Digi International (NASDAQ:DGII) Issues Q1 2025 Earnings Guidance

Digi International (NASDAQ:DGII) issued an update on its first 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 0.510. The company issued revenue guidance of $102.0 million-$106.0 million, compared to the consensus revenue estimate of $106.0 million. Digi International also updated its Q1 guidance to $0.46-0.50 EPS.

Digi International Stock Down 2.0 %

DGII stock traded down $0.65 during mid-day trading on Wednesday, reaching $31.97. The company had a trading volume of 399,548 shares, compared to its average volume of 192,405. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.00 and a quick ratio of 1.31. The stock has a 50 day simple moving average of $28.82 and a two-hundred day simple moving average of $26.70. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 70.48, a PEG ratio of 1.09 and a beta of 1.06. Digi International has a 52 week low of $20.17 and a 52 week high of $33.33.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Piper Sandler reduced their target price on shares of Digi International from $27.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, August 8th. Craig Hallum reduced their target price on shares of Digi International from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Digi International has a consensus rating of “Moderate Buy” and a consensus target price 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.