Logitech International Stock Price, News & Analysis (NASDAQ:LOGI)

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Logitech International in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LOGI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOGI, but not buy additional shares or sell existing shares.
View LOGI analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued twelve-month price objectives for Logitech International's shares. Their LOGI share price targets range from $47.00 to $96.00. On average, they predict the company's stock price to reach $78.50 in the next twelve months. This suggests that the stock has a possible downside of 11.9%.
View analysts price targets for LOGI or view top-rated stocks among Wall Street analysts.

Logitech International's stock was trading at $62.25 at the beginning of 2023. Since then, LOGI stock has increased by 43.1% and is now trading at $89.11.
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The company is scheduled to release its next quarterly earnings announcement on Monday, January 22nd 2024.
View our LOGI earnings forecast.

Logitech International S.A. (NASDAQ:LOGI) issued its quarterly earnings data on Monday, October, 23rd. The technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.39. The technology company earned $1.06 billion during the quarter, compared to analyst estimates of $978.42 million. Logitech International had a net margin of 8.95% and a trailing twelve-month return on equity of 21.13%.

Logitech International declared an annual dividend on Wednesday, September 13th. Investors of record on Tuesday, September 26th will be paid a dividend of $1.1876 per share on Wednesday, September 27th. This represents a yield of 1.4%. The ex-dividend date is Monday, September 25th. This is a boost from the stock's previous annual dividend of $0.98.
Read our dividend analysis for LOGI.

SPDR S&P Kensho Intelligent Structures ETF holds 6,348 shares of LOGI stock, representing 1.90% of its portfolio.

Logitech International announced that its Board of Directors has authorized a stock repurchase program on Wednesday, June 21st 2023, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 10.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

90 employees have rated Logitech International Chief Executive Officer Bracken Darrell on Glassdoor.com. Bracken Darrell has an approval rating of 97% among the company's employees. This puts Bracken Darrell in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Logitech International investors own include NVIDIA (NVDA), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), AbbVie (ABBV), Walt Disney (DIS), Intel (INTC), QUALCOMM (QCOM), Salesforce (CRM) and AT&T (T).

Logitech International's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vontobel Holding Ltd. (3.27%), Zurcher Kantonalbank Zurich Cantonalbank (1.30%), Optiver Holding B.V. (0.00%), Morgan Stanley (0.72%), UBS Group AG (0.00%) and Deutsche Bank AG (0.55%). Insiders that own company stock include Bracken Darrell, Didier Hirsch, Nathan Olmstead, Patrick Aebischer, Prakash Arunkundrum and Samantha Harnett.
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Shares of LOGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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