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NASDAQ:LOGMLogMeIn Stock Price, Forecast & News

$85.93
+0.02 (+0.02 %)
(As of 08/11/2020 04:00 PM ET)
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Today's Range
$85.85
Now: $85.93
$85.96
50-Day Range
$84.75
MA: $85.54
$85.91
52-Week Range
$62.02
Now: $85.93
$86.63
Volume528,092 shs
Average Volume729,703 shs
Market Capitalization$4.21 billion
P/E Ratio477.42
Dividend Yield0.37%
Beta0.74
LogMeIn, Inc. provides a portfolio of cloud-based communication and collaboration, identity and access, and customer engagement and support solutions. It enables people to connect with each other worldwide to drive meaningful interactions, deepen relationships, and create better outcomes for individuals and businesses. The company offers GoToConference, a video and audio conferencing solution; GoToMeeting, a product for online meetings, sales demonstrations, and collaborative gatherings; GoToTraining, an online training product for interactive training sessions; GoToWebinar, a do-it-yourself Webinar product for organizations; Grasshopper telephony solution; Jive, a cloud-based phone service; join.me, join.me pro, and join.me business, which are online meeting and screen sharing services; and OpenVoice, a reservation-less audio conferencing service. It also provides Bold360 and BoldChat, an omni-channel engagement platform and live chat service respectively; Bold360 ai, an automated customer service; RescueAssist, GoToAssist Corporate, and GoToAssist Seeit, which are easy-to-use cloud-based remote support solutions; LogMeIn Rescue, a remote support and customer care service; and LogMeIn Rescue+Mobile and Rescue Lens that are Web-based remote support services. In addition, the company offers LogMeIn Central, a Web-based management console; GoToMyPC that enables mobile workstyles; LogMeIn Pro, a remote access service; and LastPass, a password management and single sign on solution. It serves enterprise customers, small and medium businesses, IT service providers, mobile carriers, customer service centers, OEMs, and consumers. The company was formerly known as 3am Labs, Inc. and changed its name to LogMeIn, Inc. in March 2006. LogMeIn, Inc. was founded in 2003 and is headquartered in Boston, Massachusetts with additional locations in North America, South America, Europe, Asia, and Australia.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.40 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryInternet Software & Services
Current SymbolNASDAQ:LOGM
CUSIP54142L10
Phone781-638-9050

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.26 billion
Cash Flow$10.19 per share
Book Value$55.01 per share

Profitability

Net Income$-14,560,000.00

Miscellaneous

Employees3,974
Market Cap$4.21 billion
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
$85.93
+0.02 (+0.02 %)
(As of 08/11/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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LogMeIn (NASDAQ:LOGM) Frequently Asked Questions

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

LogMeIn's stock was trading at $83.35 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LOGM stock has increased by 3.1% and is now trading at $85.93.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of LogMeIn?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LogMeIn in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for LogMeIn
.

When is LogMeIn's next earnings date?

LogMeIn is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for LogMeIn
.

How were LogMeIn's earnings last quarter?

LogMeIn Inc (NASDAQ:LOGM) posted its earnings results on Monday, August, 3rd. The software maker reported $1.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.23 by $0.31. The software maker had revenue of $350.70 million for the quarter, compared to the consensus estimate of $326.95 million. LogMeIn had a net margin of 0.67% and a return on equity of 8.08%. The company's revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.17 earnings per share.
View LogMeIn's earnings history
.

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

LogMeIn announced a quarterly dividend on Thursday, October 24th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.325 per share on Friday, November 29th. This represents a $1.30 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Tuesday, November 12th.
View LogMeIn's dividend history
.

What price target have analysts set for LOGM?

8 equities research analysts have issued twelve-month price targets for LogMeIn's stock. Their forecasts range from $70.00 to $91.00. On average, they expect LogMeIn's stock price to reach $80.68 in the next year. This suggests that the stock has a possible downside of 6.1%.
View analysts' price targets for LogMeIn
.

Has LogMeIn been receiving favorable news coverage?

Media coverage about LOGM stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. LogMeIn earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about LogMeIn
.

Are investors shorting LogMeIn?

LogMeIn saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 2,570,000 shares, an increase of 12.7% from the January 31st total of 2,280,000 shares. Based on an average daily trading volume, of 829,600 shares, the days-to-cover ratio is presently 3.1 days. Currently, 5.4% of the shares of the company are short sold.
View LogMeIn's Short Interest
.

Who are some of LogMeIn's key competitors?

What other stocks do shareholders of LogMeIn own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LogMeIn investors own include CA (CA), BlackRock (BLK), Alibaba Group (BABA), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), Endologix (ELGX), Broadcom (AVGO), Workday (WDAY), Micron Technology (MU) and Adobe (ADBE).

Who are LogMeIn's key executives?

LogMeIn's management team includes the following people:
  • Mr. William R. Wagner, Pres, CEO & Director (Age 52)
  • Mr. Michael K. Simon, Co-Founder, Director & Special Advisor to CEO (Age 54)
  • Mr. Edward K. Herdiech, CFO & Treasurer (Age 52)
  • Mr. Marc R. van Zadelhoff, Sr. VP & COO (Age 46)
  • Mr. James S. H. Lok, Sr. VP of Core Technology (Age 59)

What is LogMeIn's stock symbol?

LogMeIn trades on the NASDAQ under the ticker symbol "LOGM."

Who are LogMeIn's major shareholders?

LogMeIn's stock is owned by many different retail and institutional investors. Top institutional shareholders include Bank of Nova Scotia (3.66%), First Trust Advisors LP (2.48%), Syquant Capital Sas (1.51%), Strs Ohio (0.80%), Healthcare of Ontario Pension Plan Trust Fund (0.66%) and LSV Asset Management (0.43%). Company insiders that own LogMeIn stock include Edward K Herdiech, Michael J Donahue, Michael K Simon, Peter John Sacripanti and Steven J Benson.
View institutional ownership trends for LogMeIn
.

Which institutional investors are selling LogMeIn stock?

LOGM stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, First Trust Advisors LP, New York State Common Retirement Fund, Seizert Capital Partners LLC, Envestnet Asset Management Inc., Amalgamated Bank, Texas Permanent School Fund, and Trillium Asset Management LLC. Company insiders that have sold LogMeIn company stock in the last year include Edward K Herdiech, Michael J Donahue, Peter John Sacripanti, and Steven J Benson.
View insider buying and selling activity for LogMeIn
.

Which institutional investors are buying LogMeIn stock?

LOGM stock was acquired by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Syquant Capital Sas, Healthcare of Ontario Pension Plan Trust Fund, Strs Ohio, Picton Mahoney Asset Management, Candriam Luxembourg S.C.A., GAM Holding AG, and UBS Group AG.
View insider buying and selling activity for LogMeIn
.

How do I buy shares of LogMeIn?

Shares of LOGM 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 LogMeIn's stock price today?

One share of LOGM stock can currently be purchased for approximately $85.93.

How big of a company is LogMeIn?

LogMeIn has a market capitalization of $4.21 billion and generates $1.26 billion in revenue each year. The software maker earns $-14,560,000.00 in net income (profit) each year or $4.06 on an earnings per share basis. LogMeIn employs 3,974 workers across the globe.

What is LogMeIn's official website?

The official website for LogMeIn is www.logmeininc.com.

How can I contact LogMeIn?

LogMeIn's mailing address is 320 SUMMER STREET, BOSTON MA, 02210. The software maker can be reached via phone at 781-638-9050 or via email at [email protected]

This page was last updated on 8/12/2020 by MarketBeat.com Staff

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