Logitech International - LOGI Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Logitech International in the last twelve months. There are currently 3 sell ratings, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street 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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12 Wall Street analysts have issued 1 year price targets for Logitech International's stock. Their LOGI share price forecasts range from $39.00 to $107.00. On average, they predict the company's stock price to reach $70.10 in the next twelve months. This suggests a possible upside of 14.6% from the stock's current price.
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Logitech International's stock was trading at $82.48 at the beginning of 2022. Since then, LOGI stock has decreased by 25.8% and is now trading at $61.18.
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The company is scheduled to release its next quarterly earnings announcement on Monday, January 23rd 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 analysts' consensus estimates of $1.14 by $0.09. The technology company had revenue of $1.31 billion for the quarter, compared to analysts' expectations of $1.28 billion. Logitech International had a net margin of 9.69% and a trailing twelve-month return on equity of 25.00%. During the same period last year, the company earned $1.75 earnings per share.

Logitech International announced a dividend on Tuesday, September 20th. Investors of record on Tuesday, September 27th will be paid 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 a boost from the stock's previous dividend of $0.65.
Read our dividend analysis for LOGI.

Logitech International (NASDAQ:LOGI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.64%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 33.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOGI will have a dividend payout ratio of 27.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LOGI.

Logitech International issued an update on its FY 2023 earnings guidance on Tuesday, November, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.04 billion-$5.26 billion, compared to the consensus revenue estimate of $5.31 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 a number of retail and institutional investors. Top institutional investors include Credit Suisse AG (4.01%), Vanguard Group Inc. (3.25%), Vontobel Holding Ltd. (2.64%), Zurcher Kantonalbank Zurich Cantonalbank (1.93%), Pictet Asset Management SA (1.89%) and Optiver Holding B.V. (0.00%). Insiders that own company stock include Bracken Darrell, Didier Hirsch, Nathan Olmstead, Neela Montgomery, Patrick Aebischer, Prakash Arunkundrum and Samantha Harnett.
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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 $61.18.

Logitech International (NASDAQ:LOGI) has a market capitalization of $10.01 billion and generates $5.48 billion in revenue each year. The technology company earns $644.51 million in net income (profit) each year or $2.99 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.