$0.26 EPS Expected for Diebold Nixdorf Inc (NYSE:DBD) This Quarter

Wall Street analysts expect Diebold Nixdorf Inc (NYSE:DBD) to report earnings per share of $0.26 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Diebold Nixdorf’s earnings. The lowest EPS estimate is $0.21 and the highest is $0.30. Diebold Nixdorf reported earnings per share of ($0.61) in the same quarter last year, which would suggest a positive year over year growth rate of 142.6%. The firm is expected to report its next earnings report on Wednesday, October 30th.

According to Zacks, analysts expect that Diebold Nixdorf will report full year earnings of $0.14 per share for the current financial year, with EPS estimates ranging from $0.04 to $0.19. For the next financial year, analysts anticipate that the company will report earnings of $0.99 per share, with EPS estimates ranging from $0.90 to $1.10. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that cover Diebold Nixdorf.

Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Thursday, July 25th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.21. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Diebold Nixdorf had a negative return on equity of 53.21% and a negative net margin of 11.32%. The business’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.21) EPS.

A number of analysts have weighed in on the company. Zacks Investment Research raised Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research report on Tuesday, July 23rd. DA Davidson set a $17.00 price target on Diebold Nixdorf and gave the company a “buy” rating in a report on Friday, July 26th. Finally, ValuEngine raised Diebold Nixdorf from a “buy” rating to a “strong-buy” rating in a report on Friday, July 26th.

Diebold Nixdorf stock traded down $0.25 during mid-day trading on Friday, reaching $13.34. 997,956 shares of the company were exchanged, compared to its average volume of 1,339,959. Diebold Nixdorf has a twelve month low of $2.41 and a twelve month high of $14.66. The stock has a 50-day moving average price of $10.09. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of -12.95, a PEG ratio of 33.56 and a beta of 2.71.

In other news, Director Gary G. Greenfield acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 28th. The stock was purchased at an average cost of $9.44 per share, with a total value of $47,200.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Phillip R. Cox sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The shares were 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. 0.92% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Two Sigma Advisers LP purchased a new position in Diebold Nixdorf during the fourth quarter worth $67,000. Legal & General Group Plc increased its position in Diebold Nixdorf by 3.5% during the fourth quarter. Legal & General Group Plc now owns 220,853 shares of the technology company’s stock worth $551,000 after buying an additional 7,446 shares in the last quarter. Investors Research Corp purchased a new position in Diebold Nixdorf during the first quarter worth $106,000. Cetera Advisor Networks LLC increased its position in Diebold Nixdorf by 4.9% during the first quarter. Cetera Advisor Networks LLC now owns 27,786 shares of the technology company’s stock worth $306,000 after buying an additional 1,298 shares in the last quarter. Finally, Gamco Investors INC. ET AL increased its position in Diebold Nixdorf by 1.3% during the first quarter. Gamco Investors INC. ET AL now owns 5,838,036 shares of the technology company’s stock worth $64,627,000 after buying an additional 76,873 shares in the last quarter. 87.90% of the stock is owned by hedge funds and other institutional investors.

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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