Digi International (DGII) Set to Announce Earnings on Wednesday

Digi International (NASDAQ:DGII) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, November 13th. Analysts expect the company to announce earnings of $0.42 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Digi International Trading Up 2.7 %

Shares of Digi International stock opened at $33.22 on Tuesday. The firm has a market capitalization of $1.21 billion, a PE ratio of 71.98, a price-to-earnings-growth ratio of 1.08 and a beta of 1.06. The company has a current ratio of 2.00, a quick ratio of 1.31 and a debt-to-equity ratio of 0.27. The firm’s 50 day moving average is $28.75 and its 200 day moving average is $26.68. Digi International has a 1 year low of $20.17 and a 1 year high of $33.33.

Analyst Ratings Changes

Several equities research analysts recently commented on DGII shares. Piper Sandler cut their target price on shares of Digi International from $27.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, August 8th. Craig Hallum cut their target price on shares of Digi International from $32.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $34.20.

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.