The initial downward catalyst was Diebold's dismal second-quarter earnings report, which caused a massive 36% one-day plunge in the stock. Without getting too deep into the numbers, Diebold surprised investors with a quarterly loss and cut its full-year guidance. CEO Gerrard Schmid blamed higher-than-expected costs for the poor quarterly results.
Full Answer
Why is Diebold stock down so much?
Jul 29, 2021 · Shares of Diebold Nixdorf (NYSE: DBD) fell 9.1% through 12:20 p.m. EDT today after the maker of ATMs announced Q2 2021 sales and earnings that fell well short of consensus targets. Analysts had ...
Why did Diebold Nixdorf (DBD) stock jump?
Aug 09, 2018 · The initial downward catalyst was Diebold's dismal second-quarter earnings report, which caused a massive 36% one-day plunge in the stock. Without getting too deep into the numbers, Diebold...
Can Diebold restructure its financial obligations?
May 01, 2019 · Its shares closed 11.3% lower on Wednesday, after a decline of over 18% on Tuesday -- and presumably for the same reason: earnings. So what Yesterday, Diebold reported a big $1.74-per-share loss...
Is Diebold's business model under attack?
May 02, 2018 · As of 12:12 p.m. EDT, shares are down 15.9%. Revenue declined 3.5% year over year, and the company reported a loss of $0.94 per share, significantly worse than a year ago. CFO Chris Chapman said ...
Is Diebold a good stock to buy?
Is DIEBOLD NIXDORF Stock a good buy in 2022, according to Wall Street analysts? The consensus among 1 Wall Street analyst covering (NYSE: DBD) stock is to Hold DBD stock.
Why did Diebold stock drop?
Shares of Diebold Nixdorf ( DBD -3.75% ) fell 14% through 10:50 a.m. EDT after the maker of ATMs and "intelligent deposit terminals" announced even worse results for the third quarter of 2021 than it had warned investors about three months ago.Oct 28, 2021
Where is Matt from Motley Fool?
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work! Follow @TMFMathGuy
Is Diebold's business model under attack?
Diebold's business model seems to be under attack from disruptive technologies. Fewer people are using cash to pay for goods and services these days as card payments are becoming almost universally accepted, even among small merchants. In addition, the rise of peer-to-peer payment apps has greatly reduced the need to access cash, even to pay personal debts to other people. In short, demand for ATMs, the bread-and-butter of Diebold's business, has been falling and there's no reason to think this trend will reverse course.
What went up a lot could also come down a lot. (And it is.)
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
It's another down day for ATM manufacturer Diebold Nixdorf ( NYSE:DBD). Its shares closed 11.3% lower on Wednesday, after a decline of over 18% on Tuesday -- and presumably for the same reason: earnings.
So what
Yesterday, Diebold reported a big $1.74-per-share loss for its first quarter of 2019, worse than analysts had expected, and on declining revenue to boot.
Now what
If that's the case, then bad as Diebold's decline has already been, it's actually possible these declines could continue -- even though Diebold management reiterated its guidance for this year, it still expects revenue to come in between $4.4 billion and $4.5 billion, and it still believes it can return to breakeven free cash flow this year.
What happened
It's another down day for ATM manufacturer Diebold Nixdorf (NYSE: DBD). Its shares closed 11.3% lower on Wednesday, after a decline of over 18% on Tuesday -- and presumably for the same reason: earnings.
So what
Yesterday, Diebold reported a big $1.74-per-share loss for its first quarter of 2019, worse than analysts had expected, and on declining revenue to boot.
Now what
If that's the case, then bad as Diebold's decline has already been, it's actually possible these declines could continue -- even though Diebold management reiterated its guidance for this year, it still expects revenue to come in between $4.4 billion and $4.5 billion, and it still believes it can return to breakeven free cash flow this year.
A positive analyst note sent the stock rising
Chris has covered Tech and Telecom companies for The Motley Fool since 2012. Follow him on Twitter for the latest tech stock coverage. Follow @tmfnewsie
What happened
Shares of Diebold Nixdorf Inc. ( NYSE:DBD), a manufacturer of automated self-service transaction systems and the software they run on, jumped today after the company received an analyst's upgrade and a higher price target.
So what
J.P. Morgan analyst Paul Chung upgraded Diebold Nixdorf to overweight from the previous neutral rating and raised his price target for the stock from $10 to $16.
Now what
Diebold's stock took a beating in 2020, despite the growth of many other tech stocks, and was essentially at break-even at the beginning of this year. While today's upgrade is spurring positive sentiment for the company, investors should make sure they look at the long-term prospects and hurdles for the company before investing.
Shareholders of the ATM maker finally got a positive earnings report
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work! Follow @TMFMathGuy
What happened
ATM and banking security company Diebold Nixdorf ( NYSE:DBD) reported fourth-quarter earnings this morning, and to say that investors are happy with the results would be a massive understatement. As of 11 a.m. EST, shares had risen by a remarkable 34%.
So what
At first glance, it may seem surprising that Diebold is up, since it posted a $0.08-per-share loss, while analysts had projected the company would break even.
Now what
Diebold shares have taken investors on quite the roller-coaster ride in recent history. The stock was trading for more than $15 at this point last year, but after a few lousy quarters, the share price plunged to as low as $2.41.
