Equities analysts forecast that Diebold Nixdorf Inc (NYSE:DBD) will announce sales of $1.06 billion for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Diebold Nixdorf’s earnings, with estimates ranging from $1.04 billion to $1.07 billion. Diebold Nixdorf posted sales of $1.11 billion during the same quarter last year, which would suggest a negative year over year growth rate of 4.5%. The firm is scheduled to announce its next quarterly earnings report before the market opens on Thursday, July 25th.
On average, analysts expect that Diebold Nixdorf will report full-year sales of $4.46 billion for the current fiscal year, with estimates ranging from $4.41 billion to $4.51 billion. For the next financial year, analysts anticipate that the business will report sales of $4.54 billion, with estimates ranging from $4.44 billion to $4.65 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that that provide coverage for Diebold Nixdorf.
Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings results on Tuesday, April 30th. The technology company reported ($0.63) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.35) by ($0.28). The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Diebold Nixdorf had a negative net margin of 13.37% and a negative return on equity of 53.21%. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.12) earnings per share.
DBD stock traded up $0.17 during trading hours on Monday, hitting $9.67. 928,643 shares of the stock were exchanged, compared to its average volume of 775,730. The firm has a market cap of $727.63 million, a price-to-earnings ratio of -9.39 and a beta of 2.69. The firm has a 50-day moving average price of $9.15. Diebold Nixdorf has a 12 month low of $2.41 and a 12 month high of $13.49.
In other Diebold Nixdorf news, Director Gary G. Greenfield acquired 5,000 shares of Diebold Nixdorf stock in a transaction that occurred on Thursday, June 13th. The shares were acquired at an average cost of $9.13 per share, with a total value of $45,650.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Olaf Robert Heyden acquired 20,000 shares of Diebold Nixdorf stock in a transaction that occurred on Thursday, May 2nd. The stock was acquired at an average cost of $9.15 per share, for a total transaction of $183,000.00. The disclosure for this purchase can be found here. Insiders purchased 65,000 shares of company stock worth $592,300 in the last 90 days. 0.92% of the stock is owned by company insiders.
A number of large investors have recently added to or reduced their stakes in DBD. Ancora Advisors LLC boosted its stake in Diebold Nixdorf by 68,732.2% in the fourth quarter. Ancora Advisors LLC now owns 757,154 shares of the technology company’s stock valued at $1,885,000 after buying an additional 756,054 shares in the last quarter. Neuberger Berman Group LLC boosted its stake in 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 valued at $23,680,000 after buying an additional 647,099 shares in the last quarter. Great Lakes Advisors LLC acquired a new stake in Diebold Nixdorf in the first quarter valued at about $5,014,000. BlackRock Inc. boosted its stake 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 buying an additional 345,399 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in Diebold Nixdorf by 326.6% in the fourth quarter. Hsbc Holdings PLC now owns 207,109 shares of the technology company’s stock valued at $515,000 after buying an additional 158,565 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.
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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