Digi International Inc. Stock Earnings Report NASDAQ:DGII
Current P/E ratio: 66.65 | Price (May 16, 2022, EOD): $21.56 (Find current average P/E ratios for all sectors below)
DGII Upcoming EarningsCurrently no data available.
DGII Analysts Price TargetsCurrently no data available.
About Digi International Inc.
Digi International Inc. provides Internet of Things networking hardware products and solutions that enable the connection, monitoring, and control of local or remote physical assets by electronic means. It provides cellular routers and gateway products; radio frequency products; Digi Connect, Rabbit, and ARM-based embedded systems on modules and single board computers; and microprocessors. The company also offers console servers; universal serial bus (USB) solutions, which comprise USB-to-serial converters, USB over IP products, and multiport USB hubs; and serial servers. In addition, it provides Digi Cold Chain Solutions, a system that enable restaurants, groceries, and convenience stores to monitor the temperature of food and other perishable goods; Digi device cloud, a platform as-a-service, which allows customers to collect, interpret, and utilize data from various devices to operate their businesses; and Digi Remote Manager, a centralized remote device management solution that allows customers to meet service level commitments and stay compliant with payment card industry standards, as well as to monitor, diagnose, and fix remote devices. Further, the company provides turn-key wireless networking product design, testing, and certification services for various technology platforms and applications; and enterprise support services, as well as implementation services that include support services for Digi Remote Manager Web service programming, code debugging, and review and application program interface assistance for Digi products or development kits. The company sells its products through a network of distributors, systems integrators, and value added resellers for a range of businesses and institutions, as well as to original equipment manufacturers and others in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Digi International Inc. was founded in 1985 and is headquartered in Minnetonka, Minnesota.
Last 3 Quarters for DGII Premium
Below you can see how DGII performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Average Sector P/E ratio
Is your stock priced above or below the average P/E ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. For example, a company with a current P/E of 25, trades at 25 times today's earnings.
|Name||Number of firms||Average PE|
|Auto & Truck||13||15|
|Bank (Money Center)||7||11|
|Brokerage & Investment Banking||39||14|
|Business & Consumer Services||165||32|
|Coal & Related Energy||22||7|
|Electronics (Consumer & Office)||20||18|
|Environmental & Waste Services||82||70|
|Financial Svcs. (Non-bank & Insurance)||232||36|
|Green & Renewable Energy||22||88|
|Healthcare Support Services||128||131|
|Heathcare Information and Technology||129||132|
|Investments & Asset Management||192||120|
|Metals & Mining||92||37|
|Office Equipment & Services||22||16|
|Oil/Gas (Production and Exploration)||269||19|
|Packaging & Container||24||43|
|Publishing & Newspapers||31||28|
|Real Estate (Development)||20||146|
|Real Estate (General/Diversified)||12||31|
|Real Estate (Operations & Services)||57||23|
|Retail (Building Supply)||17||202|
|Retail (Grocery and Food)||13||38|
|Retail (Special Lines)||89||25|
|Shipbuilding & Marine||10||30|
|Software (System & Application)||363||144|
|Total Market (without financials)||5878||62|
Updated: Jan 2020
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featured in The Global Fintech Index 2020 as the top Fintech company of the country.