About Digi International (NASDAQ:DGII)
Digi International Inc. is a provider of mission and business-critical machine-to-machine (M2M) and Internet-of-Things (IoT) connectivity products and services. The Company creates connected products and deploys and manages critical communications infrastructures in a range of environments. It offers four categories of hardware products: cellular routers and gateways, radio frequency (RF), embedded and network products. The Company's cellular product category includes its cellular routers and all gateways. The Company's RF product category includes its XBee modules, as well as other RF Solutions. Its embedded product category includes Digi Connect and Rabbit embedded systems on module and single board computers. Its network product category includes console and serial servers and universal serial bus (USB) connected products. The Company's service offerings include wireless design services, Digi Device Cloud (which includes Digi Remote Manager) and enterprise support services.
Industry, Sector and Symbol:
- Industry: Communications & Networking
- Sub-Industry: Communications Equipment
- Sector: Communications & Networking - NEC
- Symbol: NASDAQ:DGII
- CUSIP: 25379810
- Web: www.digi.com
- Current Ratio: 9.70%
- Quick Ratio: 8.02%
Sales & Book Value:
- Trailing P/E Ratio: 26.22
- Forward P/E Ratio: 39.00
- Annual Sales: $181.63 million
- Price / Sales: 1.42
- Cash Flow: $0.59 per share
- Price / Cash: 16.58
- Book Value: $12.02 per share
- Price / Book: 0.81
- Trailing EPS: $0.35
- Net Income: $9.36 million
- Net Margins: 5.16%
- Return on Equity: 3.24%
- Return on Assets: 2.95%
- Employees: 515
- Outstanding Shares: 26,540,000
Frequently Asked Questions for Digi International (NASDAQ:DGII)
What is Digi International's stock symbol?
Digi International trades on the NASDAQ under the ticker symbol "DGII."
How were Digi International's earnings last quarter?
Digi International Inc. (NASDAQ:DGII) issued its earnings results on Thursday, October, 26th. The technology company reported $0.16 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.08. The technology company earned $45.10 million during the quarter, compared to analyst estimates of $45.66 million. Digi International had a return on equity of 3.24% and a net margin of 5.16%. Digi International's revenue was down 10.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.14 EPS. View Digi International's Earnings History.
When will Digi International make its next earnings announcement?
What guidance has Digi International issued on next quarter's earnings?
Digi International issued an update on its FY18 earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) guidance of $0.23-$0.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.43. The company issued revenue guidance of $200-$212 million, compared to the consensus revenue estimate of $193.33 million.Digi International also updated its Q1 guidance to ($0.02)-$0.02 EPS.
Where is Digi International's stock going? Where will Digi International's stock price be in 2017?
4 equities research analysts have issued 1-year price targets for Digi International's shares. Their predictions range from $12.00 to $16.00. On average, they expect Digi International's stock price to reach $14.50 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 Comtech Telecommunications Corp. (CMTL), Gilat Satellite Networks (GILT), CityFibre Infrastructure Holdings PLC (CITY), Calix (CALX), Harmonic (HLIT), Aerohive Networks (HIVE), AudioCodes (AUDC), EMCORE Corporation (EMKR), TESSCO Technologies Incorporated (TESS), UTStarcom Holdings Corp (UTSI), Audience (ADNC), BATM Advanced Communications Ltd (BVC), Airgain (AIRG), Inseego Corp. (INSG), Trakm8 Holdings PLC (TRAK), Lantronix (LTRX), SRT Marine Systems PLC (SRT) and XG Technology (XGTI).
Who are Digi International's key executives?
Digi International's management team includes the folowing people:
- Ronald E. Konezny, President, Chief Executive Officer, Director (Age 48)
- Michael C. Goergen, Chief Financial Officer, Senior Vice President, Treasurer (Age 49)
- Kevin C. Riley, Chief Operating Officer, Senior Vice President (Age 55)
- Michael A. Ueland, Senior Vice President - Global Sales
- Jon A. Nyland, Vice President - Manufacturing Operations (Age 53)
- David H. Sampsell, Vice President of Corporate Development, General Counsel and Corporate Secretary (Age 48)
- Tracy L. Roberts, Vice President of Technology Services (Age 54)
- Ahmed Nawaz, Lead Independent Director (Age 67)
- Satbir Khanuja Ph.D., Independent Director (Age 49)
- Spiro C. Lazarakis, Independent Director (Age 61)
Who owns Digi International stock?
Digi International's stock is owned by many different of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (4.93%), Ameriprise Financial Inc. (2.24%), Bank of New York Mellon Corp (1.44%), Gabelli Funds LLC (0.85%) and Russell Investments Group Ltd. (0.24%). 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.
Who sold Digi International stock? Who is selling Digi International stock?
Digi International's stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Bank of New York Mellon Corp, Russell Investments Group Ltd., Gabelli Funds LLC and Ameriprise Financial Inc.. View Insider Buying and Selling for Digi International.
How do I buy Digi International stock?
Shares of Digi International 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 Digi International stock can currently be purchased for approximately $9.75.
How big of a company is Digi International?
Digi International has a market capitalization of $258.76 million and generates $181.63 million in revenue each year. The technology company earns $9.36 million in net income (profit) each year or $0.35 on an earnings per share basis. Digi International employs 515 workers across the globe.
How can I contact Digi International?
