$0.24 Earnings Per Share Expected for Diebold Nixdorf Inc (NYSE:DBD) This Quarter

Wall Street brokerages predict that Diebold Nixdorf Inc (NYSE:DBD) will report $0.24 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Diebold Nixdorf’s earnings, with the lowest EPS estimate coming in at $0.21 and the highest estimate coming in at $0.29. Diebold Nixdorf reported earnings per share of ($0.61) in the same quarter last year, which would suggest a positive year over year growth rate of 139.3%. The business is scheduled to report its next quarterly earnings results on Wednesday, October 30th.

On average, analysts expect that Diebold Nixdorf will report full year earnings of $0.14 per share for the current year, with EPS estimates ranging from $0.04 to $0.19. For the next year, analysts forecast that the firm will post earnings of $0.95 per share, with EPS estimates ranging from $0.90 to $0.98. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Diebold Nixdorf.

Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings results on Thursday, July 25th. The technology company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.15) by $0.21. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.06 billion. Diebold Nixdorf had a negative net margin of 11.32% and a negative return on equity of 53.21%. The business’s revenue was up 8.5% compared to the same quarter last year. During the same period last year, the firm posted ($0.21) earnings per share.



Several research firms have commented on DBD. Zacks Investment Research raised shares of Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a research note on Tuesday, July 23rd. DA Davidson set a $17.00 price target on shares of Diebold Nixdorf and gave the stock a “buy” rating in a research note on Friday, July 26th. ValuEngine downgraded shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Friday, August 23rd. Finally, Sidoti began coverage on shares of Diebold Nixdorf in a research note on Tuesday, September 17th. They set a “buy” rating and a $19.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $13.50.

In related news, Director Phillip R. Cox sold 6,000 shares of Diebold Nixdorf stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $14.05, for a total value of $84,300.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Arthur F. Anton bought 9,615 shares of the firm’s stock in a transaction that occurred on Wednesday, August 28th. The stock was purchased at an average cost of $10.40 per share, for a total transaction of $99,996.00. The disclosure for this purchase can be found here. Company insiders own 0.92% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of DBD. Neuberger Berman Group LLC increased its stake in shares of Diebold Nixdorf by 43.3% in the first quarter. Neuberger Berman Group LLC now owns 2,141,146 shares of the technology company’s stock worth $23,680,000 after buying an additional 647,099 shares during the period. Prudential Financial Inc. increased its stake in shares of Diebold Nixdorf by 34.2% in the second quarter. Prudential Financial Inc. now owns 2,476,405 shares of the technology company’s stock worth $22,684,000 after buying an additional 630,472 shares during the period. MUFG Securities EMEA plc purchased a new position in shares of Diebold Nixdorf in the second quarter worth $5,255,000. Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of Diebold Nixdorf in the second quarter worth $3,885,000. Finally, Ancora Advisors LLC increased its stake in shares of Diebold Nixdorf by 19.6% in the second quarter. Ancora Advisors LLC now owns 2,423,701 shares of the technology company’s stock worth $22,201,000 after buying an additional 397,705 shares during the period. 89.33% of the stock is currently owned by institutional investors.

Shares of DBD stock traded down $0.45 during trading hours on Thursday, hitting $11.87. 870,403 shares of the company’s stock were exchanged, compared to its average volume of 1,669,611. The company has a market capitalization of $945.51 million, a PE ratio of -11.52, a PEG ratio of 30.05 and a beta of 2.80. Diebold Nixdorf has a 12-month low of $2.41 and a 12-month high of $14.66. The business’s 50 day simple moving average is $12.57 and its 200-day simple moving average is $11.03.

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 through two segments, Banking and Retail. The Banking segment offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.

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

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