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

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$37.03 -1.07 (-2.81 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$38.10
Today's Range$36.98 - $37.9850
52-Week Range$29.06 - $49.96
Volume298,391 shs
Average Volume273,292 shs
Market Capitalization$6.08 billion
P/E Ratio27.63
Dividend YieldN/A
Beta1.21
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.

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Industry, Sector and Symbol

Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:LOGI
CUSIPN/A
Phone41-0-21-863-5511

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.57 billion
Cash Flow$1.6916 per share
Book Value$6.40 per share

Profitability

Net Income$208.54 million

Miscellaneous

Employees6,100
Market Cap$6.08 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

Logitech International (NASDAQ:LOGI) Frequently Asked Questions

What is Logitech International's stock symbol?

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

How will Logitech International's stock buyback program work?

Logitech International announced that its board has approved a stock buyback plan on Tuesday, April 11th 2017, which authorizes the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 5.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its shares are undervalued.

How were Logitech International's earnings last quarter?

Logitech International SA (NASDAQ:LOGI) announced its quarterly earnings results on Monday, January, 21st. The technology company reported $0.79 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.17. The technology company earned $864.39 million during the quarter, compared to analyst estimates of $854.11 million. Logitech International had a net margin of 9.06% and a return on equity of 26.85%. The business's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.65 earnings per share. View Logitech International's Earnings History.

When is Logitech International's next earnings date?

Logitech International is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Logitech International.

What price target have analysts set for LOGI?

7 brokerages have issued twelve-month price targets for Logitech International's stock. Their forecasts range from $34.00 to $58.00. On average, they anticipate Logitech International's stock price to reach $45.50 in the next year. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Price Targets for Logitech International.

What is the consensus analysts' recommendation for Logitech International?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Logitech International in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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. Maxim Group analysts commented, "We maintain our Hold rating on Logitech International (LOGI), though raise our price target to $34, from $31, following the company’s investor day on Wednesday, March 6." (3/11/2019)
  • 2. According to Zacks Investment Research, "Logitech is benefiting from solid performance in its Video Collaboration, Gaming and Creativity & Productivity businesses. The innovation engine was a key growth driver across its largest businesses. Strong performance of existing products and growing momentum in new products are positives. With increasing customer interaction with digital content, Logitech is placed well with its products helping people connect with digital and cloud-based platforms. Shares have outperformed the industry in the past one year. However, weaknesses in Mobile Speakers business and Smart Home segment impacted results. Sovereign debt issues in Europe, political tensions between Russia and Ukraine are concerns. Declining popularity of desktop PCs can be a headwind for the company." (2/22/2019)

Has Logitech International been receiving favorable news coverage?

Media coverage about LOGI stock has trended neutral recently, according to InfoTrie. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Logitech International earned a news impact score of 0.5 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the next few days.

Who are some of Logitech International's key 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 CA (CA), BlackRock (BLK), Micron Technology (MU), Endologix (ELGX), NVIDIA (NVDA), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Intel (INTC), NIC (EGOV) and Boeing (BA).

Who are Logitech International's key executives?

Logitech International's management team includes the folowing 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. Marcel Stolk, Sr. VP of Creativity & Productivity Bus. Group (Age 52)
  • Ms. Teresa J. Thuruthiyil, Sr. Director of Investor Relations

Who are Logitech International's major shareholders?

Logitech International's stock is owned by a number of of retail and institutional investors. Top institutional investors include Norges Bank (2.14%), Zurcher Kantonalbank Zurich Cantonalbank (1.61%), Amundi Pioneer Asset Management Inc. (0.99%), Bank of New York Mellon Corp (0.78%), GAM Holding AG (0.62%) and Two Sigma Advisers LP (0.54%). Company insiders that own Logitech International stock include Bracken Darrell, L Joseph Sullivan, Luca Guerrino De, Marcel Stolk, Sally Davis and Vincent Pilette. View Institutional Ownership Trends for Logitech International.

Which major investors are selling Logitech International stock?

LOGI stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Millennium Management LLC, Amundi Pioneer Asset Management Inc., Stifel Financial Corp, FMR LLC, GAM Holding AG, Columbus Circle Investors and Suntrust Banks Inc.. Company insiders that have sold Logitech International company stock in the last year include Bracken Darrell, Marcel Stolk and Vincent Pilette. View Insider Buying and Selling for Logitech International.

Which major investors are buying Logitech International stock?

LOGI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Bank of New York Mellon Corp, Jane Street Group LLC, Two Sigma Investments LP, Hsbc Holdings PLC, Zurcher Kantonalbank Zurich Cantonalbank, Meag Munich Ergo Kapitalanlagegesellschaft MBH and AGF Investments Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Logitech International's stock price today?

One share of LOGI stock can currently be purchased for approximately $37.03.

How big of a company is Logitech International?

Logitech International has a market capitalization of $6.08 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.

What is Logitech International's official website?

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

How can I contact Logitech International?

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.


MarketBeat Community Rating for Logitech International (NASDAQ LOGI)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  543
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.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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