Logitech International - LOGI Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Logitech International in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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.
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11 brokerages have issued twelve-month target prices for Logitech International's stock. Their LOGI share price forecasts range from $40.00 to $107.00. On average, they predict the company's share price to reach $64.90 in the next twelve months. This suggests a possible upside of 18.5% 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 at the beginning of the year. Since then, LOGI stock has decreased by 12.0% and is now trading at $54.78.
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Logitech International saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 3,600,000 shares, a decline of 18.0% from the February 28th total of 4,390,000 shares. Based on an average daily volume of 708,500 shares, the days-to-cover ratio is currently 5.1 days. Currently, 2.4% 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, May 1st 2023.
View our LOGI earnings forecast.

Logitech International S.A. (NASDAQ:LOGI) released its quarterly earnings data on Sunday, October, 24th. The technology company reported $1.05 EPS 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 the consensus estimate of $1.28 billion. Logitech International had a trailing twelve-month return on equity of 22.31% and a net margin of 8.97%. During the same period last year, the business posted $1.75 earnings per share.

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

Logitech International issued an update on its FY 2023 earnings guidance on Thursday, January, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.66 billion-$4.77 billion, compared to the consensus revenue estimate of $4.84 billion.

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 many different retail and institutional investors. Top institutional shareholders include Credit Suisse AG (4.01%), Norges Bank (2.36%), Zurcher Kantonalbank Zurich Cantonalbank (1.89%), Deutsche Bank AG (1.00%), Optiver Holding B.V. (0.00%) and Amundi (0.62%). 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 $54.78.

Logitech International (NASDAQ:LOGI) has a market capitalization of $8.96 billion and generates $5.48 billion in revenue each year. The technology company earns $644.51 million in net income (profit) each year or $2.61 on an earnings per share basis.

The company employs 8,200 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.