Diebold Incorporated Now Covered by Imperial Capital (DBD)
Research analysts at Imperial Capital began coverage on shares of Diebold Incorporated (NYSE: DBD) in a report released on Wednesday, TheFlyOnTheWall.com reports. The firm set an “in-line” rating and a $33.00 price target on the stock.
Shares of Diebold Incorporated (NYSE: DBD) traded up 1.87% during mid-day trading on Wednesday, hitting $29.98. Diebold Incorporated has a one year low of $28.45 and a one year high of $29.65. The stock’s 50-day moving average is currently $28.9. The company has a market cap of $1.896 billion and a P/E ratio of 23.91.
Diebold Incorporated (NYSE: DBD) last released its earnings data on Tuesday, February 12th. The company reported $0.45 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.48 by $0.03. The company had revenue of $840.10 million for the quarter, compared to the consensus estimate of $845.61 million. During the same quarter in the prior year, the company posted $1.40 earnings per share. The company’s quarterly revenue was down 1.2% on a year-over-year basis. Analysts expect that Diebold Incorporated will post $1.94 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at TheStreet downgraded shares of Diebold Incorporated from a “buy” rating to a “hold” rating in a research note to investors on Thursday, February 14th. Separately, analysts at Zacks downgraded shares of Diebold Incorporated from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, January 29th. They now have a $28.30 price target on the stock. Finally, analysts at Compass Point cut their price target on shares of Diebold Incorporated from $33.00 to $30.00 in a research note to investors on Thursday, January 24th. They now have a “neutral” rating on the stock.
Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $30.88.
Diebold, Incorporated is engaged in providing integrated self-service delivery and security systems and services to primarily the financial, commercial, government and retail markets.