Diebold Nixdorf (NYSE:DBD) Updates FY 2021 Earnings Guidance

Diebold Nixdorf (NYSE:DBD) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $4 billion-4.10 billion, compared to the consensus revenue estimate of $4.09 billion.

NYSE:DBD traded down $1.04 during trading hours on Thursday, reaching $13.51. The company had a trading volume of 32,532 shares, compared to its average volume of 730,024. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of -5.81 and a beta of 3.37. The stock has a 50-day moving average price of $13.85. Diebold Nixdorf has a twelve month low of $4.90 and a twelve month high of $17.30.

Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings results on Monday, May 10th. The technology company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.09. The business had revenue of $943.90 million during the quarter, compared to analysts’ expectations of $928.31 million. Diebold Nixdorf had a negative net margin of 4.69% and a negative return on equity of 13.79%. During the same period last year, the company posted ($0.34) earnings per share. As a group, research analysts predict that Diebold Nixdorf will post 2.13 EPS for the current fiscal year.

DBD has been the subject of a number of research reports. Zacks Investment Research cut shares of Diebold Nixdorf from a hold rating to a sell rating in a report on Monday, May 24th. DA Davidson raised their price target on shares of Diebold Nixdorf from $15.00 to $20.00 and gave the stock a buy rating in a report on Thursday, February 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $16.67.

In other news, CEO Gerrard Schmid sold 39,449 shares of Diebold Nixdorf stock in a transaction dated Monday, March 15th. The shares were sold at an average price of $17.15, for a total transaction of $676,550.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.29% of the stock is owned by company insiders.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in Western Europe, Eastern Europe, Asia, the Middle East, Africa, the United States, Canada, Mexico, and Latin America. The company operates through Eurasia Banking, Americas Banking, and Retail segments.

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