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NASDAQ:DGII

Digi International (DGII) Stock Forecast, Price & News

$29.00
+0.42 (+1.47%)
(As of 11:35 AM ET)
Compare
Today's Range
$28.45
$29.18
50-Day Range
$28.45
$42.94
52-Week Range
$28.44
$43.68
Volume
59,553 shs
Average Volume
279,624 shs
Market Capitalization
$1.04 billion
P/E Ratio
35.80
Dividend Yield
N/A
Price Target
$48.00

Digi International MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
67.8% Upside
$48.00 Price Target
Short Interest
Bearish
4.44% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.23mentions of Digi International in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.28 M Sold Last Quarter
Proj. Earnings Growth
22.02%
From $1.68 to $2.05 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Computer And Technology Sector

141st out of 584 stocks

Computer & Office Equipment Industry

7th out of 12 stocks


DGII stock logo

About Digi International (NASDAQ:DGII) Stock

Digi International Inc. provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States 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; and 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. 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.

DGII Price History

DGII Stock News Headlines

Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
Digi International (NASDAQ:DGII) Shares Gap Up to $30.65
VP at Digi Intl Exercises Options Worth $408K
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
Digi International Q3 Net Income Rises; Revenue Up 8%
Digi International, Inc.
Q2 2023 Digi International Inc Earnings Call
See More Headlines
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DGII Company Calendar

Last Earnings
8/03/2023
Today
9/25/2023
Fiscal Year End
9/30/2023
Next Earnings (Estimated)
11/09/2023

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:DGII
CUSIP
25379810
Employees
790
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$48.00
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$46.00
Forecasted Upside/Downside
+67.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$19.38 million
Pretax Margin
6.78%

Debt

Sales & Book Value

Annual Sales
$388.23 million
Cash Flow
$2.58 per share
Book Value
$14.29 per share

Miscellaneous

Free Float
34,488,000
Market Cap
$1.03 billion
Optionable
Optionable
Beta
1.28

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Key Executives

  • Mr. Ronald E. Konezny (Age 55)
    Pres, CEO & Director
    Comp: $1.63M
  • Mr. James J. Loch (Age 50)
    Exec. VP, CFO & Treasurer
    Comp: $722.53k
  • Ms. Radha Chavali (Age 50)
    Sr. VP & Chief Information Officer
    Comp: $375.76k
  • Mr. David H. Sampsell (Age 55)
    Exec. VP of Corp. Devel., Gen. Counsel & Corp. Sec.
    Comp: $617.63k
  • Mr. Terrence G. Schneider (Age 57)
    Sr. VP of Supply Chain Management
    Comp: $484.8k
  • Mr. Brian G. Ballenger
    VP of Fin. & Accounting
  • Mr. Steve Ericson
    Sr. VP & GM of OEM Solutions
  • Mr. Justin O. Schmid
    Sr. VP & GM of Managed Solutions
  • Mr. Gary Marks (Age 65)
    Sr. VP & GM of Opengear
  • Mr. Brian Kirkendall
    Sr. VP & GM of Infrastructure Management













DGII Stock - Frequently Asked Questions

Should I buy or sell Digi International stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Digi International in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DGII shares.
View DGII analyst ratings
or view top-rated stocks.

What is Digi International's stock price forecast for 2023?

5 Wall Street research analysts have issued twelve-month target prices for Digi International's stock. Their DGII share price forecasts range from $46.00 to $50.00. On average, they expect the company's stock price to reach $48.00 in the next twelve months. This suggests a possible upside of 67.9% from the stock's current price.
View analysts price targets for DGII
or view top-rated stocks among Wall Street analysts.

How have DGII shares performed in 2023?

Digi International's stock was trading at $36.55 at the start of the year. Since then, DGII stock has decreased by 21.8% and is now trading at $28.58.
View the best growth stocks for 2023 here
.

Are investors shorting Digi International?

Digi International saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,600,000 shares, an increase of 7.4% from the August 15th total of 1,490,000 shares. Based on an average daily trading volume, of 291,100 shares, the short-interest ratio is presently 5.5 days.
View Digi International's Short Interest
.

When is Digi International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our DGII earnings forecast
.

How were Digi International's earnings last quarter?

Digi International Inc. (NASDAQ:DGII) posted its quarterly earnings data on Thursday, August, 3rd. The technology company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The technology company had revenue of $112.24 million for the quarter, compared to analysts' expectations of $108.75 million. Digi International had a trailing twelve-month return on equity of 12.11% and a net margin of 6.76%.

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

Digi International updated its fourth quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $0.46-$0.49 for the period, compared to the consensus estimate of $0.49. The company issued revenue guidance of $108.00 million-$112.00 million, compared to the consensus revenue estimate of $110.82 million.

What is Ron Konezny's approval rating as Digi International's CEO?

49 employees have rated Digi International Chief Executive Officer Ron Konezny on Glassdoor.com. Ron Konezny has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Digi International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Digi International investors own include General Electric (GE), NVIDIA (NVDA), AT&T (T), Inovio Pharmaceuticals (INO), SeaChange International (SEAC), Block (SQ), Vista Outdoor (VSTO), Advanced Micro Devices (AMD), Actinium Pharmaceuticals (ATNM).

What is Digi International's stock symbol?

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

Who are Digi International's major shareholders?

Digi International's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Driehaus Capital Management LLC (2.59%), Geneva Capital Management LLC (2.59%), Geode Capital Management LLC (1.96%), Fort Washington Investment Advisors Inc. OH (1.08%), Bank of New York Mellon Corp (0.91%) and Rhumbline Advisers (0.29%). Insiders that own company stock include David H Sampsell, James J Loch, Kevin C Riley, Ronald Konezny, Terrence G Schneider and Tracy L Roberts.
View institutional ownership trends
.

How do I buy shares of Digi International?

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

What is Digi International's stock price today?

One share of DGII stock can currently be purchased for approximately $28.58.

How much money does Digi International make?

Digi International (NASDAQ:DGII) has a market capitalization of $1.03 billion and generates $388.23 million in revenue each year. The technology company earns $19.38 million in net income (profit) each year or $0.81 on an earnings per share basis.

How many employees does Digi International have?

The company employs 790 workers across the globe.

Does Digi International have any subsidiaries?
The following companies are subsidiares of Digi International: Accelerated Concepts.
Read More
How can I contact Digi International?

Digi International's mailing address is 9350 Excelsior Blvd. Suite 700, Hopkins MN, 55343. The official website for the company is www.digi.com. The technology company can be reached via phone at (952) 912-3444, via email at jamie.loch@digi.com, or via fax at 952-912-4952.

This page (NASDAQ:DGII) was last updated on 9/25/2023 by MarketBeat.com Staff

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