Diebold Nixdorf (NYSE:DBD) Share Price Crosses Above 200 Day Moving Average – Here’s Why
by Michael Walen · The Markets DailyDiebold Nixdorf, Incorporated (NYSE:DBD – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $66.99 and traded as high as $76.08. Diebold Nixdorf shares last traded at $73.6730, with a volume of 269,270 shares trading hands.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on DBD shares. Weiss Ratings raised shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a report on Tuesday, February 17th. Wedbush set a $100.00 price objective on shares of Diebold Nixdorf in a research report on Friday, February 13th. Finally, DA Davidson boosted their target price on shares of Diebold Nixdorf from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $100.00.
Diebold Nixdorf Trading Up 3.0%
The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 0.85. The company has a market cap of $2.73 billion, a P/E ratio of 30.00 and a beta of 1.48. The business has a 50-day moving average price of $75.21 and a two-hundred day moving average price of $67.18.
Diebold Nixdorf (NYSE:DBD – Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The technology company reported $3.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $1.29. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Diebold Nixdorf had a return on equity of 16.33% and a net margin of 2.49%.Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. On average, analysts predict that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.
Insider Buying and Selling at Diebold Nixdorf
In related news, major shareholder Millstreet Capital Management sold 500,000 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $68.00, for a total value of $34,000,000.00. Following the transaction, the insider directly owned 5,216,672 shares in the company, valued at $354,733,696. This represents a 8.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.26% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the stock. William Blair Investment Management LLC raised its holdings in shares of Diebold Nixdorf by 12.1% during the third quarter. William Blair Investment Management LLC now owns 1,819,728 shares of the technology company’s stock worth $103,779,000 after acquiring an additional 197,086 shares during the period. Dimensional Fund Advisors LP increased its holdings in Diebold Nixdorf by 6.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 983,638 shares of the technology company’s stock worth $66,782,000 after purchasing an additional 55,889 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Diebold Nixdorf by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 736,081 shares of the technology company’s stock valued at $49,983,000 after purchasing an additional 11,142 shares during the period. Irenic Capital Management LP lifted its holdings in shares of Diebold Nixdorf by 8.5% in the fourth quarter. Irenic Capital Management LP now owns 644,057 shares of the technology company’s stock valued at $43,725,000 after purchasing an additional 50,596 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Diebold Nixdorf by 73.6% in the third quarter. American Century Companies Inc. now owns 501,819 shares of the technology company’s stock valued at $28,619,000 after purchasing an additional 212,790 shares in the last quarter. Institutional investors own 97.04% of the company’s stock.
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.