Why Diebold Nixdorf, Incorporated (DBD) Outpaced the Stock Market Today

In the latest close session, Diebold Nixdorf, Incorporated (DBD) was up +1.21% at $60.21. The stock's change was more than the S&P 500's daily gain of 0.28%. Meanwhile, the Dow experienced a rise of 0.43%, and the technology-dominated Nasdaq saw an increase of 0.09%. Shares of the company witnessed a gain of 16.67% over the previous month, beating the performance of the Computer and Technology sector with its gain of 6.2%, and the S&P 500's gain of 4.37%.Analysts and investors alike will be keeping a close eye on the performance of Diebold Nixdorf, Incorporated in its upcoming earnings disclosure. The company is expected to report EPS of $0.61, down 47.41% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $886.1 million, indicating a 5.7% decline compared to the corresponding quarter of the prior year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.57 per share and a revenue of $3.81 billion, signifying shifts of +57.27% and +1.6%, respectively, from the last year. Investors should also take note of any recent adjustments to analyst estimates for Diebold Nixdorf, Incorporated. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. At present, Diebold Nixdorf, Incorporated boasts a Zacks Rank of #3 (Hold). In terms of valuation, Diebold Nixdorf, Incorporated is presently being traded at a Forward P/E ratio of 16.66. This valuation marks a discount compared to its industry average Forward P/E of 29.03. The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 62, finds itself in the top 26% echelons of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Higher. Faster. Sooner. Buy These Stocks NowA small number of stocks are primed for a breakout, and you have a chance to get in before they take off.At any given time, there are only 220 Zacks Rank #1 Strong Buys. On average, this list more than doubles the S&P 500. We’ve combed through the latest Strong Buys and selected 7 compelling companies likely to jump sooner and climb higher than any other stock you could buy this month.You'll learn everything you need to know about these exciting trades in our brand-new Special Report, 7 Best Stocks for the Next 30 Days.Download the report free now >>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