Diebold Nixdorf (NYSE:DBD) Hits New 12-Month High - Should You Buy?

Diebold Nixdorf, Incorporated (NYSE:DBD - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The stock traded as high as $60.36 and last traded at $58.32, with a volume of 240632 shares changing hands. The stock had previously closed at $59.91.

Wall Street Analyst Weigh In

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

Diebold Nixdorf Trading Up 0.6%

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 company has a market cap of $2.20 billion, a P/E ratio of -218.44 and a beta of 1.69. The stock's 50 day moving average is $52.70 and its 200-day moving average is $46.51.

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

Insider Buying and Selling at Diebold Nixdorf

In other news, EVP Frank Tobias Baur bought 700 shares of Diebold Nixdorf stock in a transaction that occurred on Friday, May 9th. The stock was bought at an average cost of $46.12 per share, with a total value of $32,284.00. Following the acquisition, the executive vice president owned 38,572 shares of the company's stock, 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 Securities & Exchange Commission, which is accessible through this link. 0.26% of the stock is owned by company insiders.

Institutional Investors Weigh In On Diebold Nixdorf

Institutional investors have recently added to or reduced their stakes in the stock. Franklin Resources Inc. purchased a new stake in Diebold Nixdorf during the 4th quarter valued at approximately $520,000. Ritholtz Wealth Management boosted its position in shares of Diebold Nixdorf by 96.3% during the 1st quarter. Ritholtz Wealth Management now owns 13,821 shares of the technology company's stock valued at $604,000 after acquiring an additional 6,782 shares during the last quarter. Invesco Ltd. boosted its position 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 valued at $529,000 after acquiring an additional 867 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Diebold Nixdorf by 23.7% during the 4th quarter. Wells Fargo & Company MN now owns 17,092 shares of the technology company's stock valued at $736,000 after acquiring an additional 3,276 shares during the last quarter. Finally, Skylands Capital LLC boosted its position in shares of Diebold Nixdorf by 23.3% during the 1st quarter. Skylands Capital LLC now owns 550,600 shares of the technology company's stock valued at $24,072,000 after acquiring an additional 103,975 shares during the last quarter. 97.04% of the stock is owned by hedge funds and other 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.