Diebold Nixdorf Inc (NYSE:DBD) – Equities researchers at KeyCorp cut their Q3 2018 EPS estimates for shares of Diebold Nixdorf in a research note issued to investors on Monday, October 15th. KeyCorp analyst J. Beck now forecasts that the technology company will earn ($0.12) per share for the quarter, down from their previous forecast of ($0.02). KeyCorp also issued estimates for Diebold Nixdorf’s Q4 2018 earnings at $0.24 EPS, FY2018 earnings at ($0.21) EPS, Q1 2019 earnings at ($0.44) EPS, Q2 2019 earnings at ($0.25) EPS, Q3 2019 earnings at $0.05 EPS, Q4 2019 earnings at $0.51 EPS and FY2019 earnings at ($0.12) EPS.

Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings results on Wednesday, August 1st. The technology company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.10 billion. Diebold Nixdorf had a negative net margin of 7.77% and a positive return on equity of 10.58%. The business’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.08 earnings per share.

A number of other brokerages have also issued reports on DBD. TheStreet lowered Diebold Nixdorf from a “c-” rating to a “d+” rating in a research note on Thursday, July 5th. Zacks Investment Research raised Diebold Nixdorf from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 3rd. Northcoast Research lowered Diebold Nixdorf from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 25th. Credit Suisse Group decreased their price target on Diebold Nixdorf from $15.00 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, August 2nd. Finally, JPMorgan Chase & Co. lowered Diebold Nixdorf from a “neutral” rating to an “underweight” rating and set a $7.00 price objective for the company. in a research note on Monday, August 6th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $12.50.

Shares of NYSE DBD opened at $4.12 on Thursday. The company has a debt-to-equity ratio of 6.96, a current ratio of 1.39 and a quick ratio of 0.89. The firm has a market cap of $308.94 million, a price-to-earnings ratio of 3.65 and a beta of 1.72. Diebold Nixdorf has a 1 year low of $3.55 and a 1 year high of $22.00.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. NJ State Employees Deferred Compensation Plan bought a new stake in shares of Diebold Nixdorf during the 3rd quarter worth $243,000. First Manhattan Co. bought a new stake in shares of Diebold Nixdorf during the 3rd quarter worth $618,000. Horrell Capital Management Inc. boosted its stake in shares of Diebold Nixdorf by 16.4% during the 3rd quarter. Horrell Capital Management Inc. now owns 320,000 shares of the technology company’s stock worth $1,440,000 after acquiring an additional 45,000 shares in the last quarter. Sapience Investments LLC boosted its stake in shares of Diebold Nixdorf by 56.5% during the 2nd quarter. Sapience Investments LLC now owns 1,328,104 shares of the technology company’s stock worth $15,871,000 after acquiring an additional 479,259 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in shares of Diebold Nixdorf by 8.7% during the 2nd quarter. Raymond James & Associates now owns 413,977 shares of the technology company’s stock worth $4,947,000 after acquiring an additional 32,994 shares in the last quarter.

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 in three segments: Services, Software, and Systems. The Services segment provides product-related services, such as first and second line maintenance, preventive maintenance, and on-demand services; and managed and outsourcing services, including store lifecycle management, self-service fleet management, branch lifecycle management, automated teller machine (ATM) as-a-service, and managed mobility services, as well as cash management services.

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Earnings History and Estimates for Diebold Nixdorf (NYSE:DBD)

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