Digi International Stock Buy Hold or Sell Recommendation
| DGII Stock | USD 30.73 0.33 1.09% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Digi International is 'Strong Hold'. Macroaxis provides Digi International buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DGII positions. The advice algorithm takes into account all of Digi International's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Digi International's buy or sell advice are summarized below:
Real Value 39.27 | Target Price 47.86 | Hype Value 30.44 | Market Value 30.73 | Naive Value 29.15 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Digi International given historical horizon and risk tolerance towards Digi International. When Macroaxis issues a 'buy' or 'sell' recommendation for Digi International, the advice is generated through an automated system that utilizes algorithms and statistical models.
Digi |
Execute Digi International Buy or Sell Advice
The Digi recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Digi International. Macroaxis does not own or have any residual interests in Digi International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Digi International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Digi International Trading Alerts and Improvement Suggestions
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Digi International Reveals 2024 Green Tech Customer Innovation Award Winners |
Digi International Returns Distribution Density
The distribution of Digi International's historical returns is an attempt to chart the uncertainty of Digi International's future price movements. The chart of the probability distribution of Digi International daily returns describes the distribution of returns around its average expected value. We use Digi International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Digi International returns is essential to provide solid investment advice for Digi International.
| Mean Return | 0.41 | Value At Risk | -3.42 | Potential Upside | 4.23 | Standard Deviation | 2.67 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Digi International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Digi Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Digi International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Digi International backward and forwards among themselves. Digi International's institutional investor refers to the entity that pools money to purchase Digi International's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | New York State Common Retirement Fund | 2023-12-31 | 676.7 K | Northern Trust Corp | 2023-12-31 | 565.2 K | Global Alpha Capital Management Ltd. | 2023-12-31 | 532.8 K | Fort Washington Investment Advisors Inc | 2023-12-31 | 460.9 K | Wells Fargo & Co | 2023-12-31 | 458.6 K | Punch & Associates Inv Mgmt Inc | 2023-12-31 | 440.7 K | Royal Bank Of Canada | 2023-12-31 | 384.4 K | Ameriprise Financial Inc | 2023-12-31 | 356.1 K | Wasatch Advisors Lp | 2023-12-31 | 331 K | Blackrock Inc | 2023-12-31 | 5.9 M | Conestoga Capital Advisors, Llc | 2023-12-31 | 3.6 M |
Digi International Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (11.1M) | 4.7M | (41.4M) | (5.1M) | (4.6M) | (4.8M) | |
| Change In Cash | (38.7M) | 98.3M | (117.5M) | (3.2M) | (2.9M) | (2.7M) | |
| Free Cash Flow | 33.6M | 55.5M | 35.8M | 32.4M | 37.3M | 39.1M | |
| Depreciation | 19.3M | 20.9M | 37.6M | 6.8M | 7.8M | 10.4M | |
| Other Non Cash Items | 5.0M | 9.4M | 940K | 28.2M | 32.4M | 34.0M | |
| Capital Expenditures | 899K | 2.3M | 2.0M | 4.3M | 3.9M | 3.6M | |
| Net Income | 8.4M | 10.4M | 19.4M | 24.8M | 28.5M | 29.9M | |
| End Period Cash Flow | 54.1M | 152.4M | 34.9M | 31.7M | 36.4M | 41.3M | |
| Change To Netincome | 4.0M | 8.9M | 26.5M | 18.4M | 21.1M | 22.2M | |
| Investments | (137.0M) | (21.4M) | (349.5M) | (4.3M) | (3.9M) | (4.1M) |
Digi International Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Digi International or Communications Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Digi International's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Digi stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.18 | |
β | Beta against NYSE Composite | 2.62 | |
σ | Overall volatility | 2.66 | |
Ir | Information ratio | 0.12 |
Digi International Volatility Alert
Digi International currently demonstrates below-average downside deviation. It has Information Ratio of 0.12 and Jensen Alpha of 0.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Digi International's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Digi International's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Digi International Fundamentals Vs Peers
Comparing Digi International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Digi International's direct or indirect competition across all of the common fundamentals between Digi International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Digi International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Digi International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Digi International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Digi International to competition |
| Fundamentals | Digi International | Peer Average |
| Return On Equity | 0.0303 | -0.31 |
| Return On Asset | 0.0373 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 1.28 B | 16.62 B |
| Shares Outstanding | 36.26 M | 571.82 M |
| Shares Owned By Insiders | 2.33 % | 10.09 % |
| Shares Owned By Institutions | 97.67 % | 39.21 % |
| Number Of Shares Shorted | 2.69 M | 4.71 M |
| Price To Earning | 162.41 X | 28.72 X |
| Price To Book | 2.07 X | 9.51 X |
| Price To Sales | 2.54 X | 11.42 X |
| Revenue | 444.85 M | 9.43 B |
| Gross Profit | 221.58 M | 27.38 B |
| EBITDA | 50.09 M | 3.9 B |
| Net Income | 24.77 M | 570.98 M |
| Cash And Equivalents | 41.52 M | 2.7 B |
| Cash Per Share | 1.18 X | 5.01 X |
| Total Debt | 203.57 M | 5.32 B |
| Debt To Equity | 0.57 % | 48.70 % |
| Current Ratio | 1.79 X | 2.16 X |
| Book Value Per Share | 14.95 X | 1.93 K |
| Cash Flow From Operations | 36.75 M | 971.22 M |
| Short Ratio | 20.68 X | 4.00 X |
| Earnings Per Share | 0.43 X | 3.12 X |
| Price To Earnings To Growth | 1.00 X | 4.89 X |
| Target Price | 39.33 | |
| Number Of Employees | 822 | 18.84 K |
| Beta | 1.22 | -0.15 |
| Market Capitalization | 1.1 B | 19.03 B |
| Total Asset | 835.53 M | 29.47 B |
| Retained Earnings | 224.84 M | 9.33 B |
| Working Capital | 80.22 M | 1.48 B |
Note: Acquisition by David Sampsell of 5449 shares of Digi International subject to Rule 16b-3 [view details]
Digi International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Digi . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Digi International Buy or Sell Advice
When is the right time to buy or sell Digi International? Buying financial instruments such as Digi Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 28.8M | 28.0M | 32.2M | 33.8M | Total Assets | 853.9M | 835.5M | 960.9M | 1.0B |
Use Investing Ideas to Build Portfolios
In addition to having Digi International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Check out Digi International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Digi Stock analysis
When running Digi International's price analysis, check to measure Digi International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digi International is operating at the current time. Most of Digi International's value examination focuses on studying past and present price action to predict the probability of Digi International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digi International's price. Additionally, you may evaluate how the addition of Digi International to your portfolios can decrease your overall portfolio volatility.
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Is Digi International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digi International. If investors know Digi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digi International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.45) | Earnings Share 0.43 | Revenue Per Share 12.285 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0373 |
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digi International's market value can be influenced by many factors that don't directly affect Digi International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.