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Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Diebold Nixdorf, Inc. New York, May 27, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Diebold Nixdorf, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

Diebold Nixdorf (NYSE:DBD), a global leader in driving connected commerce for the banking and retail industries, today announced a business update relating to the novel coronavirus (COVID-19) pandemic.

Shares of Diebold Nixdorf (NYSE:DBD) rose 12.5% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were up 46.03% year over year to ($0.34), which missed the estimate of ($0.28).Revenue of $910,700,000 less by 11.41% from the same period last year, which missed the estimate of $915,670,000.Guidance Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: May 05, 2020View more earnings on DBDTime: 03:02 PM ETWebcast URL: https://edge.media-server.com/mmc/p/bymiq5baTechnicals 52-week high: $14.6652-week low: $2.80Price action over last quarter: down 50.51%Company Overview Diebold Nixdorf Inc is engaged in providing software and hardware services for financial and retail industries. The customer segments of the company are banking which offers integrated solutions for financial institutions and retail that offers solutions, software, and services which improves the checkout process for retailers.See more from Benzinga * Recap: Oxford Immunotec Global Q1 Earnings * JELD-WEN Holding: Q1 Earnings Insights * Recap: Crestwood Equity Partners Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Q1 2020 Diebold Nixdorf Inc Earnings Call

Diebold Nixdorf (DBD) delivered earnings and revenue surprises of -47.83% and -0.22%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Diebold Nixdorf (NYSE: DBD) will release 2020 first quarter financial results on Tuesday, May 5 before trading begins on the New York Stock Exchange. Gerrard Schmid, president and chief executive officer, and Jeffrey Rutherford, senior vice president and chief financial officer, will discuss the results during a conference call and webcast beginning at 8:30 a.m. ET.

It is in the best interest of investors to seek appropriate guidance from brokers who are deemed experts in the field of investing.

Investors need to pay close attention to Diebold Nixdorf (DBD) stock based on the movements in the options market lately.

Diebold Nixdorf (NYSE: DBD), today reports its 2020 first quarter financial results. The earnings press release and a presentation used to accompany the webcast are accessible by visiting the Investor Relations section of Diebold Nixdorf's website, located at the following link: http://www.dieboldnixdorf.com/earnings.

Zacks.com featured highlights include: Atlas Air Worldwide, Diebold Nixdorf, Clearwater Paper, DXC Technology Company and AAR

Yesterday, the U.S. Department of Homeland Security, through its Cybersecurity & Infrastructure Security Agency, issued a public statement amplifying President Trump's guidance that "critical infrastructure industries" must continue their work to promote public health and safety as well as economic and national security.

Dim Near-Term Prospects for Financial Transaction Industry

Good day, and welcome to the Diebold Nixdorf hosted first-quarter 2020 earnings call. Thank you, Serge, and welcome, everyone, to Diebold Nixdorf's first-quarter earnings call for 2020. Joining me today are Gerrard Schmid, president and chief executive officer; and Jeff Rutherford, chief financial officer.

Long term investing works well, but it doesn't always work for each individual stock. It hits us in the gut when we...

Shareholders of Diebold Nixdorf, Incorporated (NYSE: DBD) today added a new director to its board while re-electing its full slate of directors and passing all other proposals at the company's annual meeting, which was conducted virtually for the first time in the company's history.

Shares of Diebold Nixdorf (NYSE: DBD), a manufacturer of automated self-service transaction systems and the software they run on, skyrocketed by as much as 25% today as investors digested news from the company's first quarter. Diebold Nixdorf's sales of $910.7 million were down 11.4% from its first-quarter 2019 sales, which was in line with management's expectations, due to "headwinds of approximately $69 million from currency effects, divestitures and the COVID-19 impact." While it was surprising that Diebold's stock was moving so far into positive territory following the quarterly results, investors may have been optimistic that the company's net loss of $93.4 million was an improvement of 29% from the first quarter of 2019.

