Analysts forecast that Diebold Nixdorf Inc (NYSE:DBD) will announce $1.10 billion in sales for the current quarter, Zacks reports. Three analysts have made estimates for Diebold Nixdorf’s earnings, with the lowest sales estimate coming in at $1.08 billion and the highest estimate coming in at $1.12 billion. Diebold Nixdorf reported sales of $1.12 billion during the same quarter last year, which would suggest a negative year over year growth rate of 1.8%. The firm is expected to issue its next quarterly earnings results on Tuesday, October 30th.

According to Zacks, analysts expect that Diebold Nixdorf will report full year sales of $4.50 billion for the current fiscal year, with estimates ranging from $4.45 billion to $4.53 billion. For the next fiscal year, analysts forecast that the firm will report sales of $4.57 billion per share, with estimates ranging from $4.48 billion to $4.66 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that cover Diebold Nixdorf.

Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Wednesday, August 1st. The technology company reported ($0.21) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.22). The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Diebold Nixdorf had a negative net margin of 7.77% and a positive return on equity of 10.58%. The firm’s quarterly revenue was down 2.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.08 EPS.

Several research firms have weighed in on DBD. TheStreet cut Diebold Nixdorf from a “c-” rating to a “d+” rating in a research report on Thursday, July 5th. Zacks Investment Research raised Diebold Nixdorf from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 3rd. Northcoast Research cut Diebold Nixdorf from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 25th. Credit Suisse Group cut their price objective on Diebold Nixdorf from $15.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, August 2nd. Finally, JPMorgan Chase & Co. cut Diebold Nixdorf from a “neutral” rating to an “underweight” rating and set a $7.00 price objective on the stock. in a research report on Monday, August 6th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. Diebold Nixdorf has a consensus rating of “Hold” and an average target price of $14.80.

Several large investors have recently added to or reduced their stakes in DBD. Swiss National Bank boosted its holdings in shares of Diebold Nixdorf by 4.9% in the 1st quarter. Swiss National Bank now owns 118,459 shares of the technology company’s stock worth $1,824,000 after purchasing an additional 5,500 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in shares of Diebold Nixdorf by 13.8% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 720,788 shares of the technology company’s stock worth $11,101,000 after purchasing an additional 87,674 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of Diebold Nixdorf by 1.8% in the 1st quarter. BlackRock Inc. now owns 7,907,923 shares of the technology company’s stock worth $121,781,000 after purchasing an additional 140,297 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of Diebold Nixdorf by 10.4% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 156,291 shares of the technology company’s stock worth $2,407,000 after purchasing an additional 14,753 shares in the last quarter. Finally, Natixis Advisors L.P. boosted its holdings in shares of Diebold Nixdorf by 25.5% in the 1st quarter. Natixis Advisors L.P. now owns 92,839 shares of the technology company’s stock worth $1,430,000 after purchasing an additional 18,865 shares in the last quarter.

DBD stock opened at $5.00 on Monday. The company has a debt-to-equity ratio of 6.96, a quick ratio of 0.89 and a current ratio of 1.39. Diebold Nixdorf has a 1-year low of $3.55 and a 1-year high of $23.50. The firm has a market capitalization of $380.47 million, a price-to-earnings ratio of 4.42 and a beta of 1.73.

About Diebold Nixdorf

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 in three segments: Services, Software, and Systems. The Services segment provides product-related services, such as first and second line maintenance, preventive maintenance, and on-demand services; and managed and outsourcing services, including store lifecycle management, self-service fleet management, branch lifecycle management, automated teller machine (ATM) as-a-service, and managed mobility services, as well as cash management services.

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

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