Diebold Nixdorf (NYSE:DBD) Reaches New 52-Week High - What's Next?

Diebold Nixdorf, Incorporated (NYSE:DBD - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as $52.25 and last traded at $51.86, with a volume of 117422 shares traded. The stock had previously closed at $51.03.

Analyst Ratings Changes

DBD has been the subject of a number of recent analyst reports. Wall Street Zen lowered Diebold Nixdorf from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. DA Davidson upped their price target on shares of Diebold Nixdorf from $65.00 to $80.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. Wedbush reaffirmed an "outperform" rating and set a $60.00 price target on shares of Diebold Nixdorf in a research report on Thursday, May 8th. Finally, CJS Securities raised shares of Diebold Nixdorf to a "strong-buy" rating in a research report on Tuesday, April 1st.

Diebold Nixdorf Stock Down 0.3%

The stock has a market cap of $1.93 billion, a PE ratio of -191.96 and a beta of 1.65. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.91 and a current ratio of 1.35. The company's 50-day moving average price is $46.76 and its 200 day moving average price is $44.80.

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

Insider Activity at Diebold Nixdorf

In related news, EVP Frank Tobias Baur acquired 700 shares of the business's stock in a transaction that occurred on Friday, May 9th. The stock was bought at an average cost of $46.12 per share, for a total transaction of $32,284.00. Following the purchase, the executive vice president now owns 38,572 shares in the company, valued at $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 link. 0.26% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DBD. Sterling Capital Management LLC boosted its stake in Diebold Nixdorf by 821.6% in the 4th 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. Jones Financial Companies Lllp boosted its stake 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 worth $50,000 after purchasing an additional 880 shares during the period. State of Wyoming bought a new position in Diebold Nixdorf in the 1st quarter worth approximately $54,000. Harbor Capital Advisors Inc. boosted its stake in Diebold Nixdorf by 182.3% in the 1st quarter. Harbor Capital Advisors Inc. now owns 1,434 shares of the technology company's stock worth $63,000 after purchasing an additional 926 shares during the period. Finally, Virtus Investment Advisers Inc. bought a new position in Diebold Nixdorf in the 4th quarter worth approximately $82,000. 97.04% of the stock is currently owned by institutional investors.

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.