NASDAQ:LOGILogitech International Stock Price, Forecast & News

$59.44

+2.44 (+4.28 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$58.37

Now: $59.44▼

$59.90

50-Day Range

$44.35

MA: $49.81▼

$57.26

52-Week Range

$31.37

Now: $59.44▼

$59.90

Volume1.24 million shs

Average Volume816,086 shs

Market Capitalization$9.93 billion

P/E Ratio22.43

Dividend YieldN/A

Beta0.98

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms worldwide. The company offers portable wireless Bluetooth and Wi-Fi speakers, PC speakers, PC headsets, in-ear headphones, and wireless audio wearables; gaming mice, keyboards, headsets, mousepads, and steering wheels and flight sticks; and audio and video, and other products that connect small and medium sized user groups. It also provides keyboards and covers for tablets and smartphones, as well as other accessories for mobile devices; pointing devices, such as PC and Mac-related mice, touchpads, and presenters; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combos; PC-based Webcams; and remote control and home automation products. The company sells its products through direct sales to retailers and e-tailers, as well as indirect sales through distributors. Its channel network includes consumer electronics distributors, retailers, mass merchandisers, specialty electronics stores, computer and telecommunications stores, value-added resellers, and online merchants. The company was founded in 1981 and is headquartered in Lausanne, Switzerland.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Logitech International has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $55.00, Logitech International has a potential downside of 7.5% from its current price of $59.44.
Amount of Analyst Coverage
Logitech International has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
Logitech International has received 299 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Logitech International has received 426 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Logitech International has received 58.76% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Logitech International and other stocks. Vote “Outperform” if you believe LOGI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LOGI will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Logitech International does not currently pay a dividend.
Dividend Growth
Logitech International has only been increasing its dividend for 2 years.
Dividend Sustainability
Based on earnings estimates, Logitech International will have a dividend payout ratio of 21.05 % next year. This indicates that Logitech International will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Logitech International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,981,785.00 in company stock.
Percentage Held by Insiders
Only 1.70% of the stock of Logitech International is held by insiders.
Percentage Held by Institutions
36.25% of the stock of Logitech International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Logitech International are expected to grow by 10.68% in the coming year, from $2.06 to $2.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Logitech International is 22.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.10.
Price to Earnings Ratio vs. Sector
The P/E ratio of Logitech International is 22.43, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 35.83.
Price to Book Value per Share Ratio
Logitech International has a P/B Ratio of 6.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.49 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computer peripheral equipment, not elsewhere classified

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:LOGI

Previous Symbol

CUSIPN/A

CIK1032975

Webwww.logitech.com

Phone510-795-8500

Debt

Debt-to-Equity RatioN/A

Current Ratio1.98

Quick Ratio1.42

Price-To-Earnings

Trailing P/E Ratio22.43

Forward P/E Ratio28.85

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.98 billion

Price / Sales3.34

Cash Flow$2.37 per share

Price / Cash Flow25.11

Book Value$8.92 per share

Price / Book6.66

Profitability

EPS (Most Recent Fiscal Year)$1.89

Net Income$449.72 million

Net Margins15.11%

Return on Equity25.03%

Return on Assets14.40%

Miscellaneous

Employees6,600

Outstanding Shares166,980,000

Market Cap$9.93 billion

Next Earnings Date7/27/2020 (Estimated)

OptionableOptionable

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Logitech International (NASDAQ:LOGI) Frequently Asked Questions

How has Logitech International's stock been impacted by COVID-19 (Coronavirus)?

Logitech International's stock was trading at $37.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LOGI stock has increased by 58.9% and is now trading at $59.44. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Logitech International?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Logitech International in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Logitech International.

When is Logitech International's next earnings date?

Logitech International is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Logitech International.

How were Logitech International's earnings last quarter?

Logitech International SA (NASDAQ:LOGI) posted its quarterly earnings results on Monday, May, 11th. The technology company reported $0.42 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.10. The technology company earned $709.25 million during the quarter, compared to analysts' expectations of $660.99 million. Logitech International had a return on equity of 25.03% and a net margin of 15.11%. View Logitech International's earnings history.

How often does Logitech International pay dividends? What is the dividend yield for Logitech International?

Logitech International announced a -- dividend on Friday, September 6th. Shareholders of record on Thursday, September 19th will be given a dividend of $0.7446 per share on Friday, September 20th. This represents a yield of 1.8%. The ex-dividend date is Wednesday, September 18th. View Logitech International's dividend history.

What price target have analysts set for LOGI?

7 brokers have issued 1 year price targets for Logitech International's shares. Their forecasts range from $36.00 to $64.00. On average, they anticipate Logitech International's share price to reach $55.00 in the next twelve months. This suggests that the stock has a possible downside of 7.5%. View analysts' price targets for Logitech International.

What are Wall Street analysts saying about Logitech International stock?

