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Emanuel R. Pearlman, a director at Diebold Nixdorf (OTC:DBDQQ), Inc. (NYSE:DBD), has sold shares in the company, according to a recent SEC filing. The transactions, which took place on February 28, involved the sale of 2,000 shares of common stock at prices ranging from $43.65 to $43.71 per share, amounting to a total value of $87,360. The sale comes as the company, currently valued at $1.66 billion, shows promising signs with analysts setting price targets between $60 and $80. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value metrics.
Following these transactions, Pearlman holds 40,000 shares in the company. The sales were part of a planned reduction in his holdings as he will not be standing for re-election to the board, with his tenure ending at the upcoming Annual Stockholder Meeting. The number of shares he continues to hold includes restricted stock units and deferred shares. While the company isn’t currently profitable, InvestingPro analysts expect positive net income growth this year, with detailed insights available in the comprehensive Pro Research Report covering this and 1,400+ other US stocks.
In other recent news, Diebold Nixdorf reported its fourth-quarter 2024 financial results, revealing an earnings per share (EPS) of $0.97, which fell short of the forecasted $1.44. The company’s revenue also missed expectations, coming in at $988.9 million against a forecast of $1.03 billion. Despite these misses, Diebold Nixdorf achieved a full-year revenue of $3.75 billion, with a notable improvement in free cash flow to $109 million, the best performance since 2016. For 2025, the company projects flat to low single-digit revenue growth and anticipates an adjusted EBITDA between $470 million and $490 million.
Additionally, DA Davidson has raised its price target for Diebold Nixdorf to $80 from $65, while maintaining a Buy rating. This update came after the company’s 2025 Investor Day in New York City, where it laid out long-term financial goals through 2027. Analyst Matthew Summerville noted the company’s focus on balance sheet management and free cash flow generation as positive signs. Diebold Nixdorf is also aiming to expand its total addressable market and capitalize on industry cycles and pricing opportunities to drive revenue growth. These developments indicate a strategic alignment with DA Davidson’s optimistic outlook on the company’s future prospects.
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