Digi International Stock Today

DGII Stock  USD 33.64  0.69  2.09%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Digi International is trading at 33.64 as of the 26th of November 2024. This is a 2.09 percent increase since the beginning of the trading day. The stock's open price was 32.95. Digi International has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for Digi International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2022 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
26th of March 1990
Category
Technology
Classification
Information Technology
Digi International Inc. provides business and mission-critical Internet of Things products, services, and solutions in the United States and internationally. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota. Digi Intl operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. The company has 36.42 M outstanding shares of which 2.84 M shares are currently shorted by private and institutional investors with about 18.68 trading days to cover. More on Digi International

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Digi Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO and President and DirectorRonald Konezny
Thematic Ideas
(View all Themes)
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, IT, Wireless, Information Technology, Communications Equipment, Communication Equipment, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02620.0276
Notably Down
Slightly volatile
Asset Turnover0.950.5203
Way Up
Slightly volatile
Gross Profit Margin0.590.5893
Slightly Up
Slightly volatile
Total Current Liabilities103.8 M98.9 M
Sufficiently Up
Slightly volatile
Total AssetsB960.9 M
Sufficiently Up
Slightly volatile
Total Current Assets129 M191.1 M
Way Down
Slightly volatile
Debt Levels
Digi International can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Digi International's financial leverage. It provides some insight into what part of Digi International's total assets is financed by creditors.
Liquidity
Digi International currently holds 220.91 M in liabilities with Debt to Equity (D/E) ratio of 0.57, which is about average as compared to similar companies. Digi International has a current ratio of 1.75, which is within standard range for the sector. Note, when we think about Digi International's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(20.08 Million)
Digi International (DGII) is traded on NASDAQ Exchange in USA. It is located in 9350 Excelsior Boulevard, Hopkins, MN, United States, 55343 and employs 13 people. Digi International is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.2 B. Digi International conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 36.42 M outstanding shares of which 2.84 M shares are currently shorted by private and institutional investors with about 18.68 trading days to cover. Digi International currently holds about 41.52 M in cash with 83.09 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.18.
Check Digi International Probability Of Bankruptcy
Ownership Allocation
The majority of Digi International outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Digi International to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Digi International. Please pay attention to any change in the institutional holdings of Digi International as this could imply that something significant has changed or is about to change at the company.
Check Digi Ownership Details

Digi Stock Institutional Holders

InstituionRecorded OnShares
New York State Common Retirement Fund2024-09-30
659 K
Global Alpha Capital Management Ltd.2024-06-30
554.6 K
Morgan Stanley - Brokerage Accounts2024-06-30
530.5 K
Northern Trust Corp2024-09-30
515.8 K
Adage Capital Partners Gp Llc2024-06-30
435 K
Wells Fargo & Co2024-06-30
419.6 K
Royal Bank Of Canada2024-06-30
346.5 K
Ameriprise Financial Inc2024-06-30
340.1 K
Envestnet Asset Management Inc2024-09-30
330.1 K
Blackrock Inc2024-06-30
M
Conestoga Capital Advisors, Llc2024-09-30
3.4 M
View Digi International Diagnostics

Digi International Historical Income Statement

As of now, Digi International's Gross Profit is increasing as compared to previous years. The Digi International's current Other Operating Expenses is estimated to increase to about 394.8 M, while Selling General Administrative is projected to decrease to under 37.7 M. View More Fundamentals

Digi Stock Against Markets

Digi International Corporate Management

James FreelandVP OfficerProfile
Mandi KarasekVP HRProfile
Terrence SchneiderSenior ManagementProfile
Brian BallengerInterim Treasurer and Acting Principal Financial Officer and Principal Accounting OfficerProfile
Justin SchmidSenior SolutionsProfile
Gary MarksSenior OpengearProfile
When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Communications Equipment space 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
0.881
Earnings Share
0.61
Revenue Per Share
11.677
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0364
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.