Diebold Nixdorf Inc (NYSE:DBD) – Investment analysts at DA Davidson lifted their Q3 2019 earnings per share estimates for shares of Diebold Nixdorf in a report issued on Wednesday, May 1st, according to Zacks Investment Research. DA Davidson analyst M. Summerville now forecasts that the technology company will post earnings of $0.30 per share for the quarter, up from their prior estimate of $0.28. DA Davidson also issued estimates for Diebold Nixdorf’s Q3 2020 earnings at $0.36 EPS and Q4 2020 earnings at $0.75 EPS.
Several other equities analysts have also recently weighed in on the company. ValuEngine upgraded Diebold Nixdorf from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. JPMorgan Chase & Co. set a $7.00 price objective on Diebold Nixdorf and gave the company a “sell” rating in a research note on Thursday, February 14th. Finally, Zacks Investment Research upgraded Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $8.25 price objective on the stock in a research note on Monday, February 18th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Diebold Nixdorf has an average rating of “Hold” and a consensus price target of $6.56.
Shares of NYSE:DBD opened at $9.21 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.89 and a debt-to-equity ratio of 102.95. Diebold Nixdorf has a 1-year low of $2.41 and a 1-year high of $13.49. The firm has a market cap of $705.39 million, a price-to-earnings ratio of -8.94 and a beta of 2.82.
Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings data on Tuesday, April 30th. The technology company reported ($0.63) earnings per share for the quarter, missing the consensus estimate of ($0.35) by ($0.28). Diebold Nixdorf had a negative net margin of 13.37% and a negative return on equity of 53.21%. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the business posted ($0.12) earnings per share. Diebold Nixdorf’s revenue was down 3.4% on a year-over-year basis.
In other Diebold Nixdorf news, SVP Olaf Robert Heyden bought 20,000 shares of the stock in a transaction dated Thursday, May 2nd. The shares were bought at an average cost of $9.15 per share, for a total transaction of $183,000.00. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Jeffrey L. Rutherford acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The stock was purchased at an average cost of $9.12 per share, with a total value of $91,200.00. The disclosure for this purchase can be found here. Insiders have bought a total of 132,322 shares of company stock worth $1,239,298 over the last quarter. Company insiders own 0.92% of the company’s stock.
A number of institutional investors and hedge funds have recently made changes to their positions in DBD. Bank of New York Mellon Corp increased its holdings in Diebold Nixdorf by 7.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 995,862 shares of the technology company’s stock worth $4,483,000 after acquiring an additional 71,625 shares during the last quarter. BlackRock Inc. increased its holdings in Diebold Nixdorf by 4.1% in the 3rd quarter. BlackRock Inc. now owns 10,993,846 shares of the technology company’s stock worth $49,472,000 after acquiring an additional 428,621 shares during the last quarter. MetLife Investment Advisors LLC increased its holdings in Diebold Nixdorf by 55.4% in the 3rd quarter. MetLife Investment Advisors LLC now owns 55,074 shares of the technology company’s stock worth $248,000 after acquiring an additional 19,639 shares during the last quarter. Neuberger Berman Group LLC increased its holdings in Diebold Nixdorf by 27.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,633,978 shares of the technology company’s stock worth $7,356,000 after acquiring an additional 354,650 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in Diebold Nixdorf by 7.9% in the 3rd quarter. Legal & General Group Plc now owns 213,407 shares of the technology company’s stock worth $973,000 after acquiring an additional 15,713 shares during the last quarter. 88.02% of the stock is owned by 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.