Diebold Nixdorf Inc (DBD) to Post Q2 2018 Earnings of $0.19 Per Share, DA Davidson Forecasts

Diebold Nixdorf Inc (NYSE:DBD) – Analysts at DA Davidson decreased their Q2 2018 earnings estimates for shares of Diebold Nixdorf in a research note issued on Wednesday. DA Davidson analyst M. Summerville now forecasts that the technology company will post earnings of $0.19 per share for the quarter, down from their previous forecast of $0.25. DA Davidson currently has a “Neutral” rating and a $19.00 price target on the stock. DA Davidson also issued estimates for Diebold Nixdorf’s Q3 2018 earnings at $0.39 EPS, Q4 2018 earnings at $0.59 EPS, FY2018 earnings at $1.20 EPS and FY2019 earnings at $1.80 EPS.

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

DBD has been the topic of a number of other research reports. JPMorgan Chase & Co. reduced their target price on Diebold Nixdorf from $21.00 to $19.00 and set an “overweight” rating on the stock in a report on Wednesday. Credit Suisse Group reissued an “outperform” rating and set a $19.00 price objective (down previously from $25.00) on shares of Diebold Nixdorf in a report on Wednesday. Imperial Capital reissued a “hold” rating on shares of Diebold Nixdorf in a report on Wednesday, December 13th. Lake Street Capital raised Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a report on Tuesday. Finally, Zacks Investment Research downgraded Diebold Nixdorf from a “hold” rating to a “strong sell” rating in a report on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $20.80.

Shares of Diebold Nixdorf (NYSE DBD) opened at $15.50 on Thursday. The firm has a market capitalization 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. Diebold Nixdorf has a twelve month low of $12.90 and a twelve month high of $31.85. The company has a quick ratio of 1.01, a current ratio of 1.39 and a debt-to-equity ratio of 3.53.

A number of large investors have recently made changes to their positions in DBD. Thrivent Financial For Lutherans raised its position in Diebold Nixdorf by 7.0% during the 2nd quarter. Thrivent Financial For Lutherans now owns 15,220 shares of the technology company’s stock worth $426,000 after purchasing an additional 1,000 shares during the last quarter. Vanguard Group Inc. raised its position in Diebold Nixdorf by 3.1% during the 2nd quarter. Vanguard Group Inc. now owns 5,965,441 shares of the technology company’s stock worth $167,032,000 after purchasing an additional 180,009 shares during the last quarter. FMR LLC raised its position in Diebold Nixdorf by 2.0% during the 2nd quarter. FMR LLC now owns 1,186,206 shares of the technology company’s stock worth $33,213,000 after purchasing an additional 23,270 shares during the last quarter. Virtu KCG Holdings LLC raised its position in Diebold Nixdorf by 2.3% during the 2nd quarter. Virtu KCG Holdings LLC now owns 8,053 shares of the technology company’s stock worth $225,000 after purchasing an additional 180 shares during the last quarter. Finally, Stifel Financial Corp bought a new position in Diebold Nixdorf during the 2nd quarter worth $244,000.

In other news, Director Gale S. Fitzgerald acquired 4,000 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were bought at an average price of $16.74 per share, with a total value of $66,960.00. Following the acquisition, the director now directly owns 51,603 shares in the company, valued at approximately $863,834.22. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.37% of the company’s stock.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Monday, February 26th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.58%. The ex-dividend date of this dividend is Friday, February 23rd. Diebold Nixdorf’s dividend payout ratio (DPR) is -12.94%.

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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 and Estimates for Diebold Nixdorf (NYSE:DBD)

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