Should I buy or sell Digi International stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Digi International in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

4 brokers have issued 1 year target prices for Digi International's stock. Their DGII share price targets range from $30.00 to $45.00. On average, they predict the company's stock price to reach $36.33 in the next twelve months. This suggests a possible upside of 22.7% 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 2024?

Digi International's stock was trading at $26.00 at the beginning of 2024. Since then, DGII stock has increased by 13.8% and is now trading at $29.60. View the best growth stocks for 2024 here .

When is Digi International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our DGII earnings forecast .

How can I listen to Digi International's earnings call?

Digi International will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Digi International's earnings last quarter?

Digi International Inc. (NASDAQ:DGII) posted its earnings results on Wednesday, January, 31st. The technology company reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.04. The technology company had revenue of $106.09 million for the quarter, compared to the consensus estimate of $105.75 million. Digi International had a trailing twelve-month return on equity of 11.87% and a net margin of 3.61%.

What ETFs hold Digi International's stock?

ETFs with the largest weight of Digi International (NASDAQ:DGII) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN) , SPDR S&P Telecom ETF (XTL) , Invesco S&P SmallCap Information Technology ETF (PSCT) , AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) , Global X Internet of Things Thematic ETF (SNSR) and Syntax Stratified SmallCap ETF (SSLY) . iShares Micro-Cap ETF (IWC) .

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

Digi International issued an update on its second quarter 2024 earnings guidance on Wednesday, January, 31st. The company provided earnings per share guidance of 0.450-0.490 for the period, compared to the consensus estimate of 0.470. The company issued revenue guidance of $105.0 million-$109.0 million, compared to the consensus revenue estimate of $108.4 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) .

Who are Digi International's major shareholders?

Digi International's stock is owned by many different institutional and retail investors. Top institutional investors include NBC Securities Inc. (0.01%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include David H Sampsell, James J Loch, Kevin C Riley , Ronald Konezny, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Digi International have any subsidiaries?

The following companies are subsidiares of Digi International: Accelerated Concepts. Read More

NASDAQ:DGII

Digi International (DGII) Stock Price, News & Analysis

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Free DGII Stock Alerts

$29.60

-0.56 (-1.86%)

(As of 04/18/2024 ET)

Compare

Today's Range: $29.52
▼
$30.21
50-Day Range: $28.67
▼
$32.82
52-Week Range: $21.25
▼
$42.95

Volume: 143,952 shs
Average Volume: 179,677 shs
Market Capitalization: $1.07 billion

P/E Ratio: 68.84
Dividend Yield: N/A
Price Target: $36.33

Get Digi International alerts:

Digi International MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 22.7% Upside
$36.33 Price Target
Short Interest: Bearish
7.42% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.82
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 14.44%
From $1.80 to $2.06 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.53 out of 5 stars

Computer And Technology Sector

356th out of 587 stocks

Computer & Office Equipment Industry

10th 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 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Digi International has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
7.42% of the outstanding shares of Digi International have been sold short.
Short Interest Ratio / Days to Cover
Digi International has a short interest ratio ("days to cover") of 14.7, which indicates bearish sentiment.
Change versus previous month
Short interest in Digi International has recently decreased by 2.89%, indicating that investor sentiment is improving.

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.

3.2

News and Social Media Coverage

News Sentiment
Digi International has a news sentiment score of 0.82. 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 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Digi International this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for DGII on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Digi International to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Digi International insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.10% of the stock of Digi International is held by insiders.
Percentage Held by Institutions
95.90% of the stock of Digi International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Digi International are expected to grow by 14.44% in the coming year, from $1.80 to $2.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Digi International is 68.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Digi International is 68.84, 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 245.47.
Price to Earnings Growth Ratio
Digi International has a PEG Ratio of 0.99. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Digi International has a P/B Ratio of 1.97. 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

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About Digi International Stock (NASDAQ:DGII)

Digi International Inc. provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States, Europe, the Middle East, Africa, 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 and Lighthouse, a recurring revenue cloud-based service that provides a secure environment for customers to manage their connected device deployment and network devices; 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; and Ventus which provides MNaaS solutions. 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, as well as Digi Wireless Design Services. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.

