ValuEngine lowered shares of Diebold Nixdorf (NYSE:DBD) from a sell rating to a strong sell rating in a research note released on Tuesday morning.

A number of other brokerages also recently issued reports on DBD. TheStreet downgraded shares of Diebold Nixdorf from a c- rating to a d+ rating in a research report on Thursday, July 5th. JPMorgan Chase & Co. reiterated a neutral rating and set a $19.00 target price on shares of Diebold Nixdorf in a research report on Wednesday, May 2nd. DA Davidson dropped their target price on shares of Diebold Nixdorf from $16.50 to $14.00 and set a hold rating on the stock in a research report on Thursday, May 3rd. Zacks Investment Research upgraded shares of Diebold Nixdorf from a strong sell rating to a hold rating in a research report on Tuesday, July 3rd. Finally, Credit Suisse Group downgraded shares of Diebold Nixdorf from an outperform rating to a neutral rating and set a $19.00 target price on the stock. in a research report on Friday, May 4th. Three analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $14.80.

Shares of NYSE DBD opened at $4.55 on Tuesday. The company has a market capitalization of $380.47 million, a PE ratio of 7.69 and a beta of 2.04. Diebold Nixdorf has a 52-week low of $3.55 and a 52-week high of $23.50. The company has a debt-to-equity ratio of 6.96, a quick ratio of 0.89 and a current ratio of 1.39.

Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings results on Wednesday, August 1st. The technology company reported ($0.21) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.22). The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.10 billion. Diebold Nixdorf had a positive return on equity of 10.58% and a negative net margin of 7.77%. The firm’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.08 EPS. equities research analysts expect that Diebold Nixdorf will post -0.03 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in the stock. Swiss National Bank lifted its position in shares of Diebold Nixdorf by 4.9% during the 1st quarter. Swiss National Bank now owns 118,459 shares of the technology company’s stock valued at $1,824,000 after acquiring an additional 5,500 shares during the period. Northwestern Mutual Investment Management Company LLC lifted its position in shares of Diebold Nixdorf by 57.1% during the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 15,539 shares of the technology company’s stock valued at $239,000 after acquiring an additional 5,647 shares during the period. Victory Capital Management Inc. lifted its position in shares of Diebold Nixdorf by 0.4% during the 1st quarter. Victory Capital Management Inc. now owns 1,644,410 shares of the technology company’s stock valued at $25,324,000 after acquiring an additional 6,945 shares during the period. Granite Springs Asset Management LLC lifted its position in shares of Diebold Nixdorf by 48.8% during the 1st quarter. Granite Springs Asset Management LLC now owns 22,300 shares of the technology company’s stock valued at $343,000 after acquiring an additional 7,310 shares during the period. Finally, BB&T Securities LLC lifted its position in shares of Diebold Nixdorf by 22.7% during the 1st quarter. BB&T Securities LLC now owns 45,597 shares of the technology company’s stock valued at $702,000 after acquiring an additional 8,450 shares during the period.

About Diebold Nixdorf

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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Analyst Recommendations for Diebold Nixdorf (NYSE:DBD)

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