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

Diebold Nixdorf (NYSE:DBD) released its quarterly earnings results 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 net margin of 0.13% and a return on equity of 21.14%.

Diebold Nixdorf Price Performance

NYSE DBD opened at $47.05 on Friday. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 361.98 and a beta of 1.93. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.45 and a quick ratio of 0.96. The stock’s fifty day moving average price is $44.16 and its 200 day moving average price is $43.47. Diebold Nixdorf has a 1 year low of $30.37 and a 1 year high of $51.81.

Diebold Nixdorf announced that its Board of Directors has authorized a share repurchase plan on Wednesday, February 12th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the technology company to purchase up to 5.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

Separately, Wedbush restated an “outperform” rating and set a $60.00 price objective on shares of Diebold Nixdorf in a report on Thursday.

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.