Diebold Nixdorf (NYSE:DBD) Releases Earnings Results, Beats Expectations By $0.37 EPS

Diebold Nixdorf (NYSE:DBD) issued its earnings results on Thursday. The technology company reported $0.38 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.37, MarketWatch Earnings reports. Diebold Nixdorf had a negative return on equity of 5.88% and a negative net margin of 6.82%. The business had revenue of $890.50 million for the quarter, compared to analysts’ expectations of $848.84 million. Diebold Nixdorf updated its FY 2020
Pre-Market guidance to EPS.

NYSE DBD traded down $0.52 during trading on Friday, reaching $6.97. 1,624,582 shares of the company’s stock were exchanged, compared to its average volume of 1,077,937. Diebold Nixdorf has a fifty-two week low of $2.80 and a fifty-two week high of $14.66. The company’s fifty day simple moving average is $5.97 and its 200-day simple moving average is $6.41. The firm has a market capitalization of $541.15 million, a PE ratio of -1.95 and a beta of 3.17.

In related news, Director Bruce H. Besanko purchased 20,555 shares of the stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $4.60 per share, for a total transaction of $94,553.00. Also, Director Gary G. Greenfield purchased 19,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was bought at an average cost of $4.76 per share, for a total transaction of $90,440.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 42,255 shares of company stock worth $200,194. Company insiders own 0.92% of the company’s stock.

A number of equities analysts recently weighed in on DBD shares. ValuEngine raised Diebold Nixdorf from a “hold” rating to a “buy” rating in a research note on Tuesday. Zacks Investment Research upgraded shares of Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a report on Friday. Finally, JPMorgan Chase & Co. upgraded shares of Diebold Nixdorf from an “underweight” rating to a “neutral” rating and boosted their price target for the company from $6.00 to $7.00 in a report on Monday, May 11th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Diebold Nixdorf presently has an average rating of “Buy” and an average target price of $12.88.

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 for Diebold Nixdorf (NYSE:DBD)

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