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Digi International Inc is currently in a long term uptrend where the price is trading 4.7% above its 200 day moving average.
From a valuation standpoint, the stock is 85.4% cheaper than other stocks from the Technology sector with a price to sales ratio of 2.0.
Digi International Inc's total revenue rose by 17.4% to $73M since the same quarter in the previous year.
Its net income has dropped by 247.6% to $-307K since the same quarter in the previous year.
Finally, its free cash flow grew by 133.8% to $8M since the same quarter in the previous year.
Based on the above factors, Digi International Inc gets an overall score of 4/5.
Sector | Technology |
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Industry | Communication Equipment |
Exchange | F |
CurrencyCode | EUR |
ISIN | US2537981027 |
Market Cap | 880M |
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Dividend Yield | None |
Target Price | 26.75 |
Beta | 0.88 |
Digi International Inc. provides business and mission-critical Internet of Things (IoT) connectivity 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. The company also provides embedded system products under the Digi Connect, ConnectCore, and Rabbit brands; and infrastructure management products comprising serial servers, which offers serial port-to-Ethernet integration of devices into wired Ethernet networks; and universal serial bus solutions. In addition, it provides Digi Remote Manager and Lighthouse, a recurring revenue cloud-based service that offers a secure environment for customers to manage their connected device deployment and network devices; SmartSense by Digi for monitoring wirelessly the temperature of food and other perishable or sensitive goods, monitoring facilities or pharmacies by tracking the completion of operating tasks by employees, and quality control and incident management in food service, healthcare, and transportation/logistics industries; and Ventus for MNaaS solutions. Further, the company provides professional services, such as site planning, implementation management, application development, and customer training; data plan subscriptions; and enhanced technical support services, as well as Digi Wireless Design Services. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.
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