Digi International Inc. (DGII)

NASDAQ: DGII · IEX Real-Time Price · USD
22.24
0.28 (1.28%)
May 27, 2022 11:16 AM EDT - Market open
Market Cap780.29M
Revenue (ttm)337.16M
Net Income (ttm)11.78M
Shares Out35.08M
EPS (ttm)0.33
PE Ratio67.19
Forward PE16.69
Dividendn/a
Ex-Dividend Daten/a
Volume26,891
Open22.13
Previous Close21.96
Day's Range21.99 - 22.49
52-Week Range18.54 - 25.63
Beta1.54
AnalystsBuy
Price Target31.88 (+43.3%)
Earnings DateMay 4, 2022

About DGII

Digi International Inc. provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States 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 ce...

IndustryCommunications Equipment
Founded1985
CEORonald Konezny
Employees659
Stock ExchangeNASDAQ
Ticker SymbolDGII
Full Company Profile

Financial Performance

In 2021, DGII's revenue was $308.63 million, an increase of 10.51% compared to the previous year's $279.27 million. Earnings were $10.37 million, an increase of 23.24%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for DGII stock is "Buy." The 12-month stock price forecast is 31.88, which is an increase of 43.35% from the latest price.

Price Target
$31.88
(43.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

More Than Half of CIOs and Network Engineers Cite Cybersecurity as Top Risk in Digital Transformation

EDISON, N.J.--(BUSINESS WIRE)--Opengear Research Highlights That More Than Half of CIOs and Network Engineers Cite Cybersecurity as a Top Risk in Digital Transformation

2 days ago - Business Wire

Digi International Introduces Digi XBee Intelligent Edge Controller (lEC) Solution for Industrial Remote Asset Monito...

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International Introduces Digi XBee Intelligent Edge Controller (lEC) Solution for Industrial Remote Asset Monitoring and Control.

4 days ago - Business Wire

Digi International Introduces Digi IX30 Cellular Router Solution for Harsh Environments and Industry 4.0 Adoption

HOPKINS, Minn.--(BUSINESS WIRE)--Digi unveils its IX30 cellular router solution for harsh environments, providing edge intelligence in a ruggedized, industry-leading design.

4 days ago - Business Wire

Digi International 2021 Channel Awards Honors IoT Products and Services' Distributor and Channel Partners for Excellence

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International 2021 Channel Awards Honors IoT Products and Services' Distributor and Channel Partners for Excellence

1 week ago - Business Wire

Digi International (DGII) Tops Q2 Earnings and Revenue Estimates

Digi International (DGII) delivered earnings and revenue surprises of 17.14% and 5.97%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Digi International Reports Second Fiscal Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today annou...

3 weeks ago - Business Wire

Digi International Announces 2022 Green Tech Customer Innovation Award Winners

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International announces the 2022 Green Tech Customer Innovation Award winners, recognizing the best green tech innovations.

1 month ago - Business Wire

Digi International to Release Second Fiscal Quarter 2022 Earnings Results and Host Conference Call on May 4, 2022

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII), a leading global provider of mission-critical Internet of Things (IoT) products, services and solutions, will release its financ...

1 month ago - Business Wire

Giant Eagle Extends Its Leadership in Food Safety With Adoption of SmartSense IoT Framework Across All Supermarkets

BOSTON--(BUSINESS WIRE)--Giant Eagle Extends Its Leadership in Food Safety with Adoption of SmartSense IoT Framework Across all Supermarkets.

2 months ago - Business Wire

Complete, Rapid Roll-out Solutions for Traffic Management from AT&T and Digi Now Available via NASPO

HOPKINS, Minn.--(BUSINESS WIRE)--Complete, rapid roll-out solutions for traffic management from AT&T and Digi now available via NASPO.

3 months ago - Business Wire

Digi International (DGII) Beats Q1 Earnings and Revenue Estimates

Digi International (DGII) delivered earnings and revenue surprises of 16.13% and 0.85%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Digi International Reports First Fiscal Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today annou...

3 months ago - Business Wire

Digi Names Guy Yehiav President of SmartSense by Digi

BOSTON--(BUSINESS WIRE)--Guy Yehiav appointed President of SmartSense by Digi bringing world-class track record to leading global provider.

3 months ago - Business Wire

Digi International Announces Digi IX20 Cellular Router for 450 MHz, Joins 450 MHz Alliance

HOPKINS, Minn.--(BUSINESS WIRE)--Digi launches the 450 MHz version of its IX20 cellular router for utilities and critical infrastructure applications and joins the 450 MHz Alliance.

3 months ago - Business Wire

Digi International (DGII) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Digi International (DGII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Digi International to Release First Fiscal Quarter 2022 Earnings Results and Host Conference Call on February 2nd, 2022

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII), a leading global provider of mission-critical Internet of Things (IoT) products, services and solutions, will release its financ...

4 months ago - Business Wire

Digi International Unveils Connect EZ Family of Device Servers

HOPKINS, Minn.--(BUSINESS WIRE)--Digi announces the launch of Connect EZ®, providing connectivity for business, commercial, and industrial automation applications.

5 months ago - Business Wire

Digi International Named as CES 2022 Innovation Awards Honoree

HOPKINS, Minn.--(BUSINESS WIRE)--Digi named a CES® 2022 Innovation Awards Honoree in the Smart Cities category for its TX64 5G/LTE-Advanced Cellular Router.

6 months ago - Business Wire

Digi International Selects ISMOsys as its Pan-EMEA Sales Representative for Digi ConnectCore and Digi XBee as Well as...

MUNICH--(BUSINESS WIRE)--Digi announces it has appointed ISMOsys its pan-European sales representative covering the DACH region, Nordics, Italy, France, and the U.K.

6 months ago - Business Wire

Digi International (DGII) Q4 Earnings and Revenues Top Estimates

Digi International (DGII) delivered earnings and revenue surprises of 62.50% and 1.83%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Digi International Reports Fourth Fiscal Quarter and Full Fiscal 2021 results Record Annual Revenue of $309M, ARR gro...

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today annou...

6 months ago - Business Wire

Digi International Pilot Project with Chicago Transit Authority and City Tech Wins IoT Deployment of the Year Award

HOPKINS, Minn.--(BUSINESS WIRE)--Digi's project with the Chicago Transit Authority (CTA) and City Tech Collaborative has received the IoT Deployment of the Year Award from IoT World.

6 months ago - Business Wire

Analysts Estimate Digi International (DGII) to Report a Decline in Earnings: What to Look Out for

Digi International (DGII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Digi International Acquires Ventus Holdings, Leader in Managed Network-as-a-Service

HOPKINS, Minn.--(BUSINESS WIRE)--Digi announces acquisition of Ventus Holdings, a leader in MNaaS solutions that simplify the complexity of enterprise WAN connectivity.

6 months ago - Business Wire

Digi International Appoints TOPAS as a European Distributor for its Embedded Products Portfolio

MUNICH--(BUSINESS WIRE)--Digi International appoints TOPAS electronic AG (TOPAS) as its distributor in Germany, Switzerland and Austria.

7 months ago - Business Wire