An issue of Diebold Nixdorf Inc (NYSE:DBD) debt rose 2.3% against its face value during trading on Thursday. The debt issue has a 8.5% coupon and will mature on April 15, 2024. The bonds in the issue are now trading at $91.50 and were trading at $86.63 last week. Price changes in a company’s debt in credit markets often anticipate parallel changes in its stock price.

Several brokerages have commented on DBD. Zacks Investment Research upgraded shares of Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $8.25 price objective for the company in a report on Monday, February 18th. DA Davidson upgraded shares of Diebold Nixdorf from a “neutral” rating to a “buy” rating and set a $5.00 price objective for the company in a report on Tuesday, January 8th. ValuEngine upgraded shares of Diebold Nixdorf from a “hold” rating to a “buy” rating in a report on Tuesday, February 12th. Finally, JPMorgan Chase & Co. set a $7.00 price objective on shares of Diebold Nixdorf and gave the stock a “sell” rating in a report on Thursday, February 14th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $6.56.

DBD traded up $0.52 on Thursday, hitting $11.02. The company had a trading volume of 3,031,298 shares, compared to its average volume of 2,471,220. The company has a debt-to-equity ratio of 102.95, a current ratio of 1.40 and a quick ratio of 1.02. Diebold Nixdorf Inc has a 52-week low of $2.41 and a 52-week high of $17.52. The firm has a market capitalization of $803.88 million, a PE ratio of -10.70, a price-to-earnings-growth ratio of 14.95 and a beta of 2.88.

Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Wednesday, February 13th. The technology company reported ($0.08) earnings per share for the quarter. Diebold Nixdorf had a negative net margin of 11.92% and a negative return on equity of 53.21%. The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the business posted $0.40 EPS. Diebold Nixdorf’s revenue for the quarter was up 3.2% on a year-over-year basis. Analysts expect that Diebold Nixdorf Inc will post 0.23 EPS for the current fiscal year.

In other Diebold Nixdorf news, SVP Ulrich Naher bought 13,000 shares of the firm’s stock in a transaction on Wednesday, February 20th. The stock was acquired at an average price of $8.57 per share, with a total value of $111,410.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Gerrard Schmid bought 22,222 shares of the firm’s stock in a transaction on Monday, March 4th. The shares were acquired at an average cost of $8.80 per share, with a total value of $195,553.60. The disclosure for this purchase can be found here. Insiders have acquired 87,822 shares of company stock valued at $823,783 in the last ninety days. Insiders own 0.74% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in DBD. Coldstream Capital Management Inc. bought a new stake in shares of Diebold Nixdorf during the fourth quarter valued at approximately $25,000. Iberiabank Corp bought a new stake in Diebold Nixdorf in the 4th quarter worth approximately $29,000. Oregon Public Employees Retirement Fund bought a new stake in Diebold Nixdorf in the 4th quarter worth approximately $29,000. Public Employees Retirement System of Ohio grew its position in Diebold Nixdorf by 52.0% in the 4th quarter. Public Employees Retirement System of Ohio now owns 15,652 shares of the technology company’s stock worth $39,000 after purchasing an additional 5,356 shares during the period. Finally, Municipal Employees Retirement System of Michigan bought a new stake in Diebold Nixdorf in the 4th quarter worth approximately $53,000.

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Diebold Nixdorf Company Profile (NYSE:DBD)

Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates in three segments: Services, Software, and Systems. The Services segment provides product-related services, such as first and second line maintenance, preventive maintenance, and on-demand services; and managed and outsourcing services, including store lifecycle management, self-service fleet management, branch lifecycle management, automated teller machine (ATM) as-a-service, and managed mobility services, as well as cash management services.

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