BUZZ-Digi International hits 18-month high after results, outlook

Reuters
02-06
BUZZ-Digi International hits 18-month high after results, outlook

** Digi Int'l DGII.O shares up 17.4% to $35.70 after reaching intraday high of $36.69, highest level since Aug.3, 2023

** The provider of internet connectivity products reported Q1 EPS in-line with analysts' estimates and forecast Q2 adjusted EPS between 46 cents to 50 cents on revenue of $102 mln to $106 mln; current Street estimate is 48 cents and $105.12 mln per LSEG data

** Stock on track for biggest daily pct jump since Aug 8 and sixth gain in the past 7 sessions

** Of the 5 analysts that cover DGII, the breakdown of recommendations are 3 "strong buy" or "buy" and 2 "hold" ratings

** Median price target of $38 is unchanged from a month ago and up from $33 on Nov 6

** DGII shares up ~18% YTD vs 1.5% rise in S&P 600 tech sector .SPSMCT

(Reporting by Chuck Mikolajczak)

((charles.mikolajczak@tr.com; @ChuckMik;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10