Diebold Nixdorf (NYSE:DBD) Upgraded to “Strong-Buy” at Wedbush

Wedbush upgraded shares of Diebold Nixdorf (NYSE:DBD) to a strong-buy rating in a research note released on Monday morning,Zacks.com reports.

A number of other research firms have also commented on DBD. Weiss Ratings reissued a “buy (b-)” rating on shares of Diebold Nixdorf in a research report on Friday, July 10th. DA Davidson reiterated a “buy” rating and issued a $100.00 target price on shares of Diebold Nixdorf in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $100.00.

Diebold Nixdorf Stock Performance

Shares of NYSE DBD opened at $90.61 on Monday. The business’s 50-day simple moving average is $82.93 and its 200-day simple moving average is $78.58. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.89 and a current ratio of 1.28. Diebold Nixdorf has a 52 week low of $53.93 and a 52 week high of $92.08. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 30.72 and a beta of 1.12.

Diebold Nixdorf (NYSE:DBD) last posted its earnings results on Wednesday, July 29th. The technology company reported $1.10 earnings per share for the quarter, hitting the consensus estimate of $1.10. The firm had revenue of $927.60 million during the quarter, compared to analyst estimates of $923.07 million. Diebold Nixdorf had a return on equity of 18.82% and a net margin of 2.80%.Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. As a group, equities research analysts expect that Diebold Nixdorf will post 5.5 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Thomas S. Timko acquired 672 shares of the stock in a transaction dated Friday, May 22nd. The shares were acquired at an average price of $74.36 per share, for a total transaction of $49,969.92. Following the completion of the purchase, the executive vice president owned 75,480 shares in the company, valued at approximately $5,612,692.80. The trade was a 0.90% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Millstreet Capital Management sold 100,000 shares of the business’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $84.80, for a total transaction of $8,480,000.00. Following the transaction, the insider directly owned 4,104,432 shares in the company, valued at $348,055,833.60. This trade represents a 2.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders purchased 3,282 shares of company stock valued at $249,138 and sold 419,798 shares valued at $35,245,284. 1.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Diebold Nixdorf

A number of institutional investors have recently added to or reduced their stakes in DBD. GAMMA Investing LLC increased its stake in Diebold Nixdorf by 56.7% during the second quarter. GAMMA Investing LLC now owns 735 shares of the technology company’s stock valued at $62,000 after acquiring an additional 266 shares during the period. Jones Financial Companies Lllp lifted its position 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 acquiring an additional 880 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in shares of Diebold Nixdorf in the 1st quarter worth approximately $93,000. CWM LLC grew its holdings in shares of Diebold Nixdorf by 15.6% during the 4th quarter. CWM LLC now owns 1,719 shares of the technology company’s stock worth $117,000 after purchasing an additional 232 shares in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Diebold Nixdorf during the fourth quarter valued at approximately $128,000. 97.04% of the stock is owned by institutional investors and hedge funds.

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.