NASDAQ:DGII Digi International - DGII Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $35.21 -1.24 (-3.40%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$35.01▼$36.7350-Day Range$33.37▼$42.4752-Week Range$18.54▼$43.68Volume299,449 shsAverage Volume281,691 shsMarket Capitalization$1.26 billionP/E Ratio65.20Dividend YieldN/APrice Target$47.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Digi International MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside33.5% Upside$47.00 Price TargetShort InterestBearish4.43% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.40Based on 10 Articles This WeekInsider TradingSelling Shares$24,500 Sold Last QuarterProj. Earnings Growth9.26%From $1.62 to $1.77 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.2.63 out of 5 starsComputer And Technology Sector86th out of 610 stocksComputer & Office Equipment Industry5th out of 13 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 $47.00, Digi International has a forecasted upside of 33.5% from its current price of $35.21.Amount of Analyst CoverageDigi International has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.43% 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 5.1.Change versus previous monthShort interest in Digi International has recently increased by 3.95%, indicating that investor sentiment is decreasing. 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 2.4 News and Social Media Coverage News SentimentDigi International has a news sentiment score of 0.40. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Digi International this week, compared to 2 articles on an average week.Search Interest6 people have searched for DGII on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Digi International to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% 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 $24,500.00 in company stock.Percentage Held by InsidersOnly 4.20% of the stock of Digi International is held by insiders.Percentage Held by Institutions93.28% 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 3.1 Earnings and Valuation Earnings GrowthEarnings 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 MarketThe P/E ratio of Digi International is 65.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Digi International is 65.20, 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 408.78.Price to Earnings Growth RatioDigi International has a PEG Ratio of 1.03. 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 2.46. 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. engages in the provision of business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions. It operates under the IoT Products and Services and IoT Solutions segments. The IoT Products and Services segment offers products and services that help original equipment manufacturers, enterprise, and government customers and secure IoT connectivity solutions. The IoT Solutions segment includes managed network-as a-service business via acquisition of Ventus Wireless, LLC, and affiliated entities and SmartSense by Digi business. The company was founded in 1985 and is headquartered in Hopkins, MN.Read More 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 Stock News HeadlinesFebruary 3, 2023 | markets.businessinsider.comAnalyst Ratings for Digi IntlFebruary 3, 2023 | finance.yahoo.comDigi International Inc. (NASDAQ:DGII) Q1 2023 Earnings Call TranscriptFebruary 4, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...February 2, 2023 | finance.yahoo.comDigi International Reports First Fiscal Quarter 2023 resultsFebruary 1, 2023 | americanbankingnews.comDigi International (DGII) Set to Announce Earnings on ThursdayJanuary 25, 2023 | reuters.comDGII.OQ - | Stock Price & Latest News | ReutersJanuary 22, 2023 | finance.yahoo.comDigi International Inc.'s (NASDAQ:DGII) Intrinsic Value Is Potentially 27% Above Its Share PriceJanuary 19, 2023 | finance.yahoo.comDigi International Launches Digi ConnectCore® Services, Offering Software Foundation that Enables Manageability and Security of Digi ConnectCore Family of SOMsFebruary 4, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 19, 2023 | finance.yahoo.comThis IoT Stock Was Up Nearly 50% in 2022; Is It a Buy for 2023?January 17, 2023 | finance.yahoo.comDigi International Launches Digi Containers to Improve Development, Operation, and Management of Custom Applications on Digi Cellular RoutersJanuary 16, 2023 | benzinga.comSmartSense by Digi to Present IoT Sensing Open Platform at NRF 2023 Retail's Big ShowJanuary 16, 2023 | finance.yahoo.comSmartSense by Digi to Present IoT Sensing Open Platform at NRF 2023 Retail’s Big ShowJanuary 11, 2023 | finance.yahoo.comDigi International to Release First Fiscal Quarter 2023 Earnings Results and Host Conference Call on February 2, 2023January 11, 2023 | technews.tmcnet.comSmartSense by Digi Accelerates Market Momentum Ahead of NRF 2023 Retail's Big ShowJanuary 11, 2023 | finance.yahoo.comSmartSense by Digi Accelerates Market Momentum Ahead of NRF 2023 Retail’s Big ShowJanuary 8, 2023 | finance.yahoo.comShould Weakness in Digi International Inc.'s (NASDAQ:DGII) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?December 25, 2022 | finance.yahoo.comIs It Time To