DGII Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DGII Stock News Headlines

April 17, 2024 | finance.yahoo.com

Digi International Reveals 2024 Green Tech Customer Innovation Award Winners

April 17, 2024 | businesswire.com

Digi International Reveals 2024 Green Tech Customer Innovation Award Winners

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 16, 2024 | businesswire.com

Digi International Expands Monitoring Portfolio with Launch of Digi Connect Sensor XRT-M Powered by Digi Axess

April 15, 2024 | americanbankingnews.com

Digi International Inc. (NASDAQ:DGII) Receives Average Rating of "Buy" from Analysts

April 14, 2024 | msn.com

New unit to expand DigiPlus reach

April 12, 2024 | americanbankingnews.com

Digi International (NASDAQ:DGII) Shares Pass Above 200-Day Moving Average of $26.75

April 10, 2024 | seekingalpha.com

Digi International Poised For Growth Despite Near-Term Earnings Slowdown

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 8, 2024 | businesswire.com

Digi International to Release Second Fiscal Quarter 2024 Earnings Results on May 1, 2024 and Host a Conference Call on May 2, 2024

April 5, 2024 | finanznachrichten.de

Digi International to Unveil the New Digi ConnectCore MP25 System-on-Module for Next-Gen Computer Vision Applications at Embedded World 2024

April 4, 2024 | businesswire.com

Digi International to Unveil the New Digi ConnectCore® MP25 System-on-Module for Next-Gen Computer Vision Applications at Embedded World 2024

April 3, 2024 | finance.yahoo.com

Investors in Digi International (NASDAQ:DGII) have seen impressive returns of 152% over the past five years

April 3, 2024 | investorplace.com

The 3 Most Undervalued Small-Cap Stocks to Buy in April 2024

April 2, 2024 | businesswire.com

Digi International Unveils LifeCycle Assurance, Transforming Infrastructure Management with Proactive Support and Comprehensive Device Management

February 28, 2024 | investorplace.com

3 Small-Cap Giants With Big Growth Trajectories

February 25, 2024 | msn.com

Digi International (DGII) Price Target Increased by 5.93% to 39.05

February 22, 2024 | finance.yahoo.com

Opengear Launches Enhanced Technical Certification Program

February 21, 2024 | wsj.com

Digi International Inc.

February 18, 2024 | msn.com

Here's Why Digi International (DGII) Fell in Q4

February 17, 2024 | finance.yahoo.com

Here’s Why Digi International (DGII) Fell in Q4

February 13, 2024 | finance.yahoo.com

DGII Jun 2024 20.000 call

February 13, 2024 | finance.yahoo.com

Digi International Launches Digi IX40, a 5G Edge Computing Industrial IoT Cellular Solution Purpose-Built for Industry 4.0

February 5, 2024 | markets.businessinsider.com

Assessing Digi Intl: Insights From 5 Financial Analysts

February 2, 2024 | markets.businessinsider.com

Analysts Are Bullish on These Technology Stocks: Allegro MicroSystems (ALGM), Digi International (DGII)

February 2, 2024 | finance.yahoo.com

Digi International Inc. (NASDAQ:DGII) Q1 2024 Earnings Call Transcript

February 2, 2024 | finance.yahoo.com

Q1 2024 Digi International Inc Earnings Call

See More Headlines

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Company Calendar

Last Earnings: 1/31/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Computer & office equipment
Sub-Industry: Communications Equipment
Current Symbol: NASDAQ:DGII
CUSIP: 25379810
CIK: 854775
Web: www.digi.com
Phone: (952) 912-3444
Fax: 952-912-4952
Employees: 822
Year Founded: 1985

Price Target and Rating

Average Stock Price Target: $36.33
High Stock Price Target: $45.00
Low Stock Price Target: $30.00
Potential Upside/Downside: +22.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.43
Trailing P/E Ratio: 68.84
Forward P/E Ratio: 16.44
P/E Growth: 0.99
Net Income: $24.77 million
Net Margins: 3.61%
Pretax Margin: 3.54%
Return on Equity: 11.87%
Return on Assets: 7.56%

