DigitalGlobe Inc. (NYSE:DGI) rose 2.4% on Thursday . The stock traded as high as $22.08 and last traded at $21.84, with a volume of 246,286 shares traded. The stock had previously closed at $21.33.

Several research firms recently commented on DGI. TheStreet upgraded shares of DigitalGlobe from a “sell” rating to a “hold” rating in a research note on Thursday, April 28th. Zacks Investment Research lowered shares of DigitalGlobe from a “buy” rating to a “hold” rating in a research note on Monday, March 14th. Jefferies Group reiterated a “buy” rating on shares of DigitalGlobe in a research note on Thursday, April 28th. Dougherty & Co reiterated a “buy” rating on shares of DigitalGlobe in a research note on Thursday, April 28th. Finally, Morgan Stanley lowered shares of DigitalGlobe from an “overweight” rating to an “equal weight” rating and boosted their price objective for the stock from $22.00 to $23.00 in a research note on Tuesday, May 17th. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $28.50.

The firm has a market cap of $1.41 billion and a PE ratio of 49.45. The firm has a 50 day moving average price of $20.98 and a 200-day moving average price of $17.63.

DigitalGlobe (NYSE:DGI) last posted its quarterly earnings data on Wednesday, April 27th. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.14. The business earned $175.40 million during the quarter, compared to analysts’ expectations of $166.54 million. During the same period in the previous year, the business posted ($0.08) EPS. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. Equities research analysts forecast that DigitalGlobe Inc. will post $0.25 EPS for the current fiscal year.

Several hedge funds and institutional investors have bought and sold shares of DGI. Rhumbline Advisers raised its position in DigitalGlobe by 1.9% in the fourth quarter. Rhumbline Advisers now owns 104,159 shares of the company’s stock valued at $1,631,000 after buying an additional 1,910 shares during the last quarter. Engineers Gate Manager LP raised its position in DigitalGlobe by 365.5% in the fourth quarter. Engineers Gate Manager LP now owns 99,472 shares of the company’s stock valued at $1,558,000 after buying an additional 78,103 shares during the last quarter. TD Asset Management Inc. raised its position in DigitalGlobe by 5.6% in the fourth quarter. TD Asset Management Inc. now owns 187,000 shares of the company’s stock valued at $2,928,000 after buying an additional 10,000 shares during the last quarter. Oxford Asset Management acquired a new position in DigitalGlobe during the fourth quarter valued at approximately $3,446,000. Finally, California Public Employees Retirement System raised its position in DigitalGlobe by 2.9% in the fourth quarter. California Public Employees Retirement System now owns 201,600 shares of the company’s stock valued at $3,157,000 after buying an additional 5,600 shares during the last quarter.

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.

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