Diebold Nixdorf (NYSE:DBD) Sets New 52-Week High at $47.73

Diebold Nixdorf, Incorporated (NYSE:DBD) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $47.73 and last traded at $43.74, with a volume of 68821 shares changing hands. The stock had previously closed at $44.66.

Analyst Ratings Changes

DBD has been the subject of a number of research reports. StockNews.com cut shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Thursday, July 11th. Wedbush reiterated an “outperform” rating and set a $50.00 price objective on shares of Diebold Nixdorf in a research report on Thursday, September 12th. Finally, DA Davidson boosted their target price on Diebold Nixdorf from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, August 9th.

Diebold Nixdorf Stock Performance

The company has a quick ratio of 0.95, a current ratio of 1.42 and a debt-to-equity ratio of 1.09. The company has a fifty day moving average price of $41.50 and a 200 day moving average price of $39.44. The stock has a market cap of $1.66 billion and a PE ratio of 7.66.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Wednesday, August 7th. The technology company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.05. The business had revenue of $939.70 million for the quarter, compared to analyst estimates of $899.30 million. Diebold Nixdorf had a net margin of 56.28% and a return on equity of 226.25%. Analysts expect that Diebold Nixdorf, Incorporated will post 5.3 earnings per share for the current year.

Insider Activity at Diebold Nixdorf

In related news, CEO Octavio Marquez purchased 1,100 shares of Diebold Nixdorf stock in a transaction that occurred on Friday, August 9th. The shares were bought at an average price of $37.34 per share, for a total transaction of $41,074.00. Following the completion of the transaction, the chief executive officer now directly owns 135,774 shares of the company’s stock, valued at $5,069,801.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Frank Tobias Baur acquired 1,150 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were bought at an average cost of $40.58 per share, with a total value of $46,667.00. Following the transaction, the executive vice president now owns 24,262 shares of the company’s stock, valued at approximately $984,551.96. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Octavio Marquez purchased 1,100 shares of the business’s stock in a transaction dated Friday, August 9th. The shares were purchased at an average price of $37.34 per share, for a total transaction of $41,074.00. Following the acquisition, the chief executive officer now owns 135,774 shares of the company’s stock, valued at $5,069,801.16. The disclosure for this purchase can be found here. Insiders acquired a total of 3,650 shares of company stock worth $141,935 over the last quarter. 0.04% of the stock is owned by corporate insiders.

Institutional Trading of Diebold Nixdorf

Institutional investors have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. bought a new stake in shares of Diebold Nixdorf in the fourth quarter worth $6,013,000. Susquehanna Fundamental Investments LLC bought a new stake in shares of Diebold Nixdorf during the 1st quarter valued at $502,000. Swiss National Bank purchased a new stake in shares of Diebold Nixdorf in the 1st quarter worth $765,000. Brigade Capital Management LP purchased a new stake in Diebold Nixdorf in the fourth quarter worth about $1,377,000. Finally, Capital International Ltd. CA purchased a new position in shares of Diebold Nixdorf during the 1st quarter valued at about $1,142,000. 97.04% of the stock is currently owned by hedge funds and other institutional investors.

About Diebold Nixdorf

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.