Diebold Nixdorf (NYSE:DBD) Hits New 12-Month High – Time to Buy?

Diebold Nixdorf, Incorporated (NYSE:DBD)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $84.46 and last traded at $83.2450, with a volume of 51019 shares trading hands. The stock had previously closed at $82.67.

Analysts Set New Price Targets

Several brokerages recently commented on DBD. Weiss Ratings upgraded Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research report on Tuesday, February 17th. Wedbush set a $100.00 price target on shares of Diebold Nixdorf in a research report on Friday, February 13th. Finally, DA Davidson raised their price objective on shares of Diebold Nixdorf from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $100.00.

Diebold Nixdorf Trading Up 0.4%

The stock has a market capitalization of $2.92 billion, a PE ratio of 31.97 and a beta of 1.55. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 0.85. The firm has a 50-day moving average price of $71.31 and a 200-day moving average price of $64.56.

Diebold Nixdorf (NYSE:DBD) last released its earnings results on Thursday, February 12th. The technology company reported $3.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $1.29. The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Diebold Nixdorf had a net margin of 2.49% and a return on equity of 16.33%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. As a group, equities analysts forecast that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current fiscal year.

Diebold Nixdorf announced that its board has initiated a stock repurchase plan on Wednesday, November 5th that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the technology company to buy up to 8.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other news, major shareholder Millstreet Capital Management sold 500,000 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $68.00, for a total value of $34,000,000.00. Following the completion of the transaction, the insider directly owned 5,216,672 shares of the company’s stock, valued at $354,733,696. This trade represents a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.26% of the company’s stock.

Institutional Trading of Diebold Nixdorf

A number of hedge funds and other institutional investors have recently bought and sold shares of DBD. Anderson Financial Strategies LLC purchased a new stake in shares of Diebold Nixdorf in the 3rd quarter valued at about $1,446,000. Principal Financial Group Inc. bought a new position in Diebold Nixdorf in the third quarter valued at $1,131,000. Hillsdale Investment Management Inc. purchased a new stake in Diebold Nixdorf during the third quarter valued at about $7,043,000. LSV Asset Management bought a new stake in Diebold Nixdorf during the third quarter worth about $1,585,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Diebold Nixdorf in the 3rd quarter worth about $927,000. Institutional investors own 97.04% of the company’s stock.

About Diebold Nixdorf

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.