About Digi International (NASDAQ:DGII)
Digi International Inc. provides Internet of Things networking hardware products and solutions. It operates in two segments, Machine-to-Machine and 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. It also provides console and serial servers, as well as universal serial bus (USB)-to-serial converters, USB over IP products, and multiport USB hubs. In addition, it offers turn-key networking product design, testing, and certification services for wireless technology platforms and applications; implementation planning, application development, on-site support, installation, and customer training services; and Digi Remote Manager, a centralized remote device management solution to meet service level commitments and stay compliant with payment card industry standards, as well as to monitor, diagnose, and fix remote devices. Further, it provides Digi Smart Solution, a system that enables restaurants, groceries, convenience stores, pharmacies, schools, hospitals, and industrial sites to monitor the temperature of food and other perishable goods, as well as to track the completion of operating tasks by employees. It sells its products through a network of distributors, systems integrators, and value added resellers for various businesses and institutions, as well as to original equipment manufacturers and others in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company was founded in 1985 and is headquartered in Minnetonka, Minnesota.
Industry, Sector and Symbol
Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:DGII
CUSIP25379810
Phone952-912-3444
Debt
Debt-to-Equity RatioN/A
Current Ratio4.53
Quick Ratio3.25
Price-To-Earnings
Trailing P/E Ratio32.97
Forward P/E Ratio-305.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$181.63 million
Price / Sales1.82
Cash Flow$0.5851 per share
Price / Cash20.85
Book Value$12.02 per share
Price / Book1.01
Profitability
EPS (Most Recent Fiscal Year)$0.37
Net Income$9.36 million
Net Margins0.39%
Return on Equity1.41%
Return on Assets1.28%
Miscellaneous
Employees514
Outstanding Shares27,150,000
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 declared that its board has approved a share repurchase plan on Thursday, April 26th 2018, which allows the company to repurchase $20,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its stock is undervalued.
How were Digi International's earnings last quarter?
Digi International Inc. (NASDAQ:DGII) issued its quarterly earnings results on Thursday, April, 26th. The technology company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.03. The technology company had revenue of $54.79 million for the quarter, compared to the consensus estimate of $52.70 million. Digi International had a net margin of 0.39% and a return on equity of 1.41%. View Digi International's Earnings History.
When is Digi International's next earnings date?
What price target have analysts set for DGII?
4 equities research analysts have issued 12-month target prices for Digi International's shares. Their forecasts range from $12.00 to $15.00. On average, they expect Digi International's share price to reach $14.00 in the next year. View Analyst Ratings for Digi International.
Who are some of Digi International's key competitors?
Some companies that are related to Digi International include Extreme Networks (EXTR), A10 Networks (ATEN), Silicom (SILC), Allot Communications (ALLT), Lantronix (LTRX), Black Box (BBOX), Xplore Technologies (XPLR), BIO-key International (BKYI), Intrusion (INTZ), Echelon (ELON), BOS Better OnLine Sol (BOSC), Eroomsystem Technologies (ERMS), Interphase (INPHQ), COPsync (COYNQ) and NEC (NIPNF).
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. Michael C. Goergen, Sr. VP, CFO & Treasurer (Age 51)
- Mr. Kevin C. Riley, Sr. VP & COO (Age 57)
- Mr. David H. Sampsell, VP of Corp. Devel., Gen. Counsel & Corp. Sec. (Age 50)
- Mr. Scott Wilken, VP of Technology
Has Digi International been receiving favorable news coverage?
Media coverage about DGII stock has been trending positive on Sunday, Accern reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Digi International earned a news impact score of 0.45 on Accern's scale. They also assigned news articles about the technology company an impact score of 43.64 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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 Loomis Sayles & Co. L P (2.00%), Millrace Asset Group Inc. (0.86%), Gabelli Funds LLC (0.79%), Alambic Investment Management L.P. (0.16%) and Russell Investments Group Ltd. (0.13%). Company insiders that own Digi International stock include Kevin C Riley, Tracy L Roberts and William N Priesmeyer. 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 Loomis Sayles & Co. L P, Alambic Investment Management L.P., Russell Investments Group Ltd. and Gabelli Funds LLC. Company insiders that have sold Digi International company stock in the last year include Kevin C Riley and Tracy L Roberts. View Insider Buying and Selling for Digi International.
Which institutional investors are buying Digi International stock?
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 $12.20.
How big of a company is Digi International?
Digi International has a market capitalization of $331.24 million and generates $181.63 million in revenue each year. The technology company earns $9.36 million in net income (profit) each year or $0.37 on an earnings per share basis. Digi International employs 514 workers across the globe.
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 (DGII)
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.