Here are some recent quotes from research analysts about Logitech International stock:

1. According to Zacks Investment Research, "Logitech continues to benefit from solid demand for gaming, video collaboration and PC peripheral products. Strong performance of the existing products and a growing momentum in new products are positives. Rising adoption of new mobile platforms in both mature and emerging markets is fueling demand for Logitech’s peripherals and accessories. Logitech's partnerships with cloud providers like Zoom, Microsoft and Google as well as Alibaba in China are major positives. Shares of the company have outperformed the industry in the past year. However, weakness in the Mobile Speaker, Audio & Wearables, and Smart Home units remains an overhang. Moreover, tepid sales in the Asia Pacific due to local issues in Hong Kong and continued slowdown in China sales are near-term headwinds." (4/7/2020)
2. Maxim Group analysts commented, "Bottom line results beat consensus on lower than modeled opex. Non-headset gaming accelerates to 20+% y/y growth, while headsets likely down 35% y/y or less, consistent with our expectations on Turtle Beach (HEAR – Buy). Raising estimates as non-headset gaming accelerates. Slightly raise 12-month price target to $36, from $35; maintain Hold rating on valuation." (7/24/2019)

Has Logitech International been receiving favorable news coverage?

News articles about LOGI stock have trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Logitech International earned a news sentiment score of -3.4 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutLogitech International.

Who are some of Logitech International's key competitors?

Some companies that are related to Logitech International include Palo Alto Networks (PANW), Fortinet (FTNT), SEIKO EPSON COR/ADR (SEKEY), Xerox (XRX), FireEye (FEYE), Forescout Technologies (FSCT), Stratasys (SSYS), Mitek Systems (MITK), Immersion (IMMR), RADCOM (RDCM), Identiv (INVE), AstroNova (ALOT), Key Tronic (KTCC), TransAct Technologies (TACT) and Interlink Electronics (LINK). View all competitors.

What other stocks do shareholders of Logitech International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Logitech International investors own include NVIDIA (NVDA), Alibaba Group (BABA), CA (CA), Micron Technology (MU), Paypal (PYPL), Bank of America (BAC), Walt Disney (DIS), AT&T (T), Advanced Micro Devices (AMD) and BlackRock (BLK).

Who are Logitech International's key executives?

Logitech International's management team includes the following people:

Mr. Guerrino De Luca, Exec. Chairman (Age 67)
Mr. Bracken P. Darrell, Pres, CEO & Exec. Director (Age 56)
Mr. Vincent Pilette, Chief Financial Officer (Age 47)
Mr. Ben Lu, VP of Investor Relations
Mr. Bryan Ko, Gen. Counsel & Corp. Sec.

What is Logitech International's stock symbol?

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

Who are Logitech International's major shareholders?

Logitech International's stock is owned by a variety of retail and institutional investors. Top institutional investors include Capital World Investors (3.72%), Pictet Asset Management Ltd. (2.41%), Deutsche Bank AG (2.09%), Wellington Management Group LLP (2.08%), Zurcher Kantonalbank Zurich Cantonalbank (1.62%) and Schroder Investment Management Group (1.21%). Company insiders that own Logitech International stock include Bracken Darrell, Didier Hirsch, Prakash Arunkundrum and Vincent Pilette. View institutional ownership trends for Logitech International.

Which institutional investors are selling Logitech International stock?

LOGI stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Assenagon Asset Management S.A., Bank of New York Mellon Corp, Two Sigma Investments LP, Two Sigma Advisers LP, Zurcher Kantonalbank Zurich Cantonalbank, Banque Pictet & Cie SA, and Banque Cantonale Vaudoise. Company insiders that have sold Logitech International company stock in the last year include Bracken Darrell, Didier Hirsch, and Prakash Arunkundrum. View insider buying and selling activity for Logitech International.

Which institutional investors are buying Logitech International stock?

LOGI stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Invesco Ltd., Balyasny Asset Management LLC, AGF Investments Inc., Franklin Resources Inc., Security National Bank, Morgan Stanley, and Morgan Stanley. View insider buying and selling activity for Logitech International.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Logitech International's stock price today?

One share of LOGI stock can currently be purchased for approximately $59.44.

How big of a company is Logitech International?

Logitech International has a market capitalization of $9.93 billion and generates $2.98 billion in revenue each year. The technology company earns $449.72 million in net income (profit) each year or $1.89 on an earnings per share basis. Logitech International employs 6,600 workers across the globe.

What is Logitech International's official website?

The official website for Logitech International is www.logitech.com.

How can I contact Logitech International?

Logitech International's mailing address is EPFL QUARTIER DE L`INNOVATION DANIEL BOREL INNOVATION CENTER, NEWARK CA, 94560. The technology company can be reached via phone at 510-795-8500.

This page was last updated on 5/31/2020 by MarketBeat.com Staff