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Now Is A Good Time To Buy Diebold Nixdorf Incorporated (NYSE: DBD)

During the last session, Diebold Nixdorf Incorporated (NYSE:DBD)’s traded shares were 3.17 million, with the beta value of the company hitting 3.00. At the end of the trading day, the stock’s price was $0.28, reflecting an intraday loss of -9.90% or -$0.03. The 52-week high for the DBD share is $5.27, that puts it down -1782.14 from that peak though still a striking -7.14% loss since the share price plummeted to a 52-week low of $0.30. The company’s market capitalization is $23.11M, and the average intraday trading volume over the past 10 days was 2.48 million shares, and the average trade volume was 3.82 million shares over the past three months.

Diebold Nixdorf Incorporated (DBD) received a consensus recommendation of an Underweight from analysts. That translates to a mean rating of 2.70. DBD has a Sell rating from 1 analyst(s) out of 4 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.05.

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Diebold Nixdorf Incorporated (NYSE:DBD) trade information

Diebold Nixdorf Incorporated (DBD) registered a -9.90% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -9.90% in intraday trading to $0.28 this Wednesday, 05/24/23, hitting a weekly high. The stock’s 5-day price performance is -22.68%, and it has moved by -62.42% in 30 days. Based on these gigs, the overall price performance for the year is -90.81%. The short interest in Diebold Nixdorf Incorporated (NYSE:DBD) is 16.82 million shares and it means that shorts have 5.69 day(s) to cover.

Diebold Nixdorf Incorporated (DBD) estimates and forecasts

Statistics show that Diebold Nixdorf Incorporated has outperformed its competitors in share price, compared to the industry in which it operates. Diebold Nixdorf Incorporated (DBD) shares have gone down -87.18% during the last six months, with a year-to-date growth rate more than the industry average at 67.92% against 17.10. Yet analysts are ramping up their growth forecast for the fiscal year 2023. Revenue is predicted to shrink -86.80% this quarter and then jump 250.00% in the quarter after that. In the rating firms’ projections, revenue will increase 9.70% compared to the previous financial year.

Revenue for the current quarter is expected to be $920.75 million as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $960.91 million by the end of Sep 2023. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $851.7 million and $843.46 million respectively. In this case, analysts expect current quarter sales to grow by 8.10% and then jump by 13.90% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -29.70%. While earnings are projected to return -631.30% in 2023, the next five years will return 3.00% per annum.

DBD Dividends

Diebold Nixdorf Incorporated is due to release its next quarterly earnings between July 31 and August 04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Diebold Nixdorf Incorporated insiders own 10.16% of total outstanding shares while institutional holders control 68.02%, with the float percentage being 75.72%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 199 institutions own stock in it. As of Mar 30, 2023, the company held over 5.13 million shares (or 6.44% of all shares), a total value of $6.15 million in shares.

The next largest institutional holding, with 4.44 million shares, is of Blackrock Inc.’s that is approximately 5.57% of outstanding shares. At the market price on Mar 30, 2023, these shares were valued at $5.32 million.

Also, the Mutual Funds coming in first place with the largest holdings of Diebold Nixdorf Incorporated (DBD) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. Data provided on Dec 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 2.52 million shares. This amounts to just over 3.17 percent of the company’s overall shares, with a $3.58 million market value. The same data shows that the other fund manager holds slightly less at 1.66 million, or about 2.08% of the stock, which is worth about $5.34 million.

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