Digi International (NASDAQ:DGII) Releases Q1 2027 Earnings Guidance

Digi International (NASDAQ:DGII) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.710-0.750 for the period, compared to the consensus EPS estimate of 0.720. The company issued revenue guidance of $140.0 million-$144.0 million, compared to the consensus revenue estimate of $140.5 million. Digi International also updated its FY 2027 guidance to EPS.

Digi International Trading Down 12.7%

Shares of NASDAQ DGII opened at $58.44 on Friday. Digi International has a 52-week low of $36.89 and a 52-week high of $86.84. The company has a quick ratio of 0.78, a current ratio of 1.13 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $2.22 billion, a P/E ratio of 29.50 and a beta of 1.00. The stock’s 50 day moving average price is $72.31 and its two-hundred day moving average price is $63.96.

Digi International (NASDAQ:DGII) last issued its earnings results on Wednesday, November 11th. The technology company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.02. The company had revenue of $143.32 million during the quarter, compared to the consensus estimate of $140.27 million. Digi International had a return on equity of 13.21% and a net margin of 10.03%. Digi International’s quarterly revenue was up 25.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.26 earnings per share. Digi International has set its Q1 2027 guidance at 0.710-0.750 EPS. On average, analysts anticipate that Digi International will post 2.77 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. B. Riley Financial increased their price objective on shares of Digi International from $78.00 to $86.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Piper Sandler reduced their price target on shares of Digi International from $76.00 to $67.00 and set a “neutral” rating for the company in a research report on Thursday. Roth Capital set a $90.00 price target on shares of Digi International and gave the stock a “buy” rating in a research report on Thursday, August 6th. Stephens raised their price target on Digi International from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Finally, Zacks Research cut shares of Digi International from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $80.60.

Latest Digi International News

Investors following DGII have been watching these news items:

• Positive Sentiment: Fiscal Q4 revenue rose 25.3% year over year to $143.32 million, topping the $140.27 million consensus, while adjusted EPS of $0.78 beat estimates of $0.76. Digi International Q4 results
• Negative Sentiment: Investors appeared more concerned about the near-term outlook: first-quarter guidance of $140 million to $144 million in revenue and $0.71 to $0.75 EPS was broadly around consensus, while coverage flagged slower growth ahead. Q4 results and outlook
• Negative Sentiment: Commentary also pointed to near-term margin pressure and risks tied to acquisitions, tempering the positive revenue and ARR trends. Margin and acquisition risks

Digi International Company Profile

Digi International provides products and services for connecting, managing and securing devices used in the Internet of Things (IoT). Its offerings include cellular routers and gateways, embedded modules, console servers and other networking equipment, along with software and services for device management and remote monitoring. The company serves businesses and organizations across industries such as transportation, energy, healthcare, industrial automation and retail. Its solutions support deployments ranging from connected equipment and infrastructure to remote access and network management, with customers in markets around the world.