Digi International (NASDAQ:DGII) Announces Earnings Results

Digi International (NASDAQ:DGII - Get Free Report) posted its earnings results on Wednesday. The technology company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.07), Zacks reports. Digi International had a return on equity of 11.16% and a net margin of 8.45%. Digi International updated its Q2 2025 guidance to 0.460-0.500 EPS.

Digi International Trading Down 1.6 %

Digi International stock traded down $0.57 during trading hours on Friday, reaching $35.11. 319,368 shares of the company's stock were exchanged, compared to its average volume of 235,373. The firm's 50 day simple moving average is $31.33 and its 200 day simple moving average is $29.73. Digi International has a twelve month low of $20.17 and a twelve month high of $37.06. The company has a quick ratio of 1.13, a current ratio of 1.61 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $1.30 billion, a PE ratio of 36.57, a PEG ratio of 1.27 and a beta of 1.06.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. 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 research note on Thursday, November 14th. Stephens reiterated an "overweight" rating and issued a $45.00 price target on shares of Digi International in a research report on Thursday. StockNews.com raised 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 objective (up from $28.00) on shares of Digi International in a research note on Thursday, November 14th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $36.75.

Insider Activity

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

Digi International Company Profile

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.