$0.01 Earnings Per Share Expected for Diebold Nixdorf Inc (DBD) This Quarter
Wall Street analysts predict that Diebold Nixdorf Inc (NYSE:DBD) will announce earnings of $0.01 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Diebold Nixdorf’s earnings. The lowest EPS estimate is ($0.02) and the highest is $0.05. Diebold Nixdorf posted earnings of ($0.03) per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 133.3%. The firm is expected to announce its next earnings results on Thursday, April 27th.
According to Zacks, analysts expect that Diebold Nixdorf will report full-year earnings of $1.57 per share for the current year, with EPS estimates ranging from $1.55 to $1.59. For the next fiscal year, analysts anticipate that the business will post earnings of $2.28 per share, with EPS estimates ranging from $2.13 to $2.40. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Diebold Nixdorf.
Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings results on Tuesday, February 14th. The technology company reported $0.32 EPS for the quarter, hitting the consensus estimate of $0.32. Diebold Nixdorf had a return on equity of 14.62% and a net margin of 2.99%. The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the previous year, the firm earned $0.78 EPS. The company’s quarterly revenue was up 103.7% compared to the same quarter last year.
A number of research firms have recently issued reports on DBD. Feltl & Co. began coverage on Diebold Nixdorf in a research note on Tuesday. They issued a “buy” rating for the company. Zacks Investment Research upgraded Diebold Nixdorf from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 12th. Imperial Capital lowered Diebold Nixdorf from an “outperform” rating to an “in-line” rating and set a $30.00 price objective for the company. in a research note on Tuesday, March 7th. Credit Suisse Group AG started coverage on Diebold Nixdorf in a research note on Wednesday, February 22nd. They set an “outperform” rating and a $36.00 price objective for the company. Finally, Northcoast Research restated a “buy” rating on shares of Diebold Nixdorf in a research note on Monday, February 13th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $33.00.
Diebold Nixdorf (NYSE:DBD) traded up 0.087% on Wednesday, hitting $28.925. The stock had a trading volume of 152,222 shares. The stock’s market cap is $2.18 billion. The stock’s 50 day moving average is $29.56 and its 200 day moving average is $26.13. Diebold Nixdorf has a one year low of $21.05 and a one year high of $31.85.
Large investors have recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of Diebold Nixdorf during the fourth quarter worth $42,154,000. Russell Investments Group Ltd. acquired a new stake in shares of Diebold Nixdorf during the fourth quarter worth $30,304,000. Wells Fargo & Company MN raised its stake in shares of Diebold Nixdorf by 32.5% in the third quarter. Wells Fargo & Company MN now owns 2,905,679 shares of the technology company’s stock worth $72,033,000 after buying an additional 712,706 shares during the period. BlackRock Fund Advisors raised its stake in shares of Diebold Nixdorf by 21.9% in the third quarter. BlackRock Fund Advisors now owns 3,796,265 shares of the technology company’s stock worth $94,109,000 after buying an additional 683,197 shares during the period. Finally, Thompson Siegel & Walmsley LLC acquired a new stake in shares of Diebold Nixdorf during the fourth quarter worth $16,645,000. Hedge funds and other institutional investors own 92.17% of the company’s stock.
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About Diebold Nixdorf
Diebold Nixdorf, Incorporated provides connected commerce services, software and technology. The Company’s geographic segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). These segments sell and service financial self-service (FSS), retail solutions and security systems.
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