DigitalGlobe, Inc (DGI) Set to Announce Earnings on Thursday
DigitalGlobe, Inc (NYSE:DGI) is set to release its earnings data after the market closes on Thursday, July 20th. Analysts expect DigitalGlobe to post earnings of ($0.04) per share for the quarter.
DigitalGlobe (NYSE:DGI) last posted its quarterly earnings data on Tuesday, May 2nd. The technology company reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by $0.02. The firm had revenue of $209.70 million during the quarter, compared to analysts’ expectations of $199.07 million. DigitalGlobe had a net margin of 2.00% and a return on equity of 3.24%. On average, analysts expect DigitalGlobe to post $-0.05 EPS for the current fiscal year and $0.42 EPS for the next fiscal year.
Shares of DigitalGlobe, Inc (NYSE:DGI) opened at 33.30 on Tuesday. DigitalGlobe, Inc has a 1-year low of $22.50 and a 1-year high of $35.95. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 188.14 and a beta of 1.02. The firm has a 50-day moving average of $31.79 and a 200 day moving average of $31.18.
In other news, insider Jose Torres sold 3,858 shares of the business’s stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $31.75, for a total transaction of $122,491.50. Following the completion of the transaction, the insider now directly owns 39,594 shares of the company’s stock, valued at $1,257,109.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Walter S. Scott sold 16,200 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $31.62, for a total transaction of $512,244.00. Following the transaction, the executive vice president now directly owns 109,037 shares of the company’s stock, valued at $3,447,749.94. The disclosure for this sale can be found here. In the last quarter, insiders sold 53,070 shares of company stock worth $1,682,341. Insiders own 2.30% of the company’s stock.
Separately, BidaskClub upgraded shares of DigitalGlobe from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. DigitalGlobe currently has a consensus rating of “Hold” and a consensus price target of $31.79.
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DigitalGlobe Company Profile
DigitalGlobe, Inc is a provider of Earth imagery, data and analysis. The Company’s imagery solutions and other services support a range of uses, including mission-planning, mapping and analysis, environmental monitoring, oil and gas exploration and infrastructure management. The Company’s imagery solutions and other services are sourced from its own satellite constellation and third-party providers.
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