Diebold Nixdorf (NYSE:DBD) Announces Quarterly Earnings Results, Misses Estimates By $0.25 EPS

Diebold Nixdorf (NYSE:DBD) issued its quarterly earnings data on Wednesday. The technology company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.25), Zacks reports. Diebold Nixdorf had a return on equity of 21.14% and a net margin of 0.13%.

Diebold Nixdorf Trading Up 1.5 %

NYSE DBD opened at $47.05 on Friday. Diebold Nixdorf has a 52 week low of $30.37 and a 52 week high of $51.81. The company has a 50 day moving average price of $44.16 and a 200 day moving average price of $43.47. The company has a quick ratio of 0.96, a current ratio of 1.45 and a debt-to-equity ratio of 1.02. The firm has a market cap of $1.77 billion, a PE ratio of 361.98 and a beta of 1.93.

Analysts Set New Price Targets

Separately, Wedbush reiterated an “outperform” rating and issued a $60.00 price target on shares of Diebold Nixdorf in a report on Thursday.

Diebold Nixdorf declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 12th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the technology company to reacquire up to 5.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.