NASDAQ:DGII - Digi International Stock Price, News, & Analysis

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$11.02 +0.26 (+2.42 %)
(As of 12/10/2018 04:00 PM ET)
Previous Close$10.76
Today's Range$10.70 - $11.09
52-Week Range$9.45 - $14.70
Volume96,000 shs
Average Volume86,711 shs
Market Capitalization$295.56 million
P/E Ratio220.40
Dividend YieldN/A
Beta1.41
Digi International Inc. provides Internet of Things connectivity products, services, and solutions in North America, Europe, the Middle East, Africa, Asia, and Latin America. The company operates in two segments, IoT Products & Services and IoT Solutions. It offers cellular routers that provide connectivity for devices over a cellular data network; cellular gateway products that enable devices or groups of devices to be networked in locations where there is no existing network or where access to a network is prohibited; radio frequency products that utilize a range of wireless protocols for PC-to-device or device-to-device connectivity; and Connect, Rabbit, and ARM-based embedded systems on module and single board computers for medical, transportation, and industrial device manufacturers. The company also provides console and serial servers, as well as universal serial bus (USB)-to-serial converters, USB over Internet protocol products, and multiport USB hubs. In addition, it offers cellular remote management products that provide cellular router technology and device management solutions; Digi Remote Manager, a centralized remote device management solution to meet service level commitments and stay compliant with payment card industry data security standards, as well as to monitor, diagnose, and fix remote devices; turn-key wireless networking product development, testing, and certification for wireless technology platforms and applications; and implementation planning, application development, on-site support, installation, and customer training services. Further, the company provides SmartSense by Digi, a system that enables customers in food service, transportation/logistics, and healthcare to monitor the temperature of food and other perishable goods; and to track the completion of operating tasks by employees, as well as to have visibility in the supply chain to product temperature. The company was founded in 1985 and is headquartered in Minnetonka, Minnesota.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:DGII
Previous Symbol
CUSIP25379810
Phone952-912-3444

Debt

Debt-to-Equity RatioN/A
Current Ratio4.66
Quick Ratio3.47

Price-To-Earnings

Trailing P/E Ratio220.40
Forward P/E Ratio38.00
P/E Growth2.75

Sales & Book Value

Annual Sales$228.37 million
Price / Sales1.33
Cash Flow$0.5102 per share
Price / Cash Flow21.60
Book Value$12.12 per share
Price / Book0.91

Profitability

EPS (Most Recent Fiscal Year)$0.05
Net Income$1.30 million
Net Margins0.57%
Return on Equity1.32%
Return on Assets1.18%

Miscellaneous

Employees516
Outstanding Shares27,470,000
Market Cap$295.56 million
OptionableOptionable

Digi International (NASDAQ:DGII) Frequently Asked Questions

What is Digi International's stock symbol?

Digi International trades on the NASDAQ under the ticker symbol "DGII."

How will Digi International's stock buyback program work?

Digi International announced that its Board of Directors has initiated a stock repurchase plan on Thursday, April 26th 2018, which allows the company to buyback $20,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 6.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

How were Digi International's earnings last quarter?

Digi International Inc. (NASDAQ:DGII) posted its earnings results on Thursday, November, 15th. The technology company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.06 by $0.07. The technology company earned $65.66 million during the quarter, compared to analyst estimates of $61.90 million. Digi International had a return on equity of 1.32% and a net margin of 0.57%. During the same quarter last year, the business posted $0.16 EPS. View Digi International's Earnings History.

When is Digi International's next earnings date?

Digi International is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Digi International.

What guidance has Digi International issued on next quarter's earnings?

Digi International updated its FY 2019 earnings guidance on Thursday, November, 15th. The company provided earnings per share guidance of $0.20-0.35 for the period. The company issued revenue guidance of $245-255 million, compared to the consensus revenue estimate of $224.75 million.Digi International also updated its Q1 2019 guidance to $-0.03-0.01 EPS.

What price target have analysts set for DGII?

6 equities research analysts have issued 12 month price targets for Digi International's stock. Their forecasts range from $15.00 to $21.00. On average, they expect Digi International's stock price to reach $16.90 in the next year. This suggests a possible upside of 53.4% from the stock's current price. View Analyst Price Targets for Digi International.

