Diebold Nixdorf (NYSE:DBD) Reaches New 12-Month High - Should You Buy?

Diebold Nixdorf, Incorporated (NYSE:DBD - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The stock traded as high as $48.00 and last traded at $48.00, with a volume of 106 shares trading hands. The stock had previously closed at $47.29.

Analysts Set New Price Targets

A number of brokerages recently commented on DBD. DA Davidson raised their price objective on shares of Diebold Nixdorf from $55.00 to $65.00 and gave the company a "buy" rating in a research report on Friday, August 9th. Wedbush restated an "outperform" rating and set a $50.00 target price on shares of Diebold Nixdorf in a research report on Thursday, September 12th. Finally, StockNews.com downgraded shares of Diebold Nixdorf from a "buy" rating to a "hold" rating in a research report on Friday, October 11th.

Diebold Nixdorf Trading Up 0.5 %

The company has a debt-to-equity ratio of 1.09, a current ratio of 1.42 and a quick ratio of 0.95. The business has a 50-day moving average price of $43.59 and a two-hundred day moving average price of $41.05. The firm has a market cap of $1.79 billion, a PE ratio of 8.10 and a beta of 2.18.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The technology company reported $1.16 EPS for the quarter, topping analysts' consensus estimates of $1.11 by $0.05. Diebold Nixdorf had a return on equity of 226.25% and a net margin of 56.28%. The firm had revenue of $939.70 million during the quarter, compared to analysts' expectations of $899.30 million. Analysts forecast that Diebold Nixdorf, Incorporated will post 5.3 EPS for the current year.

Insider Buying and Selling

In other news, EVP Frank Tobias Baur bought 1,150 shares of Diebold Nixdorf stock in a transaction that occurred on Tuesday, August 27th. The shares were purchased at an average price of $40.58 per share, for a total transaction of $46,667.00. Following the completion of the acquisition, the executive vice president now owns 24,262 shares of the company's stock, valued at $984,551.96. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Diebold Nixdorf news, EVP Frank Tobias Baur bought 1,150 shares of the business's stock in a transaction dated Tuesday, August 27th. The shares were acquired at an average price of $40.58 per share, with a total value of $46,667.00. Following the purchase, the executive vice president now owns 24,262 shares in the company, valued at approximately $984,551.96. The trade was a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Octavio Marquez purchased 1,100 shares of the firm's stock in a transaction that occurred on Friday, August 9th. The shares were acquired at an average cost of $37.34 per share, with a total value of $41,074.00. Following the completion of the transaction, the chief executive officer now owns 135,774 shares in the company, valued at $5,069,801.16. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 3,650 shares of company stock worth $141,935. 0.04% of the stock is owned by company insiders.

Institutional Trading of Diebold Nixdorf

Several large investors have recently bought and sold shares of DBD. Amalgamated Bank purchased a new stake in shares of Diebold Nixdorf during the second quarter worth about $34,000. nVerses Capital LLC purchased a new position in shares of Diebold Nixdorf during the 2nd quarter valued at approximately $35,000. SG Americas Securities LLC acquired a new stake in shares of Diebold Nixdorf during the first quarter worth approximately $105,000. Summit Securities Group LLC bought a new stake in shares of Diebold Nixdorf in the second quarter worth $125,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Diebold Nixdorf by 215.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,770 shares of the technology company's stock valued at $145,000 after acquiring an additional 2,576 shares in the last quarter. Institutional investors and hedge funds own 97.04% of the company's stock.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.