NASDAQ:DGII - Digi International Stock Price, News, & Analysis

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$11.42 +0.02 (+0.18 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$11.40
Today's Range$11.26 - $11.55
52-Week Range$9.28 - $14.70
Volume213,800 shs
Average Volume188,809 shs
Market Capitalization$316.16 million
P/E Ratio228.40
Dividend YieldN/A
Beta1.42
Digi International Inc. provides Internet of Things connectivity products, services, and solutions in North America, Europe, the Middle East, Africa, Asia, and Latin America. The company operates in two segments, IoT Products & Services and IoT 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. The company also provides console and serial servers, as well as universal serial bus (USB)-to-serial converters, USB over Internet protocol products, and multiport USB hubs. In addition, it offers cellular remote management products that provide cellular router technology and device management solutions; Digi Remote Manager, a centralized remote device management solution to meet service level commitments and stay compliant with payment card industry data security standards, as well as to monitor, diagnose, and fix remote devices; turn-key wireless networking product development, testing, and certification for wireless technology platforms and applications; and implementation planning, application development, on-site support, installation, and customer training services. Further, the company provides SmartSense by Digi, a system that enables customers in food service, transportation/logistics, and healthcare to monitor the temperature of food and other perishable goods; and to track the completion of operating tasks by employees, as well as to have visibility in the supply chain to product temperature. The company was founded in 1985 and is headquartered in Minnetonka, Minnesota.

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Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:DGII
CUSIP25379810
Phone952-912-3444

Debt

Current Ratio4.66
Quick Ratio3.47

Price-To-Earnings

Sales & Book Value

Annual Sales$228.37 million
Price / Sales1.37
Cash Flow$0.4944 per share
Price / Cash Flow23.10
Book Value$12.12 per share
Price / Book0.94

Profitability

Net Income$1.30 million
Net Margins0.57%
Return on Assets1.18%

Miscellaneous

Employees516
Market Cap$316.16 million
OptionableOptionable

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 authorized a share repurchase plan on Thursday, April 26th 2018, which permits the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were Digi International's earnings last quarter?

Digi International Inc. (NASDAQ:DGII) announced its quarterly earnings data on Thursday, November, 15th. The technology company reported $0.13 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.07. The technology company had revenue of $65.66 million for the quarter, compared to analyst estimates of $61.90 million. Digi International had a net margin of 0.57% and a return on equity of 1.32%. During the same quarter in the prior year, the firm posted $0.16 earnings per share. View Digi International's Earnings History.

When is Digi International's next earnings date?

Digi International is scheduled to release their next quarterly earnings announcement on Thursday, January 31st 2019. View Earnings Estimates for Digi International.

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

Digi International updated its FY 2019 earnings guidance on Thursday, November, 15th. The company provided EPS guidance of $0.20-0.35 for the period. The company issued revenue guidance of $245-255 million, compared to the consensus revenue estimate of $224.75 million.Digi International also updated its Q1 2019 guidance to $-0.03-0.01 EPS.

What price target have analysts set for DGII?

6 brokerages have issued 1 year price objectives for Digi International's stock. Their predictions range from $15.00 to $21.00. On average, they expect Digi International's share price to reach $16.9167 in the next twelve months. This suggests a possible upside of 48.1% from the stock's current price. View Analyst Price Targets for Digi International.

What is the consensus analysts' recommendation for Digi International?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digi International in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Digi International.

What are Wall Street analysts saying about Digi International stock?

Here are some recent quotes from research analysts about Digi International stock:
  • 1. According to Zacks Investment Research, "Digi International Inc. is a leading global provider of business and mission-critical Internet of Things (IoT) products and services. They help their customers create next-generation connected products and deploy and manage critical communications infrastructures in demanding environments with high levels of security, relentless reliability and bulletproof performance. Digi International, Inc. (Digi) was formed in 1985-long before anyone coined the term the Internet of Things. They always focused on connecting things, starting with intelligent multiport serial boards for PCs. As wireless data technologies evolved, they invented right along with it, expanding their product lines with RF modules, gateways, and cellular routers to build critical communications infrastructures, plus embedded wireless system on module (SoM) and single-board computer (SBC) offerings for makers of next generation connected products. " (1/16/2019)
  • 2. Canaccord Genuity analysts commented, "We note the F2019 guidance includes $2M in additional earnouts anticipated for the Accelerated Concepts acquisition or else guidance would have been basically inline with our estimates. Management had a strong year of execution in F2018, and we believe Digi is positioned for improving organic growth and expanding margins in F2019 and F2020. Key milestones achieved during Q4 include achieving a sub-1000 SKU count (down from over 5,000 a couple years ago), SmartSense sites increasing to 54K, and a largely complete manufacturing transition. We maintain our belief Digi will post strong double-digit growth for its IoT solutions business over the next several years and achieve its 3-5 year target of $50M to $100M annual recurring revenue." (11/16/2018)

Has Digi International been receiving favorable news coverage?

News coverage about DGII stock has trended positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Digi International earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future.

Who are some of Digi International's key competitors?

Who are Digi International's key executives?

Digi International's management team includes the folowing people:
  • Mr. Ronald E. Konezny, Pres, CEO & Director (Age 51)
  • Mr. Gokul V. Hemmady, Sr. VP, CFO & Treasurer (Age 58)
  • Mr. David H. Sampsell, VP of Corp. Devel., Gen. Counsel & Corp. Sec. (Age 51)
  • Mr. Kevin C. Riley, Pres of IoT Solutions (Age 58)
  • Mr. Jon A. Nyland, VP of Manufacturing Operations (Age 56)

Who are Digi International's major shareholders?

Digi International's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (4.07%). Company insiders that own Digi International stock include Ahmed Nawaz, Jon A Nyland, Kevin C Riley and Tracy L Roberts. View Institutional Ownership Trends for Digi International.

Which major investors are selling Digi International stock?

DGII stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC. Company insiders that have sold Digi International company stock in the last year include Ahmed Nawaz, Jon A Nyland, Kevin C Riley and Tracy L Roberts. View Insider Buying and Selling for Digi International.

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 $11.42.

How big of a company is Digi International?

Digi International has a market capitalization of $316.16 million and generates $228.37 million in revenue each year. The technology company earns $1.30 million in net income (profit) each year or $0.05 on an earnings per share basis. Digi International employs 516 workers across the globe.

What is Digi International's official website?

The official website for Digi International is http://www.digi.com.

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 (NASDAQ DGII)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  326 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  675
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.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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