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

Diebold Nixdorf Inc (NYSE:DBD) – Analysts at KeyCorp dropped their Q2 2018 earnings per share (EPS) estimates for shares of Diebold Nixdorf in a research note issued to investors 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 forecast 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 announced its quarterly 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. Diebold Nixdorf had a positive return on equity of 14.90% and a negative net margin of 5.06%. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same period in the prior year, the company earned $0.32 EPS. Diebold Nixdorf’s revenue was up .5% compared to the same quarter last year.

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

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 company has a market capitalization of $1,080.14, a price-to-earnings ratio of -5.02, a PEG ratio of 3.85 and a beta of 2.07. The company has a quick ratio of 1.01, a current ratio of 1.39 and a debt-to-equity ratio of 3.53.

Large investors have recently made changes to their positions in the stock. Zions Bancorporation bought a new position in Diebold Nixdorf during the 3rd quarter worth $114,000. Assetmark Inc. raised its position in Diebold Nixdorf by 185.8% during the 4th quarter. Assetmark Inc. now owns 6,801 shares of the technology company’s stock worth $111,000 after purchasing an additional 4,421 shares during the last quarter. Amundi Pioneer Asset Management Inc. bought a new position in Diebold Nixdorf during the 4th quarter worth $113,000. Public Employees Retirement System of Ohio raised its position in Diebold Nixdorf by 4.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,923 shares of the technology company’s stock worth $194,000 after purchasing an additional 271 shares during the last quarter. Finally, CENTRAL TRUST Co bought a new position in Diebold Nixdorf during the 4th quarter worth $128,000.

In related news, Director Gale S. Fitzgerald bought 4,000 shares of the stock in a transaction that occurred on Friday, December 15th. The stock was acquired at an average cost of $16.74 per share, with a total value of $66,960.00. Following the transaction, the director now directly owns 51,603 shares in the company, valued at $863,834.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.37% of the stock is owned by company insiders.

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 given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.58%. The ex-dividend date is Friday, February 23rd. Diebold Nixdorf’s dividend payout ratio is currently -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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