NASDAQ:DGII

Digi International - DGII Stock Forecast, Price & News

$41.07

-0.06 (-0.15%)

(As of 12/2/2022 12:00 AM ET)

Add

Compare

Today's Range: $40.01
▼
$42.56
50-Day Range: $32.14
▼
$42.48
52-Week Range: $18.54
▼
$43.68

Volume: 271,592 shs
Average Volume: 342,144 shs
Market Capitalization: $1.46 billion

P/E Ratio: 76.06
Dividend Yield: N/A
Price Target: $47.00

Digi International MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 14.4% Upside
$47.00 Price Target
Short Interest: Bearish
5.09% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.60
Based on 4 Articles This Week
Insider Trading: Selling Shares
$13,760 Sold Last Quarter
Proj. Earnings Growth: 9.26%
From $1.62 to $1.77 Per Share

Overall MarketRank^™

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

2.06 out of 5 stars

Computer And Technology Sector

380th out of 633 stocks

Computer & Office Equipment Industry

12th out of 13 stocks

2.5

Analyst's Opinion

Consensus Rating
Digi International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $47.00, Digi International has a forecasted upside of 14.4% from its current price of $41.07.
Amount of Analyst Coverage
Digi International has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.09% of the float of Digi International has been sold short.
Short Interest Ratio / Days to Cover
Digi International has a short interest ratio ("days to cover") of 4.3.
Change versus previous month
Short interest in Digi International has recently increased by 0.58%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Digi International does not currently pay a dividend.
Dividend Growth
Digi International does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DGII.

2.6

News and Social Media Coverage

News Sentiment
Digi International has a news sentiment score of 0.60. 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 higher news sentiment than the 0.37 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Digi International this week, compared to 1 article on an average week.
Search Interest
Only 13 people have searched for DGII on MarketBeat in the last 30 days. This is a decrease of -32% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Digi International to their MarketBeat watchlist in the last 30 days. This is a decrease of -77% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $13,760.00 in company stock.
Percentage Held by Insiders
Only 3.80% of the stock of Digi International is held by insiders.
Percentage Held by Institutions
90.65% of the stock of Digi International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Digi International are expected to grow by 9.26% in the coming year, from $1.62 to $1.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Digi International is 76.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of Digi International is 76.06, 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 332.39.
Price to Earnings Growth Ratio
Digi International has a PEG Ratio of 1.20. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Digi International has a P/B Ratio of 2.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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, a recurring revenue cloud-based service that provides a secure environment for customers to manage their connected device deployment; Digi Wireless Design Services; 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. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.

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.

DGII Stock News Headlines

December 1, 2022 | americanbankingnews.com

Digi International (NASDAQ:DGII) Trading Down 2.6%

November 26, 2022 | finance.yahoo.com

We Ran A Stock Scan For Earnings Growth And Digi International (NASDAQ:DGII) Passed With Ease

November 17, 2022 | finance.yahoo.com

Digi International Bucks Bear Market Owing To Industrial Internet Of Things

November 12, 2022 | finance.yahoo.com

Digi International Full Year 2022 Earnings: EPS Beats Expectations

November 11, 2022 | seekingalpha.com

Digi International Inc. (DGII) Q4 2022 Earnings Call Transcript

November 10, 2022 | markets.businessinsider.com

Digi International Q4 Adj. Profit Rises

November 7, 2022 | finance.yahoo.com

Digi International to Showcase Power of Digi ConnectCore MP1 System-on-Modules and Digi ConnectCore Voice Control Software at electronica 2022

October 28, 2022 | finance.yahoo.com

Digital Divide: Can Federal Funding For Rural Broadband Narrow The Gap?

October 26, 2022 | finance.yahoo.com

Digi International and UR Group Form Strategic Relationship to Deliver Intelligent Transport Systems in the U.K.

October 21, 2022 | finance.yahoo.com

Zacks.com featured highlights Vista Energy, Ardmore Shipping, International Seaways, Digi International and Dycom

October 17, 2022 | finance.yahoo.com

DIG Restaurants Collaborates with SmartSense by Digi to Ensure Safe and Fresh Meals

October 12, 2022 | finance.yahoo.com

Digi International Launches Digi SAFE at 2022 IACP Conference Taking Public Safety to Next Generation of Secure Connectivity

October 12, 2022 | finance.yahoo.com

Will Digi International Keep Bucking Bear Market?

October 10, 2022 | finance.yahoo.com

Digi International to Release Fourth Fiscal Quarter and Full-Year Fiscal 2022 Earnings Results and Host Conference Call on November 10, 2022

October 7, 2022 | finance.yahoo.com

What Makes Digi International (DGII) a Strong Momentum Stock: Buy Now?

