Shares of Digi International Inc. (NASDAQ:DGII – Get Free Report) have been given a consensus rating of “Buy” by the four analysts that are presently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a buy rating. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $36.33.
Separately, Stephens raised their price objective on shares of Digi International from $40.00 to $45.00 and gave the stock an “overweight” rating in a report on Monday, February 5th.
Check Out Our Latest Stock Analysis on DGII
Institutional Trading of Digi International
Digi International Stock Performance
Shares of DGII stock opened at $30.16 on Monday. The company has a market cap of $1.09 billion, a P/E ratio of 70.14, a PEG ratio of 0.99 and a beta of 1.21. The firm has a fifty day moving average price of $30.22 and a 200 day moving average price of $26.79. The company has a current ratio of 2.35, a quick ratio of 1.39 and a debt-to-equity ratio of 0.36. Digi International has a 12 month low of $21.25 and a 12 month high of $42.95.
Digi International (NASDAQ:DGII – Get Free Report) last released its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.04. Digi International had a return on equity of 11.87% and a net margin of 3.61%. The business had revenue of $106.09 million during the quarter, compared to analysts’ expectations of $105.75 million. Sell-side analysts predict that Digi International will post 1.8 earnings per share 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.
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