Equities research analysts expect that Diebold Nixdorf Inc (NYSE:DBD) will announce $1.11 billion in sales for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Diebold Nixdorf’s earnings, with the lowest sales estimate coming in at $1.08 billion and the highest estimate coming in at $1.13 billion. Diebold Nixdorf reported sales of $1.12 billion in the same quarter last year, which indicates a negative year-over-year growth rate of 0.9%. The company is expected to issue its next earnings results on Wednesday, October 30th.
On average, analysts expect that Diebold Nixdorf will report full year sales of $4.50 billion for the current fiscal year. For the next year, analysts forecast that the company will report sales of $4.59 billion, with estimates ranging from $4.54 billion to $4.65 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Diebold Nixdorf.
Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings data on Thursday, July 25th. The technology company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.21. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the previous year, the company posted ($0.21) EPS. The company’s revenue was up 8.5% compared to the same quarter last year.
In other news, Director Arthur F. Anton purchased 9,615 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The shares were purchased at an average price of $10.40 per share, for a total transaction of $99,996.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Phillip R. Cox sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $14.05, for a total value of $84,300.00. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the stock. Cetera Advisor Networks LLC grew its stake in Diebold Nixdorf by 4.0% during the 2nd quarter. Cetera Advisor Networks LLC now owns 28,907 shares of the technology company’s stock worth $265,000 after buying an additional 1,121 shares during the last quarter. Commonwealth Bank of Australia lifted its position in Diebold Nixdorf by 8.8% during the 2nd quarter. Commonwealth Bank of Australia now owns 23,400 shares of the technology company’s stock worth $214,000 after acquiring an additional 1,900 shares during the period. Aperio Group LLC lifted its position in Diebold Nixdorf by 17.6% during the 2nd quarter. Aperio Group LLC now owns 29,446 shares of the technology company’s stock worth $270,000 after acquiring an additional 4,405 shares during the period. Tower Research Capital LLC TRC acquired a new stake in Diebold Nixdorf during the 2nd quarter worth approximately $50,000. Finally, Pinebridge Investments L.P. lifted its position in Diebold Nixdorf by 9.6% during the 2nd quarter. Pinebridge Investments L.P. now owns 73,073 shares of the technology company’s stock worth $669,000 after acquiring an additional 6,410 shares during the period. Hedge funds and other institutional investors own 89.40% of the company’s stock.
Shares of DBD traded up $0.15 during mid-day trading on Monday, reaching $9.52. The company’s stock had a trading volume of 658,700 shares, compared to its average volume of 1,627,545. Diebold Nixdorf has a 12-month low of $2.41 and a 12-month high of $14.66. The stock has a market cap of $722.22 million, a PE ratio of -9.24, a price-to-earnings-growth ratio of 22.85 and a beta of 2.79. The company’s 50 day moving average is $11.34 and its 200 day moving average is $10.99.
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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