Diebold, Incorporated (DBD) Rating Reiterated by KeyCorp
Diebold, Incorporated (NYSE:DBD)‘s stock had its “hold” rating reiterated by stock analysts at KeyCorp in a note issued to investors on Friday.
Other equities analysts also recently issued reports about the company. Zacks Investment Research downgraded Diebold, from a “hold” rating to a “strong sell” rating in a research report on Thursday. BidaskClub downgraded Diebold, from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Lake Street Capital decreased their target price on Diebold, from $38.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, July 6th. Imperial Capital set a $24.00 target price on Diebold, and gave the stock a “hold” rating in a research report on Tuesday. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Diebold, in a research report on Tuesday, September 5th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. Diebold, has a consensus rating of “Hold” and an average target price of $30.25.
Shares of Diebold, (DBD) opened at 22.05 on Friday. The firm has a 50 day moving average price of $21.82 and a 200 day moving average price of $24.31. The stock’s market cap is $1.66 billion. Diebold, has a 12-month low of $17.95 and a 12-month high of $31.85.
Diebold, (NYSE:DBD) last announced its quarterly earnings data on Wednesday, July 19th. The technology company reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.02. Diebold, had a positive return on equity of 7.25% and a negative net margin of 6.04%. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the previous year, the business earned $0.43 earnings per share. The business’s revenue was up 95.5% on a year-over-year basis. On average, equities analysts expect that Diebold, will post $0.97 EPS for the current year.
In other news, Director Gale S. Fitzgerald bought 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were bought at an average cost of $18.14 per share, for a total transaction of $90,700.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Henry D. G. Wallace bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The stock was purchased at an average price of $19.08 per share, for a total transaction of $190,800.00. The disclosure for this purchase can be found here. Insiders purchased 21,000 shares of company stock worth $417,880 over the last quarter. 1.37% of the stock is owned by company insiders.
Large investors have recently bought and sold shares of the stock. Morgan Stanley lifted its position in shares of Diebold, by 3.6% in the first quarter. Morgan Stanley now owns 453,389 shares of the technology company’s stock worth $13,919,000 after buying an additional 15,565 shares in the last quarter. BlackRock Inc. lifted its position in shares of Diebold, by 19,292.0% in the first quarter. BlackRock Inc. now owns 8,046,515 shares of the technology company’s stock worth $247,027,000 after buying an additional 8,005,021 shares in the last quarter. Legato Capital Management LLC purchased a new stake in shares of Diebold, in the second quarter worth about $2,099,000. Schwab Charles Investment Management Inc. lifted its position in shares of Diebold, by 9.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 480,823 shares of the technology company’s stock worth $14,762,000 after buying an additional 41,258 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Diebold, by 50.5% in the second quarter. Victory Capital Management Inc. now owns 1,541,015 shares of the technology company’s stock worth $43,148,000 after buying an additional 517,230 shares in the last quarter.
Diebold Nixdorf, Incorporated provides connected commerce services, software and technology. The Company’s geographic segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). These segments sell and service financial self-service (FSS), retail solutions and security systems.
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