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

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

Digi International declared that its Board of Directors has approved a stock repurchase program on Thursday, April 26th 2018, which authorizes the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

Digi International Inc. (NASDAQ:DGII) issued its quarterly earnings data on Thursday, November, 14th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The technology company earned $64.96 million during the quarter, compared to analysts' expectations of $63.20 million. Digi International had a net margin of 3.92% and a return on equity of 2.56%. View Digi International's Earnings History.

Digi International is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Digi International.

Digi International will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Digi International updated its FY 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS guidance of $1.14-1.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.47. The company issued revenue guidance of $$310-325 million, compared to the consensus revenue estimate of $$273.37 million.

5 brokerages have issued 12 month price objectives for Digi International's stock. Their forecasts range from $19.00 to $26.00. On average, they anticipate Digi International's stock price to reach $21.17 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price. View Analyst Price Targets for Digi International.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digi International in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Digi International.

News coverage about DGII stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Digi International earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Digi International.

Digi International saw a increase in short interest in January. As of January 15th, there was short interest totalling 847,700 shares, an increase of 5.3% from the December 31st total of 804,900 shares. Based on an average trading volume of 205,100 shares, the short-interest ratio is presently 4.1 days. Approximately 3.1% of the shares of the stock are sold short. View Digi International's Current Options Chain.

Some companies that are related to Digi International include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR) and Comtech Telecomm. (CMTL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Digi International investors own include SeaChange International (SEAC), General Electric (GE), NeoPhotonics (NPTN), AT&T (T), Vista Outdoor (VSTO), Groupon (GRPN), Iclick Interactive Asia Group (ICLK), SMTC (SMTX), Canopy Growth (CGC) and Chesapeake Energy (CHK).

Digi International's stock is owned by many different of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.18%) and Strs Ohio (0.13%). Company insiders that own Digi International stock include Ahmed Nawaz, Jon A Nyland, Kevin C Riley, Michael A Ueland, Terrence G Schneider and Tracy L Roberts. View Institutional Ownership Trends for Digi International.

DGII stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio. Company insiders that have sold Digi International company stock in the last year include Jon A Nyland, Kevin C Riley, Michael A Ueland, Terrence G Schneider and Tracy L Roberts. View Insider Buying and Selling for Digi International.

DGII stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of DGII stock can currently be purchased for approximately $16.36.

Digi International has a market capitalization of $468.90 million and generates $254.20 million in revenue each year. The technology company earns $9.96 million in net income (profit) each year or $0.65 on an earnings per share basis. Digi International employs 516 workers across the globe.View Additional Information About Digi International.

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

Digi International's mailing address is 9350 Excelsior Blvd. Suite 700, Hopkins MN, 55343. The technology company can be reached via phone at 952-912-3444 or via email at [email protected]