Diebold Nixdorf (DBD) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Diebold Nixdorf (NYSE:DBD) announced its quarterly earnings data on Tuesday. The technology company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.05, Bloomberg Earnings reports. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.24 billion. Diebold Nixdorf had a negative net margin of 5.06% and a positive return on equity of 14.90%. Diebold Nixdorf’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the company posted $0.32 earnings per share. Diebold Nixdorf updated its FY18 guidance to $1-1.30 EPS.

Shares of Diebold Nixdorf (NYSE DBD) opened at $15.50 on Thursday. Diebold Nixdorf has a 52 week low of $12.90 and a 52 week high of $31.85. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.01 and a current ratio of 1.39. The firm has a market cap of $1,080.14, a price-to-earnings ratio of -5.02, a price-to-earnings-growth ratio of 3.85 and a beta of 2.07.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Monday, February 26th will be paid a dividend of $0.10 per share. The ex-dividend date is Friday, February 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 2.58%. Diebold Nixdorf’s dividend payout ratio is currently -12.94%.

DBD has been the topic of several research analyst reports. Zacks Investment Research downgraded shares of Diebold Nixdorf from a “hold” rating to a “sell” rating in a research note on Monday, January 29th. JPMorgan Chase & Co. set a $21.00 price objective on shares of Diebold Nixdorf and gave the stock a “buy” rating in a research note on Monday. KeyCorp restated a “hold” rating on shares of Diebold Nixdorf in a research note on Friday, October 20th. DA Davidson initiated coverage on shares of Diebold Nixdorf in a research note on Wednesday, February 7th. They set a “neutral” rating and a $19.00 price target on the stock. Finally, Lake Street Capital downgraded shares of Diebold Nixdorf from a “buy” rating to a “hold” rating and decreased their price target for the stock from $30.00 to $23.00 in a research note on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $20.80.

In other Diebold Nixdorf news, Director Gale S. Fitzgerald purchased 4,000 shares of the firm’s stock in a transaction on Friday, December 15th. The shares were purchased at an average price of $16.74 per share, for a total transaction of $66,960.00. Following the completion of the purchase, the director now directly owns 51,603 shares of the company’s stock, valued at $863,834.22. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.37% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. LPL Financial LLC boosted its stake in Diebold Nixdorf by 364.3% during the fourth quarter. LPL Financial LLC now owns 55,107 shares of the technology company’s stock worth $901,000 after buying an additional 43,239 shares in the last quarter. Millennium Management LLC acquired a new stake in Diebold Nixdorf during the fourth quarter worth $1,481,000. Two Sigma Securities LLC acquired a new stake in Diebold Nixdorf during the fourth quarter worth $211,000. Sapience Investments LLC lifted its holdings in shares of Diebold Nixdorf by 36.2% during the fourth quarter. Sapience Investments LLC now owns 843,495 shares of the technology company’s stock valued at $13,791,000 after acquiring an additional 224,110 shares during the period. Finally, Deutsche Bank AG lifted its holdings in shares of Diebold Nixdorf by 6.3% during the fourth quarter. Deutsche Bank AG now owns 223,635 shares of the technology company’s stock valued at $3,655,000 after acquiring an additional 13,244 shares during the period.

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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.

Earnings History for Diebold Nixdorf (NYSE:DBD)

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