 2.07. Diebold Nixdorf has a 12-month low of $16.00 and a 12-month high of $31.85. The company has a debt-to-equity ratio of 3.00, a quick ratio of 1.01 and a current ratio of 1.47.

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

In other news, Director Gale S. Fitzgerald acquired 4,000 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were bought at an average price of $16.74 per share, with a total value of $66,960.00. Following the acquisition, the director now directly owns 51,603 shares in the company, valued at approximately $863,834.22. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.37% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DBD. Zions Bancorporation acquired a new stake in shares of Diebold Nixdorf during the 3rd quarter valued at $114,000. CENTRAL TRUST Co acquired a new stake in shares of Diebold Nixdorf during the 4th quarter valued at $128,000. Public Employees Retirement System of Ohio boosted its holdings in shares of Diebold Nixdorf by 4.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,923 shares of the technology company’s stock valued at $194,000 after acquiring an additional 271 shares in the last quarter. Virtu KCG Holdings LLC boosted its holdings in shares of Diebold Nixdorf by 2.3% during the 2nd quarter. Virtu KCG Holdings LLC now owns 8,053 shares of the technology company’s stock valued at $225,000 after acquiring an additional 180 shares in the last quarter. Finally, Creative Planning acquired a new stake in shares of Diebold Nixdorf during the 4th quarter valued at $226,000.

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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.

Analyst Recommendations for Diebold Nixdorf (NYSE:DBD)

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