DA Davidson started coverage on shares of Diebold Nixdorf (NYSE:DBD) in a research report report published on Wednesday, February 7th. The firm issued a neutral rating and a $19.00 target price on the technology company’s stock. DA Davidson also issued estimates for Diebold Nixdorf’s Q4 2017 earnings at $0.37 EPS, FY2017 earnings at $1.11 EPS, Q1 2018 earnings at $0.18 EPS, Q2 2018 earnings at $0.25 EPS, Q3 2018 earnings at $0.36 EPS, Q4 2018 earnings at $0.50 EPS, FY2018 earnings at $1.30 EPS and FY2019 earnings at $2.05 EPS.
Several other research firms have also recently weighed in on DBD. Imperial Capital set a $24.00 price target on shares of Diebold Nixdorf and gave the company a hold rating in a report on Tuesday, October 17th. KeyCorp reiterated a hold rating on shares of Diebold Nixdorf in a report on Friday, October 20th. Zacks Investment Research cut shares of Diebold Nixdorf from a hold rating to a strong sell rating in a report on Thursday, October 19th. JPMorgan Chase & Co. lowered their price objective on Diebold Nixdorf from $31.00 to $29.00 and set a neutral rating for the company in a research report on Wednesday, November 1st. Finally, Lake Street Capital lowered Diebold Nixdorf from a buy rating to a hold rating and lowered their price objective for the company from $30.00 to $23.00 in a research report on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. Diebold Nixdorf currently has a consensus rating of Hold and a consensus target price of $21.20.
Diebold Nixdorf (NYSE DBD) opened at $14.30 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.47 and a debt-to-equity ratio of 3.00. Diebold Nixdorf has a fifty-two week low of $12.90 and a fifty-two week high of $31.85. The stock has a market cap of $1,099.02, a P/E ratio of -5.30, a PEG ratio of 3.48 and a beta of 2.07.
Diebold Nixdorf (NYSE:DBD) last issued its earnings results on Tuesday, February 13th. The technology company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.05. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Diebold Nixdorf had a negative net margin of 4.40% and a positive return on equity of 11.39%. The business’s revenue was up .5% on a year-over-year basis. During the same quarter last year, the business earned $0.32 earnings per share. research analysts forecast that Diebold Nixdorf will post 1.09 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Monday, February 26th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.80%. The ex-dividend date is Friday, February 23rd. Diebold Nixdorf’s dividend payout ratio is presently -14.81%.
In related news, Director Gale S. Fitzgerald purchased 4,000 shares of the stock in a transaction dated Friday, December 15th. The stock was purchased at an average price of $16.74 per share, with a total value of $66,960.00. Following the transaction, the director now directly owns 51,603 shares in the company, valued at $863,834.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.37% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DBD. Assetmark Inc. increased its holdings in Diebold Nixdorf by 185.8% in the 4th quarter. Assetmark Inc. now owns 6,801 shares of the technology company’s stock worth $111,000 after buying an additional 4,421 shares in the last quarter. Amundi Pioneer Asset Management Inc. bought a new stake in Diebold Nixdorf in the 4th quarter worth about $113,000. Zions Bancorporation bought a new stake in Diebold Nixdorf in the 3rd quarter worth about $114,000. CENTRAL TRUST Co bought a new stake in Diebold Nixdorf in the 4th quarter worth about $128,000. Finally, Advantage Investment Management LLC bought a new stake in Diebold Nixdorf in the 4th quarter worth about $163,000.
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Diebold Nixdorf Company Profile
Diebold Nixdorf, Incorporated provides connected commerce services, software and technology. The Company’s geographic segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). These segments sell and service financial self-service (FSS), retail solutions and security systems.
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