NASDAQ:DGII Digi International (DGII) Stock Forecast, Price & News $29.00 +0.42 (+1.47%) (As of 11:35 AM ET) Add Compare Share Share Today's Range$28.45▼$29.1850-Day Range$28.45▼$42.9452-Week Range$28.44▼$43.68Volume59,553 shsAverage Volume279,624 shsMarket Capitalization$1.04 billionP/E Ratio35.80Dividend YieldN/APrice Target$48.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Digi International MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside67.8% Upside$48.00 Price TargetShort InterestBearish4.44% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.23Based on 3 Articles This WeekInsider TradingSelling Shares$1.28 M Sold Last QuarterProj. Earnings Growth22.02%From $1.68 to $2.05 Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector141st out of 584 stocksComputer & Office Equipment Industry7th out of 12 stocks 3.5 Analyst's Opinion Consensus RatingDigi International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $48.00, Digi International has a forecasted upside of 67.8% from its current price of $28.60.Amount of Analyst CoverageDigi International has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.44% of the outstanding shares of Digi International have been sold short.Short Interest Ratio / Days to CoverDigi International has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in Digi International has recently increased by 7.38%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldDigi International does not currently pay a dividend.Dividend GrowthDigi International does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DGII. Previous Next 1.0 News and Social Media Coverage News SentimentDigi International has a news sentiment score of -0.23. 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 lower news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Digi International this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for DGII on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Digi International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,275,762.00 in company stock.Percentage Held by InsidersOnly 4.20% of the stock of Digi International is held by insiders.Percentage Held by Institutions95.90% of the stock of Digi International is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Digi International are expected to grow by 22.02% in the coming year, from $1.68 to $2.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Digi International is 35.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Digi International is 35.31, 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 221.83.Price to Earnings Growth RatioDigi International has a PEG Ratio of 1.00. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioDigi International has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Digi International (NASDAQ:DGII) StockDigi 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.Read More DGII Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DGII Stock News HeadlinesSeptember 24, 2023 | finance.yahoo.comDigi International (NASDAQ:DGII) Is Looking To Continue Growing Its Returns On CapitalSeptember 21, 2023 | seekingalpha.comDigi International: Non-GAAP Metrics Hide Subpar GAAP PerformanceSeptember 25, 2023 | Wall Street Fundamentals (Ad)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.September 17, 2023 | americanbankingnews.comDigi International (NASDAQ:DGII) Shares Gap Up to $30.65September 6, 2023 | benzinga.comVP at Digi Intl Exercises Options Worth $408KAugust 11, 2023 | finance.yahoo.comDigi International Inc. (NASDAQ:DGII) Q3 2023 Earnings Call TranscriptAugust 11, 2023 | finance.yahoo.comTop 12 Undervalued Tech Stocks According to Wall Street AnalystsAugust 10, 2023 | finance.yahoo.comWill Digi International (DGII) be Able to Attain Management’s 12% Revenue Growth Expectation?September 25, 2023 | Wall Street Fundamentals (Ad)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.August 3, 2023 | finanznachrichten.deDigi International Reports Third Fiscal Quarter 2023 ResultsAugust 3, 2023 | markets.businessinsider.comDigi International Q3 Net Income Rises; Revenue Up 8%July 26, 2023 | finance.yahoo.comIndustrial IoT Firm Taps AI To Spur Breakthroughs — And BreakoutsJuly 26, 2023 | money.usnews.comDigi International, Inc.July 11, 2023 | finance.yahoo.comDigi International to Release Third Fiscal Quarter 2023 Earnings Results and Host Conference Call on August 3, 2023July 2, 2023 | finance.yahoo.comDigi International