How to Buy Digi International Stock
Digi International Inc
Digi International Inc. provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States and internationally.
Digi International stock last closed at $26.60, down 1.52% from the previous day, and has decreased 14.88% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.1 percentage points. Digi International stock is currently +25.18% from its 52-week low of $21.25, and -38.07% from its 52-week high of $42.95.
At the moment, there are 36.37M DGII shares outstanding. The market value of DGII is $967.56M. In the last 24 hours, 264,146 DGII shares were traded.
How to Buy Digi International Stock
Wondering how to invest in Digi International stock? Here's how.
- Figure out where to buy Digi International stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Digi International stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your details.
- Evaluate Digi International stock: The Digi International ticker symbol is DGII. Is Digi International stock a good investment? Should you buy shares of DGII? How do DGII's underlying business fundamentals look? Do top analysts think Digi International is a good buy? Why has DGII's stock price moved recently? (Hint: Our stock research website can help you figure out if DGII is a good stock to buy).
- Execute your DGII buy order: Decide if you will purchase DGII shares at the current market price or use a limit order to buy DGII shares at a given price.
- Get the latest scoop on your DGII investment: Create a watchlist to track your new investment in Digi International shares.
Step 1: Figure out where to buy Digi International stock
You will need an online brokerage account in order to access the NASDAQ market and buy DGII shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal info so you are able to buy DGII today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create a new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on a investment app, you need to deposit funds:
Check out the tutorial below for more details depositing money into your new brokerage account.
Step 4: Evaluate Digi International stock
After you have identified the best place to buy Digi International stock, it's very important to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the opportunity.
Digi International stock data
DGII Overview
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on DGII's stock page.
Is DGII stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge DGII's intrinsic value.
Using relative valuations measures:
- DGII could be overvalued based on its P/E ratio of 66.5x, relative to Communication Equipment industry P/E ratio of 7.78x
- DGII could be undervalued based on its P/B ratio of 1.76x, relative to Communication Equipment industry P/B ratio of 2.71x
You can access additional valuation research on DGII's stock here.
How do DGII Financials look?
Passed Health Checks:
- DGII's operating cash flow of $58.87M allows it to safely service it's debt of $187.47M.
- There are more short-term assets than short-term liabilities on the DGII balance sheet.
Failed Health Checks:
- DGII earnings of $36.46M is not enough to cover its interest payments.
- DGII has a relatively high debt to equity ratio of 0.5.
- Total DGII debt is higher than 5 years ago, relative to shareholder equity.
- DGII profit margin has gone down from 6.3% to 3.2% in the past year.
- There are more long-term liabilities than short-term assets on the DGII balance sheet.
Is DGII stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Equities analysts who give forecasts on DGII, the consensus analyst rating on Digi International is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Digi International stock forecast page.
DGII Technicals
How are DGII Revenues/Earnings doing?
Last year, DGII earnings were $14.03M. During the last five year, DGII's earnings have increased by -2.33% per year. This was slower than the Communication Equipment industry average of 4.37%.
Last year, DGII revenue was $438.19M. Over the last 5 year, DGII's revenue has grown by 11.39% per year. This was faster than the Communication Equipment industry average of 3.95%.
You can analyze DGII's earnings and revenue performance here.
Are DGII insiders buying or selling the stock?
In the last 12 months, insiders at DGII have sold more shares than they have bought.
Ronald Konezny, PRESIDENT AND CEO of DGII, was the latest DGII insider to sell. They sold $360,163.40 worth of DGII stock on Feb 4, 2024.
Dig into more about who owns DGII shares here.
Can I rely on DGII as an income stream?
No, Digi International doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your DGII buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you want more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your DGII investment
Now that you own some shares in DGII, you'll want to stay up-to-date on your investment.
Make a watchlist to see the latest developments about your DGII stock.
DGII Feed
How to Buy Stock in Digi International
To reiterate, here are the 6 steps to buy stock in Digi International:
- Figure out where to buy Digi International stock
- Open a brokerage account
- Deposit funds into your investment account
- Evaluate Digi International stock
- Execute your DGII buy order
- Get the latest scoop on your DGII investment
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your new investment in Digi International, click below.
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