Digi International (NASDAQ:DGII – Get Free Report) updated its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.750-0.780 for the period, compared to the consensus EPS estimate of 0.610. The company issued revenue guidance of $138.0 million-$142.0 million, compared to the consensus revenue estimate of $135.9 million. Digi International also updated its FY 2026 guidance to EPS.
Digi International Stock Down 1.6%
NASDAQ:DGII traded down $1.31 during mid-day trading on Friday, reaching $81.70. The stock had a trading volume of 540,060 shares, compared to its average volume of 338,322. The business’s 50 day moving average is $68.90 and its 200 day moving average is $58.13. Digi International has a fifty-two week low of $31.70 and a fifty-two week high of $86.84. The stock has a market cap of $3.08 billion, a P/E ratio of 64.84 and a beta of 0.97. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.77.
Digi International (NASDAQ:DGII – Get Free Report) last posted its earnings results on Wednesday, August 5th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The firm had revenue of $138.67 million during the quarter, compared to analysts’ expectations of $132.57 million. Digi International had a net margin of 9.63% and a return on equity of 12.32%. The company’s revenue was up 29.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.53 earnings per share. Digi International has set its Q4 2026 guidance at 0.750-0.780 EPS. As a group, sell-side analysts predict that Digi International will post 2.11 earnings per share for the current year.
Analyst Ratings Changes
View Our Latest Stock Analysis on Digi International
Insider Activity
In related news, CFO James J. Loch sold 100,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $69.44, for a total transaction of $6,944,000.00. Following the completion of the transaction, the chief financial officer owned 167,589 shares of the company’s stock, valued at approximately $11,637,380.16. The trade was a 37.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP James E. Freeland sold 450 shares of Digi International stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $68.00, for a total value of $30,600.00. Following the completion of the transaction, the vice president directly owned 19,219 shares in the company, valued at approximately $1,306,892. This represents a 2.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 121,008 shares of company stock valued at $8,320,222 over the last three months. 3.40% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Digi International
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its position in shares of Digi International by 8.1% during the 4th quarter. Russell Investments Group Ltd. now owns 3,649 shares of the technology company’s stock worth $158,000 after buying an additional 273 shares during the period. Brooklyn Investment Group grew its position in Digi International by 5.9% in the fourth quarter. Brooklyn Investment Group now owns 5,983 shares of the technology company’s stock valued at $265,000 after acquiring an additional 331 shares during the period. Lazard Asset Management LLC grew its position in Digi International by 25.1% in the second quarter. Lazard Asset Management LLC now owns 1,690 shares of the technology company’s stock valued at $58,000 after acquiring an additional 339 shares during the period. Captrust Financial Advisors raised its stake in Digi International by 15.2% during the fourth quarter. Captrust Financial Advisors now owns 18,204 shares of the technology company’s stock worth $788,000 after acquiring an additional 2,396 shares in the last quarter. Finally, California State Teachers Retirement System raised its stake in Digi International by 9.9% during the third quarter. California State Teachers Retirement System now owns 37,001 shares of the technology company’s stock worth $1,349,000 after acquiring an additional 3,343 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors.
Digi International Company Profile
Digi International Inc is a provider of Internet of Things (IoT) connectivity products and services designed to link devices to networks and applications securely. The company develops a broad range of networking hardware, including cellular and Ethernet routers, gateways, embedded modules and adaptors, as well as accessories and antennas. Digi’s solutions enable businesses to deploy remote monitoring, control and automation systems across diverse industries such as transportation, utilities, healthcare, retail and industrial manufacturing.
In addition to its physical devices, Digi offers cloud-based management software and professional services that simplify device configuration, monitoring and over-the-air updates.
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