What is the consensus analysts' recommendation for Digi International?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digi International in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Digi International.

What are Wall Street analysts saying about Digi International stock?

Here are some recent quotes from research analysts about Digi International stock:
  • 1. Canaccord Genuity analysts commented, "We note the F2019 guidance includes $2M in additional earnouts anticipated for the Accelerated Concepts acquisition or else guidance would have been basically inline with our estimates. Management had a strong year of execution in F2018, and we believe Digi is positioned for improving organic growth and expanding margins in F2019 and F2020. Key milestones achieved during Q4 include achieving a sub-1000 SKU count (down from over 5,000 a couple years ago), SmartSense sites increasing to 54K, and a largely complete manufacturing transition. We maintain our belief Digi will post strong double-digit growth for its IoT solutions business over the next several years and achieve its 3-5 year target of $50M to $100M annual recurring revenue." (11/16/2018)
  • 2. According to Zacks Investment Research, "Digi International Inc. is a leading global provider of business and mission-critical Internet of Things (IoT) products and services. They help their customers create next-generation connected products and deploy and manage critical communications infrastructures in demanding environments with high levels of security, relentless reliability and bulletproof performance. Digi International, Inc. (Digi) was formed in 1985-long before anyone coined the term the Internet of Things. They always focused on connecting things, starting with intelligent multiport serial boards for PCs. As wireless data technologies evolved, they invented right along with it, expanding their product lines with RF modules, gateways, and cellular routers to build critical communications infrastructures, plus embedded wireless system on module (SoM) and single-board computer (SBC) offerings for makers of next generation connected products. " (6/27/2018)

Has Digi International been receiving favorable news coverage?

News coverage about DGII stock has trended very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Digi International earned a coverage optimism score of 3.9 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Digi International's key competitors?

Who are Digi International's key executives?

Digi International's management team includes the folowing people:
  • Mr. Ronald E. Konezny, Pres, CEO & Director (Age 50)
  • Mr. David H. Sampsell, VP of Corp. Devel., Gen. Counsel & Corp. Sec. (Age 50)
  • Mr. Kevin C. Riley, Pres of IoT Solutions (Age 57)
  • Mr. Gokul V. Hemmady, Sr. VP, CFO & Treasurer (Age 57)
  • Mr. Scott Wilken, VP of Technology

Who are Digi International's major shareholders?

Digi International's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (4.25%), Gilder Gagnon Howe & Co. LLC (4.08%), Loomis Sayles & Co. L P (2.05%), Bank of New York Mellon Corp (1.28%), TIAA CREF Investment Management LLC (0.28%) and Gamco Investors INC. ET AL (0.22%). Company insiders that own Digi International stock include Ahmed Nawaz, Jon A Nyland, Kevin C Riley and Tracy L Roberts. View Institutional Ownership Trends for Digi International.

Which institutional investors are selling Digi International stock?

DGII stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, TIAA CREF Investment Management LLC and Gamco Investors INC. ET AL. Company insiders that have sold Digi International company stock in the last year include Ahmed Nawaz, Jon A Nyland, Kevin C Riley and Tracy L Roberts. View Insider Buying and Selling for Digi International.

Which institutional investors are buying Digi International stock?

DGII stock was bought by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Loomis Sayles & Co. L P, Bank of New York Mellon Corp and MetLife Investment Advisors LLC. View Insider Buying and Selling for Digi International.

How do I buy shares of Digi International?

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

What is Digi International's stock price today?

One share of DGII stock can currently be purchased for approximately $11.02.

How big of a company is Digi International?

Digi International has a market capitalization of $295.56 million and generates $228.37 million in revenue each year. The technology company earns $1.30 million in net income (profit) each year or $0.05 on an earnings per share basis. Digi International employs 516 workers across the globe.

What is Digi International's official website?

The official website for Digi International is http://www.digi.com.

How can I contact Digi International?

Digi International's mailing address is 11001 Bren Road East, Minnetonka MN, 55343. The technology company can be reached via phone at 952-912-3444 or via email at [email protected]


MarketBeat Community Rating for Digi International (NASDAQ DGII)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  319 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  668
MarketBeat's community ratings are surveys of what our community members think about Digi International and other stocks. Vote "Outperform" if you believe DGII will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DGII will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/10/2018 by MarketBeat.com Staff

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