Digi International (NASDAQ:DGII) Issues Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Digi International (NASDAQ:DGIIGet Free Report) released its earnings results on Wednesday. The technology company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.07), Zacks reports. Digi International had a net margin of 5.31% and a return on equity of 11.24%. Digi International updated its Q2 2025 guidance to 0.460-0.500 EPS.

Digi International Price Performance

Shares of Digi International stock opened at $36.00 on Friday. The firm has a market cap of $1.33 billion, a P/E ratio of 59.26, a price-to-earnings-growth ratio of 1.11 and a beta of 1.06. The firm’s 50-day simple moving average is $31.23 and its 200-day simple moving average is $29.60. Digi International has a twelve month low of $20.17 and a twelve month high of $37.06. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.13 and a current ratio of 1.73.

Insider Buying and Selling

In other Digi International news, VP Terrence G. Schneider sold 2,808 shares of Digi International stock in a transaction on Friday, November 29th. The stock was sold at an average price of $33.06, for a total transaction of $92,832.48. Following the completion of the transaction, the vice president now directly owns 39,002 shares of the company’s stock, valued at approximately $1,289,406.12. This trade represents a 6.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Satbir Khanuja sold 7,000 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $31.76, for a total transaction of $222,320.00. Following the completion of the sale, the director now owns 83,255 shares in the company, valued at $2,644,178.80. This represents a 7.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,329 shares of company stock valued at $332,361 over the last quarter. Corporate insiders own 3.30% of the company’s stock.

Analyst Upgrades and Downgrades

DGII has been the topic of several research analyst reports. Stephens restated an “overweight” rating and issued a $45.00 price objective on shares of Digi International in a research note on Thursday. Piper Sandler boosted their price objective on shares of Digi International from $26.00 to $32.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. StockNews.com upgraded shares of Digi International from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 19th. Finally, Craig Hallum reaffirmed a “hold” rating and issued a $32.00 price target (up previously from $28.00) on shares of Digi International in a report on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $36.75.

Check Out Our Latest Research Report on DGII

About Digi International

(Get Free Report)

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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Earnings History for Digi International (NASDAQ:DGII)

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