Consider Buying Digi International Inc. (NASDAQ:DGII)?December 18, 2022 | finance.yahoo.comIs Digi International (DGII) a Strong Investment Choice?December 9, 2022 | finance.yahoo.comHow Digi International Used Acquisitions To Become A Player In The Internet Of ThingsDecember 8, 2022 | finance.yahoo.comAmong Top Growth Stocks, This Leading 5G Play Is Worth Your WatchlistDecember 6, 2022 | seekingalpha.comDigi International Continues To Outperform In Tough EnvironmentNovember 26, 2022 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And Digi International (NASDAQ:DGII) Passed With EaseNovember 17, 2022 | finance.yahoo.comDigi International Bucks Bear Market Owing To Industrial Internet Of ThingsNovember 12, 2022 | finance.yahoo.comDigi International Full Year 2022 Earnings: EPS Beats ExpectationsNovember 11, 2022 | seekingalpha.comDigi International Inc. (DGII) Q4 2022 Earnings Call TranscriptNovember 10, 2022 | markets.businessinsider.comDigi International Q4 Adj. Profit RisesSee More Headlines View Price History Chart DataSkip Price History Chart 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. Email Address DGII Company Calendar Last Earnings11/10/2022Today2/03/2023Next Earnings (Estimated)5/03/2023Fiscal Year End9/30/2023Get 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) 912-3444Fax952-912-4952Employees659Year Founded1985Price Target and Rating Average Stock Price Forecast$47.00 High Stock Price Forecast$50.00 Low Stock Price Forecast$41.00 Forecasted Upside/Downside+33.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.54 Trailing P/E Ratio65.20 Forward P/E Ratio21.73 P/E Growth1.03Net Income$19.38 million Net Margins4.99% Pretax Margin4.80% Return on Equity8.81% Return on Assets4.96% Debt Debt-to-Equity Ratio0.44 Current Ratio1.72 Quick Ratio0.96 Sales & Book Value Annual Sales$388.23 million Price / Sales3.24 Cash Flow$2.60 per share Price / Cash Flow13.56 Book Value$14.29 per share Price / Book2.46Miscellaneous Outstanding Shares35,670,000Free Float34,169,000Market Cap$1.26 billion OptionableOptionable Beta1.24 Social Links Key ExecutivesRonald E. KoneznyPresident, Chief Executive Officer & DirectorJames J. LochChief Financial Officer, Treasurer & Senior VPRadha ChavaliChief Information Officer & Senior Vice PresidentDavid H. SampsellSecretary, Executive VP & General CounselGuy YehiavPresident-SmartSense by Digi DivisionKey CompetitorsExtreme NetworksNASDAQ:EXTRA10 NetworksNYSE:ATENFormula Systems (1985)NASDAQ:FORTYSapiens InternationalNASDAQ:SPNSMomentive GlobalNASDAQ:MNTVView All CompetitorsInsiders & InstitutionsEssex Investment Management Co. LLCSold 77,320 shares on 2/3/2023Ownership: 0.865%SG Americas Securities LLCBought 6,643 shares on 2/2/2023Ownership: 0.048%Legato Capital Management LLCBought 36,588 shares on 2/1/2023Ownership: 0.103%Ulland Investment Advisors LLCSold 2,395 shares on 1/31/2023Ownership: 0.011%Fort Washington Investment Advisors Inc. OHSold 7,880 shares on 1/30/2023Ownership: 0.827%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 year. 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 brokers have issued 12-month price targets for Digi International's stock. Their DGII share price forecasts range from $41.00 to $50.00. On average, they anticipate the company's stock price to reach $47.00 in the next year. This suggests a possible upside of 33.5% 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 beginning of 2023. Since then, DGII shares have decreased by 3.7% and is now trading at $35.21. View the best growth stocks for 2023 here. When is Digi International's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our DGII earnings forecast. How were Digi International's earnings last quarter? Digi International Inc. (NASDAQ:DGII) released its quarterly earnings data on Thursday, November, 10th. The technology company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.37 by $0.04. The technology company had revenue of $105.74 million for the quarter, compared to analysts' expectations of $100.60 million. Digi International had a net margin of 4.99% and a trailing twelve-month return on equity of 8.81%. What guidance has Digi International issued on next quarter's earnings? Digi International issued an update on its second quarter 2023 earnings guidance on Thursday, February, 2nd. The company provided EPS guidance of $0.42-$0.46 for the period, compared to the consensus earnings per share estimate of $0.45. The company issued revenue guidance of $105.00 million-$109.00 million, compared to the consensus revenue estimate of $104.53 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 shareholders include Essex Investment Management Co. LLC (0.86%), Fort Washington Investment Advisors Inc. OH (0.83%), Legato Capital Management LLC (0.10%), Strs Ohio (0.05%), SG Americas Securities LLC (0.05%) and Ulland Investment Advisors LLC (0.01%). 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 $35.21. How much money does Digi International make? Digi International (NASDAQ:DGII) has a market capitalization of $1.26 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 2/4/2023 by MarketBeat.com Staff 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. 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