Debt

Debt-to-Equity Ratio: 0.36
Current Ratio: 2.35
Quick Ratio: 1.39

Sales & Book Value

Annual Sales: $444.85 million
Price / Sales: 2.41
Cash Flow: $2.63 per share
Price / Cash Flow: 11.27
Book Value: $15.01 per share
Price / Book: 1.97

Miscellaneous

Outstanding Shares: 36,260,000
Free Float: 34,770,000
Market Cap: $1.07 billion
Optionable: Optionable
Beta: 1.21

Social Links

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Key Executives

Mr. Ronald E. Konezny (Age 56)
President, CEO & Director
Comp: $1.77M
Mr. James J. Loch (Age 51)
Executive VP, CFO & Treasurer
Comp: $760.13k
Mr. David H. Sampsell (Age 56)
Executive VP of Corporate Development, General Counsel & Corporate Secretary
Comp: $638.05k
Mr. Terrence G. Schneider (Age 58)
Senior Vice President of Supply Chain Management
Comp: $502.27k
Mr. Brian G. Ballenger
Vice President of Finance & Accounting
James E. Freeland
VP & Chief Information Officer
Mr. Steve Ericson
Senior VP & GM of OEM Solutions
Mr. Justin O. Schmid
Senior VP & GM of Managed Solutions
Mr. Gary Marks (Age 66)
Senior VP & GM of Opengear
Mr. Brian Kirkendall
Senior VP & GM of Infrastructure Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DGII Stock Analysis - Frequently Asked Questions

Should I buy or sell Digi International stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Digi International in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?: 4 brokers have issued 1 year target prices for Digi International's stock. Their DGII share price targets range from $30.00 to $45.00. On average, they predict the company's stock price to reach $36.33 in the next twelve months. This suggests a possible upside of 22.7% 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 2024?: Digi International's stock was trading at $26.00 at the beginning of 2024. Since then, DGII stock has increased by 13.8% and is now trading at $29.60.
View the best growth stocks for 2024 here.
When is Digi International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our DGII earnings forecast.
How can I listen to Digi International's earnings call?: Digi International will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Digi International's earnings last quarter?: Digi International Inc. (NASDAQ:DGII) posted its earnings results on Wednesday, January, 31st. The technology company reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.04. The technology company had revenue of $106.09 million for the quarter, compared to the consensus estimate of $105.75 million. Digi International had a trailing twelve-month return on equity of 11.87% and a net margin of 3.61%.
What ETFs hold Digi International's stock?: ETFs with the largest weight of Digi International (NASDAQ:DGII) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN), SPDR S&P Telecom ETF (XTL), Invesco S&P SmallCap Information Technology ETF (PSCT), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Global X Internet of Things Thematic ETF (SNSR) and Syntax Stratified SmallCap ETF (SSLY).iShares Micro-Cap ETF (IWC).

What guidance has Digi International issued on next quarter's earnings?: Digi International issued an update on its second quarter 2024 earnings guidance on Wednesday, January, 31st. The company provided earnings per share guidance of 0.450-0.490 for the period, compared to the consensus estimate of 0.470. The company issued revenue guidance of $105.0 million-$109.0 million, compared to the consensus revenue estimate of $108.4 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).
Who are Digi International's major shareholders?: Digi International's stock is owned by many different institutional and retail investors. Top institutional investors include NBC Securities Inc. (0.01%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include David H Sampsell, James J Loch, Kevin C Riley, Ronald Konezny, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Digi International have any subsidiaries?: The following companies are subsidiares of Digi International: Accelerated Concepts.
Read More

This page (NASDAQ:DGII) was last updated on 4/18/2024 by MarketBeat.com Staff

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Digi International (DGII) Stock Price, News & Analysis

Digi International MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Digi International Stock (NASDAQ:DGII)

DGII Stock Price History

DGII Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

DGII Stock Analysis - Frequently Asked Questions

Overall MarketRank^™