Diebold Nixdorf (DBD) Receives $18.75 Average PT from Analysts

Thursday, June 7 2018

Diebold Nixdorf (DBD) Receives $18.75 Average PT from Analysts

Diebold Nixdorf (DBD) Receives $18.75 Average PT from Analysts Posted by Caroline Horne | Jun 7th, 2018
Diebold Nixdorf (NYSE:DBD) has received an average recommendation of “Hold” from the nine analysts that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $18.75.
Several research analysts have weighed in on the company. Zacks Investment Research cut Diebold Nixdorf from a “hold” rating to a “sell” rating in a research report on Friday, May 4th. DA Davidson lowered their price objective on Diebold Nixdorf from $16.50 to $14.00 and set a “hold” rating on the stock in a research report on Thursday, May 3rd. Credit Suisse Group cut Diebold Nixdorf from an “outperform” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research report on Friday, May 4th. ValuEngine cut Diebold Nixdorf from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 2nd. Finally, JPMorgan Chase reiterated a “neutral” rating and set a $19.00 price objective on shares of Diebold Nixdorf in a research report on Wednesday, May 2nd. Get Diebold Nixdorf alerts:
Diebold Nixdorf traded down $0.25, hitting $12.10, during trading hours on Friday, MarketBeat reports. 3,897 shares of the stock were exchanged, compared to its average volume of 2,887,459. The company has a debt-to-equity ratio of 3.70, a current ratio of 1.31 and a quick ratio of 0.86. The stock has a market capitalization of $953.27 million, a price-to-earnings ratio of 10.73, a PEG ratio of 4.10 and a beta of 2.06. Diebold Nixdorf has a 12 month low of $11.43 and a 12 month high of $28.50.
Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings data on Wednesday, May 2nd. The technology company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.13). The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.08 billion. Diebold Nixdorf had a positive return on equity of 12.89% and a negative net margin of 5.36%. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.08 EPS. research analysts expect that Diebold Nixdorf will post 1.02 EPS for the current year.
In related news, CFO Christopher A. Chapman purchased 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were bought at an average price of $16.05 per share, for a total transaction of $48,150.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . Also, insider Gerrard Schmid purchased 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 8th. The stock was bought at an average price of $11.85 per share, for a total transaction of $118,500.00. The disclosure for this purchase can be found here . Insiders purchased 46,300 shares of company stock worth $561,340 in the last 90 days. 0.74% of the stock is owned by company insiders.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Assetmark Inc. increased its position in shares of Diebold Nixdorf by 185.8% in the fourth quarter. Assetmark Inc. now owns 6,801 shares of the technology company’s stock worth $111,000 after purchasing an additional 4,421 shares during the period. Amundi Pioneer Asset Management Inc. acquired a new stake in Diebold Nixdorf in the fourth quarter valued at about $113,000. CENTRAL TRUST Co acquired a new stake in Diebold Nixdorf in the fourth quarter valued at about $128,000. Advantage Investment Management LLC acquired a new stake in Diebold Nixdorf in the fourth quarter valued at about $163,000. Finally, Hilltop Holdings Inc. acquired a new stake in Diebold Nixdorf in the first quarter valued at about $169,000.
Diebold Nixdorf Company Profile
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. Receive News & Ratings for Diebold Nixdorf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diebold Nixdorf and related companies with MarketBeat.com's FREE daily email newsletter . «