Digi International (NASDAQ:DGII – Get Free Report) issued an update on its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.710-0.750 for the period, compared to the consensus EPS estimate of 0.720. The company issued revenue guidance of $140.0 million-$144.0 million, compared to the consensus revenue estimate of $140.5 million. Digi International also updated its FY 2027 guidance to EPS.
Analyst Ratings Changes
A number of analysts have recently weighed in on DGII shares. Weiss Ratings lowered shares of Digi International from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Zacks Research cut shares of Digi International from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Stephens boosted their target price on shares of Digi International from $75.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. B. Riley Financial upped their price target on shares of Digi International from $78.00 to $86.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Roth Capital set a $90.00 price target on shares of Digi International and gave the company a “buy” rating in a report on Thursday, August 6th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $82.40.
Read Our Latest Research Report on Digi International
Digi International Stock Performance
Digi International stock traded up $1.91 during midday trading on Wednesday, hitting $66.96. 638,130 shares of the company were exchanged, compared to its average volume of 353,221. The business has a fifty day simple moving average of $72.61 and a two-hundred day simple moving average of $63.76. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.78 and a current ratio of 1.13. The firm has a market capitalization of $2.54 billion, a PE ratio of 53.14 and a beta of 1.00. Digi International has a fifty-two week low of $35.15 and a fifty-two week high of $86.84.
Digi International (NASDAQ:DGII – Get Free Report) last announced its quarterly earnings results on Wednesday, November 11th. The technology company reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.10). Digi International had a net margin of 9.63% and a return on equity of 12.16%. Digi International has set its Q1 2027 guidance at 0.710-0.750 EPS. On average, sell-side analysts forecast that Digi International will post 2.31 earnings per share for the current year.
About Digi International
Digi International provides products and services for connecting, managing and securing devices used in the Internet of Things (IoT). Its offerings include cellular routers and gateways, embedded modules, console servers and other networking equipment, along with software and services for device management and remote monitoring. The company serves businesses and organizations across industries such as transportation, energy, healthcare, industrial automation and retail. Its solutions support deployments ranging from connected equipment and infrastructure to remote access and network management, with customers in markets around the world.
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