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Digi International Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Digi International Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Yahoo

time10-05-2025

  • Business
  • Yahoo

Digi International Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Shareholders of Digi International Inc. (NASDAQ:DGII) will be pleased this week, given that the stock price is up 15% to US$32.77 following its latest second-quarter results. Revenues were US$105m, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of US$0.28 were also better than expected, beating analyst predictions by 15%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Digi International after the latest results. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Following last week's earnings report, Digi International's six analysts are forecasting 2025 revenues to be US$423.2m, approximately in line with the last 12 months. Per-share earnings are expected to accumulate 7.0% to US$1.22. Before this earnings report, the analysts had been forecasting revenues of US$422.5m and earnings per share (EPS) of US$1.05 in 2025. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the nice increase in earnings per share expectations following these results. See our latest analysis for Digi International There's been no major changes to the consensus price target of US$37.17, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Digi International analyst has a price target of US$45.00 per share, while the most pessimistic values it at US$30.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation. Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that Digi International's revenue growth is expected to slow, with the forecast 2.2% annualised growth rate until the end of 2025 being well below the historical 11% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 7.3% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Digi International. The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Digi International following these results. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Digi International's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Digi International analysts - going out to 2027, and you can see them free on our platform here. It might also be worth considering whether Digi International's debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data

Digi Unveils MQTT for Digi Connect Sensor XRT-M to Transform IIoT Data Integration
Digi Unveils MQTT for Digi Connect Sensor XRT-M to Transform IIoT Data Integration

National Post

time06-05-2025

  • Business
  • National Post

Digi Unveils MQTT for Digi Connect Sensor XRT-M to Transform IIoT Data Integration

Article content Delivers low-latency, standards-based MQTT integration for scalable IIoT deployments across water, energy and industrial automation sectors Article content Article content MINNEAPOLIS — Digi International ®, (NASDAQ: DGII), a global leader in Internet of Things (IoT) connectivity solutions, today announced the release of MQTT for Digi Connect ® Sensor XRT-M, designed for water and wastewater management, oil and gas, and industrial automation applications. MQTT for the Digi Connect Sensor XRT-M is available now. Organizations seeking to simplify and accelerate their IIoT sensor connectivity can contact Digi Sales to schedule a demo and experience the future of industrial data integration firsthand. Article content With MQTT for Digi Connect Sensor XRT-M, we're eliminating the complexity of sensor data integration. Customers get a rapid setup, flexible reporting options, and industry-leading reliability — right out of the box. Article content This breakthrough offering sets a new benchmark for Industrial IoT (IIoT) connectivity by delivering seamless, instant sensor data integration for industries where speed and reliability are critical. Article content Why it matters: In today's industrial landscape, slow and complicated sensor integration can lead to costly downtime, inefficient operations, and missed insights. MQTT for the Digi Connect Sensor XRT-M addresses these challenges by offering rapid deployment, flexible data reporting, seamless integration with Digi Axess or standard MQTT brokers, and reliable, scalable data flow using the proven MQTT protocol. Article content 'For IIoT operators, time is money,' said Brian Kirkendall, VP and General Manager of Infrastructure Management at Digi International. 'With MQTT for Digi Connect Sensor XRT-M, we're eliminating the complexity of sensor data integration. Customers get a rapid setup, flexible reporting options, and industry-leading reliability — right out of the box.' Article content What sets it apart: MQTT for Digi Connect Sensor XRT-M goes beyond the standard with features designed to reduce friction and accelerate value. Article content Article content Article content Article content Article content Contacts Article content Article content Article content

Is Now The Time To Look At Buying Digi International Inc. (NASDAQ:DGII)?
Is Now The Time To Look At Buying Digi International Inc. (NASDAQ:DGII)?

Yahoo

time12-04-2025

  • Business
  • Yahoo

Is Now The Time To Look At Buying Digi International Inc. (NASDAQ:DGII)?

Digi International Inc. (NASDAQ:DGII), is not the largest company out there, but it saw a decent share price growth of 12% on the NASDAQGS over the last few months. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. As a stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, what if the stock is still a bargain? Today we will analyse the most recent data on Digi International's outlook and valuation to see if the opportunity still exists. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The share price seems sensible at the moment according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 26.74x is currently trading slightly above its industry peers' ratio of 24.83x, which means if you buy Digi International today, you'd be paying a relatively sensible price for it. And if you believe that Digi International should be trading at this level in the long run, then there should only be a fairly immaterial downside vs other industry peers. In addition to this, it seems like Digi International's share price is quite stable, which could mean there may be less chances to buy low in the future now that it's trading around the price multiples of other industry peers. This is because the stock is less volatile than the wider market given its low beta. See our latest analysis for Digi International Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 30% over the next couple of years, the future seems bright for Digi International. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? It seems like the market has already priced in DGII's positive outlook, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at DGII? Will you have enough conviction to buy should the price fluctuate below the industry PE ratio? Are you a potential investor? If you've been keeping an eye on DGII, now may not be the most advantageous time to buy, given it is trading around industry price multiples. However, the positive outlook is encouraging for DGII, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. It can be quite valuable to consider what analysts expect for Digi International from their most recent forecasts. Luckily, you can check out what analysts are forecasting by clicking here . If you are no longer interested in Digi International, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

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