Diebold Nixdorf (NYSE:DBD) Releases Quarterly Earnings Results

Diebold Nixdorf (NYSE:DBD) announced its earnings results on Wednesday. The technology company reported $0.97 earnings per share 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 Stock Up 6.5 %

Diebold Nixdorf stock opened at $46.87 on Thursday. The firm has a 50 day moving average price of $44.16 and a 200-day moving average price of $43.45. The company has a quick ratio of 0.96, a current ratio of 1.45 and a debt-to-equity ratio of 1.02. Diebold Nixdorf has a twelve month low of $30.37 and a twelve month high of $51.81. The company has a market capitalization of $1.76 billion, a P/E ratio of 360.57 and a beta of 1.93.

Analyst Ratings Changes

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

Diebold Nixdorf declared that its board has authorized a share buyback plan on Wednesday, February 12th that authorizes the company to repurchase $100.00 million in outstanding 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 usually an indication that the company’s leadership believes its shares are undervalued.

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.