Diebold Nixdorf Inc (DBD) Given Average Recommendation of “Hold” by Analysts

Diebold Nixdorf Inc (NYSE:DBD) has received an average recommendation of “Hold” from the ten research firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $21.00.

Several brokerages have commented on DBD. DA Davidson began coverage on Diebold Nixdorf in a research report on Wednesday. They issued a “neutral” rating and a $19.00 price target on the stock. Imperial Capital set a $24.00 price target on Diebold Nixdorf and gave the stock a “hold” rating in a research report on Tuesday, October 17th. KeyCorp reaffirmed a “hold” rating on shares of Diebold Nixdorf in a research report on Friday, October 20th. Zacks Investment Research downgraded Diebold Nixdorf from a “hold” rating to a “sell” rating in a research report on Monday, January 29th. Finally, JPMorgan Chase & Co. dropped their price target on Diebold Nixdorf from $31.00 to $29.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 1st.

Shares of Diebold Nixdorf (DBD) opened at $15.85 on Friday. Diebold Nixdorf has a 1-year low of $15.85 and a 1-year high of $31.85. The company has a quick ratio of 1.01, a current ratio of 1.47 and a debt-to-equity ratio of 3.00. The firm has a market capitalization of $1,200.00, a P/E ratio of -5.89 and a beta of 2.07.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Monday, February 26th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend is Friday, February 23rd. Diebold Nixdorf’s dividend payout ratio is currently -14.87%.

In other Diebold Nixdorf news, Director Gale S. Fitzgerald purchased 4,000 shares of the company’s stock in a transaction on Friday, December 15th. The shares were bought at an average cost of $16.74 per share, with a total value of $66,960.00. Following the transaction, the director now directly owns 51,603 shares in the company, valued at approximately $863,834.22. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.37% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of DBD. Neuberger Berman Group LLC increased its position in shares of Diebold Nixdorf by 1,648.3% during the third quarter. Neuberger Berman Group LLC now owns 655,605 shares of the technology company’s stock valued at $14,981,000 after purchasing an additional 618,105 shares during the period. BBR Partners LLC bought a new stake in shares of Diebold Nixdorf during the third quarter valued at approximately $256,000. Atlantic Investment Management Inc. increased its position in shares of Diebold Nixdorf by 8.0% during the third 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. Schwab Charles Investment Management Inc. increased its position in shares of Diebold Nixdorf by 11.5% during the third quarter. Schwab Charles Investment Management Inc. now owns 553,736 shares of the technology company’s stock valued at $12,653,000 after purchasing an additional 56,957 shares during the period. Finally, Pzena Investment Management LLC bought a new stake in shares of Diebold Nixdorf during the third quarter valued at approximately $42,254,000.

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Diebold Nixdorf Company Profile

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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