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

Diebold Nixdorf (NYSE:DBD - Get Free Report) issued its quarterly 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 net margin of 0.13% and a return on equity of 21.14%.

Diebold Nixdorf Stock Performance

Diebold Nixdorf stock traded down $0.40 during trading hours on Friday, reaching $46.60. 81,589 shares of the company were exchanged, compared to its average volume of 89,816. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 358.48 and a beta of 1.93. The company has a current ratio of 1.45, a quick ratio of 0.96 and a debt-to-equity ratio of 1.02. The stock has a 50-day moving average of $44.17 and a 200 day moving average of $43.52. Diebold Nixdorf has a 12 month low of $30.37 and a 12 month high of $51.81.

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.

Diebold Nixdorf announced that its Board of Directors has initiated a share repurchase program on Wednesday, February 12th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the technology company to reacquire up to 5.7% of its shares through open market purchases. Shares buyback programs are typically a sign 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.