Digi International Inc. (NASDAQ:DGII – Get Free Report) has received an average recommendation of “Moderate Buy” from the four brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $36.50.
DGII has been the topic of several recent research reports. Piper Sandler lowered Digi International from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $35.00 to $29.00 in a research report on Wednesday, May 22nd. StockNews.com upgraded Digi International from a “hold” rating to a “buy” rating in a research report on Saturday, June 15th. Finally, Roth Mkm reduced their price target on Digi International from $40.00 to $38.00 and set a “buy” rating on the stock in a research report on Friday, May 3rd.
View Our Latest Report on Digi International
Institutional Investors Weigh In On Digi International
Digi International Price Performance
Shares of NASDAQ DGII opened at $22.93 on Friday. The firm has a market capitalization of $834.19 million, a P/E ratio of 60.34, a P/E/G ratio of 0.77 and a beta of 1.12. The company has a quick ratio of 1.28, a current ratio of 2.05 and a debt-to-equity ratio of 0.31. The stock’s 50-day simple moving average is $25.44 and its two-hundred day simple moving average is $27.15. Digi International has a twelve month low of $21.25 and a twelve month high of $42.95.
Digi International (NASDAQ:DGII – Get Free Report) last announced its earnings results on Wednesday, May 1st. The technology company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. The business had revenue of $107.70 million for the quarter, compared to analyst estimates of $106.97 million. Digi International had a return on equity of 11.61% and a net margin of 3.20%. As a group, equities analysts anticipate that Digi International will post 1.7 EPS for the current fiscal year.
About Digi International
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.
Featured Articles
- Five stocks we like better than Digi International
- How to Most Effectively Use the MarketBeat Earnings Screener
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- How to Calculate Stock Profit
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- What is the Euro STOXX 50 Index?
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Digi International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digi International and related companies with MarketBeat.com's FREE daily email newsletter.