Zacks: Brokerages Expect Diebold Nixdorf Inc (DBD) Will Announce Earnings of $0.01 Per Share

Brokerages expect Diebold Nixdorf Inc (NYSE:DBD) to announce $0.01 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Diebold Nixdorf’s earnings. The lowest EPS estimate is ($0.04) and the highest is $0.06. Diebold Nixdorf reported earnings per share of $0.08 in the same quarter last year, which suggests a negative year over year growth rate of 87.5%. The company is expected to report its next quarterly earnings report on Wednesday, July 18th.

According to Zacks, analysts expect that Diebold Nixdorf will report full year earnings of $1.02 per share for the current fiscal year, with EPS estimates ranging from $0.95 to $1.05. For the next year, analysts forecast that the company will report earnings of $1.46 per share, with EPS estimates ranging from $1.40 to $1.60. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Diebold Nixdorf.

Diebold Nixdorf (NYSE:DBD) last posted its earnings results on Wednesday, May 2nd. The technology company reported ($0.12) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.13). The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.08 billion. Diebold Nixdorf had a positive return on equity of 12.89% and a negative net margin of 5.36%. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.08 earnings per share.



DBD has been the topic of several recent analyst reports. Zacks Investment Research cut Diebold Nixdorf from a “hold” rating to a “sell” rating in a research note on Monday, January 29th. JPMorgan Chase & Co. cut their target price on Diebold Nixdorf from $21.00 to $19.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 14th. ValuEngine raised Diebold Nixdorf from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Lake Street Capital raised Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research note on Tuesday, February 13th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $19.00 target price (down from $25.00) on shares of Diebold Nixdorf in a research note on Wednesday, February 14th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $19.80.

In other news, CFO Christopher A. Chapman acquired 3,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were acquired 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 accessible through this link. Also, Director Patrick W. Allender acquired 25,000 shares of the business’s stock in a transaction on Monday, May 7th. The shares were purchased at an average cost of $11.87 per share, for a total transaction of $296,750.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 49,300 shares of company stock worth $596,110. Insiders own 0.74% of the company’s stock.

A number of institutional investors have recently bought and sold shares of DBD. Kovack Advisors Inc. purchased a new position in shares of Diebold Nixdorf during the fourth quarter valued at approximately $457,000. Kopernik Global Investors LLC lifted its holdings in shares of Diebold Nixdorf by 7,449.2% during the fourth quarter. Kopernik Global Investors LLC now owns 1,544,862 shares of the technology company’s stock valued at $25,259,000 after purchasing an additional 1,524,398 shares during the last quarter. BB&T Corp lifted its holdings in shares of Diebold Nixdorf by 12.2% during the fourth quarter. BB&T Corp now owns 130,756 shares of the technology company’s stock valued at $2,138,000 after purchasing an additional 14,196 shares during the last quarter. Pzena Investment Management LLC lifted its holdings in shares of Diebold Nixdorf by 32.0% during the fourth quarter. Pzena Investment Management LLC now owns 2,440,289 shares of the technology company’s stock valued at $39,899,000 after purchasing an additional 591,091 shares during the last quarter. Finally, OppenheimerFunds Inc. lifted its holdings in shares of Diebold Nixdorf by 39.8% during the fourth quarter. OppenheimerFunds Inc. now owns 80,501 shares of the technology company’s stock valued at $1,316,000 after purchasing an additional 22,933 shares during the last quarter.

Diebold Nixdorf opened at $11.85 on Thursday, according to MarketBeat.com. The company has a current ratio of 1.31, a quick ratio of 0.86 and a debt-to-equity ratio of 3.70. The stock has a market capitalization of $900.10 million, a P/E ratio of 10.49, a price-to-earnings-growth ratio of 3.87 and a beta of 2.06. Diebold Nixdorf has a 1 year low of $11.43 and a 1 year high of $28.50.

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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Earnings History and Estimates for Diebold Nixdorf (NYSE:DBD)

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