KeyCorp Analysts Decrease Earnings Estimates for Diebold Nixdorf Inc (DBD)

Diebold Nixdorf Inc (NYSE:DBD) – KeyCorp lowered their Q2 2018 earnings per share estimates for shares of Diebold Nixdorf in a research report issued on Tuesday. KeyCorp analyst J. Beck now forecasts that the technology company will post earnings per share of $0.14 for the quarter, down from their previous estimate of $0.17. KeyCorp currently has a “Hold” rating on the stock. KeyCorp also issued estimates for Diebold Nixdorf’s Q1 2019 earnings at $0.11 EPS, Q2 2019 earnings at $0.28 EPS, Q3 2019 earnings at $0.49 EPS and Q4 2019 earnings at $0.80 EPS.

Diebold Nixdorf (NYSE:DBD) last issued its earnings results on Tuesday, February 13th. The technology company reported $0.40 EPS for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.05. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Diebold Nixdorf had a negative net margin of 5.06% and a positive return on equity of 14.90%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.32 earnings per share.

DBD has been the subject of several other reports. JPMorgan Chase & Co. set a $21.00 price objective on shares of Diebold Nixdorf and gave the stock a “buy” rating in a research report on Monday. DA Davidson initiated coverage on shares of Diebold Nixdorf in a research report on Wednesday, February 7th. They set a “neutral” rating and a $19.00 price objective for the company. Zacks Investment Research upgraded shares of Diebold Nixdorf from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Lake Street Capital cut shares of Diebold Nixdorf from a “buy” rating to a “hold” rating and cut their price objective for the stock from $30.00 to $23.00 in a research report on Tuesday, October 31st. Finally, Imperial Capital reaffirmed a “hold” rating on shares of Diebold Nixdorf in a research note on Wednesday, December 13th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $20.80.

Shares of Diebold Nixdorf (DBD) opened at $15.50 on Thursday. Diebold Nixdorf has a 12-month low of $12.90 and a 12-month high of $31.85. The stock has a market cap of $1,080.14, a PE ratio of -5.02, a P/E/G ratio of 3.85 and a beta of 2.07. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.01 and a current ratio of 1.39.

Hedge funds have recently made changes to their positions in the business. Neuberger Berman Group LLC boosted its stake in Diebold Nixdorf by 1,648.3% during the third quarter. Neuberger Berman Group LLC now owns 655,605 shares of the technology company’s stock worth $14,981,000 after buying an additional 618,105 shares during the period. BBR Partners LLC purchased a new position in shares of Diebold Nixdorf in the third quarter valued at approximately $256,000. Atlantic Investment Management Inc. boosted its stake in shares of Diebold Nixdorf by 8.0% in the third quarter. Atlantic Investment Management Inc. now owns 6,481,819 shares of the technology company’s stock valued at $148,110,000 after purchasing an additional 481,819 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in shares of Diebold Nixdorf by 11.5% in the third quarter. Schwab Charles Investment Management Inc. now owns 553,736 shares of the technology company’s stock valued at $12,653,000 after purchasing an additional 56,957 shares during the period. Finally, Pzena Investment Management LLC purchased a new position in shares of Diebold Nixdorf in the third quarter valued at approximately $42,254,000.

In related news, Director Gale S. Fitzgerald bought 4,000 shares of the stock in a transaction on Friday, December 15th. The stock was bought at an average price of $16.74 per share, with a total value of $66,960.00. Following the completion of the purchase, the director now directly owns 51,603 shares in the company, valued at approximately $863,834.22. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.37% of the company’s stock.

The business also recently announced 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. This represents a $0.40 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend is Friday, February 23rd. Diebold Nixdorf’s dividend payout ratio (DPR) is presently -12.94%.

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Diebold Nixdorf Company Profile

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 and Estimates for Diebold Nixdorf (NYSE:DBD)

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