Diebold Nixdorf (NYSE:DBD) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Diebold Nixdorf, Incorporated (NYSE:DBD) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $66.99 and traded as high as $76.08. Diebold Nixdorf shares last traded at $73.6730, with a volume of 269,270 shares trading hands.

Wall Street Analysts Forecast Growth

DBD has been the subject of several analyst reports. Weiss Ratings raised Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research note on Tuesday, February 17th. Wedbush set a $100.00 price target on Diebold Nixdorf in a research report on Friday, February 13th. Finally, DA Davidson lifted their price objective on Diebold Nixdorf from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to MarketBeat.com, Diebold Nixdorf currently has a consensus rating of “Buy” and an average target price of $100.00.

Diebold Nixdorf Trading Down 1.8%

The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 0.85. The firm has a market cap of $2.59 billion, a PE ratio of 28.45 and a beta of 1.45. The business has a fifty day moving average price of $74.91 and a 200 day moving average price of $66.99.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $3.02 EPS for the quarter, beating the consensus estimate of $1.73 by $1.29. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. Diebold Nixdorf had a net margin of 2.49% and a return on equity of 16.33%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. Analysts forecast that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Insider Activity at Diebold Nixdorf

In related news, major shareholder Millstreet Capital Management sold 500,000 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $68.00, for a total value of $34,000,000.00. Following the completion of the sale, the insider directly owned 5,216,672 shares of the company’s stock, valued at $354,733,696. This represents a 8.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.26% of the company’s stock.

Hedge Funds Weigh In On Diebold Nixdorf

A number of institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Diebold Nixdorf by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,017 shares of the technology company’s stock worth $657,000 after purchasing an additional 631 shares during the period. Jones Financial Companies Lllp increased its stake in Diebold Nixdorf by 325.9% in the first quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock valued at $50,000 after purchasing an additional 880 shares during the period. Swiss National Bank increased its stake in Diebold Nixdorf by 11.2% in the second quarter. Swiss National Bank now owns 28,700 shares of the technology company’s stock valued at $1,590,000 after purchasing an additional 2,900 shares during the period. Legal & General Group Plc raised its holdings in shares of Diebold Nixdorf by 42.2% in the second 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. Finally, Rhumbline Advisers raised its holdings in shares of Diebold Nixdorf by 3.6% in the second quarter. Rhumbline Advisers now owns 39,725 shares of the technology company’s stock valued at $2,201,000 after buying an additional 1,389 shares during the last quarter. 97.04% of the stock is owned by institutional investors and hedge funds.

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.