Diebold Nixdorf (NYSE:DBD) Shares Pass Above 200 Day Moving Average - Time to Sell?

Diebold Nixdorf, Incorporated (NYSE:DBD - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $46.85 and traded as high as $59.74. Diebold Nixdorf shares last traded at $59.25, with a volume of 242,721 shares changing hands.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DBD. Wedbush upgraded shares of Diebold Nixdorf to a "strong-buy" rating in a research report on Tuesday. CJS Securities raised shares of Diebold Nixdorf to a "strong-buy" rating in a research report on Tuesday, April 1st. Finally, Wall Street Zen cut shares of Diebold Nixdorf from a "buy" rating to a "hold" rating in a report on Friday, May 9th.

Diebold Nixdorf Price Performance

The stock has a fifty day moving average of $53.51 and a 200-day moving average of $46.95. The company has a quick ratio of 0.91, a current ratio of 1.35 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $2.16 billion, a P/E ratio of -214.46 and a beta of 1.69.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last released its quarterly earnings data 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). The business 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%. Equities analysts predict that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current fiscal year.

Insider Activity

In other news, EVP Frank Tobias Baur bought 700 shares of the company's stock in a transaction on Friday, May 9th. The stock was purchased at an average cost of $46.12 per share, for a total transaction of $32,284.00. Following the completion of the transaction, the executive vice president owned 38,572 shares of the company's stock, valued at $1,778,940.64. This trade represents a 1.85% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.26% of the company's stock.

Institutional Trading of Diebold Nixdorf

Hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Diebold Nixdorf by 3.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,386 shares of the technology company's stock worth $619,000 after purchasing an additional 477 shares in the last quarter. Sterling Capital Management LLC boosted its stake in Diebold Nixdorf by 821.6% during the 4th 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 last quarter. MetLife Investment Management LLC boosted its stake in shares of Diebold Nixdorf by 5.8% in the 4th quarter. MetLife Investment Management LLC now owns 15,629 shares of the technology company's stock worth $673,000 after buying an additional 856 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Diebold Nixdorf by 7.6% in the 4th quarter. Invesco Ltd. now owns 12,297 shares of the technology company's stock worth $529,000 after buying an additional 867 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of 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 buying an additional 880 shares during the last quarter. 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.