Diebold Nixdorf Inc (DBD) Expected to Post Quarterly Sales of $1.04 Billion

Analysts predict that Diebold Nixdorf Inc (NYSE:DBD) will report sales of $1.04 billion 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 $1.03 billion and the highest estimate coming in at $1.04 billion. Diebold Nixdorf reported sales of $1.06 billion in the same quarter last year, which indicates a negative year over year growth rate of 1.9%. The company is expected to announce its next quarterly earnings report on Wednesday, May 1st.

On average, analysts expect that Diebold Nixdorf will report full-year sales of $4.48 billion for the current year, with estimates ranging from $4.45 billion to $4.54 billion. For the next financial year, analysts expect that the firm will report sales of $4.57 billion, with estimates ranging from $4.51 billion to $4.67 billion. Zacks’ sales calculations are an average based on a survey of analysts that cover Diebold Nixdorf.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings data on Wednesday, February 13th. The technology company reported ($0.08) earnings per share for the quarter. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Diebold Nixdorf had a negative return on equity of 53.21% and a negative net margin of 11.92%. The company’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.40 earnings per share.

Several research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $8.25 price objective on the stock in a report on Monday, February 18th. DA Davidson upgraded shares of Diebold Nixdorf from a “neutral” rating to a “buy” rating and set a $5.00 price target on the stock in a report on Tuesday, January 8th. ValuEngine upgraded shares of Diebold Nixdorf from a “hold” rating to a “buy” rating in a report on Tuesday, February 12th. Finally, JPMorgan Chase & Co. set a $7.00 price target on shares of Diebold Nixdorf and gave the company a “sell” rating in a report on Thursday, February 14th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $6.56.

Shares of DBD stock traded up $0.77 during trading hours on Friday, hitting $11.07. 2,412,899 shares of the company were exchanged, compared to its average volume of 2,391,771. The firm has a market cap of $788.57 million, a P/E ratio of -10.75, a PEG ratio of 15.30 and a beta of 2.88. Diebold Nixdorf has a 1 year low of $2.41 and a 1 year high of $16.40. The company has a debt-to-equity ratio of 102.95, a current ratio of 1.40 and a quick ratio of 1.02.

In other Diebold Nixdorf news, SVP Ulrich Naher purchased 13,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 20th. The shares were purchased at an average price of $8.57 per share, for a total transaction of $111,410.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ellen Costello purchased 2,500 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The stock was acquired at an average price of $10.99 per share, for a total transaction of $27,475.00. The disclosure for this purchase can be found here. Insiders purchased 90,322 shares of company stock worth $851,258 in the last 90 days. 0.92% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Coldstream Capital Management Inc. purchased a new position in Diebold Nixdorf in the fourth quarter valued at approximately $25,000. Iberiabank Corp purchased a new stake in shares of Diebold Nixdorf during the fourth quarter valued at approximately $29,000. Public Employees Retirement System of Ohio raised its stake in shares of Diebold Nixdorf by 52.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 15,652 shares of the technology company’s stock valued at $39,000 after purchasing an additional 5,356 shares during the period. Municipal Employees Retirement System of Michigan purchased a new stake in shares of Diebold Nixdorf during the fourth quarter valued at approximately $53,000. Finally, Virtu Financial LLC purchased a new stake in shares of Diebold Nixdorf during the third quarter valued at approximately $108,000.

About Diebold Nixdorf

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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