Digi International Surpasses Q4 Earnings and Revenue Estimates

DGII Stock  USD 32.67  0.03  0.09%   
Under 54% of Digi International's investor base is interested to short. The analysis of overall sentiment of trading Digi International stock suggests that many investors are impartial at this time. Digi International's investing sentiment shows overall attitude of investors towards Digi International.
  
Digi International delivered earnings and revenue surprises of 4 percent and 0.89, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock

Read at finance.yahoo.com
Yahoo News
  

Digi International Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Digi International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Digi International Fundamental Analysis

We analyze Digi International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digi International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digi International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Cash Flow From Operations

Cash Flow From Operations Comparative Analysis

Digi International is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Digi International Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Digi International stock to make a market-neutral strategy. Peer analysis of Digi International could also be used in its relative valuation, which is a method of valuing Digi International by comparing valuation metrics with similar companies.

Peers

Digi International Related Equities

CMTLComtech Telecommunicatio   7.36   
0%
100.0%
TSATTelesat Corp   6.56   
0%
89.0%
MYNAMynaric AG   1.46   
0%
19.0%
HLITHarmonic   0.64   
0%
8.0%
ITRNIturan Location   0.37   
0%
5.0%
JNPRJuniper Networks   0.14   
0%
1.0%
KVHIKVH Industries   0.18   
2.0%
0%
KNKnowles Cor   0.21   
2.0%
0%
AVNWAviat Networks   0.25   
3.0%
0%
ADTNADTRAN   2.10   
28.0%
0%
CIENCiena Corp   2.38   
32.0%
0%
CLFDClearfield   2.98   
40.0%
0%
EXTRExtreme Networks   3.07   
41.0%
0%
NTGRNETGEAR   4.11   
55.0%
0%

Complementary Tools for Digi Stock analysis

When running Digi International's price analysis, check to measure Digi International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digi International is operating at the current time. Most of Digi International's value examination focuses on studying past and present price action to predict the probability of Digi International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digi International's price. Additionally, you may evaluate how the addition of Digi International to your portfolios can decrease your overall portfolio volatility.
Stocks Directory
Find actively traded stocks across global markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
FinTech Suite
Use AI to screen and filter profitable investment opportunities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing