NASDAQ:DGIIDigi International Stock Price, Forecast & News

$11.00

-0.20 (-1.79 %)

(As of 05/26/2020 08:58 AM ET)

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Today's Range

$10.87

Now: $11.00▼

$11.25

50-Day Range

$8.13

MA: $10.42▼

$12.09

52-Week Range

$6.18

Now: $11.00▼

$18.99

Volume63,398 shs

Average Volume167,638 shs

Market Capitalization$318.31 million

P/E Ratio49.98

Dividend YieldN/A

Beta1.82

Digi International Inc. provides Internet of Things connectivity products, services, and solutions in North America, Europe, the Middle East, Africa, and internationally. 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, it provides SmartSense by Digi, a system that enables customers in food service, healthcare, transportation/logistics, and education 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 Hopkins, Minnesota.

Beat the Market (BTM) Rank^™

3.5 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 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $18.67, Digi International has a potential upside of 69.8% from its current price of $11.00.
Amount of Analyst Coverage
Digi International has only been the subject of 4 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Digi International has received 412 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Digi International has received 437 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Digi International has received 51.47% “underperform” votes from our community.

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.

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.

1.0 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 $140,625.00 in company stock.
Percentage Held by Insiders
Only 6.30% of the stock of Digi International is held by insiders.
Percentage Held by Institutions
85.57% 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 190.91% in the coming year, from $0.11 to $0.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Digi International is 49.98, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Digi International is 49.98, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.73.
Price to Earnings Growth Ratio
Digi International has a PEG Ratio of 6.69. 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 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.88 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computer & office equipment

Sub-IndustryCommunications Equipment

SectorComputer and Technology

Current SymbolNASDAQ:DGII

Previous Symbol

CUSIP25379810

CIK854775

Webwww.digi.com

Phone952-912-3444

Debt

Debt-to-Equity Ratio0.29

Current Ratio3.54

Quick Ratio2.73

Price-To-Earnings

Trailing P/E Ratio49.98

Forward P/E Ratio99.95

P/E Growth6.69

Sales & Book Value

Annual Sales$254.20 million

Price / Sales1.25

Cash Flow$1.14 per share

Price / Cash Flow9.64

Book Value$12.40 per share

Price / Book0.89

Profitability

EPS (Most Recent Fiscal Year)$0.65

Net Income$9.96 million

Net Margins2.35%

Return on Equity3.34%

Return on Assets2.48%

Miscellaneous

Employees543

Outstanding Shares28,950,000

Market Cap$318.31 million

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Digi International (NASDAQ:DGII) Frequently Asked Questions

How has Digi International's stock been impacted by COVID-19 (Coronavirus)?

Digi International's stock was trading at $11.29 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DGII stock has decreased by 2.6% and is now trading at $10.9950. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Digi International?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digi International in the last year. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Digi International.

When is Digi International's next earnings date?

Digi International is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Digi International.

How were Digi International's earnings last quarter?

Digi International Inc. (NASDAQ:DGII) posted its quarterly earnings results on Thursday, May, 7th. The technology company reported $0.07 earnings per share for the quarter, meeting the consensus estimate of $0.07. The technology company earned $73.45 million during the quarter, compared to the consensus estimate of $74.94 million. Digi International had a return on equity of 3.34% and a net margin of 2.35%. View Digi International's earnings history.

What price target have analysts set for DGII?

6 brokers have issued 12 month target prices for Digi International's stock. Their forecasts range from $10.00 to $26.00. On average, they expect Digi International's share price to reach $18.67 in the next twelve months. This suggests a possible upside of 69.8% from the stock's current price. View analysts' price targets for Digi International.

Has Digi International been receiving favorable news coverage?

Media coverage about DGII stock has trended negative on Tuesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media 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 -2.1 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutDigi International.

Who are some of Digi International's key competitors?

Some companies that are related to Digi International include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), NetGear (NTGR), Calix (CALX), Plantronics (PLT) and Ribbon Communications (RBBN). View all competitors.

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), Actinium Pharmaceuticals (ATNM), Canopy Growth (CGC), Chipotle Mexican Grill (CMG), SeaChange International (SEAC), Aphria (APHA), Carnival (CCL) and Walt Disney (DIS).

Who are Digi International's key executives?

Digi International's management team includes the following people:

Mr. Ronald E. Konezny, Pres, CEO & Director (Age 52, Pay $941.98k)
Mr. James J. Loch, Sr. VP, CFO & Treasurer (Age 48, Pay $346.28k)
Mr. Brian G. Ballenger, VP of Fin. & Accounting
Mr. David H. Sampsell, VP of Corp. Devel., Gen. Counsel & Corp. Sec. (Age 52, Pay $416.83k)
Mr. Kevin C. Riley, Pres of IoT Solutions (Age 59, Pay $719.68k)

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 Geode Capital Management LLC (1.56%), Bank of New York Mellon Corp (1.05%), Loomis Sayles & Co. L P (1.01%), Impax Asset Management Group plc (0.69%), Teton Advisors Inc. (0.55%) and Gabelli Funds LLC (0.53%). Company insiders that own Digi International stock include Ahmed Nawaz, David H Sampsell, Jon A Nyland, Kevin C Riley, Michael A Ueland, Terrence G Schneider and Tracy L Roberts. View institutional ownership trends for Digi International.

Which institutional investors are selling Digi International stock?

DGII stock was sold by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Parametric Portfolio Associates LLC, Bank of New York Mellon Corp, Russell Investments Group Ltd., Wedge Capital Management L L P NC, Millrace Asset Group Inc., Gabelli Funds LLC, and Gamco Investors INC. ET AL. Company insiders that have sold Digi International company stock in the last year include David H Sampsell, Kevin C Riley, Michael A Ueland, Terrence G Schneider, and Tracy L Roberts. View insider buying and selling activity for Digi International.

Which institutional investors are buying Digi International stock?

DGII stock was bought by a variety of institutional investors in the last quarter, including Impax Asset Management Group plc, Dorsey & Whitney Trust CO LLC, Geode Capital Management LLC, SG Americas Securities LLC, US Bancorp DE, Rhumbline Advisers, Stonebridge Capital Advisors LLC, and New York State Teachers Retirement System. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Digi International's stock price today?

One share of DGII stock can currently be purchased for approximately $11.00.

How big of a company is Digi International?

Digi International has a market capitalization of $318.31 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 543 workers across the globe.

What is Digi International's official website?

The official website for Digi International is www.digi.com.

How can I contact Digi International?

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff