Diebold Inc. (DBD) Updates FY14 Earnings Guidance
Diebold Inc. (NYSE:DBD) issued an update on its FY14 earnings guidance on Thursday morning. The company provided earnings per share guidance of $1.65-1.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.79, AnalystRatings.Net reports.
Diebold Inc. (NYSE:DBD) traded up 8.47% during mid-day trading on Thursday, hitting $35.98. 1,635,093 shares of the company’s stock traded hands. Diebold Inc. has a one year low of $27.59 and a one year high of $35.96. The stock’s 50-day moving average is $33.50 and its 200-day moving average is $31.37. The company’s market cap is $2.297 billion.
Diebold (NYSE:DBD) last released its earnings data on Thursday, February 13th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.02. The company had revenue of $811.44 million for the quarter, compared to the consensus estimate of $796.71 million. During the same quarter in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. Analysts expect that Diebold Inc. will post $1.37 EPS for the current fiscal year.
The company also recently declared a dividend, which is scheduled for Thursday, March 6th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.2875 per share. The ex-dividend date of this dividend is Tuesday, February 18th.
A number of research firms have recently commented on DBD. Analysts at Susquehanna raised their price target on shares of Diebold from $27.00 to $30.00 in a research note on Thursday. On a related note, analysts at Zacks downgraded shares of Diebold from an outperform rating to a neutral rating in a research note on Tuesday, February 4th. They now have a $38.30 price target on the stock. Finally, analysts at Imperial Capital raised their price target on shares of Diebold from $33.00 to $35.00 in a research note on Friday, January 17th. They now have an in-line rating on the stock. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. Diebold presently has a consensus rating of Hold and a consensus price target of $31.38.
Diebold, Incorporated is engaged in providing integrated self-service delivery and security systems and services to the financial, commercial, government and retail markets.
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