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. The company was founded in 1985 and is based in Minnetonka, Minnesota.
DGII Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for DGII, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Digi International Inc ranked in the 65th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 164.17%. In terms of the factors that were most noteworthy in this DCF analysis for DGII, they are:
The compound growth rate in the free cash flow of Digi International Inc over the past 5.52 years is 0.41%; that's better than 71.02% of cash flow producing equities in the Technology sector, where it is classified.
Digi International Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
RMNI, LDOS, PLXS, YNDX, and EEFT can be thought of as valuation peers to DGII, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Digi International®, (NASDAQ: DGII) (www.digi.com), a leading global provider of Internet of Things (IoT) connectivity products and services, today announced the latest release of Digi Remote Manager®, its device and network management cloud platform.
MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission-critical Internet of Things (IoT) products, services and solutions, announced today that Ron Konezny, Chief Executive Officer, and Jamie Loch, Chief Financial Officer, will participate in the following upcoming investor conferences in September: Colliers Securities Institutional Investor Conference, being held virtually, on Thursday, September 10th, 2020. Jefferies 2020 Softw
The markets are trending positive, after an earnings season that was less grim than predicted. With a majority of S&P listed companies having reported Q2 results, the fall-off in profits was not as bad as expected. On average, earnings are down 36%, a favorable comparison to the expected 44% declines. Even better, close to 85% of reporting have beaten the forecasts. This is an all-time high percentage, and a great sign of economic health despite the corona virus crisis.The better-than-expected earnings season is having a ripple effect in the stock markets. The S&P 500 and the NASDAQ indexes are both closing in on their own record levels, and are their trend lines are clearly positive. Looking at overall market conditions for investment firm Canaccord, equity strategist Toney Dwyer write...
Digi International Inc. (DGII) Q3 2020 Earnings Conference Call August 6, 2020 5:00 PM ET Company Participants Ron Konezny – President and Chief Executive Officer James Loch – Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants Anthony Stoss – Craig-Hallum Jaeson Schmidt – Lake Street Richard Eastman...