Imperial Capital set a $24.00 target price on Diebold, Incorporated (NYSE:DBD) in a research note released on Tuesday, October 17th. The brokerage currently has a hold rating on the technology company’s stock. Imperial Capital also issued estimates for Diebold,’s Q3 2017 earnings at $0.15 EPS, Q4 2017 earnings at $0.67 EPS, FY2017 earnings at $0.99 EPS, Q1 2018 earnings at $0.19 EPS, Q2 2018 earnings at $0.29 EPS, Q3 2018 earnings at $0.36 EPS, Q4 2018 earnings at $0.68 EPS and FY2018 earnings at $1.52 EPS.
Several other brokerages have also issued reports on DBD. Lake Street Capital assumed coverage on shares of Diebold, in a report on Monday, June 19th. They set a buy rating and a $38.00 price objective on the stock. BidaskClub downgraded shares of Diebold, from a sell rating to a strong sell rating in a research note on Saturday, August 5th. J P Morgan Chase & Co downgraded shares of Diebold, from an overweight rating to a neutral rating and set a $31.00 target price for the company. in a research report on Tuesday, August 8th. Zacks Investment Research upgraded shares of Diebold, from a sell rating to a hold rating in a research report on Tuesday, September 19th. Finally, Credit Suisse Group reiterated an outperform rating on shares of Diebold, in a research report on Tuesday, September 5th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. Diebold, presently has an average rating of Hold and an average target price of $28.00.
Diebold, (NYSE DBD) traded down $0.05 during mid-day trading on Tuesday, reaching $18.30. The company had a trading volume of 509,454 shares, compared to its average volume of 894,173. The company has a market cap of $1,380.00, a PE ratio of 17.31 and a beta of 1.93. The company has a debt-to-equity ratio of 3.00, a current ratio of 1.47 and a quick ratio of 1.01. Diebold, has a fifty-two week low of $17.90 and a fifty-two week high of $31.85.
Diebold, (NYSE:DBD) last announced its quarterly earnings data on Tuesday, October 31st. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.40. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.17 billion. Diebold, had a negative net margin of 4.40% and a positive return on equity of 11.39%. The firm’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.34 earnings per share. analysts predict that Diebold, will post 1.09 EPS for the current year.
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The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Thursday, November 16th. Diebold,’s payout ratio is currently -14.87%.
In other Diebold, news, Director Henry D. G. Wallace purchased 10,000 shares of the business’s stock in a transaction on Monday, August 21st. The stock was bought at an average cost of $19.08 per share, with a total value of $190,800.00. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Gale S. Fitzgerald acquired 5,000 shares of Diebold, stock in a transaction on Wednesday, August 23rd. The shares were purchased at an average cost of $18.14 per share, with a total value of $90,700.00. The disclosure for this purchase can be found here. 1.37% of the stock is owned by company insiders.
Institutional investors and hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC grew its holdings in Diebold, by 111.6% during the first quarter. Tower Research Capital LLC TRC now owns 4,510 shares of the technology company’s stock valued at $138,000 after purchasing an additional 2,379 shares during the last quarter. Creative Planning increased its stake in shares of Diebold, by 2.3% in the second quarter. Creative Planning now owns 5,119 shares of the technology company’s stock valued at $143,000 after buying an additional 116 shares in the last quarter. LS Investment Advisors LLC increased its position in Diebold, by 18.5% in the second quarter. LS Investment Advisors LLC now owns 5,771 shares of the technology company’s stock worth $162,000 after purchasing an additional 899 shares during the period. Westside Investment Management Inc. acquired a new stake in Diebold, in the second quarter worth about $167,000. Finally, Public Employees Retirement System of Ohio boosted its holdings in Diebold, by 4.1% during the second quarter. Public Employees Retirement System of Ohio now owns 6,923 shares of the technology company’s stock worth $194,000 after buying an additional 271 shares during the last quarter.
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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