Digi International (NASDAQ:DGII) Releases Earnings Results, Misses Expectations By $0.07 EPS

Digi International (NASDAQ:DGIIGet Free Report) announced its quarterly earnings results on Wednesday. The technology company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.07), Zacks reports. Digi International had a net margin of 5.31% and a return on equity of 11.24%. Digi International updated its Q2 2025 guidance to 0.460-0.500 EPS.

Digi International Trading Up 0.1 %

NASDAQ:DGII traded up $0.02 during trading hours on Wednesday, hitting $30.41. The company had a trading volume of 301,946 shares, compared to its average volume of 202,562. Digi International has a 1 year low of $20.17 and a 1 year high of $34.82. The company has a market cap of $1.12 billion, a P/E ratio of 49.85, a P/E/G ratio of 1.11 and a beta of 1.06. The company has a 50-day moving average of $31.28 and a 200 day moving average of $29.59. The company has a current ratio of 1.73, a quick ratio of 1.13 and a debt-to-equity ratio of 0.21.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. StockNews.com upgraded Digi International from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 19th. Piper Sandler lifted their price objective on Digi International from $26.00 to $32.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Finally, Craig Hallum reissued a “hold” rating and set a $32.00 target price (up previously from $28.00) on shares of Digi International in a report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.75.

Get Our Latest Report on DGII

Insider Transactions at Digi International

In related news, VP Terrence G. Schneider sold 2,808 shares of Digi International stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $33.06, for a total value of $92,832.48. Following the completion of 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Satbir Khanuja sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $31.76, for a total transaction of $222,320.00. Following the completion of the transaction, the director now owns 83,255 shares in the company, valued at $2,644,178.80. This represents a 7.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,329 shares of company stock worth $332,361 in the last quarter. Company insiders own 3.30% of the company’s stock.

About Digi International

(Get Free Report)

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.

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Earnings History for Digi International (NASDAQ:DGII)

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