Digi International's mailing address is 11001 Bren Rd E, MINNETONKA, MN 55343-4410, United States. The technology company can be reached via phone at +1-952-9123444 or via email at [email protected]
MarketBeat Community Rating for Digi International (NASDAQ DGII)MarketBeat's community ratings are surveys of what our community members think about Digi International and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Digi International (NASDAQ:DGII) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 1 Hold Rating, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$14.50 (48.72% upside)|
Consensus Price Target History for Digi International (NASDAQ:DGII)
Analysts' Ratings History for Digi International (NASDAQ:DGII)
(Data available from 11/18/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/27/2017||Canaccord Genuity||Reiterated Rating||Buy||N/A|
|10/16/2017||Sidoti||Downgrade||Buy -> Neutral||$12.00||N/A|
|4/25/2017||Benchmark Co.||Initiated Coverage||Buy -> Buy||$16.00||High|
|1/27/2017||Lake Street Capital||Boost Price Target||Buy||$14.00 -> $15.00||N/A|
Earnings History and Estimates Chart for Digi International (NASDAQ:DGII)
Earnings History by Quarter for Digi International (NASDAQ DGII)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/26/2017||Q4 2017||$0.08||$0.16||$45.66 million||$45.10 million||View||N/A|
|7/27/2017||Q3 2017||$0.05||$0.08||$45.67 million||$45.70 million||View||N/A|
|5/4/2017||Q2 2017||$0.08||$0.05||$48.30 million||$45.61 million||View||Listen|
|1/26/2017||Q117||$0.07||$0.09||$46.62 million||$45.20 million||View||Listen|
|10/27/2016||Q416||$0.11||$0.14||$51.53 million||$50.45 million||View||Listen|
|7/28/2016||Q316||$0.10||$0.16||$52.60 million||$52.13 million||View||Listen|
|4/28/2016||Q216||$0.05||$0.09||$49.02 million||$50.16 million||View||Listen|
|1/21/2016||Q116||$0.07||$0.11||$50.81 million||$50.30 million||View||Listen|
|10/29/2015||Q415||$0.06||$0.12||$54.50 million||$56.40 million||View||Listen|
|7/23/2015||Q315||$0.05||$0.08||$52.62 million||$54.50 million||View||Listen|
|4/23/2015||Q215||$0.01||$0.04||$51.49 million||$53.20 million||View||Listen|
|1/22/2015||Q115||($0.02)||($0.03)||$47.95 million||$48.70 million||View||Listen|
|10/30/2014||Q414||$0.03||$0.02||$50.30 million||$51.60 million||View||Listen|
|7/24/2014||Q314||$0.01||($0.01)||$47.94 million||$47.90 million||View||Listen|
|4/24/2014||Q114||$0.01||$0.03||$46.14 million||$45.90 million||View||Listen|
|1/23/2014||Q413||$0.05||$0.03||$49.45 million||$47.30 million||View||Listen|
|10/31/2013||Q313||$0.08||$0.09||$50.69 million||$51.40 million||View||Listen|
|7/25/2013||Q3 2013||$0.06||$0.05||$49.03 million||$48.82 million||View||Listen|
|4/25/2013||Q2 2013||$0.05||$0.06||$48.10 million||$48.20 million||View||Listen|
|1/24/2013||Q1 2013||$0.05||$0.05||$46.96 million||$47.00 million||View||Listen|
|11/1/2012||Q412||$0.08||$0.09||$47.32 million||$47.25 million||View||N/A|
Earnings Estimates for Digi International (NASDAQ:DGII)
2017 EPS Consensus Estimate: $0.38
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Digi International (NASDAQ:DGII)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Digi International (NASDAQ DGII)
Insider Ownership Percentage: 6.90%
Institutional Ownership Percentage: 77.64%
Insider Trades by Quarter for Digi International (NASDAQ DGII)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/28/2016||William N Priesmeyer||Director||Sell||12,326||$14.00||$172,564.00|| |
|5/25/2016||Tracy L Roberts||VP||Sell||20,000||$11.25||$225,000.00|| |
|5/13/2016||Kevin C Riley||COO||Sell||20,000||$11.16||$223,200.00|| |
|11/5/2015||David H Sampsell||VP||Buy||1,000||$12.81||$12,810.00|| |
|11/4/2014||Kevin C Riley||SVP||Buy||2,180||$7.88||$17,178.40|| |
|7/1/2014||Joseph T Dunsmore||CEO||Sell||43,219||$9.53||$411,877.07|| |
|1/30/2014||Michael Raymond Dannenfeldt||SVP||Sell||195,244||$10.38||$2,026,632.72|| |
|1/21/2014||Guy Jackson||Director||Sell||17,000||$12.36||$210,120.00|| |
|8/27/2013||Guy Jackson||Director||Sell||7,500||$9.47||$71,025.00|| |
|8/13/2013||Michael Raymond Dannenfeldt||SVP||Sell||42,900||$9.79||$419,991.00|| |
|8/7/2013||Michael Raymond Dannenfeldt||SVP||Sell||27,100||$9.73||$263,683.00|| |
|8/2/2013||Guy C Jackson||Director||Sell||3,000||$9.77||$29,310.00|| |
|5/23/2013||Lawrence A Kraft||VP||Sell||11,725||$9.52||$111,622.00|| |
|5/21/2013||Lawrence A Kraft||VP||Sell||38,275||$9.52||$364,378.00|| |
Headline Trends for Digi International (NASDAQ:DGII)
Latest Headlines for Digi International (NASDAQ DGII)
Digi International (NASDAQ DGII) Chart for Saturday, November, 18, 2017