Brokerages forecast that Diebold Nixdorf Inc (NYSE:DBD) will post earnings per share of ($0.36) for the current quarter, according to Zacks. Three analysts have issued estimates for Diebold Nixdorf’s earnings, with estimates ranging from ($0.48) to ($0.24). Diebold Nixdorf reported earnings per share of ($0.12) during the same quarter last year, which suggests a negative year-over-year growth rate of 200%. The company is scheduled to issue its next earnings results on Wednesday, May 1st.
According to Zacks, analysts expect that Diebold Nixdorf will report full-year earnings of $0.23 per share for the current financial year, with EPS estimates ranging from $0.00 to $0.34. For the next year, analysts expect that the business will report earnings of $0.83 per share, with EPS estimates ranging from $0.51 to $1.00. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow Diebold Nixdorf.
Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings results on Wednesday, February 13th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.22 billion. Diebold Nixdorf had a negative return on equity of 53.21% and a negative net margin of 11.92%. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 earnings per share.
A number of brokerages have recently issued reports on DBD. Zacks Investment Research raised Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $8.25 price target on the stock in a research report on Monday, February 18th. JPMorgan Chase & Co. set a $7.00 target price on Diebold Nixdorf and gave the company a “sell” rating in a research report on Thursday, February 14th. ValuEngine raised Diebold Nixdorf from a “hold” rating to a “buy” rating in a research report on Tuesday, February 12th. Finally, DA Davidson raised Diebold Nixdorf from a “neutral” rating to a “buy” rating and set a $5.00 target price on the stock in a research report on Tuesday, January 8th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $6.56.
In other news, insider Gerrard Schmid bought 22,222 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were purchased at an average cost of $8.80 per share, with a total value of $195,553.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ellen Costello bought 2,500 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The stock was purchased at an average cost of $10.99 per share, for a total transaction of $27,475.00. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 90,322 shares of company stock worth $851,258. 0.74% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its holdings in Diebold Nixdorf by 3.1% in the fourth quarter. BlackRock Inc. now owns 11,339,245 shares of the technology company’s stock valued at $28,234,000 after purchasing an additional 345,399 shares during the last quarter. Prescott Group Capital Management L.L.C. boosted its holdings in Diebold Nixdorf by 67.2% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 5,707,679 shares of the technology company’s stock valued at $14,212,000 after purchasing an additional 2,293,288 shares during the last quarter. Sapience Investments LLC boosted its holdings in Diebold Nixdorf by 29.9% in the fourth quarter. Sapience Investments LLC now owns 5,685,835 shares of the technology company’s stock valued at $14,158,000 after purchasing an additional 1,308,540 shares during the last quarter. Kopernik Global Investors LLC boosted its holdings in Diebold Nixdorf by 39.3% in the third quarter. Kopernik Global Investors LLC now owns 3,912,048 shares of the technology company’s stock valued at $17,604,000 after purchasing an additional 1,104,586 shares during the last quarter. Finally, Smith Graham & Co. Investment Advisors LP boosted its holdings in Diebold Nixdorf by 20.8% in the fourth quarter. Smith Graham & Co. Investment Advisors LP now owns 1,928,339 shares of the technology company’s stock valued at $4,802,000 after purchasing an additional 331,890 shares during the last quarter.
Shares of DBD stock traded down $0.07 during trading hours on Wednesday, reaching $10.95. 1,795,297 shares of the company’s stock were exchanged, compared to its average volume of 2,495,900. The company has a market cap of $871.29 million, a PE ratio of -10.63, a PEG ratio of 16.86 and a beta of 2.88. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 102.95. Diebold Nixdorf has a fifty-two week low of $2.41 and a fifty-two week high of $16.40.
About Diebold Nixdorf
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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