An issue of Diebold Nixdorf Inc (NYSE:DBD) bonds rose 1.3% against their face value during trading on Friday. The high-yield issue of debt has a 8.5% coupon and will mature on April 15, 2024. The bonds in the issue are now trading at $84.25. Price changes in a company’s bonds in credit markets often anticipate parallel changes in its share price.
Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. set a $7.00 price objective on shares of Diebold Nixdorf and gave the stock a “sell” rating in a research report on Thursday. ValuEngine upgraded shares of Diebold Nixdorf from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. Zacks Investment Research upgraded shares of Diebold Nixdorf from a “sell” rating to a “hold” rating in a research report on Monday, November 5th. Finally, 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 research report on Tuesday, January 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $6.00.
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Shares of NYSE DBD traded up $0.62 during midday trading on Friday, reaching $8.03. The company’s stock had a trading volume of 5,179,785 shares, compared to its average volume of 2,418,591. The company has a current ratio of 1.40, a quick ratio of 1.01 and a debt-to-equity ratio of 102.95. Diebold Nixdorf Inc has a fifty-two week low of $2.41 and a fifty-two week high of $18.05. The company has a market cap of $564.05 million, a price-to-earnings ratio of -7.80 and a beta of 2.48.
Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings data on Wednesday, February 13th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.22 billion. Diebold Nixdorf had a negative net margin of 11.92% and a negative return on equity of 53.21%. The business’s revenue was up 3.2% compared to the same quarter last year. During the same period last year, the business earned $0.40 earnings per share. On average, equities research analysts forecast that Diebold Nixdorf Inc will post -0.1 earnings per share for the current year.
A number of large investors have recently made changes to their positions in the stock. Principal Financial Group Inc. increased its stake in Diebold Nixdorf by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 618,022 shares of the technology company’s stock valued at $1,539,000 after acquiring an additional 3,614 shares during the last quarter. Public Employees Retirement System of Ohio increased its stake in Diebold Nixdorf by 52.0% in the fourth quarter. Public Employees Retirement System of Ohio now owns 15,652 shares of the technology company’s stock valued at $39,000 after acquiring an additional 5,356 shares during the last quarter. Arizona State Retirement System increased its stake in Diebold Nixdorf by 6.0% in the fourth quarter. Arizona State Retirement System now owns 117,230 shares of the technology company’s stock valued at $292,000 after acquiring an additional 6,653 shares during the last quarter. Legal & General Group Plc increased its stake in Diebold Nixdorf by 3.5% in the fourth quarter. Legal & General Group Plc now owns 220,853 shares of the technology company’s stock valued at $551,000 after acquiring an additional 7,446 shares during the last quarter. Finally, CWM Advisors LLC increased its stake in Diebold Nixdorf by 49.5% in the fourth quarter. CWM Advisors LLC now owns 34,727 shares of the technology company’s stock valued at $86,000 after acquiring an additional 11,502 shares during the last quarter.
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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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