Digi International (NASDAQ:DGII) Issues Q1 Earnings Guidance

Digi International (NASDAQ:DGII) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $0.46-0.50 for the period, compared to the consensus earnings per share estimate of $0.45. The company issued revenue guidance of $102-106 million, compared to the consensus revenue estimate of $104.75 million. Digi International also updated its Q1 2025 guidance to 0.460-0.500 EPS.

Wall Street Analyst Weigh In

DGII has been the topic of several analyst reports. Craig Hallum reiterated a “hold” rating and issued a $32.00 price objective (up previously from $28.00) on shares of Digi International in a report on Thursday. Piper Sandler boosted their price objective on Digi International from $26.00 to $32.00 and gave the company a “neutral” rating in a research report on Thursday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $36.20.

Digi International Stock Performance

Shares of DGII stock opened at $31.68 on Friday. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 51.93, a PEG ratio of 1.07 and a beta of 1.06. The stock has a fifty day moving average of $28.98 and a 200 day moving average of $26.75. Digi International has a 52 week low of $20.17 and a 52 week high of $34.08. The company has a quick ratio of 1.31, a current ratio of 2.00 and a debt-to-equity ratio of 0.27.

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.