Digi International (NASDAQ:DGII – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.460-0.500 for the period, compared to the consensus earnings per share 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.
Analysts Set New Price Targets
Several analysts have recently weighed in on DGII shares. Craig Hallum reaffirmed a “hold” rating and set a $32.00 price objective (up previously from $28.00) on shares of Digi International in a report on Thursday, November 14th. Stephens reaffirmed an “overweight” rating and set a $45.00 price target on shares of Digi International in a research note on Thursday. Piper Sandler raised their price objective on shares of Digi International from $26.00 to $32.00 and gave the company 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 note on Thursday, December 19th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Digi International currently has an average rating of “Moderate Buy” and an average target price of $36.75.
Read Our Latest Research Report on DGII
Digi International Stock Up 20.9 %
Digi International (NASDAQ:DGII – Get Free Report) last issued its earnings results on Wednesday, February 5th. The technology company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.07). Digi International had a net margin of 5.31% and a return on equity of 11.24%. On average, analysts anticipate that Digi International will post 1.65 EPS for the current year.
Insider Buying and Selling
In related news, VP Terrence G. Schneider sold 2,808 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $33.06, for a total value of $92,832.48. Following the transaction, the vice president now directly owns 39,002 shares in the company, valued at $1,289,406.12. This trade represents a 6.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 value of $222,320.00. Following the sale, the director now directly owns 83,255 shares of the company’s stock, valued at approximately $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. In the last ninety days, insiders sold 10,329 shares of company stock valued at $332,361. Insiders own 3.30% of the company’s stock.
About Digi International
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
- Dividend Capture Strategy: What You Need to Know
- Price Plunge in Roblox Presents Opportunity for Robust Gains
- The 3 Best Retail Stocks to Shop for in August
- Billions in Buybacks: 4 Stocks Rewarding Shareholders Now
- What is the Dogs of the Dow Strategy? Overview and Examples
- 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.