September 30, 2022 | finance.yahoo.com

Tech Stock Holds Big Gains After Strong Earnings Report

September 28, 2022 | fool.com

Digi International (NASDAQ: DGII)

September 28, 2022 | finance.yahoo.com

Half of Large Enterprises Hit by Financial Losses Due to Network Outages

September 26, 2022 | finance.yahoo.com

Looking for a Growth Stock? 3 Reasons Why Digi International (DGII) is a Solid Choice

September 23, 2022 | uk.finance.yahoo.com

Digi International Inc. (DGII)

September 20, 2022 | finance.yahoo.com

SmartSense by Digi Forms Food Service Advisory Board to Amplify Customer Success

September 14, 2022 | seekingalpha.com

Digi International: Smart Cities Demand Implies Higher Stock Price

September 13, 2022 | finance.yahoo.com

Top Stock Picks for Week of September 12, 2022

September 9, 2022 | finance.yahoo.com

3 Reasons Why Digi International (DGII) Is a Great Growth Stock

September 8, 2022 | finance.yahoo.com

Digi International (DGII) Upgraded to Strong Buy: Here's What You Should Know

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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.

DGII Company Calendar

Last Earnings: 11/10/2021
Today: 12/04/2022
Next Earnings (Estimated): 2/01/2023
Fiscal Year End: 9/30/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer & office equipment
Sub-Industry: Communications Equipment
Sector: Computer and Technology
Current Symbol: NASDAQ:DGII
CUSIP: 25379810
CIK: 854775
Web: www.digi.com
Phone: (952) 912-3444
Fax: 952-912-4952
Employees: 659
Year Founded: 1985

Price Target and Rating

Average Stock Price Forecast: $47.00
High Stock Price Forecast: $50.00
Low Stock Price Forecast: $41.00
Forecasted Upside/Downside: +14.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.54
Trailing P/E Ratio: 76.06
Forward P/E Ratio: 25.35
P/E Growth: 1.2
Net Income: $19.38 million
Net Margins: 4.99%
Pretax Margin: 4.80%
Return on Equity: 8.81%
Return on Assets: 4.96%

Debt

Debt-to-Equity Ratio: 0.44
Current Ratio: 1.72
Quick Ratio: 0.96

Sales & Book Value

Annual Sales: $388.23 million
Price / Sales: 3.76
Cash Flow: $2.58 per share
Price / Cash Flow: 15.94
Book Value: $14.10 per share
Price / Book: 2.91

Miscellaneous

Outstanding Shares: 35,560,000
Free Float: 34,205,000
Market Cap: $1.46 billion
Optionable: Optionable
Beta: 1.25

Social Links

Key Executives

Mr. Ronald E. Konezny (Age 54)
Pres, CEO & Director
Comp: $786.58k

Mr. James J. Loch (Age 49)
Exec. VP, CFO & Treasurer
Comp: $422.67k

Mr. David H. Sampsell (Age 54)
Exec. VP of Corp. Devel., Gen. Counsel & Corp. Sec.
Comp: $371.16k

Mr. Brian G. Ballenger
VP of Fin. & Accounting

Ms. Mandi Karasek
VP of HR

Mr. Steve Ericson
Sr. VP & GM of OEM Solutions

Mr. Justin O. Schmid
Sr. VP & GM of Cellular Routers

Mr. Steve Glaser
Sr. VP & GM of Ventus

Mr. Gary Marks (Age 64)
Sr. VP & GM of Opengear

Mr. Brian Kirkendall
Sr. VP & GM of Infrastructure Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DGII Stock - Frequently Asked Questions

Should I buy or sell Digi International stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digi International in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street 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?: 6 analysts have issued 1 year target prices for Digi International's stock. Their DGII share price forecasts range from $41.00 to $50.00. On average, they predict the company's stock price to reach $47.00 in the next twelve months. This suggests a possible upside of 14.4% 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 2022?: Digi International's stock was trading at $24.57 at the beginning of 2022. Since then, DGII stock has increased by 67.2% and is now trading at $41.07.
View the best growth stocks for 2022 here.
When is Digi International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 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 Wednesday, November, 10th. The technology company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.05. The technology company had revenue of $79.11 million for the quarter, compared to analysts' expectations of $77.69 million. Digi International had a net margin of 4.99% and a trailing twelve-month return on equity of 8.81%. During the same quarter in the prior year, the company posted $0.15 EPS.
What guidance has Digi International issued on next quarter's earnings?: Digi International updated its first quarter 2023 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $0.41-$0.44 for the period, compared to the consensus estimate of $0.42. The company issued revenue guidance of $101.00 million-$105.00 million, compared to the consensus revenue estimate of $100.51 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 many different institutional and retail investors. Top institutional investors include Essex Investment Management Co. LLC (1.10%), Bank of New York Mellon Corp (1.07%), Fort Washington Investment Advisors Inc. OH (0.86%), Portolan Capital Management LLC (0.41%), Advisory Research Inc. (0.27%) and Gamco Investors INC. ET AL (0.24%). Insiders that own company stock include David H Sampsell, Kevin C Riley, 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 $41.07.
How much money does Digi International make?: Digi International (NASDAQ:DGII) has a market capitalization of $1.46 billion and generates $388.23 million in revenue each year. The technology company earns $19.38 million in net income (profit) each year or $0.54 on an earnings per share basis.
How many employees does Digi International have?: The company employs 659 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 12/4/2022 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

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.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial