Diebold, Incorporated (NYSE:DBD) updated its FY17 earnings guidance on Wednesday. The company provided earnings per share guidance of $0.95-1.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.02. The company issued revenue guidance of $4.7-4.8 billion, compared to the consensus revenue estimate of $4.75 billion.
A number of brokerages have recently weighed in on DBD. J P Morgan Chase & Co lowered shares of Diebold, from an overweight rating to a neutral rating and set a $31.00 price objective on the stock. in a report on Tuesday, August 8th. BidaskClub downgraded shares of Diebold, from a sell rating to a strong sell rating in a research report on Saturday, August 5th. Zacks Investment Research downgraded shares of Diebold, from a hold rating to a sell rating in a research report on Tuesday, July 11th. Lake Street Capital decreased their target price on shares of Diebold, from $38.00 to $30.00 and set a buy rating for the company in a research report on Thursday, July 6th. Finally, Feltl & Co. assumed coverage on shares of Diebold, in a research report on Tuesday, April 18th. They issued a buy rating for the company. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. Diebold, currently has an average rating of Hold and an average price target of $30.60.
Shares of Diebold, Incorporated (DBD) traded up 0.74% during midday trading on Friday, hitting $20.55. 1,197,825 shares of the stock were exchanged. The firm has a 50 day moving average of $22.96 and a 200 day moving average of $26.97. The firm’s market cap is $1.55 billion. Diebold, Incorporated has a 12-month low of $19.85 and a 12-month high of $31.85.
Diebold, (NYSE:DBD) last released its quarterly earnings data on Wednesday, July 19th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.02. Diebold, had a negative net margin of 6.04% and a positive return on equity of 7.25%. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the previous year, the firm earned $0.43 earnings per share. Diebold,’s revenue for the quarter was up 95.5% on a year-over-year basis. Equities analysts forecast that Diebold, Incorporated will post $0.97 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.95%. Diebold,’s payout ratio is currently -10.90%.
In other news, SVP Olaf Robert Heyden bought 2,000 shares of Diebold, stock in a transaction dated Wednesday, July 26th. The shares were acquired at an average cost of $23.28 per share, with a total value of $46,560.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Over the last three months, insiders have bought 8,000 shares of company stock worth $179,440. Corporate insiders own 1.37% of the company’s stock.
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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