Digi International Inc. (NASDAQ:DGII – Free Report) – Research analysts at B. Riley upped their Q2 2025 earnings estimates for Digi International in a report issued on Thursday, February 6th. B. Riley analyst J. Nichols now expects that the technology company will post earnings of $0.40 per share for the quarter, up from their previous forecast of $0.38. The consensus estimate for Digi International’s current full-year earnings is $1.65 per share. B. Riley also issued estimates for Digi International’s Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.40 EPS and Q3 2026 earnings at $0.43 EPS.
DGII has been the subject of several other reports. StockNews.com upgraded shares of Digi International from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 19th. Stephens reiterated an “overweight” rating and set a $45.00 price objective on shares of Digi International in a research note on Thursday, February 6th. Craig Hallum reaffirmed a “hold” rating and issued a $32.00 price objective (up from $28.00) on shares of Digi International in a report on Thursday, November 14th. Finally, Piper Sandler upped their target price on Digi International from $26.00 to $32.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Digi International currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.75.
Digi International Stock Performance
Shares of Digi International stock opened at $35.64 on Monday. The company has a current ratio of 1.61, a quick ratio of 1.13 and a debt-to-equity ratio of 0.16. The firm has a market cap of $1.32 billion, a P/E ratio of 37.13, a P/E/G ratio of 1.27 and a beta of 1.06. Digi International has a 12 month low of $20.17 and a 12 month high of $37.06. The stock’s fifty day moving average price is $31.33 and its 200-day moving average price is $29.76.
Digi International (NASDAQ:DGII – Get Free Report) last released its earnings results on Wednesday, February 5th. The technology company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.07). Digi International had a net margin of 8.45% and a return on equity of 11.16%.
Institutional Investors Weigh In On Digi International
Several institutional investors have recently modified their holdings of DGII. Pacer Advisors Inc. lifted its holdings in shares of Digi International by 110.2% in the 4th quarter. Pacer Advisors Inc. now owns 9,930 shares of the technology company’s stock valued at $300,000 after purchasing an additional 5,207 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Digi International by 108.0% in the 3rd quarter. SG Americas Securities LLC now owns 16,928 shares of the technology company’s stock valued at $466,000 after purchasing an additional 8,788 shares during the last quarter. Captrust Financial Advisors raised its stake in shares of Digi International by 13.5% during the third quarter. Captrust Financial Advisors now owns 20,338 shares of the technology company’s stock worth $560,000 after purchasing an additional 2,418 shares during the last quarter. BNP Paribas Financial Markets raised its position in Digi International by 51.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 24,129 shares of the technology company’s stock worth $664,000 after buying an additional 8,235 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Digi International by 1.3% in the third quarter. Geode Capital Management LLC now owns 874,290 shares of the technology company’s stock valued at $24,074,000 after purchasing an additional 11,239 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Digi International
In other news, Director Satbir Khanuja sold 7,000 shares of Digi International stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $31.76, for a total value of $222,320.00. Following the completion of the sale, the director now directly owns 83,255 shares of the company’s stock, valued at approximately $2,644,178.80. The trade was a 7.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Terrence G. Schneider sold 2,808 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $33.06, for a total value of $92,832.48. Following the completion of the sale, the vice president now directly owns 39,002 shares in the company, valued at $1,289,406.12. This represents a 6.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,329 shares of company stock worth $332,361 in the last quarter. Company insiders own 3.30% of the company’s stock.
Digi International Company Profile
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.
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