Diebold Nixdorf (NYSE:DBD) Hits New 1-Year High - Should You Buy?

Shares of Diebold Nixdorf, Incorporated (NYSE:DBD - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $59.92 and last traded at $59.52, with a volume of 76044 shares trading hands. The stock had previously closed at $59.00.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Wall Street Zen downgraded Diebold Nixdorf from a "buy" rating to a "hold" rating in a report on Friday, May 9th. CJS Securities upgraded shares of Diebold Nixdorf to a "strong-buy" rating in a report on Tuesday, April 1st. Finally, Wedbush restated an "outperform" rating and issued a $60.00 price objective on shares of Diebold Nixdorf in a research report on Thursday, May 8th.

Diebold Nixdorf Trading Up 1.0%

The company has a current ratio of 1.35, a quick ratio of 0.91 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $2.24 billion, a P/E ratio of -222.51 and a beta of 1.69. The business has a 50 day moving average of $51.08 and a 200-day moving average of $45.85.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The technology company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.55 by ($0.48). The company had revenue of $841.10 million for the quarter, compared to analyst estimates of $845.95 million. Diebold Nixdorf had a positive return on equity of 10.20% and a negative net margin of 0.28%. Analysts anticipate that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current fiscal year.

Insider Activity

In other Diebold Nixdorf news, EVP Frank Tobias Baur bought 700 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The stock was acquired at an average price of $46.12 per share, with a total value of $32,284.00. Following the completion of the transaction, the executive vice president owned 38,572 shares in the company, valued at approximately $1,778,940.64. This trade represents a 1.85% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.26% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DBD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Diebold Nixdorf by 3.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,386 shares of the technology company's stock valued at $619,000 after buying an additional 477 shares in the last quarter. Sterling Capital Management LLC grew its holdings in Diebold Nixdorf by 821.6% during the fourth quarter. Sterling Capital Management LLC now owns 811 shares of the technology company's stock worth $35,000 after purchasing an additional 723 shares during the period. MetLife Investment Management LLC raised its stake in Diebold Nixdorf by 5.8% in the fourth quarter. MetLife Investment Management LLC now owns 15,629 shares of the technology company's stock valued at $673,000 after buying an additional 856 shares during the period. Invesco Ltd. increased its holdings in shares of Diebold Nixdorf by 7.6% during the 4th quarter. Invesco Ltd. now owns 12,297 shares of the technology company's stock worth $529,000 after acquiring an additional 867 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in Diebold Nixdorf by 325.9% during the first quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company's stock worth $50,000 after purchasing an additional 880 shares during the period. 97.04% of the stock is currently owned by institutional investors.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.