Diebold Nixdorf, Incorporated (DBD) closed at $56.65 in the latest trading session, marking a -1.34% move from the prior day. This change lagged the S&P 500's 0.29% loss on the day. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq lost 0.34%.
Prior to today's trading, shares of the company had lost 8.57% lagged the Computer and Technology sector's gain of 8.98% and the S&P 500's gain of 3.08%.
Analysts and investors alike will be keeping a close eye on the performance of Diebold Nixdorf, Incorporated in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.78, signifying a 47.17% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $959.1 million, up 3.45% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $3.47 per share and a revenue of $3.82 billion, demonstrating changes of +52.86% and +1.91%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Diebold Nixdorf, Incorporated. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Diebold Nixdorf, Incorporated possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Diebold Nixdorf, Incorporated currently has a Forward P/E ratio of 16.55. This valuation marks a discount compared to its industry average Forward P/E of 31.03.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 76, finds itself in the top 31% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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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Diebold Nixdorf, Incorporated (DBD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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