New month, same volatility. Kicking off the second quarter of 2020, all three of the major U.S. stock indexes dropped more than 4% yesterday in response to an update from the Trump administration. Late on March 31, the President stated the next two weeks will be “painful," with health officials predicting a significant spike in COVID-19-related deaths.As U.S. stock futures tick up on April 2, investors are worried the volatility is here to stay, and new economic data hasn’t calmed these fears. According to an ADP National Employment report, last month, private payrolls fell for the first time since 2017, by 27,000 jobs to be precise. It doesn’t help that new orders to factories reached its lowest point in 11 years.In light of these developments, investment firm J.P. Morgan reassessed some of the names in its coverage universe. The well-known financial institution found that the impacts of COVID-19 have made several stocks riskier plays than they once were.Bearing this in mind, we used TipRanks’ database to take a closer look at three stocks that have fallen out of favor with the firm. It turns out that the rest of the Street also takes a cautious approach when it comes to these tickers. Let’s take a closer look.Plantronics Inc. (PLT)Next up we have electronics company Plantronics, which provides business and personal headsets as well as audio solutions. So far in 2020, shares have plummeted 71%, and J.P. Morgan doesn’t see a recovery anywhere in sight.After gaining more insight on PLT’s standing amid the ongoing public health crisis, analyst Paul Coster acknowledges that it’s positioned to endure the disruption caused by COVID-19. That being said, he argues that it would do so with limited balance sheet flexibility, and thus can’t recommend that investors do anything other than sell shares. “Consensus estimates through FY21 are too high, in our view, so downward revisions could weigh on the stock near-term. This downgrade is not a call to short the stock, but we are sidelined on elevated near-term risks,” Coster explained.Speaking to these estimates, Coster expects voice, headset and product sales to fall by 25-30% year-over-year during the next two quarters, with the video and services segments taking a mid-single-digit hit. The gross margin prediction also gets a haircut, by 200 basis points to be exact. “We assume the firm bears down on operating expenses to moderate impact on cash flow... We expect sharp downward revisions to estimates to weigh on the stock near term,” the analyst said.There is some good news, though. Following discussions with IT VAR/Distributors, observed enterprise and SMB behavior and the monitoring of Google search trends, Coster thinks the company might get a near-term boost from the increase in headset and some tele/conferencing equipment sales as more people start working from home.However, the analyst noted, “... we think this is a temporary demand pull-forward, and we also believe it is probably offset by the decline in enterprise spending on on-premises desktop phones, conference phones, VTC equipment. We are also concerned that enterprises will sweat assets coming out of a downturn and that there will be a decline in service revenue associated with lower installation and usage levels.”As a result, Coster gives PLT a thumbs down, downgrading his call from Neutral to Underweight. He also reduced the price target from $17 to $12, but the new figure still suggests 50% upside potential. (To watch Coster’s track record, click here)The rest of the Street has reservations as well. 4 Holds and a single Sell issued in the last three months add up to a Hold analyst consensus. That being said, the $18.60 average price target puts the upside potential at 132%. (See Plantronics stock analysis on TipRanks)Nio Inc. (NIO)With the goal of being the first “User Enterprise," Nio considers itself more than just a car company, offering high-performance, electric vehicles (EVs). Given that shares are down 36% in the last month and its engineering chief is set to depart amid ongoing reorganization, things aren’t looking good.This is the stance taken by J.P. Morgan. Weighing in on Nio for the firm, analyst Ryan Brinkman states that while its Chinese name, Weilai, might translate to “blue sky is coming”, this isn’t the case for the company. Against the current tumultuous economic backdrop, the industry as a whole is facing headwinds like weak consumer sentiment and the growing localized entry of foreign brands into the EV space. “Fundamentally, we have two key reservations: 1) slow sales and a challenging NEV market; and 2) funding and financing,” the analyst commented.Based on Brinkman’s estimates, PV demand in China is slated to take another 7% hit in 2020 as a result of poor consumer sentiment and a weak economy. In addition, the challenging nature of the auto market as well as steep competition from Tesla and other EV start-ups in China do little to improve Nio’s prospects.In order to stimulate demand in China, the government will potentially cut the NEV subsidy in the second half of 2020, but this works against Nio. “Further, the government’s efforts to boost auto demand by easing purchase restrictions for NEVs could increase competition for NIO,” Brinkman explained.It should also be noted that Nio recently reached an agreement with Hefei Government for additional funding after a $200 million convertible note and two $100 million convertible bonds were issued. When the company receives the funding support, Brinkman thinks that Nio will be stable in the near-term with respect to cash. However, the five-star analyst argued, “While the funding size and deal structure have not yet been decided upon or disclosed, we do not rule out the possibility of NIO needing further funding in 2H20/2021, considering the pace of cash burn. Possible equity dilution is another factor investors need to consider.”To this end, Brinkman assumed coverage of this stock with an Underweight rating and $2 price target. Should shares reach this level in the next year, Nio stands to see 25% of its value erased. (To watch Brinkman’s track record, click here)Turning now to the rest of the Street, other analysts are staying on the sidelines. With 2 Holds published in the last three months, NIO earns a Hold consensus rating. However, at $4.10, the average price target implies 55% upside potential. (See Nio stock analysis on TipRanks)Diebold Nixdorf Incorporated (DBD)Like Plantronics, banking solutions and retail technology systems provider Diebold Nixdorf has shed 71% of its value year-to-date. Add in a recent downgrade from J.P. Morgan, and it’s clear why this name has received negative attention from investors.Writing for the firm, Paul Coster, who also covers Plantronics, isn’t necessarily recommending that investors short the stock. Rather, DBD’s exposure to end-markets heavily impacted by COVID-19 makes the stock just too risky.Explaining this assumption, the analyst stated, “Neither DBD nor Neutral-rated NCR stocks seem appealing at present, despite trough-level forward multiples, but we prefer NCR in view of the cash on hand following last night’s revolver drawdown.”Based on the mounting evidence that “COVID-19 is dramatically reducing foot-traffic in retail, hospitality and bank branches, and that field service resources cannot be deployed to deployments”, Coster believes the bottom line will take a beating. “We look for DBD to generate 2020 PF EPS of $0.33 on revenue of $4.1 billion versus consensus of $0.99 EPS on revenue of $4.2 billion, and we believe risks are skewed to the downside,” he noted.Having said that, should both revenue and earnings level out and improve in the second half of 2020, liquidity most likely won’t be at risk. However, as Coster doesn’t see DBD’s leverage ratio getting better throughout the year, and the DN Now program might need to be ramped up thanks to swings in working capital, the long-term growth narrative appears weak.In line with this conclusion, Coster downgraded the stock from Neutral to Underweight and cut the price target by $2. Still, this new $6 target conveys his belief that shares could soar 96% in the next twelve months.Looking at the consensus breakdown, it has been quiet when it comes to other analyst activity. Coster’s downgrade is the only recent review, making the consensus rating a Moderate Sell. (See Diebold Nixdorf stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

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Diebold Nixdorf (DBD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.