Diebold Nixdorf Inc (DBD) Expected to Post Earnings of -$0.36 Per Share

Wall Street brokerages forecast that Diebold Nixdorf Inc (NYSE:DBD) will report earnings per share of ($0.36) for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Diebold Nixdorf’s earnings. The highest EPS estimate is ($0.24) and the lowest is ($0.48). Diebold Nixdorf posted earnings per share of ($0.12) in the same quarter last year, which would indicate a negative year over year growth rate of 200%. The company is scheduled to report its next quarterly earnings report 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 financial year, analysts forecast that the business will post earnings of $0.83 per share, with EPS estimates ranging from $0.51 to $1.00. Zacks’ EPS calculations are an average based on a survey of research firms that follow Diebold Nixdorf.

Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings results on Wednesday, February 13th. The technology company reported ($0.08) EPS for the quarter. The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.22 billion. Diebold Nixdorf had a negative net margin of 11.92% and a negative return on equity of 53.21%. The company’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 earned $0.40 EPS.

Several research analysts have recently issued reports on the company. Zacks Investment Research raised Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $8.25 target price for the company in a research report on Monday, February 18th. JPMorgan Chase & Co. set a $7.00 target price on Diebold Nixdorf and gave the stock 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 for the company in a research report on Tuesday, January 8th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $6.56.

DBD traded down $0.62 during midday trading on Wednesday, reaching $10.13. 67,255 shares of the company’s stock traded hands, compared to its average volume of 2,459,511. The firm has a market capitalization of $823.02 million, a price-to-earnings ratio of -9.73, a PEG ratio of 15.93 and a beta of 2.88. The company has a debt-to-equity ratio of 102.95, a current ratio of 1.40 and a quick ratio of 1.02. Diebold Nixdorf has a 52 week low of $2.41 and a 52 week high of $16.40.

In related news, Director Ellen Costello purchased 2,500 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were bought at an average price of $10.11 per share, for a total transaction of $25,275.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Ulrich Naher purchased 13,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 20th. The stock was bought at an average price of $8.57 per share, for a total transaction of $111,410.00. The disclosure for this purchase can be found here. Insiders bought a total of 90,322 shares of company stock valued at $851,258 in the last three months. Corporate insiders own 0.92% of the company’s stock.

Several institutional investors have recently bought and sold shares of the stock. BlackRock Inc. grew its stake in shares of Diebold Nixdorf by 3.1% in the 4th quarter. BlackRock Inc. now owns 11,339,245 shares of the technology company’s stock worth $28,234,000 after buying an additional 345,399 shares during the last quarter. Prescott Group Capital Management L.L.C. grew its stake in shares of Diebold Nixdorf by 67.2% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 5,707,679 shares of the technology company’s stock worth $14,212,000 after buying an additional 2,293,288 shares during the last quarter. Sapience Investments LLC grew its stake in shares of Diebold Nixdorf by 29.9% in the 4th quarter. Sapience Investments LLC now owns 5,685,835 shares of the technology company’s stock worth $14,158,000 after buying an additional 1,308,540 shares during the last quarter. Kopernik Global Investors LLC grew its stake in shares of Diebold Nixdorf by 39.3% in the 3rd quarter. Kopernik Global Investors LLC now owns 3,912,048 shares of the technology company’s stock worth $17,604,000 after buying an additional 1,104,586 shares during the last quarter. Finally, Smith Graham & Co. Investment Advisors LP grew its stake in shares of Diebold Nixdorf by 20.8% in the 4th quarter. Smith Graham & Co. Investment Advisors LP now owns 1,928,339 shares of the technology company’s stock worth $4,802,000 after buying an additional 331,890 shares during the last quarter.

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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