William Priesmeyer - Digi International Independent Director

DGII Stock  USD 30.95  0.36  1.18%   

Director

Mr. William N. Priesmeyer is no longer NonExecutive Chairman of the Board of the Company., effective on January 29, 2018. Mr. Priesmeyer was a member of our Board of Directors since November 2005 and began serving as our nonexecutive Chairman on December 17, 2014. He was the Chief Executive Officer of Cymbet Corporationrationration, a manufacturer of solid state storage devices for the semiconductor industry, from 2001 until his retirement in 2014. Mr. Priesmeyer served as Senior Vice President and Chief Financial Officer of Jostens Inc., a producer of educational products, from 1997 to 2001. Prior to that, he held Chief Financial Officer positions at Waldorf Corporationrationration, DataCard Corporation and Onan Corporation and was a Vice President at The Pillsbury Company. Mr. Priesmeyer began his career at Xerox Corporationrationration. As a former chief executive officer and board member of a technology company in the semiconductor industry, Mr. Priesmeyer brings to our Board extensive leadership experience in corporate strategy, manufacturing, operations, technology and finance. In addition, Mr. Priesmeyer has held chief financial officer positions in both publicly held and private companies where he employed his expertise overseeing all global financial, mergers and acquisitions, and risk management functions on a daily basis. Mr. Priesmeyer provides a continuous improvement perspective towards Company financial performance and operations for the Board. Mr. Priesmeyers experience qualifies him as an Audit Committee financial expert. since 2014.
Age 70
Tenure 10 years
Address 9350 Excelsior Boulevard, Hopkins, MN, United States, 55343
Phone952 912 3444
Webhttps://www.digi.com

Digi International Management Efficiency

The company has return on total asset (ROA) of 0.0373 % which means that it generated a profit of $0.0373 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0303 %, meaning that it created $0.0303 on every $100 dollars invested by stockholders. Digi International's management efficiency ratios could be used to measure how well Digi International manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Digi International's Return On Capital Employed is decreasing as compared to previous years. The Digi International's current Return On Assets is estimated to increase to 0.06, while Return On Tangible Assets are projected to decrease to 0.08. As of now, Digi International's Other Current Assets are increasing as compared to previous years. The Digi International's current Intangible Assets is estimated to increase to about 334.6 M, while Total Current Assets are projected to decrease to under 129 M.
The company currently holds 203.57 M in liabilities with Debt to Equity (D/E) ratio of 0.57, which is about average as compared to similar companies. Digi International has a current ratio of 1.75, which is within standard range for the sector. Debt can assist Digi International until it has trouble settling it off, either with new capital or with free cash flow. So, Digi International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Digi International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Digi to invest in growth at high rates of return. When we think about Digi International's use of debt, we should always consider it together with cash and equity.

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Digi International Inc. provides business and mission-critical Internet of Things products, services, and solutions in the United States and internationally. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota. Digi Intl operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 659 people. Digi International (DGII) is traded on NASDAQ Exchange in USA. It is located in 9350 Excelsior Boulevard, Hopkins, MN, United States, 55343 and employs 822 people. Digi International is listed under Communications Equipment category by Fama And French industry classification.

Management Performance

Digi International Leadership Team

Elected by the shareholders, the Digi International's board of directors comprises two types of representatives: Digi International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Digi. The board's role is to monitor Digi International's management team and ensure that shareholders' interests are well served. Digi International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Digi International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Spiro Lazarakis, Director
Jeff Liebl, Chief Marketing Officer, Vice President
Terrence Schneider, Senior Management
Michael Dannenfeldt, Senior Vice President - Etherios Solutions
James Loch, CFO, Senior Vice President Treasurer
Sam Lazarakis, Director
Sally Smith, Director
Jon Nyland, VP of Manufacturing Operations and Quality
Tracy Roberts, Vice President - Human Resources and Information Technology
Chris Bowen, Vice President - Sales, EMEA Region
Guy Jackson, Independent Director
Brian Kirkendall, Senior Management
Chris Heim, Director
Ronald Konezny, CEO and President and Director
Michael Goergen, CFO, Sr. VP and Treasurer
Steve Ericson, Senior Solutions
Mandi Karasek, VP HR
Michael Ueland, Senior Vice President - Global Sales
Jamie Williams, Vice President General Manager - Lead Cold Chain Solutions
Gokul Hemmady, CFO, Senior Vice President Treasurer
Ahmed Nawaz, Lead Independent Director
Kenneth Millard, Independent Director
Brian Ballenger, Interim Treasurer and Acting Principal Financial Officer and Principal Accounting Officer
Satbir Khanuja, Independent Director
Justin Schmid, Senior Solutions
James Freeland, VP Officer
William Priesmeyer, Independent Director
Gary Marks, Senior Opengear
Christopher Heim, Director
Joel Young, Chief Technical Officer and Sr. VP of RandD
David Sampsell, VP, General Counsel and Corporate Secretary
Joel Vengco, SmartSense Member
Tom Caden, IR Contact Officer
Kevin Riley, COO
Girish Rishi, Independent Director
Radha Chavali, VP Officer

Digi Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Digi International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Digi International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Digi International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Digi International will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Digi International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digi International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Digi International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Digi International to buy it.
The correlation of Digi International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Digi International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digi International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Digi International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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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.
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Is Digi International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digi International. If investors know Digi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digi International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.45)
Earnings Share
0.43
Revenue Per Share
12.285
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0373
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digi International's market value can be influenced by many factors that don't directly affect Digi International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.