Wall Street analysts expect Diebold Nixdorf Inc (NYSE:DBD) to report $0.24 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Diebold Nixdorf’s earnings, with the lowest EPS estimate coming in at $0.21 and the highest estimate coming in at $0.29. Diebold Nixdorf reported earnings of ($0.61) per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 139.3%. The firm is scheduled to announce its next quarterly earnings results before the market opens on Wednesday, October 30th.

On average, analysts expect that Diebold Nixdorf will report full year earnings of $0.14 per share for the current financial year, with EPS estimates ranging from $0.04 to $0.19. For the next financial year, analysts anticipate that the company will post earnings of $0.95 per share, with EPS estimates ranging from $0.90 to $0.98. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow Diebold Nixdorf.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Thursday, July 25th. The technology company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.21. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.06 billion. The business’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.21) earnings per share.

A number of brokerages recently weighed in on DBD. ValuEngine downgraded shares of Diebold Nixdorf from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 2nd. Sidoti began coverage on shares of Diebold Nixdorf in a research report on Tuesday, September 17th. They issued a “buy” rating and a $19.00 price target on the stock. Zacks Investment Research downgraded shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, DA Davidson set a $17.00 price target on shares of Diebold Nixdorf and gave the company a “buy” rating in a research report on Friday, July 26th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $13.50.

Shares of NYSE:DBD traded down $0.47 during mid-day trading on Friday, reaching $9.05. The stock had a trading volume of 814,313 shares, compared to its average volume of 1,144,874. The firm has a market cap of $694.59 million, a PE ratio of -8.79, a price-to-earnings-growth ratio of 23.22 and a beta of 2.79. The firm has a 50 day simple moving average of $11.32 and a two-hundred day simple moving average of $10.98. Diebold Nixdorf has a twelve month low of $2.41 and a twelve month high of $14.66.

In related news, Director Arthur F. Anton bought 9,615 shares of the company’s stock in a transaction on Wednesday, August 28th. The shares were purchased at an average cost of $10.40 per share, for a total transaction of $99,996.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Phillip R. Cox sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $14.05, for a total transaction of $84,300.00. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Hedge funds have recently made changes to their positions in the business. Commonwealth Bank of Australia raised its holdings in Diebold Nixdorf by 8.8% during the 2nd quarter. Commonwealth Bank of Australia now owns 23,400 shares of the technology company’s stock worth $214,000 after buying an additional 1,900 shares during the period. Caisse DE Depot ET Placement DU Quebec bought a new position in shares of Diebold Nixdorf during the 2nd quarter worth approximately $3,885,000. Swiss National Bank grew its stake in shares of Diebold Nixdorf by 13.6% during the 2nd quarter. Swiss National Bank now owns 134,559 shares of the technology company’s stock worth $1,233,000 after acquiring an additional 16,100 shares in the last quarter. GSA Capital Partners LLP grew its stake in shares of Diebold Nixdorf by 32.9% during the 2nd quarter. GSA Capital Partners LLP now owns 41,491 shares of the technology company’s stock worth $380,000 after acquiring an additional 10,261 shares in the last quarter. Finally, Ancora Advisors LLC grew its stake in shares of Diebold Nixdorf by 19.6% during the 2nd quarter. Ancora Advisors LLC now owns 2,423,701 shares of the technology company’s stock worth $22,201,000 after acquiring an additional 397,705 shares in the last quarter. Hedge funds and other institutional investors own 89.40% of the company’s stock.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates through two segments, Banking and Retail. The Banking segment offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.

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Earnings History and Estimates for Diebold Nixdorf (NYSE:DBD)

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