Digi International, Inc [DGII] stock is trading at $37.57, down -1.42%. An important factor to consider is whether the stock is rising or falling in short-term value. The DGII shares have gain 5.18% over the last week, with a monthly amount glided 12.52%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Digi International, Inc [NASDAQ: DGII] stock has seen the most recent analyst activity on November 14, 2024, when Craig Hallum downgraded its rating to a Hold and also boosted its price target to $32 from $28. Previously, Piper Sandler downgraded its rating to Neutral on May 22, 2024, and dropped its price target to $29. On November 15, 2023, B. Riley Securities initiated with a Buy rating and assigned a price target of $34 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $41 on September 08, 2022. Stephens initiated its recommendation with a Overweight and recommended $36 as its price target on June 02, 2022. Piper Sandler started tracking with a Overweight rating for this stock on March 09, 2021, and assigned it a price target of $29. In a note dated February 04, 2021, Craig Hallum reiterated a Buy rating on this stock and boosted its target price from $22 to $28.
Digi International, Inc [DGII] stock has fluctuated between $22.39 and $38.64 over the past year. Currently, Wall Street analysts expect the stock to reach $33 within the next 12 months. Digi International, Inc [NASDAQ: DGII] shares were valued at $37.57 at the most recent close of the market. An investor can expect a potential drop of -12.16% based on the average DGII price forecast.
Analyzing the DGII fundamentals
Digi International, Inc [NASDAQ:DGII] reported sales of 420.94M for the trailing twelve months, which represents a growth of 2.20%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.07 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
For context, Digi International, Inc’s Current Ratio is 1.43. On the other hand, the Quick Ratio is 1.03, and the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 3.31, the price to book ratio is 2.24 and price to earnings (TTM) ratio is 32.95.
Transactions by insiders
Recent insider trading involved Schneider Terrence G., VP, SUPPLY CHAIN, that happened on Nov 29 ’24 when 2808.0 shares were sold. VP, SUPPLY CHAIN, Schneider Terrence G. completed a deal on Nov 26 ’24 to sell 521.0 shares. Meanwhile, Officer Schneider Terrence G. bought 15407.0 shares on Nov 26 ’24.