DigitalGlobe Inc. (NYSE:DGI) has been assigned an average rating of “Hold” from the ten brokerages that are currently covering the company. Seven equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $27.43.
A number of equities research analysts have recently weighed in on the stock. Piper Jaffray Cos. restated an “overweight” rating and issued a $32.00 price objective on shares of DigitalGlobe in a report on Wednesday, August 31st. Zacks Investment Research lowered shares of DigitalGlobe from a “buy” rating to a “hold” rating in a report on Wednesday, September 28th. Jefferies Group reiterated a “buy” rating and set a $30.00 price target on shares of DigitalGlobe in a report on Tuesday, September 13th. Benchmark Co. reiterated a “hold” rating and set a $20.00 price target on shares of DigitalGlobe in a report on Wednesday, September 21st. Finally, Dougherty & Co upped their price target on shares of DigitalGlobe from $33.00 to $35.00 and gave the company a “buy” rating in a report on Friday, July 29th.
DigitalGlobe (NYSE:DGI) opened at 26.28 on Monday. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 50.15 and a beta of 0.21. The firm has a 50 day moving average of $26.70 and a 200-day moving average of $23.04. DigitalGlobe has a 1-year low of $11.80 and a 1-year high of $28.33.
DigitalGlobe (NYSE:DGI) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.11. The firm earned $175.50 million during the quarter, compared to analyst estimates of $168.71 million. DigitalGlobe had a net margin of 5.54% and a return on equity of 3.18%. The business’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.09 EPS. On average, equities research analysts anticipate that DigitalGlobe will post $0.45 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of DGI. Pacad Investment Ltd. bought a new position in shares of DigitalGlobe during the second quarter worth about $109,000. Teacher Retirement System of Texas increased its position in shares of DigitalGlobe by 12.1% in the second quarter. Teacher Retirement System of Texas now owns 9,115 shares of the company’s stock worth $195,000 after buying an additional 985 shares during the last quarter. Acrospire Investment Management LLC bought a new position in shares of DigitalGlobe during the first quarter worth about $204,000. Eqis Capital Management Inc. bought a new position in shares of DigitalGlobe during the third quarter worth about $213,000. Finally, Bbva Compass Bancshares Inc. bought a new position in shares of DigitalGlobe during the second quarter worth about $221,000.
DigitalGlobe Company Profile
DigitalGlobe, Inc is a provider of high-resolution Earth-imagery products and services. The Company’s imagery solutions support a range of users in defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals and navigation technology.
Receive News & Ratings for DigitalGlobe Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DigitalGlobe Inc. and related companies with MarketBeat.com's FREE daily email newsletter.