Home  »  Company   »  Following A -26.79% Weekly Decline, Is It Still A ...

Following A -26.79% Weekly Decline, Is It Still A Buy For Diebold Nixdorf Incorporated (NYSE: DBD)?

Diebold Nixdorf Incorporated (NYSE:DBD)’s traded shares stood at 2.78 million during the last session, with the company’s beta value hitting 3.04. At the close of trading, the stock’s price was $2.35, to imply a decrease of -7.84% or -$0.2 in intraday trading. The DBD share’s 52-week high remains $7.60, putting it -223.4% down since that peak but still an impressive 46.38% since price per share fell to its 52-week low of $1.26. The company has a valuation of $206.31M, with an average of 1.87 million shares in intraday trading volume over the past 10 days and average of 1.87 million shares over the past 3 months.

Analysts have given a consensus recommendation of a Hold for Diebold Nixdorf Incorporated (DBD), translating to a mean rating of 2.60. Of 5 analyst(s) looking at the stock, 1 analyst(s) give DBD a Sell rating. 1 of those analysts rate the stock as Overweight while 2 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.18.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

Diebold Nixdorf Incorporated (NYSE:DBD) trade information

After registering a -7.84% downside in the last session, Diebold Nixdorf Incorporated (DBD) has traded red over the past five days. The stock hit a weekly high of 3.36 this Wednesday, 03/15/23, dropping -7.84% in its intraday price action. The 5-day price performance for the stock is -26.79%, and -4.08% over 30 days. With these gigs, the year-to-date price performance is 65.49%. Short interest in Diebold Nixdorf Incorporated (NYSE:DBD) saw shorts transact 9.45 million shares and set a 8.21 days time to cover.

Diebold Nixdorf Incorporated (DBD) estimates and forecasts

Looking at statistics comparing Diebold Nixdorf Incorporated share performance against respective industry, we note that the company has outperformed competitors. Diebold Nixdorf Incorporated (DBD) shares are -24.19% down over the last 6 months, with its year-to-date growth rate higher than industry average at 415.09% against 12.60%. Revenue is forecast to grow 111.20% this quarter before falling -23.70% for the next one. The rating firms project that company’s revenue will grow 10.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 3 analysts is $897.78 million. Meanwhile, for the quarter ending Jun 2023, a total of 3 analyst(s) estimate revenue growth to $924.29 million.Earnings reports from the last fiscal year show that sales brought in $829.8 million and $851.7 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 8.20% before jumping 8.50% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 17.00% for the past 5-year period. While 2023 is set for a 71.00% return in earnings, projections for the next 5 years are at 3.00% annually.

DBD Dividends

Diebold Nixdorf Incorporated has its next earnings report out between May 08 and May 12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Diebold Nixdorf Incorporated has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Diebold Nixdorf Incorporated (NYSE:DBD)’s Major holders

Diebold Nixdorf Incorporated insiders hold 9.82% of total outstanding shares, with institutional holders owning 77.39% of the shares at 85.82% float percentage. In total, 77.39% institutions holds shares in the company, led by Blackrock Inc. As of Sep 29, 2022, the company held over 11.19 million shares (or 14.15% of shares), all amounting to roughly $27.31 million.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 5.86 million shares, or about 7.41% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $14.3 million.

We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Diebold Nixdorf Incorporated (DBD) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 2.43 million shares. This is just over 3.07% of the total shares, with a market valuation of $5.92 million. Data from the same date shows that the other fund manager holds a little less at 1.65 million, or 2.09% of the shares, all valued at about 2.35 million.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts