NASDAQ:LOGM - LogMeIn Stock Price, News, & Analysis

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$88.3850 +0.75 (+0.86 %)
(As of 11/19/2018 09:35 AM ET)
Previous Close$87.64
Today's Range$87.9837 - $88.69
52-Week Range$74.87 - $134.80
Volume14,558 shs
Average Volume939,200 shs
Market Capitalization$4.48 billion
P/E Ratio26.38
Dividend Yield1.37%
Beta1.06
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 GoToMeeting, a product for online meetings, sales demonstrations, and collaborative gatherings; GoToTraining, an online training product for interactive training sessions; GoToConference, a video and audio conferencing solution; GoToWebinar, a do-it-yourself Webinar product for organizations; join.me, join.me pro, and join.me business, which are online meeting and screen sharing services; OpenVoice, a reservation-less audio conferencing service; and Grasshopper, a provider of telephony solutions. It also provides Bold360 and BoldChat that are live chat and omni-channel engagement services; Bold360 ai, an automated customer service; GoToAssist, GoToAssist Corporate, and GoToAssist Seeit, which offer cloud-based remote support solutions to remotely troubleshoot and fix computers, mobile devices, and apps; 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; LastPass, a password management and single sign on solution; and Jive, a cloud-based unified communications platform. 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, Europe, Asia, and Australia.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:LOGM
Previous Symbol
CUSIP54142L10
Phone781-638-9050

Debt

Debt-to-Equity Ratio0.07
Current Ratio0.62
Quick Ratio0.62

Price-To-Earnings

Trailing P/E Ratio26.38
Forward P/E Ratio20.18
P/E Growth1.14

Sales & Book Value

Annual Sales$989.79 million
Price / Sales4.57
Cash Flow$7.5543 per share
Price / Cash11.70
Book Value$60.10 per share
Price / Book1.47

Profitability

EPS (Most Recent Fiscal Year)$3.35
Net Income$99.52 million
Net Margins12.16%
Return on Equity7.19%
Return on Assets5.64%

Miscellaneous

Employees2,760
Outstanding Shares51,160,000
Market Cap$4.48 billion
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 declared a quarterly dividend on Friday, October 26th. Investors of record on Wednesday, November 14th will be given a dividend of $0.30 per share on Friday, November 30th. This represents a $1.20 annualized dividend and a yield of 1.37%. The ex-dividend date is Tuesday, November 13th. View LogMeIn's Dividend History.

How were LogMeIn's earnings last quarter?

LogMeIn Inc (NASDAQ:LOGM) posted its quarterly earnings results on Thursday, October, 25th. The software maker reported $1.40 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.34 by $0.06. The software maker earned $309.58 million during the quarter, compared to analyst estimates of $302.92 million. LogMeIn had a net margin of 12.16% and a return on equity of 7.19%. View LogMeIn's Earnings History.

When is LogMeIn's next earnings date?

LogMeIn is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for LogMeIn.

What guidance has LogMeIn issued on next quarter's earnings?

LogMeIn updated its FY 2018 earnings guidance on Thursday, October, 25th. The company provided EPS guidance of $5.33-5.34 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.22. The company issued revenue guidance of $1.203-1.204 billion, compared to the consensus revenue estimate of $1.19 billion.LogMeIn also updated its Q4 2018 guidance to $1.41-1.42 EPS.

What price target have analysts set for LOGM?

10 analysts have issued twelve-month target prices for LogMeIn's stock. Their predictions range from $90.00 to $145.00. On average, they anticipate LogMeIn's share price to reach $111.5556 in the next year. This suggests a possible upside of 27.3% 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 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 third-quarter results benefited from solid turnaround in Collaboration business. The company’s efforts to address renewal headwinds in Communications & Collaboration business are showing positive returns. Growing adoption of products like Jive, LastPass and Bold360, is ultimately helping the company solidify its presence in the broad IT support market. Buoyed by the encouraging results, the company raised its guidance for 2018. However, intensifying competition is compelling LogMeIn to increase spending on sales & marketing and research & development expenses that might put margins under pressure. Shares have underperformed the industry on a year-to-date basis." (11/16/2018)
  • 2. Robert W. Baird analysts commented, "LogMeln (LOGM) weakness a buying opportunity" (4/29/2018)

Has LogMeIn been receiving favorable news coverage?

Media coverage about LOGM stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. LogMeIn earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave media stories about the software maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of LogMeIn's key competitors?

Who are LogMeIn's key executives?

LogMeIn's management team includes the folowing people:
  • Mr. Michael K. Simon, Co-Founder, Chairman & Special Advisor to CEO (Age 53)
  • Mr. William R. Wagner, Pres, CEO & Director (Age 51)
  • Mr. Edward K. Herdiech, CFO & Treasurer (Age 51)
  • Mr. Lawrence M. D'Angelo, Sr. VP of Global Sales (Age 54)
  • Mr. James S. H. Lok, Sr. VP of Core Technology (Age 58)

Who are LogMeIn's major shareholders?

LogMeIn's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.80%), First Trust Advisors LP (3.48%), Bank of New York Mellon Corp (3.25%), Massachusetts Financial Services Co. MA (2.67%), Mackenzie Financial Corp (2.48%) and Bessemer Group Inc. (1.77%). Company insiders that own LogMeIn stock include Christopher Battles, Edward K Herdiech, Edwin J Gillis, James Lok, Lawrence M D'angelo, Michael J Donahue, Michael K Simon, Robert Calderoni, Steven J Benson, W Sean Ford and William Raymond Wagner. 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 FMR LLC, American Century Companies Inc., Victory Capital Management Inc., Franklin Resources Inc., Wells Fargo & Company MN, Bessemer Group Inc., Vaughan Nelson Investment Management L.P. and TIAA CREF Investment Management LLC. Company insiders that have sold LogMeIn company stock in the last year include Christopher Battles, Edward K Herdiech, James Lok, Lawrence M D'angelo, Michael J Donahue, Michael K Simon, Steven J Benson and W Sean Ford. View Insider Buying and Selling for LogMeIn.

Which major investors are buying LogMeIn stock?

LOGM stock was purchased by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., First Trust Advisors LP, American Capital Management Inc., Laurion Capital Management LP, Dimensional Fund Advisors LP, Massachusetts Financial Services Co. MA, Bank of New York Mellon Corp and Prospect Capital 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, Scottrade, Fidelity and Charles Schwab.

What is LogMeIn's stock price today?

One share of LOGM stock can currently be purchased for approximately $87.64.

How big of a company is LogMeIn?

LogMeIn has a market capitalization of $4.48 billion and generates $989.79 million in revenue each year. The software maker earns $99.52 million in net income (profit) each year or $3.35 on an earnings per share basis. LogMeIn employs 2,760 workers across the globe.

What is LogMeIn's official website?

The official website for LogMeIn is http://www.logmein.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]


MarketBeat Community Rating for LogMeIn (NASDAQ LOGM)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  476 (Vote Outperform)
Underperform Votes:  340 (Vote Underperform)
Total Votes:  816
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.
This page was last updated on 11/19/2018 by MarketBeat.com Staff

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