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.
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Industry, Sector and Symbol
Industry N/A
Sub-IndustryInternet Software & Services
SectorN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees3,515
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable
LogMeIn (NASDAQ:LOGM) Frequently Asked Questions
What is LogMeIn's stock symbol?
LogMeIn trades on the NASDAQ under the ticker symbol "LOGM."
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 1.52%. The ex-dividend date is Tuesday, November 12th. View LogMeIn's Dividend History.
How were LogMeIn's earnings last quarter?
LogMeIn Inc (NASDAQ:LOGM) issued its quarterly earnings data on Thursday, February, 13th. The software maker reported $1.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.40 by $0.03. The software maker earned $322.68 million during the quarter, compared to the consensus estimate of $320.48 million. The company's quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.47 earnings per share. View LogMeIn's Earnings History.
When is LogMeIn's next earnings date?
What price target have analysts set for LOGM?
10 equities research analysts have issued 12 month price targets for LogMeIn's stock. Their forecasts range from $70.00 to $125.00. On average, they expect LogMeIn's share price to reach $86.89 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Price Targets for LogMeIn.
What is the consensus analysts' recommendation for LogMeIn?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LogMeIn in the last year. There are currently 1 sell rating, 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for LogMeIn.
What are Wall Street analysts saying about LogMeIn stock?
Here are some recent quotes from research analysts about LogMeIn stock:
- 1. According to Zacks Investment Research, "LogMeIn delivered solid second-quarter results wherein both earnings and revenues surpassed expectations. Strong performance of the company’s growth products remains a key driver. The newly launched GoToConnect and GoToRoom products also make the management optimistic about the stock’s prospects. The expansion of its product portfolio coupled with its rising sales initiatives is expected to accelerate its growth momentum in major markets, namely UCC, IDaaS and Digital Engagement, going forward. However, increasing investments weigh on the company’s bottom line. Intensifying competition from Zoom, Adobe Connect, Google and Microsoft Skype raises concerns. Product consolidation and legacy pressures are anticipated to persist as a bane for Customer Engagement segment." (7/31/2019)
- 2. Northland Securities analysts commented, "We think this is key to getting the company back to double digit growth and will be the fundamental driver to shares. Key Points Q1 Results: Q1 revenue came in at $308.1mn above consensus $306mn with earnings of $1.17 also above consensus $1.14. Adjusted EBITDA above expectations, posting $96.8mn (31.4% margin) vs. consensus $95mn. Adjusted cash flow from operations was $119.7mn, or 38.8% margin vs consensus $127mn or 41.5% margin. Deferred revenues were up 45% to $402.3mn." (4/26/2019)
Has LogMeIn been receiving favorable news coverage?
Press coverage about LOGM stock has been trending neutral this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LogMeIn earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned media headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for LogMeIn.
Are investors shorting LogMeIn?
LogMeIn saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,070,000 shares, an increase of 11.9% from the January 15th total of 1,850,000 shares. Based on an average trading volume of 872,200 shares, the days-to-cover ratio is presently 2.4 days. Approximately 4.5% of the shares of the stock are sold short. View LogMeIn's Current Options Chain.
Who are some of LogMeIn's key competitors?
Some companies that are related to LogMeIn include ANGI Homeservices (ANGI), Carbonite (CARB), COMSCORE (SCOR), Spark Networks (LOV), Akamai Technologies (AKAM), Blucora (BCOR), Brightcove (BCOV), Cimpress (CMPR), Cornerstone OnDemand (CSOD), CoStar Group (CSGP), DealerTrack Technologies (TRAK), DHI Group (DHX), eBay (EBAY), Envestnet (ENV) and Equinix (EQIX).
What other stocks do shareholders of LogMeIn own?
Who are LogMeIn's key executives?
LogMeIn's management team includes the folowing 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)
Who are LogMeIn's major shareholders?
LogMeIn's stock is owned by many different of retail and institutional investors. Top institutional investors include ArrowMark Colorado Holdings LLC (9.67%), First Trust Advisors LP (3.40%), Credit Suisse AG (3.03%), State Street Corp (2.35%), Barclays PLC (2.15%) and Victory Capital Management Inc. (1.95%). Company insiders that own LogMeIn stock include Christopher Battles, Edward K Herdiech, James Lok, Lawrence M D'angelo, Michael J Donahue, Michael K Simon, Peter John Sacripanti, Steven J Benson and W Sean Ford. View Institutional Ownership Trends for LogMeIn.
Which major investors are selling LogMeIn stock?
LOGM stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, UBS Asset Management Americas Inc., King Luther Capital Management Corp, Russell Investments Group Ltd., Martingale Asset Management L P, Renaissance Technologies LLC, AQR Capital Management LLC and First Trust Advisors LP. Company insiders that have sold LogMeIn company stock in the last year include Edward K Herdiech, Michael J Donahue, Michael K Simon, Peter John Sacripanti and Steven J Benson. View Insider Buying and Selling for LogMeIn.
Which major investors are buying LogMeIn stock?
LOGM stock was acquired by a variety of institutional investors in the last quarter, including Barclays PLC, LSV Asset Management, Credit Suisse AG, Paradice Investment Management LLC, Water Island Capital LLC, MUFG Securities EMEA plc, FIL Ltd and TIG Advisors LLC. View Insider Buying and Selling 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 $85.47.
MarketBeat Community Rating for LogMeIn (NASDAQ LOGM)
MarketBeat's community ratings are surveys of what our community members think about LogMeIn and other stocks. Vote "Outperform" if you believe LOGM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LOGM will underperform the S&P 500 over the long term. You may vote once every thirty days.
