Shares of Digi International Inc. (NASDAQ:DGII – Get Free Report) have been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $82.40.
Several research firms recently weighed in on DGII. Weiss Ratings raised shares of Digi International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 25th. Stephens raised their target price on shares of Digi International from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Roth Capital set a $90.00 price target on shares of Digi International and gave the stock a “buy” rating in a research report on Thursday, August 6th. Zacks Research lowered shares of Digi International from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Finally, Piper Sandler increased their price objective on shares of Digi International from $63.00 to $76.00 and gave the company a “neutral” rating in a report on Thursday, August 6th.
View Our Latest Research Report on Digi International
Hedge Funds Weigh In On Digi International
Digi International Price Performance
Shares of NASDAQ:DGII opened at $68.77 on Friday. The firm’s 50 day moving average is $72.46 and its two-hundred day moving average is $63.50. Digi International has a 52 week low of $34.24 and a 52 week high of $86.84. The firm has a market capitalization of $2.61 billion, a P/E ratio of 54.58 and a beta of 0.97. The company has a current ratio of 1.13, a quick ratio of 0.78 and a debt-to-equity ratio of 0.16.
Digi International (NASDAQ:DGII – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. Digi International had a return on equity of 12.16% and a net margin of 9.63%.The company had revenue of $138.67 million during the quarter, compared to analyst estimates of $132.57 million. During the same quarter in the previous year, the firm posted $0.53 EPS. The firm’s quarterly revenue was up 29.0% on a year-over-year basis. Digi International has set its Q4 2026 guidance at 0.750-0.780 EPS. Analysts anticipate that Digi International will post 2.31 earnings per share for the current year.
About Digi International
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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