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Diebold Nixdorf, Incorporated (DBD) Laps the Stock Market: Here's Why

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Diebold Nixdorf, Incorporated (DBD - Free Report) closed at $58.21 in the latest trading session, marking a +1.73% move from the prior day. This change outpaced the S&P 500's 0.01% gain on the day. Meanwhile, the Dow experienced a rise of 0.51%, and the technology-dominated Nasdaq saw a decrease of 0.28%.

The company's stock has dropped by 4.22% in the past month, falling short of the Computer and Technology sector's gain of 10.49% and the S&P 500's gain of 4.83%.

The upcoming earnings release of Diebold Nixdorf, Incorporated will be of great interest to investors. It is anticipated that the company will report an EPS of $0.78, marking a 47.17% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $959.1 million, up 3.45% from the prior-year quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.47 per share and a revenue of $3.82 billion, signifying shifts of +52.86% and +1.91%, respectively, from the last year.

Investors should also take note of any recent adjustments to analyst estimates for Diebold Nixdorf, Incorporated. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Diebold Nixdorf, Incorporated possesses a Zacks Rank of #3 (Hold).

Looking at its valuation, Diebold Nixdorf, Incorporated is holding a Forward P/E ratio of 16.49. This denotes a discount relative to the industry average Forward P/E of 29.87.

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 Zacks Industry Rank gauges the strength of our individual 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.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.


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