Diebold Nixdorf (NYSE:DBD) Issues Earnings Results, Misses Expectations By $0.25 EPS

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

Diebold Nixdorf Stock Performance

NYSE:DBD opened at $46.87 on Thursday. The business’s fifty day moving average is $44.16 and its 200 day moving average is $43.45. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 360.57 and a beta of 1.93. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.96 and a current ratio of 1.45. Diebold Nixdorf has a 52-week low of $30.37 and a 52-week high of $51.81.

Diebold Nixdorf declared that its Board of Directors has authorized a stock buyback plan on Wednesday, February 12th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the technology company to repurchase up to 5.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Separately, Wedbush reissued an “outperform” rating and issued a $60.00 price target (up previously from $50.00) on shares of Diebold Nixdorf in a research report on Wednesday, December 11th.

About Diebold Nixdorf

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.