Logitech International S.A. Forecasted to Post Q1 2025 Earnings of $0.77 Per Share (NASDAQ:LOGI)

Logitech International S.A. (NASDAQ:LOGI - Free Report) - Equities research analysts at Wedbush boosted their Q1 2025 earnings per share estimates for Logitech International in a research report issued on Tuesday, April 30th. Wedbush analyst A. Reese now anticipates that the technology company will post earnings of $0.77 per share for the quarter, up from their prior forecast of $0.74. Wedbush currently has a "Neutral" rating and a $92.00 price target on the stock. The consensus estimate for Logitech International's current full-year earnings is $3.67 per share. Wedbush also issued estimates for Logitech International's Q4 2025 earnings at $0.87 EPS and FY2027 earnings at $4.67 EPS.

A number of other research firms have also recently issued reports on LOGI. Deutsche Bank Aktiengesellschaft reissued a "sell" rating on shares of Logitech International in a research report on Tuesday, April 16th. Berenberg Bank started coverage on Logitech International in a report on Thursday, March 14th. They set a "buy" rating and a $111.00 price target on the stock. Citigroup upped their price objective on Logitech International from $98.00 to $100.00 and gave the company a "neutral" rating in a research note on Thursday, April 4th. Morgan Stanley restated an "underweight" rating and set a $75.00 price target (down from $85.00) on shares of Logitech International in a research note on Monday, April 15th. Finally, Barclays lifted their price objective on shares of Logitech International from $96.00 to $104.00 and gave the company an "overweight" rating in a research note on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $91.00.

Logitech International Price Performance

Shares of Logitech International stock traded up $0.32 during trading on Friday, reaching $82.09. 443,534 shares of the company traded hands, compared to its average volume of 479,577. The firm has a market capitalization of $12.98 billion, a PE ratio of 21.13, a P/E/G ratio of 2.56 and a beta of 0.78. The company has a 50 day moving average price of $86.52 and a 200-day moving average price of $86.46. Logitech International has a 1-year low of $53.91 and a 1-year high of $96.66.

Logitech International (NASDAQ:LOGI - Get Free Report) last announced its earnings results on Monday, April 29th. The technology company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.55 by $0.34. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $956.85 million. Logitech International had a return on equity of 27.68% and a net margin of 14.24%.

Institutional Investors Weigh In On Logitech International

A number of institutional investors have recently modified their holdings of LOGI. Norges Bank purchased a new position in Logitech International in the fourth quarter worth about $214,130,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Logitech International by 36.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,822,286 shares of the technology company's stock valued at $267,457,000 after purchasing an additional 760,263 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Logitech International by 1,932.5% in the first quarter. Assenagon Asset Management S.A. now owns 480,655 shares of the technology company's stock worth $43,098,000 after buying an additional 457,006 shares during the last quarter. Acadian Asset Management LLC grew its position in Logitech International by 317.8% during the third quarter. Acadian Asset Management LLC now owns 546,851 shares of the technology company's stock valued at $37,817,000 after buying an additional 415,950 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in Logitech International by 20.1% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,837,505 shares of the technology company's stock valued at $174,162,000 after buying an additional 306,948 shares during the last quarter. 45.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Charles D. Boynton purchased 1,225 shares of the business's stock in a transaction on Friday, May 3rd. The shares were acquired at an average price of $81.27 per share, with a total value of $99,555.75. Following the acquisition, the chief financial officer now directly owns 1,225 shares in the company, valued at $99,555.75. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Logitech International news, CFO Charles D. Boynton bought 1,225 shares of the firm's stock in a transaction that occurred on Friday, May 3rd. The stock was bought at an average price of $81.27 per share, for a total transaction of $99,555.75. Following the completion of the acquisition, the chief financial officer now directly owns 1,225 shares in the company, valued at $99,555.75. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Samantha Harnett sold 650 shares of Logitech International stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $84.17, for a total transaction of $54,710.50. Following the completion of the sale, the insider now owns 11,910 shares in the company, valued at approximately $1,002,464.70. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,572 shares of company stock worth $2,207,555. 0.15% of the stock is currently owned by insiders.

About Logitech International

Logitech International SA, through its subsidiaries, designs, manufactures, and markets products that connect people to working, creating, gaming, and streaming worldwide. The company offers pointing devices, such as wireless mouse; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices.