Digi International Inc (NASDAQ: DGII) has reported E.P.S. of $0.18 for its fourth fiscal quarter (ending September 30) versus $0.32 for the same period a year ago — a decline of -44%. This performance was $-0.30 short of the consensus estimate of $0.48. E.P.S. were $0.69 for the latest four quarters through September 30 versus $0.55 for the same period a year ago — an increase of 25%.
Recent Price Action
Digi International Inc (NASDAQ: DGII) stock closed at $22.07 on 11/9/23 after a very large decline of -7.9%. Relative to the market the stock has been weak over the last nine months and has declined -5.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DGII is expected to continue to be a Value Builder.
Digi International has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Digi International has a neutral Appreciation Score of 58 and a slightly negative Power Rating of 37, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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