NASDAQ:LOGI - Logitech International Stock Price, News, & Analysis

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

Logitech International declared that its Board of Directors has initiated a share buyback program on Tuesday, April 11th 2017, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.3% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

Logitech International SA (NASDAQ:LOGI) announced its quarterly earnings results on Monday, October, 22nd. The technology company reported $0.49 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.10. The technology company earned $691.15 million during the quarter, compared to the consensus estimate of $695.41 million. Logitech International had a net margin of 8.06% and a return on equity of 25.43%. View Logitech International's Earnings History.

Logitech International is scheduled to release their next quarterly earnings announcement on Monday, January 28th 2019. View Earnings Estimates for Logitech International.

6 brokerages have issued 12-month target prices for Logitech International's stock. Their predictions range from $40.00 to $58.00. On average, they expect Logitech International's share price to reach $49.75 in the next twelve months. This suggests a possible upside of 43.7% from the stock's current price. View Analyst Price Targets for Logitech International.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Logitech International in the last year. There are currently 2 sell ratings, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Logitech International.

News articles about LOGI stock have trended somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Logitech International earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

Logitech International saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 3,589,664 shares, an increase of 76.3% from the September 28th total of 2,036,206 shares. Based on an average daily trading volume, of 276,257 shares, the short-interest ratio is currently 13.0 days. View Logitech International's Current Options Chain.

Some companies that are related to Logitech International include Palo Alto Networks (PANW), Fortinet (FTNT), Xerox (XRX), SEIKO EPSON Cor/GDR (SEKEY), FireEye (FEYE), HTC (HTCXF), Stratasys (SSYS), Forescout Technologies (FSCT), Digital China (DCHIF), Mitek Systems (MITK), Immersion (IMMR), AstroNova (ALOT), RADCOM (RDCM), Identiv (INVE) and TransAct Technologies (TACT).

Logitech International's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Deutsche Bank AG (2.86%), Schroder Investment Management Group (1.61%), Renaissance Technologies LLC (1.60%), Zurcher Kantonalbank Zurich Cantonalbank (1.55%), Jackson Square Partners LLC (1.22%) and Franklin Resources Inc. (0.81%). Company insiders that own Logitech International stock include Bracken Darrell, L Joseph Sullivan, Luca Guerrino De, Marcel Stolk, Neil D Hunt, Sally Davis and Vincent Pilette. View Institutional Ownership Trends for Logitech International.

LOGI stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, FMR LLC, Schroder Investment Management Group, Jackson Square Partners LLC, Bank of New York Mellon Corp, Franklin Resources Inc., BlueMountain Capital Management LLC and Jane Street Group LLC. Company insiders that have sold Logitech International company stock in the last year include Bracken Darrell, L Joseph Sullivan, Luca Guerrino De, Marcel Stolk, Sally Davis and Vincent Pilette. View Insider Buying and Selling for Logitech International.

LOGI stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Dorsey Wright & Associates, Renaissance Technologies LLC, Henry James International Management Inc., Russell Investments Group Ltd., AQR Capital Management LLC and Moody National Bank Trust Division. View Insider Buying and Selling for Logitech International.

Shares of LOGI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of LOGI stock can currently be purchased for approximately $34.61.

Logitech International has a market capitalization of $5.68 billion and generates $2.57 billion in revenue each year. The technology company earns $208.54 million in net income (profit) each year or $1.34 on an earnings per share basis. Logitech International employs 6,100 workers across the globe.

The official website for Logitech International is http://www.logitech.com.

Logitech International's mailing address is EPFL QUARTIER DE L`INNOVATION DANIEL BOREL INNOVATION CENTER, LAUSANNE V8, 94560. The technology company can be reached via phone at 41-0-21-863-5511.