$1.25 Billion in Sales Expected for Diebold Nixdorf Inc (DBD) This Quarter

Wall Street brokerages expect Diebold Nixdorf Inc (NYSE:DBD) to report sales of $1.25 billion for the current quarter, Zacks reports. Four analysts have provided estimates for Diebold Nixdorf’s earnings, with estimates ranging from $1.21 billion to $1.34 billion. Diebold Nixdorf posted sales of $1.24 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 0.8%. The firm is scheduled to issue its next quarterly earnings results before the market opens on Tuesday, February 13th.

On average, analysts expect that Diebold Nixdorf will report full-year sales of $1.25 billion for the current year, with estimates ranging from $4.60 billion to $4.61 billion. For the next financial year, analysts expect that the company will post sales of $4.72 billion per share, with estimates ranging from $4.60 billion to $4.96 billion. Zacks’ sales averages are an average based on a survey of research firms that cover Diebold Nixdorf.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Tuesday, October 31st. The technology company reported $0.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.40. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.17 billion. Diebold Nixdorf had a positive return on equity of 11.39% and a negative net margin of 4.40%. The firm’s revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.34 EPS.

Several brokerages have recently issued reports on DBD. Imperial Capital reiterated a “hold” rating on shares of Diebold Nixdorf in a report on Wednesday, December 13th. Lake Street Capital lowered Diebold Nixdorf from a “buy” rating to a “hold” rating and reduced their target price for the stock from $30.00 to $23.00 in a report on Tuesday, October 31st. JPMorgan Chase & Co. upgraded Diebold Nixdorf from a “neutral” rating to an “overweight” rating in a report on Friday, November 24th. Zacks Investment Research lowered Diebold Nixdorf from a “hold” rating to a “strong sell” rating in a report on Thursday, October 19th. Finally, DA Davidson began coverage on Diebold Nixdorf in a report on Wednesday, February 7th. They issued a “neutral” rating and a $19.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $24.60.

Shares of Diebold Nixdorf (NYSE:DBD) opened at $14.55 on Tuesday. The stock has a market capitalization of $1,110.35, a PE ratio of 13.87, a PEG ratio of 3.52 and a beta of 2.07. The company has a debt-to-equity ratio of 3.00, a quick ratio of 1.01 and a current ratio of 1.47. Diebold Nixdorf has a 1-year low of $14.30 and a 1-year high of $31.85.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Monday, February 26th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, February 23rd. This represents a $0.40 annualized dividend and a yield of 2.75%. Diebold Nixdorf’s dividend payout ratio (DPR) is currently -14.81%.

In related news, Director Gale S. Fitzgerald bought 4,000 shares of Diebold Nixdorf stock in a transaction that occurred on Friday, December 15th. The stock was purchased at an average cost of $16.74 per share, for a total transaction of $66,960.00. Following the acquisition, the director now owns 51,603 shares in the company, valued at $863,834.22. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.37% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of DBD. TIAA CREF Investment Management LLC lifted its holdings in Diebold Nixdorf by 9.4% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 203,394 shares of the technology company’s stock worth $5,695,000 after purchasing an additional 17,411 shares during the last quarter. Thrivent Financial For Lutherans increased its position in Diebold Nixdorf by 7.0% in the 2nd quarter. Thrivent Financial For Lutherans now owns 15,220 shares of the technology company’s stock worth $426,000 after buying an additional 1,000 shares during the period. Northern Trust Corp increased its position in Diebold Nixdorf by 10.9% in the 2nd quarter. Northern Trust Corp now owns 1,236,034 shares of the technology company’s stock worth $34,609,000 after buying an additional 121,792 shares during the period. Vanguard Group Inc. increased its position in Diebold Nixdorf by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 5,965,441 shares of the technology company’s stock worth $167,032,000 after buying an additional 180,009 shares during the period. Finally, FMR LLC increased its position in Diebold Nixdorf by 2.0% in the 2nd quarter. FMR LLC now owns 1,186,206 shares of the technology company’s stock worth $33,213,000 after buying an additional 23,270 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.

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