Digi International Inc. (DGII)

NASDAQ: DGII · Real-Time Price · USD
26.63
-0.01 (-0.04%)
Sep 18, 2024, 4:00 PM EDT - Market closed
-0.04%
Market Cap 969.74M
Revenue (ttm) 431.16M
Net Income (ttm) 17.01M
Shares Out 36.42M
EPS (ttm) 0.46
PE Ratio 59.27
Forward PE 13.57
Dividend n/a
Ex-Dividend Date n/a
Volume 135,459
Open 26.67
Previous Close 26.64
Day's Range 25.80 - 27.76
52-Week Range 20.17 - 32.90
Beta 1.07
Analysts Buy
Price Target 33.00 (+23.92%)
Earnings Date Nov 7, 2024

About DGII

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 acc... [Read more]

Sector Technology
Founded 1985
Employees 822
Stock Exchange NASDAQ
Ticker Symbol DGII
Full Company Profile

Financial Performance

In 2023, Digi International's revenue was $444.85 million, an increase of 14.59% compared to the previous year's $388.23 million. Earnings were $24.77 million, an increase of 27.79%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for DGII stock is "Buy." The 12-month stock price forecast is $33.0, which is an increase of 23.92% from the latest price.

Price Target
$33.0
(23.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Digi International Inc. (DGII) Q3 2024 Earnings Call Transcript

Digi International Inc. (NASDAQ:DGII) Q3 2024 Earnings Call August 7, 2024 5:00 PM ET Company Participants Ron Konezny - President and Chief Executive Officer Jamie Loch - Chief Financial Officer Con...

5 weeks ago - Seeking Alpha

Digi International Reports Third Fiscal Quarter 2024 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 ann...

6 weeks ago - Business Wire

Digi International to Release Third Fiscal Quarter 2024 Earnings Results and Host a Conference Call on August 7, 2024

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the third fiscal quarter 2024 on Wednesday, August 7, after market close, at approximately ...

2 months ago - Business Wire

Lowes Foods Selects SmartSense by Digi to Automate Asset Health Monitoring, Integrate Proactive Maintenance, and Digitize Food Safety

BOSTON--(BUSINESS WIRE)--Lowes Foods Selects SmartSense by Digi to Automate Asset Health Monitoring, Integrate Proactive Maintenance, and Digitize Food Safety.

3 months ago - Business Wire

SmartSense Inks Renewals and Upgrades with Three Leading Grocery Customers to Continue Amplifying Food Safety Offerings

BOSTON--(BUSINESS WIRE)--SmartSense Inks Renewals and Upgrades with Three Leading Grocery Customers to Continue Amplifying Food Safety Offerings.

4 months ago - Business Wire

Digi International Prevails in Patent Infringement Case

MINNEAPOLIS--(BUSINESS WIRE)--Digi International Prevails in Patent Infringement Case.

Other symbols: AIRG
4 months ago - Business Wire

Digi International Inc. (DGII) Q2 2024 Earnings Call Transcript

Digi International Inc. (NASDAQ:DGII) Q2 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Jamie Loch - Executive Vice President, Chief Financial Officer & Treasurer Ron Kone...

4 months ago - Seeking Alpha

Digi International Reports Second Fiscal Quarter 2024 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 ann...

5 months ago - Business Wire

Digi International Reveals 2024 Green Tech Customer Innovation Award Winners

MINNEAPOLIS--(BUSINESS WIRE)--Digi International Reveals 2024 Green Tech Customer Innovation Award Winners.

5 months ago - Business Wire

Digi International Expands Monitoring Portfolio with Launch of Digi Connect Sensor XRT-M Powered by Digi Axess

MINNEAPOLIS--(BUSINESS WIRE)--Digi International Expands Monitoring Portfolio with Launch of Digi Connect Sensor XRT-M Powered by Digi Axess.

5 months ago - Business Wire

Digi International Poised For Growth Despite Near-Term Earnings Slowdown

Digi International's earnings have consistently increased since 2020, although they are expected to grow at a slower rate this year and next year. It has initiatives that should reduce its costs and i...

5 months ago - Seeking Alpha

Digi International to Release Second Fiscal Quarter 2024 Earnings Results on May 1, 2024 and Host a Conference Call on May 2, 2024

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the second fiscal quarter 2024 on Wednesday, May 1, 2024, after market close. Ron Konezny, ...

5 months ago - Business Wire

Digi International to Unveil the New Digi ConnectCore® MP25 System-on-Module for Next-Gen Computer Vision Applications at Embedded World 2024

MINNEAPOLIS--(BUSINESS WIRE)--Digi International to unveil the new Digi ConnectCore® MP25 System-on-Module for next-gen computer vision applications at Embedded World 2024.

5 months ago - Business Wire

Digi International Unveils LifeCycle Assurance, Transforming Infrastructure Management with Proactive Support and Comprehensive Device Management

MINNEAPOLIS--(BUSINESS WIRE)--Digi International Unveils LifeCycle Assurance, Transforming Infrastructure Management with Proactive Support and Comprehensive Device Management.

6 months ago - Business Wire

Digi International Inc. (DGII) Q1 2024 Earnings Call Transcript

Digi International Inc. (DGII) Q1 2024 Earnings Call Transcript

8 months ago - Seeking Alpha

Digi International Reports First Fiscal Quarter 2024 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 ann...

8 months ago - Business Wire

Digi International to Release First Fiscal Quarter 2024 Earnings Results on January 31, 2024 and Host a Conference Call on February 1, 2024

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the first fiscal quarter 2024 on Wednesday, January 31, 2024, after market close. This i...

8 months ago - Business Wire

SparkFun and Digi International Announce Collaboration with the Release of XBee Development Tools to Support Cellular IoT from Sensor to Cloud

As a Digi International Value-Added Reseller (VAR) for OEMs, SparkFun brings the next generation of Digi XBee ® modules to market with a line of developer boards. BOULDER, Colo.

9 months ago - PRNewsWire

20 favorite small-cap stocks for 2024 among Wall Street analysts

The 2023 stock-market rally has been led by the “Magnificent Seven” companies, which have driven an accelerating upward trend for the large-cap benchmark S&P 500. Shares of smaller and medium-sized co...

9 months ago - Market Watch

Digi International Enters into New Senior Secured Credit Facility

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 ann...

10 months ago - Business Wire

Digi International: Patient Investors Will Likely Be Rewarded

Recent acquisitions boosted both revenues and profit margins. Revenue growth is expected to slow down after some strong years. Interest expenses have reached worrying levels due to a higher debt load ...

10 months ago - Seeking Alpha

Digi International Inc. (DGII) Q4 2023 Earnings Call Transcript

Digi International Inc. (NASDAQ:DGII) Q4 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Jamie Loch - Chief Financial Officer Ron Konezny - President and CEO Conferenc...

11 months ago - Seeking Alpha

Digi International Reports Fourth Fiscal Quarter and Full Fiscal 2023 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 ann...

11 months ago - Business Wire

Digi International to Release Fourth Fiscal Quarter and Full Fiscal 2023 Earnings Results and Host Conference Call on November 9, 2023

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the fourth fiscal quarter and full fiscal 2023 on Thursday, November 9, 2023, before mar...

1 year ago - Business Wire

New Research: A Quarter of US Network Engineers Are Set to Retire in Five Years

EDISON, N.J.--(BUSINESS WIRE)--New Research: A Quarter of US Network Engineers Are Set to Retire in Five Years.

1 year ago - Business Wire