Diebold Nixdorf (NYSE:DBD) Hits New 52-Week High - Should You Buy?

Diebold Nixdorf, Incorporated (NYSE:DBD - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $55.78 and last traded at $55.52, with a volume of 13247 shares trading hands. The stock had previously closed at $55.43.

Analyst Upgrades and Downgrades

DBD has been the subject of several research reports. Wall Street Zen lowered Diebold Nixdorf from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. CJS Securities raised shares of Diebold Nixdorf to a "strong-buy" rating in a research note on Tuesday, April 1st. Finally, Wedbush reiterated an "outperform" rating and issued a $60.00 target price on shares of Diebold Nixdorf in a research report on Thursday, May 8th.

Diebold Nixdorf Price Performance

The company has a debt-to-equity ratio of 0.94, a current ratio of 1.35 and a quick ratio of 0.91. The stock has a 50 day simple moving average of $48.36 and a two-hundred day simple moving average of $45.05. The company has a market cap of $2.07 billion, a price-to-earnings ratio of -205.27 and a beta of 1.66.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The technology company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.48). Diebold Nixdorf had a negative net margin of 0.28% and a positive return on equity of 10.20%. The firm had revenue of $841.10 million for the quarter, compared to analyst estimates of $845.95 million. On average, equities research analysts predict that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Frank Tobias Baur acquired 700 shares of the firm's stock in a transaction on Friday, May 9th. The stock was bought at an average price of $46.12 per share, for a total transaction of $32,284.00. Following the completion of the purchase, the executive vice president now directly owns 38,572 shares of the company's stock, valued at approximately $1,778,940.64. The trade was a 1.85% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.26% of the company's stock.

Institutional Investors Weigh In On Diebold Nixdorf

Several large investors have recently modified their holdings of DBD. Sterling Capital Management LLC increased its holdings in shares of Diebold Nixdorf by 821.6% in the fourth quarter. Sterling Capital Management LLC now owns 811 shares of the technology company's stock valued at $35,000 after purchasing an additional 723 shares during the period. Jones Financial Companies Lllp grew its position in Diebold Nixdorf by 325.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company's stock valued at $50,000 after buying an additional 880 shares during the last quarter. State of Wyoming acquired a new position in Diebold Nixdorf in the 1st quarter valued at $54,000. Harbor Capital Advisors Inc. raised its position in Diebold Nixdorf by 182.3% during the 1st quarter. Harbor Capital Advisors Inc. now owns 1,434 shares of the technology company's stock worth $63,000 after buying an additional 926 shares during the last quarter. Finally, Virtus Investment Advisers Inc. acquired a new stake in shares of Diebold Nixdorf in the 4th quarter worth $82,000. 97.04% of the stock is owned by institutional investors and hedge funds.

Diebold Nixdorf Company Profile

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.

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