Logitech International (LOGI) Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Logitech International in the last year. There are currently 3 sell ratings, 5 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.

10 Wall Street analysts have issued 12 month target prices for Logitech International's shares. Their LOGI share price forecasts range from $55.00 to $73.00. On average, they predict the company's share price to reach $64.67 in the next year. This suggests a possible upside of 1.3% from the stock's current price.
View analysts price targets for LOGI or view top-rated stocks among Wall Street analysts.

Logitech International's stock was trading at $62.25 on January 1st, 2023. Since then, LOGI shares have increased by 2.6% and is now trading at $63.84.
View the best growth stocks for 2023 here.

Logitech International saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,380,000 shares, a decrease of 18.5% from the April 30th total of 2,920,000 shares. Based on an average trading volume of 504,100 shares, the days-to-cover ratio is currently 4.7 days. Approximately 1.6% of the shares of the stock are short sold.
View Logitech International's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our LOGI earnings forecast.

Logitech International S.A. (NASDAQ:LOGI) released its quarterly earnings results on Sunday, October, 24th. The technology company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.14 by $0.09. The technology company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. Logitech International had a net margin of 8.03% and a trailing twelve-month return on equity of 20.18%. During the same period in the prior year, the firm posted $1.75 earnings per share.

Logitech International declared a dividend on Tuesday, September 20th. Investors of record on Tuesday, September 27th will be given a dividend of $1.0023 per share on Wednesday, September 28th. This represents a yield of 2.07%. The ex-dividend date of this dividend is Monday, September 26th. This is a boost from the stock's previous dividend of $0.65.
Read our dividend analysis for LOGI.

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 trades on the NASDAQ under the ticker symbol "LOGI."

Logitech International's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vontobel Holding Ltd. (4.82%), Credit Suisse AG (3.93%), Pictet Asset Management SA (1.86%), Zurcher Kantonalbank Zurich Cantonalbank (1.47%), Optiver Holding B.V. (0.00%) and Envestnet Asset Management Inc. (0.58%). Insiders that own company stock include Bracken Darrell, Didier Hirsch, Nathan Olmstead, Neela Montgomery, Patrick Aebischer, Prakash Arunkundrum and Samantha Harnett.
View institutional ownership trends.

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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One share of LOGI stock can currently be purchased for approximately $63.84.

Logitech International (NASDAQ:LOGI) has a market capitalization of $10.45 billion and generates $4.54 billion in revenue each year. The technology company earns $364.58 million in net income (profit) each year or $2.23 on an earnings per share basis.

The company employs 2,400 workers across the globe.

Logitech International's mailing address is EPFL QUARTIER DE L`INNOVATION DANIEL BOREL INNOVATION CENTER, LAUSANNE V8, CH1015. The official website for the company is www.logitech.com. The technology company can be reached via phone at (121) 863-5511, via email at ir@logitech.com, or via fax at 41-0-21-863-5512.