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

Digi International (NASDAQ:DGII) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.460-0.500 for the period, compared to the consensus 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 Performance

DGII stock opened at $31.41 on Friday. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 51.49, a P/E/G ratio of 1.07 and a beta of 1.06. Digi International has a 12 month low of $20.17 and a 12 month high of $34.08. The firm has a 50 day moving average of $29.05 and a two-hundred day moving average of $26.78. The company has a quick ratio of 1.31, a current ratio of 2.00 and a debt-to-equity ratio of 0.27.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on DGII. 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 research report on Thursday. Piper Sandler lifted their price target on shares of Digi International from $26.00 to $32.00 and gave the company a “neutral” rating in a report on Thursday. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Digi International has a consensus rating of “Moderate Buy” and a consensus price target of $36.75.

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.