Diebold Nixdorf, Incorporated (NYSE:DBD - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 984,083 shares were traded during trading, an increase of 224% from the previous session's volume of 303,338 shares.The stock last traded at $83.4020 and had previously closed at $79.81.
Wall Street Analysts Forecast Growth
DBD has been the subject of a number of analyst reports. Weiss Ratings upgraded Diebold Nixdorf from a "hold (c+)" rating to a "buy (b)" rating in a research report on Tuesday, February 17th. Wedbush set a $100.00 price objective on Diebold Nixdorf in a report on Friday, February 13th. Finally, DA Davidson upped their price objective on Diebold Nixdorf from $80.00 to $100.00 and gave the company a "buy" rating in a report on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $100.00.
Read Our Latest Stock Report on DBD
Diebold Nixdorf Stock Performance
The company has a debt-to-equity ratio of 0.85, a current ratio of 1.30 and a quick ratio of 0.92. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 32.49 and a beta of 1.48. The company has a fifty day moving average price of $76.06 and a two-hundred day moving average price of $67.84.
Diebold Nixdorf (NYSE:DBD - Get Free Report) last announced its 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. Diebold Nixdorf had a return on equity of 16.33% and a net margin of 2.49%.The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. As a group, equities research analysts expect that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.
Insider Activity at Diebold Nixdorf
In other news, major shareholder Millstreet Capital Management sold 500,000 shares of the company's stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $68.00, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.26% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Diebold Nixdorf
Several hedge funds have recently modified their holdings of DBD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Diebold Nixdorf by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,017 shares of the technology company's stock valued at $657,000 after purchasing an additional 631 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Diebold Nixdorf by 325.9% during 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 last quarter. Legal & General Group Plc lifted its holdings in shares of Diebold Nixdorf by 42.2% during the second quarter. Legal & General Group Plc now owns 18,633 shares of the technology company's stock valued at $1,032,000 after purchasing an additional 5,534 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Diebold Nixdorf during the second quarter valued at $3,993,000. Finally, Invesco Ltd. lifted its holdings in shares of Diebold Nixdorf by 308.8% during the second quarter. Invesco Ltd. now owns 73,503 shares of the technology company's stock valued at $4,072,000 after purchasing an additional 55,525 shares during the last quarter. 97.04% of the stock is owned by hedge funds and other institutional investors.
Diebold Nixdorf Company Profile
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Get Free Report)
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.
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