ValuEngine upgraded shares of Diebold Nixdorf (NYSE:DBD) from a strong sell rating to a sell rating in a research report released on Thursday morning.
Several other brokerages also recently weighed in on DBD. Zacks Investment Research upgraded Diebold Nixdorf from a strong sell rating to a hold rating in a research report on Tuesday, July 3rd. JPMorgan Chase & Co. downgraded Diebold Nixdorf from a neutral rating to an underweight rating and set a $7.00 price objective for the company. in a research report on Monday, August 6th. TheStreet downgraded Diebold Nixdorf from a c- rating to a d+ rating in a research report on Thursday, July 5th. Northcoast Research downgraded Diebold Nixdorf from a buy rating to a neutral rating in a research report on Wednesday, July 25th. Finally, Credit Suisse Group downgraded Diebold Nixdorf from an outperform rating to a neutral rating and set a $19.00 price objective for the company. in a research report on Friday, May 4th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. Diebold Nixdorf has an average rating of Hold and a consensus price target of $14.80.
DBD stock traded down $0.80 during midday trading on Thursday, hitting $3.95. The company had a trading volume of 14,578,020 shares, compared to its average volume of 2,982,102. The company has a debt-to-equity ratio of 6.96, a quick ratio of 0.89 and a current ratio of 1.39. Diebold Nixdorf has a 52 week low of $3.55 and a 52 week high of $23.50. The company has a market capitalization of $361.45 million, a P/E ratio of 7.31, a PEG ratio of 6.21 and a beta of 2.04.
Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings data on Wednesday, August 1st. The technology company reported ($0.21) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.22). Diebold Nixdorf had a negative net margin of 7.77% and a positive return on equity of 10.58%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the previous year, the firm posted $0.08 EPS. The business’s revenue for the quarter was down 2.5% compared to the same quarter last year. equities analysts predict that Diebold Nixdorf will post -0.04 earnings per share for the current year.
In other Diebold Nixdorf news, Director Gale S. Fitzgerald bought 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 24th. The stock was bought at an average price of $11.59 per share, for a total transaction of $34,770.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.74% of the stock is owned by corporate insiders.
Several institutional investors have recently made changes to their positions in DBD. BlackRock Inc. raised its holdings in shares of Diebold Nixdorf by 33.6% during the second quarter. BlackRock Inc. now owns 10,565,225 shares of the technology company’s stock valued at $126,253,000 after acquiring an additional 2,657,302 shares in the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of Diebold Nixdorf by 47.1% during the second quarter. Gamco Investors INC. ET AL now owns 5,872,715 shares of the technology company’s stock valued at $70,179,000 after acquiring an additional 1,881,618 shares in the last quarter. Neuberger Berman Group LLC raised its holdings in shares of Diebold Nixdorf by 82.1% during the first quarter. Neuberger Berman Group LLC now owns 1,723,084 shares of the technology company’s stock valued at $26,522,000 after acquiring an additional 776,717 shares in the last quarter. Gabelli Funds LLC raised its holdings in shares of Diebold Nixdorf by 43.8% during the second quarter. Gabelli Funds LLC now owns 2,287,990 shares of the technology company’s stock valued at $27,341,000 after acquiring an additional 697,000 shares in the last quarter. Finally, Pzena Investment Management LLC raised its holdings in shares of Diebold Nixdorf by 21.1% during the second quarter. Pzena Investment Management LLC now owns 3,420,967 shares of the technology company’s stock valued at $40,881,000 after acquiring an additional 596,366 shares in the last quarter.
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 in three segments: Services, Software, and Systems. The Services segment provides product-related services, such as first and second line maintenance, preventive maintenance, and on-demand services; and managed and outsourcing services, including store lifecycle management, self-service fleet management, branch lifecycle management, automated teller machine (ATM) as-a-service, and managed mobility services, as well as cash management services.
Featured Article: Trading Strategy Methods for Individual Investors
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Diebold Nixdorf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diebold Nixdorf and related companies with MarketBeat.com's FREE daily email newsletter.