Equities research analysts expect Diebold Nixdorf (NYSE:DBD) to report sales of $1.09 billion for the current quarter, according to Zacks. Four analysts have provided estimates for Diebold Nixdorf’s earnings, with the lowest sales estimate coming in at $1.05 billion and the highest estimate coming in at $1.15 billion. Diebold Nixdorf reported sales of $1.10 billion during the same quarter last year, which would suggest a negative year-over-year growth rate of 0.9%. The company is scheduled to issue its next quarterly earnings report on Thursday, May 3rd.
On average, analysts expect that Diebold Nixdorf will report full year sales of $1.09 billion for the current year, with estimates ranging from $4.60 billion to $4.61 billion. For the next fiscal year, analysts forecast that the business will post sales of $4.72 billion per share, with estimates ranging from $4.71 billion to $4.74 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Diebold Nixdorf.
Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings data on Tuesday, February 13th. The technology company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.05. Diebold Nixdorf had a negative net margin of 5.06% and a positive return on equity of 14.90%. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same quarter in the previous year, the company earned $0.32 EPS. The business’s revenue was up .5% on a year-over-year basis.
Several equities research analysts recently issued reports on DBD shares. Zacks Investment Research lowered shares of Diebold Nixdorf from a “hold” rating to a “sell” rating in a report on Monday, January 29th. Imperial Capital reaffirmed a “hold” rating on shares of Diebold Nixdorf in a report on Wednesday, December 13th. ValuEngine raised shares of Diebold Nixdorf from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. DA Davidson started coverage on shares of Diebold Nixdorf in a report on Wednesday, February 7th. They set a “neutral” rating and a $19.00 price target on the stock. Finally, JPMorgan Chase set a $21.00 price target on shares of Diebold Nixdorf and gave the company a “buy” rating in a report on Monday, February 12th. Three analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. Diebold Nixdorf presently has an average rating of “Hold” and an average price target of $20.80.
Diebold Nixdorf stock traded down $0.50 during midday trading on Thursday, hitting $14.50. The company’s stock had a trading volume of 739,797 shares, compared to its average volume of 1,099,421. Diebold Nixdorf has a 1-year low of $12.90 and a 1-year high of $29.80. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 3.53. The stock has a market capitalization of $1,101.13, a price-to-earnings ratio of 12.83, a price-to-earnings-growth ratio of 4.16 and a beta of 2.05.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 16th. Shareholders of record on Monday, February 26th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date was Friday, February 23rd. Diebold Nixdorf’s payout ratio is 35.40%.
In other Diebold Nixdorf news, CFO Christopher A. Chapman bought 3,000 shares of Diebold Nixdorf stock in a transaction on Wednesday, February 28th. The shares were purchased at an average cost of $16.05 per share, with a total value of $48,150.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.74% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of DBD. New York State Common Retirement Fund grew its holdings in Diebold Nixdorf by 63.3% during the 3rd quarter. New York State Common Retirement Fund now owns 132,100 shares of the technology company’s stock worth $3,018,000 after acquiring an additional 51,200 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Diebold Nixdorf by 0.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,111,917 shares of the technology company’s stock valued at $25,407,000 after buying an additional 8,249 shares in the last quarter. American International Group Inc. raised its position in shares of Diebold Nixdorf by 2.8% in the 3rd quarter. American International Group Inc. now owns 205,170 shares of the technology company’s stock worth $4,688,000 after purchasing an additional 5,567 shares during the last quarter. Legal & General Group Plc raised its position in shares of Diebold Nixdorf by 11.9% in the 3rd quarter. Legal & General Group Plc now owns 109,505 shares of the technology company’s stock worth $2,502,000 after purchasing an additional 11,629 shares during the last quarter. Finally, Virginia Retirement Systems ET AL purchased a new position in shares of Diebold Nixdorf in the 3rd quarter worth about $548,000.
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Diebold Nixdorf Company Profile
Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates in three segments: Services, Software, and Systems. The Services segment provides product-related services, such as first and second line maintenance, preventive maintenance, and on-demand services; and managed and outsourcing services, including store lifecycle management, self-service fleet management, branch lifecycle management, automated teller machine (ATM) as-a-service, and managed mobility services, as well as cash management services.
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