Inc. (NASDAQ:DGII) Shares Could Be 44% Below Their Intrinsic Value EstimateJune 27, 2023 | seekingalpha.comDigi International: Broad Industry Demand Fuels GrowthJune 20, 2023 | finance.yahoo.comNew Research: Only 4% of US Organizations Avoid Network Outages in an Average QuarterJune 20, 2023 | finance.yahoo.comNew Research: Only 9% of Global Organizations Avoid Network Outages in an Average QuarterJune 3, 2023 | finance.yahoo.comWhat Does Digi International Inc.'s (NASDAQ:DGII) Share Price Indicate?May 25, 2023 | finance.yahoo.comWhat Makes Digi International (DGII) a Prospective Investment Avenue?May 19, 2023 | msn.comWestPark Capital Initiates Coverage of Digi International (DGII) with Buy RecommendationMay 19, 2023 | finance.yahoo.comInvestors in Digi International (NASDAQ:DGII) have seen impressive returns of 201% over the past three yearsMay 9, 2023 | finance.yahoo.comDigi International (DGII) Upgraded to Buy: Here's What You Should KnowMay 5, 2023 | finance.yahoo.comDoes Digi International (NASDAQ:DGII) Deserve A Spot On Your Watchlist?May 5, 2023 | finance.yahoo.comQ2 2023 Digi International Inc Earnings CallMay 4, 2023 | finance.yahoo.comDigi International (DGII) Beats Q2 Earnings and Revenue EstimatesMay 4, 2023 | finance.yahoo.comDigi International Reports Second Fiscal Quarter 2023 resultsSee More Headlines Receive DGII Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Digi International and its competitors with MarketBeat's FREE daily newsletter. Email Address DGII Company Calendar Last Earnings8/03/2023Today9/25/2023Fiscal Year End9/30/2023Next Earnings (Estimated)11/09/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer & office equipment Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNASDAQ:DGII CUSIP25379810 CIK854775 Webwww.digi.com Phone(952) 912-3444Fax952-912-4952Employees790Year Founded1985Price 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 RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.81 Trailing P/E Ratio35.28 Forward P/E Ratio17.01 P/E Growth1Net Income$19.38 million Net Margins6.76% Pretax Margin6.78% Return on Equity12.11% Return on Assets7.36% Debt Debt-to-Equity Ratio0.37 Current Ratio1.88 Quick Ratio0.94 Sales & Book Value Annual Sales$388.23 million Price / Sales2.65 Cash Flow$2.58 per share Price / Cash Flow11.09 Book Value$14.29 per share Price / Book2.00Miscellaneous Outstanding Shares36,000,000Free Float34,488,000Market Cap$1.03 billion OptionableOptionable Beta1.28 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Ronald E. Konezny (Age 55)Pres, CEO & Director Comp: $1.63MMr. James J. Loch (Age 50)Exec. VP, CFO & Treasurer Comp: $722.53kMs. Radha Chavali (Age 50)Sr. VP & Chief Information Officer Comp: $375.76kMr. David H. Sampsell (Age 55)Exec. VP of Corp. Devel., Gen. Counsel & Corp. Sec. Comp: $617.63kMr. Terrence G. Schneider (Age 57)Sr. VP of Supply Chain Management Comp: $484.8kMr. Brian G. BallengerVP of Fin. & AccountingMr. Steve EricsonSr. VP & GM of OEM SolutionsMr. Justin O. SchmidSr. VP & GM of Managed SolutionsMr. Gary Marks (Age 65)Sr. VP & GM of Opengear Mr. Brian KirkendallSr. VP & GM of Infrastructure ManagementMore ExecutivesKey CompetitorsExtreme NetworksNASDAQ:EXTRA10 NetworksNYSE:ATENHarmonicNASDAQ:HLITMagniteNASDAQ:MGNIFormula Systems (1985)NASDAQ:FORTYView All CompetitorsInsiders & InstitutionsTerrence G SchneiderSold 12,500 sharesTotal: $418,375.00 ($33.47/share)David H SampsellSold 5,455 sharesTotal: $168,832.25 ($30.95/share)California State Teachers Retirement SystemSold 1,033 shares on 8/21/2023Ownership: 0.120%Teachers Retirement System of The State of KentuckyBought 615 shares on 8/21/2023Ownership: 0.032%David H SampsellSold 4,000 sharesTotal: $123,640.00 ($30.91/share)View All Insider TransactionsView All Institutional Transactions 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 ETFs hold Digi International's stock? ETFs with the largest weight of Digi International (NASDAQ:DGII) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN), Invesco Next Gen Connectivity ETF (PXQ), Innovator IBD Breakout Opportunities ETF (BOUT), SPDR S&P Telecom ETF (XTL), Invesco S&P SmallCap Information Technology ETF (PSCT), Global X Internet of Things Thematic ETF (SNSR) and AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).iShares Micro-Cap ETF (IWC). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Digi International Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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