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NASDAQ:DGII

Digi International (DGII) Stock Price, News & Analysis

Digi International logo
$28.97
-0.86 (-2.88%)
(As of 10/31/2024 ET)

About Digi International Stock (NASDAQ:DGII)

Key Stats

Today's Range
$28.85
$29.99
50-Day Range
$25.91
$30.75
52-Week Range
$20.17
$32.90
Volume
183,358 shs
Average Volume
192,282 shs
Market Capitalization
$1.05 billion
P/E Ratio
62.98
Dividend Yield
N/A
Price Target
$34.20
Consensus Rating
Moderate Buy

Company Overview

Digi International Inc. provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. The company operates in two segments, IoT Products & Services, and IoT Solutions. It offers cellular routers for mission-critical wireless connectivity; cellular modules to embed cellular communications abilities into the products to deploy and manage intelligent and secure cellular connected products; console servers to provide secure and remote access to network equipment in data centers and at edge locations; and radio frequency products, including embedded wireless modules, off-the-shelf gateways, modems, and adapters under the Digi XBee brand. The company provides embedded system products under the Digi Connect, ConnectCore, and Rabbit brands; and infrastructure management products, comprising of serial servers, which offers serial port-to-Ethernet integration of devices into wired Ethernet networks; and universal serial bus solutions. In addition, it offers Digi Remote Manager and Lighthouse, a recurring revenue cloud-based service that provides a secure environment for customers to manage their connected device deployment and network devices; SmartSense by Digi for monitoring wirelessly the temperature of food and other perishable or sensitive goods, monitor facilities or pharmacies by tracking the completion of operating tasks by employees, as well as quality control and incident management for food service, healthcare, and transportation/logistics industries; and Ventus which provides MNaaS solutions. Further, the company provides professional services, such as site planning, implementation management, application development, and customer training; data plan subscriptions; and enhanced technical support services, as well as Digi Wireless Design Services. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.

Digi International Stock Analysis - MarketRank™

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44th Percentile Overall Score

DGII MarketRank™: 

Digi International scored higher than 44% of companies evaluated by MarketBeat, and ranked 452nd out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Digi International has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Digi International has only been the subject of 2 research reports in the past 90 days.

  • Read more about Digi International's stock forecast and price target.
  • Earnings Growth

    Earnings for Digi International are expected to grow by 5.99% in the coming year, from $1.67 to $1.77 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Digi International is 62.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Digi International is 62.98, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 266.51.

  • Price to Earnings Growth Ratio

    Digi International has a PEG Ratio of 0.98. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    Digi International has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Digi International's valuation and earnings.
  • Percentage of Shares Shorted

    7.77% of the outstanding shares of Digi International have been sold short.
  • Short Interest Ratio / Days to Cover

    Digi International has a short interest ratio ("days to cover") of 14.8, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Digi International has recently increased by 3.28%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Digi International does not currently pay a dividend.

  • Dividend Growth

    Digi International does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    7.77% of the outstanding shares of Digi International have been sold short.
  • Short Interest Ratio / Days to Cover

    Digi International has a short interest ratio ("days to cover") of 14.8, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Digi International has recently increased by 3.28%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Digi International has a news sentiment score of 1.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Digi International this week, compared to 2 articles on an average week.
  • Search Interest

    3 people have searched for DGII on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Digi International insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.10% of the stock of Digi International is held by insiders.

  • Percentage Held by Institutions

    95.90% of the stock of Digi International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Digi International's insider trading history.
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DGII Stock News Headlines

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DGII Stock Analysis - Frequently Asked Questions

Digi International's stock was trading at $26.00 at the beginning of the year. Since then, DGII shares have increased by 11.4% and is now trading at $28.97.
View the best growth stocks for 2024 here
.

Digi International Inc. (NASDAQ:DGII) announced its earnings results on Wednesday, August, 7th. The technology company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.01. The firm's revenue for the quarter was down 6.3% on a year-over-year basis.

The following companies are subsidiaries of Digi International: Accelerated Concepts.

Digi International's top institutional investors include New York State Common Retirement Fund (1.81%), New York State Teachers Retirement System (0.15%), SG Americas Securities LLC (0.05%) and Ulland Investment Advisors LLC (0.02%). Insiders that own company stock include Ronald Konezny, Terrence G Schneider, James J Loch, David H Sampsell, Tracy L Roberts and Kevin C Riley.
View institutional ownership trends
.

Shares of DGII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Digi International investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Palo Alto Networks (PANW) and Tesla (TSLA).

Company Calendar

Last Earnings
8/07/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/13/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:DGII
CUSIP
25379810
Employees
822
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$34.20
High Stock Price Target
$45.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+18.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$24.77 million
Pretax Margin
4.17%

Debt

Sales & Book Value

Annual Sales
$431.16 million
Cash Flow
$2.65 per share
Book Value
$15.01 per share

Miscellaneous

Free Float
34,922,000
Market Cap
$1.05 billion
Optionable
Optionable
Beta
1.07

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This page (NASDAQ:DGII) was last updated on 10/31/2024 by MarketBeat.com Staff
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