Wall Street analysts expect that Diebold, Incorporated (NYSE:DBD) will report earnings per share (EPS) of $0.08 for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Diebold,’s earnings, with the lowest EPS estimate coming in at $0.03 and the highest estimate coming in at $0.11. Diebold, reported earnings per share of $0.34 in the same quarter last year, which suggests a negative year-over-year growth rate of 76.5%. The company is scheduled to announce its next earnings results on Tuesday, November 21st.
According to Zacks, analysts expect that Diebold, will report full year earnings of $0.92 per share for the current financial year, with EPS estimates ranging from $0.76 to $1.05. For the next financial year, analysts expect that the business will report earnings of $1.72 per share, with EPS estimates ranging from $1.50 to $2.07. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Diebold,.
Diebold, (NYSE:DBD) last announced its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.02. The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.10 billion. Diebold, had a positive return on equity of 7.25% and a negative net margin of 6.04%. The firm’s revenue was up 95.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.43 EPS.
Several research analysts have recently weighed in on the company. Zacks Investment Research cut Diebold, from a “hold” rating to a “sell” rating in a research report on Monday, May 8th. Lake Street Capital assumed coverage on Diebold, in a research report on Monday, June 19th. They set a “buy” rating and a $38.00 price objective for the company. BidaskClub cut Diebold, from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Finally, J P Morgan Chase & Co cut Diebold, from an “overweight” rating to a “neutral” rating and set a $31.00 price objective for the company. in a research report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. Diebold, currently has a consensus rating of “Hold” and an average target price of $30.60.
Shares of Diebold, (NYSE:DBD) traded up 2.00% during midday trading on Thursday, hitting $20.45. The stock had a trading volume of 669,497 shares. Diebold, has a one year low of $17.95 and a one year high of $31.85. The company’s market capitalization is $1.54 billion. The firm’s 50-day moving average is $21.17 and its 200 day moving average is $26.26.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $0.40 annualized dividend and a yield of 1.96%. Diebold,’s dividend payout ratio (DPR) is presently -10.90%.
In related news, Director Gale S. Fitzgerald purchased 5,000 shares of Diebold, stock in a transaction that occurred on Wednesday, August 23rd. The stock was purchased at an average cost of $18.14 per share, with a total value of $90,700.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Christopher A. Chapman purchased 2,000 shares of Diebold, stock in a transaction that occurred on Friday, July 21st. The shares were bought at an average cost of $21.53 per share, with a total value of $43,060.00. The disclosure for this purchase can be found here. Insiders have purchased 23,000 shares of company stock valued at $460,940 over the last three months. Insiders own 1.37% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Swiss National Bank boosted its position in shares of Diebold, by 1.7% in the first quarter. Swiss National Bank now owns 117,459 shares of the technology company’s stock valued at $3,606,000 after buying an additional 2,000 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Diebold, by 5.3% in the first quarter. Bank of New York Mellon Corp now owns 1,125,488 shares of the technology company’s stock valued at $34,552,000 after buying an additional 56,939 shares during the period. Elkfork Partners LLC boosted its position in shares of Diebold, by 19.8% in the first quarter. Elkfork Partners LLC now owns 3,322 shares of the technology company’s stock valued at $102,000 after buying an additional 550 shares during the period. AMG National Trust Bank boosted its position in shares of Diebold, by 15.0% in the first quarter. AMG National Trust Bank now owns 84,921 shares of the technology company’s stock valued at $2,607,000 after buying an additional 11,105 shares during the period. Finally, State Treasurer State of Michigan boosted its position in shares of Diebold, by 1.3% in the first quarter. State Treasurer State of Michigan now owns 30,630 shares of the technology company’s stock valued at $940,000 after buying an additional 400 shares during the period.
Diebold, 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.
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