Diebold Nixdorf (NYSE:DBD) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.

Several other equities research analysts have also weighed in on the company. DA Davidson upgraded Diebold Nixdorf from a “neutral” rating to a “buy” rating and set a $5.00 price target on the stock in a research report on Tuesday, January 8th. Zacks Investment Research raised Diebold Nixdorf from a “sell” rating to a “hold” rating in a report on Monday, November 5th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $6.00.

NYSE DBD opened at $7.26 on Tuesday. The company has a debt-to-equity ratio of 102.95, a quick ratio of 1.01 and a current ratio of 1.55. Diebold Nixdorf has a twelve month low of $2.41 and a twelve month high of $18.05. The company has a market cap of $381.38 million, a P/E ratio of 6.42 and a beta of 2.48.

Diebold Nixdorf (NYSE:DBD) last released its quarterly 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 11.68% and a negative return on equity of 13.35%. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the firm earned $0.40 earnings per share. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year. Research analysts predict that Diebold Nixdorf will post -0.94 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the business. First Manhattan Co. purchased a new position in shares of Diebold Nixdorf in the third quarter worth $618,000. NJ State Employees Deferred Compensation Plan purchased a new position in shares of Diebold Nixdorf in the third quarter worth $243,000. Brave Asset Management Inc. purchased a new position in shares of Diebold Nixdorf in the third quarter worth $128,000. Russell Investments Group Ltd. raised its stake in shares of Diebold Nixdorf by 26.5% in the third quarter. Russell Investments Group Ltd. now owns 2,432,385 shares of the technology company’s stock worth $10,966,000 after purchasing an additional 510,286 shares during the last quarter. Finally, Smith Graham & Co. Investment Advisors LP raised its stake in shares of Diebold Nixdorf by 90.8% in the third quarter. Smith Graham & Co. Investment Advisors LP now owns 1,596,449 shares of the technology company’s stock worth $7,184,000 after purchasing an additional 759,577 shares during the last quarter.

About Diebold Nixdorf

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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