Diebold Nixdorf (NYSE:DBD) Reaches New 1-Year High – Here’s Why

Shares of Diebold Nixdorf, Incorporated (NYSE:DBD) reached a new 52-week high during trading on Wednesday . The stock traded as high as $85.99 and last traded at $83.0430, with a volume of 267381 shares traded. The stock had previously closed at $78.25.

Analysts Set New Price Targets

DBD has been the subject of several research reports. Weiss Ratings upgraded shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a report on Tuesday, February 17th. Wedbush set a $100.00 price objective on shares of Diebold Nixdorf in a research report on Friday, February 13th. Finally, DA Davidson raised their price objective on shares of Diebold Nixdorf from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Diebold Nixdorf presently has an average rating of “Buy” and a consensus price target of $100.00.

Diebold Nixdorf Stock Performance

The company has a market cap of $2.88 billion, a P/E ratio of 31.63 and a beta of 1.48. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 0.85. The stock’s 50-day moving average price is $75.85 and its 200 day moving average price is $67.76.

Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $3.02 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $1.29. Diebold Nixdorf had a net margin of 2.49% and a return on equity of 16.33%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. As a group, research analysts expect that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current fiscal year.

Insider Activity at Diebold Nixdorf

In other news, major shareholder Millstreet Capital Management sold 500,000 shares of Diebold Nixdorf stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $68.00, for a total value of $34,000,000.00. Following the transaction, the insider owned 5,216,672 shares of the company’s stock, valued at $354,733,696. This trade represents a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.26% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Diebold Nixdorf

Several hedge funds and other institutional investors have recently modified their holdings of the stock. ProShare Advisors LLC grew its stake in shares of Diebold Nixdorf by 4.1% in the fourth quarter. ProShare Advisors LLC now owns 4,521 shares of the technology company’s stock worth $307,000 after acquiring an additional 178 shares during the last quarter. CWM LLC grew its stake in shares of Diebold Nixdorf by 15.6% in the fourth quarter. CWM LLC now owns 1,719 shares of the technology company’s stock worth $117,000 after acquiring an additional 232 shares during the last quarter. Strs Ohio grew its stake in shares of Diebold Nixdorf by 2.2% in the third quarter. Strs Ohio now owns 13,800 shares of the technology company’s stock worth $787,000 after acquiring an additional 300 shares during the last quarter. Lazard Asset Management LLC grew its stake in shares of Diebold Nixdorf by 1.0% in the second quarter. Lazard Asset Management LLC now owns 31,421 shares of the technology company’s stock worth $1,740,000 after acquiring an additional 322 shares during the last quarter. Finally, AlphaQuest LLC grew its stake in shares of Diebold Nixdorf by 65.1% in the third quarter. AlphaQuest LLC now owns 860 shares of the technology company’s stock worth $49,000 after acquiring an additional 339 shares during the last quarter. Institutional investors and hedge funds own 97.04% of the company’s stock.

Diebold Nixdorf Company Profile

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.