Diebold Nixdorf, Incorporated (DBD) Beats Stock Market Upswing: What Investors Need to Know

Diebold Nixdorf, Incorporated (DBD) closed at $59.00 in the latest trading session, marking a +2.16% move from the prior day. This move outpaced the S&P 500's daily gain of 0.83%. At the same time, the Dow added 0.77%, and the tech-heavy Nasdaq gained 1.02%. The company's stock has climbed by 16.86% in the past month, exceeding the Computer and Technology sector's gain of 8.25% and the S&P 500's gain of 4.99%.The investment community will be closely monitoring the performance of Diebold Nixdorf, Incorporated in its forthcoming earnings report. The company is forecasted to report an EPS of $0.61, showcasing a 47.41% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $886.1 million, indicating a 5.7% downward movement from the same quarter last year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.57 per share and a revenue of $3.81 billion, representing changes of +57.27% and +1.6%, respectively, from the prior year. Investors should also note any recent changes to analyst estimates for Diebold Nixdorf, Incorporated. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Diebold Nixdorf, Incorporated is carrying a Zacks Rank of #3 (Hold). From a valuation perspective, Diebold Nixdorf, Incorporated is currently exchanging hands at a Forward P/E ratio of 16.18. This indicates a discount in contrast to its industry's Forward P/E of 28.74. The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 46, putting it in the top 19% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow DBD in the coming trading sessions, be sure to utilize Zacks.com. 5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Diebold Nixdorf, Incorporated (DBD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks