NASDAQ:LOGM - LogMeIn Stock Price, News & Analysis

$69.04
0.00 (0.00 %)
(As of 08/21/2019 09:32 AM ET)
Today's Range
$69.64
Now: $69.04
$69.64
50-Day Range
$67.58
MA: $73.82
$79.89
52-Week Range
$67.12
Now: $69.04
$96.87
Volume1,014 shs
Average Volume496,907 shs
Market Capitalization$3.44 billion
P/E Ratio15.17
Dividend Yield1.91%
Beta1.01
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.20 billion
Cash Flow$10.6873 per share
Book Value$58.14 per share

Profitability

Net Income$74.37 million

Miscellaneous

Employees3,515
Market Cap$3.44 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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 Thursday, July 25th. Investors of record on Wednesday, August 7th will be given a dividend of $0.325 per share on Friday, August 23rd. This represents a $1.30 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend is Tuesday, August 6th. View LogMeIn's Dividend History.

How were LogMeIn's earnings last quarter?

LogMeIn Inc (NASDAQ:LOGM) posted its quarterly earnings data on Thursday, July, 25th. The software maker reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.05. The software maker earned $313.10 million during the quarter, compared to analyst estimates of $310.98 million. LogMeIn had a return on equity of 7.44% and a net margin of 1.82%. The company's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.32 earnings per share. View LogMeIn's Earnings History.

When is LogMeIn's next earnings date?

LogMeIn is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for LogMeIn.

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

LogMeIn updated its FY19 earnings guidance on Thursday, July, 25th. The company provided earnings per share (EPS) guidance of $5.05-5.11 for the period, compared to the Thomson Reuters consensus estimate of $4.99. The company issued revenue guidance of $1.258-1.263 billion, compared to the consensus revenue estimate of $1.26 billion.

What price target have analysts set for LOGM?

10 equities research analysts have issued 12 month price objectives for LogMeIn's shares. Their predictions range from $74.00 to $125.00. On average, they expect LogMeIn's share price to reach $95.25 in the next year. This suggests a possible upside of 38.0% 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, 5 hold ratings and 4 buy ratings 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?

Media headlines about LOGM stock have trended positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 2.5 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for LogMeIn.

Are investors shorting LogMeIn?

LogMeIn saw a decline in short interest in the month of July. As of July 15th, there was short interest totalling 2,268,800 shares, a decline of 6.0% from the June 15th total of 2,414,500 shares. Based on an average trading volume of 536,800 shares, the short-interest ratio is currently 4.2 days. Approximately 4.7% of the shares of the company are short sold. View LogMeIn's Current Options Chain.

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), Endologix (ELGX), Alibaba Group (BABA), Chipotle Mexican Grill (CMG), Micron Technology (MU), NVIDIA (NVDA), Broadcom (AVGO), Universal Display (OLED) and Workday (WDAY).

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 a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.28%), BlackRock Inc. (9.21%), First Trust Advisors LP (4.13%), Bank of New York Mellon Corp (3.31%), Man Group plc (1.76%) and Victory Capital Management Inc. (1.60%). Company insiders that own LogMeIn stock 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 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 America Corp DE, BlackRock Inc., Renaissance Technologies LLC, Northern Trust Corp, Vanguard Group Inc., CQS Cayman LP, Balyasny Asset Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for LogMeIn.

Which major investors are buying LogMeIn stock?

LOGM stock was bought by a variety of institutional investors in the last quarter, including Man Group plc, UBS Asset Management Americas Inc., Nuveen Asset Management LLC, First Trust Advisors LP, D. E. Shaw & Co. