$1.22 Billion in Sales Expected for Diebold Nixdorf Inc (DBD) This Quarter

Wall Street brokerages forecast that Diebold Nixdorf Inc (NYSE:DBD) will report $1.22 billion in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Diebold Nixdorf’s earnings. The highest sales estimate is $1.24 billion and the lowest is $1.20 billion. Diebold Nixdorf reported sales of $1.25 billion in the same quarter last year, which indicates a negative year over year growth rate of 2.4%. The business is scheduled to report its next quarterly earnings report on Tuesday, February 12th.

On average, analysts expect that Diebold Nixdorf will report full-year sales of $4.51 billion for the current year, with estimates ranging from $4.49 billion to $4.52 billion. For the next financial year, analysts anticipate that the firm will report sales of $4.56 billion, with estimates ranging from $4.50 billion to $4.59 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover Diebold Nixdorf.

Diebold Nixdorf (NYSE:DBD) last released its earnings results on Wednesday, October 31st. The technology company reported ($0.61) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.49). The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Diebold Nixdorf had a negative net margin of 11.68% and a negative return on equity of 13.35%. Diebold Nixdorf’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.58 EPS.

A number of research firms have recently issued reports on DBD. ValuEngine lowered Diebold Nixdorf from a “hold” rating to a “sell” rating in a report on Saturday, September 22nd. Zacks Investment Research upgraded Diebold Nixdorf from a “sell” rating to a “hold” rating in a report on Monday, November 5th. Finally, DA Davidson upgraded Diebold Nixdorf from a “neutral” rating to a “buy” rating and set a $5.00 price objective for the company in a report on Tuesday, January 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $10.25.

Shares of DBD traded up $0.04 during mid-day trading on Friday, reaching $4.02. The company’s stock had a trading volume of 46,053 shares, compared to its average volume of 2,083,350. The firm has a market capitalization of $296.12 million, a P/E ratio of 3.57 and a beta of 1.70. Diebold Nixdorf has a 1 year low of $2.41 and a 1 year high of $19.05. The company has a quick ratio of 1.01, a current ratio of 1.55 and a debt-to-equity ratio of 102.95.

Several large investors have recently made changes to their positions in DBD. Virtu Financial LLC purchased a new stake in shares of Diebold Nixdorf during the third quarter worth $108,000. Brave Asset Management Inc. acquired a new position in Diebold Nixdorf during the third quarter worth $128,000. MML Investors Services LLC acquired a new position in Diebold Nixdorf during the third quarter worth $150,000. Fore Capital LLC acquired a new position in Diebold Nixdorf during the third quarter worth $180,000. Finally, Jefferies Group LLC acquired a new position in Diebold Nixdorf during the third quarter worth $225,000.

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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