Digi International (NASDAQ:DGII – Get Free Report) updated its second quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.460-0.500 for the period, compared to the consensus estimate of 0.480. The company issued revenue guidance of $102.0 million-$106.0 million, compared to the consensus revenue estimate of $105.3 million.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on DGII shares. Craig Hallum reaffirmed a “hold” rating and issued a $32.00 price target (up previously from $28.00) on shares of Digi International in a research report on Thursday, November 14th. Stephens restated an “overweight” rating and set a $45.00 price target on shares of Digi International in a research note on Thursday. Piper Sandler increased their price target 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. Finally, StockNews.com raised Digi International from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 19th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Digi International currently has an average rating of “Moderate Buy” and a consensus price target of $36.75.
Check Out Our Latest Stock Report on DGII
Digi International Stock Up 20.9 %
Digi International (NASDAQ:DGII – Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.07). Digi International had a return on equity of 11.24% and a net margin of 5.31%. On average, sell-side analysts predict that Digi International will post 1.65 EPS for the current fiscal year.
Insider Buying and Selling
In other news, VP Terrence G. Schneider sold 2,808 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $33.06, for a total transaction of $92,832.48. Following the transaction, the vice president now owns 39,002 shares in the company, valued at approximately $1,289,406.12. This trade represents a 6.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Satbir Khanuja sold 7,000 shares of the firm’s stock in a transaction 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. The trade was 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 valued at $332,361 over the last three months. Company insiders own 3.30% of the company’s stock.
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.
Recommended Stories
- Five stocks we like better than Digi International
- How to Profit From Value Investing
- Price Plunge in Roblox Presents Opportunity for Robust Gains
- How to Invest in the Best Canadian StocksĀ
- Billions in Buybacks: 4 Stocks Rewarding Shareholders Now
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- 3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Receive News & Ratings for Digi International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digi International and related companies with MarketBeat.com's FREE daily email newsletter.