Analysts expect Diebold, Incorporated (NYSE:DBD) to post $0.08 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Diebold,’s earnings. The highest EPS estimate is $0.11 and the lowest is $0.03. Diebold, reported earnings of $0.34 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 76.5%. The company is expected to announce its next quarterly earnings results on Tuesday, November 21st.
On average, analysts expect that Diebold, will report full-year earnings of $0.92 per share for the current year, with EPS estimates ranging from $0.76 to $1.05. For the next fiscal year, analysts anticipate that the business will post earnings of $1.72 per share, with EPS estimates ranging from $1.50 to $2.07. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow Diebold,.
Diebold, (NYSE:DBD) last announced its earnings results on Wednesday, July 19th. The technology company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.02. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.10 billion. Diebold, had a negative net margin of 6.04% and a positive return on equity of 7.25%. Diebold,’s revenue was up 95.5% compared to the same quarter last year. During the same period last year, the firm earned $0.43 earnings per share.
Several equities analysts have weighed in on DBD shares. Feltl & Co. started coverage on shares of Diebold, in a report on Tuesday, April 18th. They set a “buy” rating for the company. Zacks Investment Research downgraded shares of Diebold, from a “hold” rating to a “sell” rating in a report on Monday, May 8th. Lake Street Capital started coverage on shares of Diebold, in a report on Monday, June 19th. They set a “buy” rating and a $38.00 target price for the company. BidaskClub downgraded shares of Diebold, from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Finally, J P Morgan Chase & Co downgraded shares of Diebold, from an “overweight” rating to a “neutral” rating and set a $31.00 target price for the company. in a report on Tuesday, August 8th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. Diebold, has a consensus rating of “Hold” and an average target price of $30.60.
Shares of Diebold, (DBD) traded up 0.74% during midday trading on Friday, reaching $20.55. 1,197,825 shares of the company’s stock traded hands. Diebold, has a 1-year low of $19.85 and a 1-year high of $31.85. The firm’s 50-day moving average price is $22.96 and its 200 day moving average price is $26.97. The stock’s market capitalization is $1.55 billion.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $0.40 annualized dividend and a dividend yield of 1.95%. Diebold,’s dividend payout ratio is currently -10.90%.
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In other news, SVP Olaf Robert Heyden purchased 2,000 shares of the firm’s stock in a transaction on Wednesday, July 26th. The shares were bought at an average cost of $23.28 per share, with a total value of $46,560.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have acquired a total of 8,000 shares of company stock worth $179,440 over the last ninety days. 1.37% of the stock is owned by corporate insiders.
Large investors have recently added to or reduced their stakes in the company. Elkfork Partners LLC boosted its stake in Diebold, by 19.8% in the first quarter. Elkfork Partners LLC now owns 3,322 shares of the technology company’s stock valued at $102,000 after buying an additional 550 shares in the last quarter. Meadow Creek Investment Management LLC boosted its stake in Diebold, by 19.8% in the first quarter. Meadow Creek Investment Management LLC now owns 4,228 shares of the technology company’s stock valued at $130,000 after buying an additional 700 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Diebold, by 111.6% in the first quarter. Tower Research Capital LLC TRC now owns 4,510 shares of the technology company’s stock valued at $138,000 after buying an additional 2,379 shares in the last quarter. Creative Planning boosted its stake in Diebold, by 2.3% in the second quarter. Creative Planning now owns 5,119 shares of the technology company’s stock valued at $143,000 after buying an additional 116 shares in the last quarter. Finally, Ledyard National Bank purchased a new stake in Diebold, during the first quarter valued at about $152,000.
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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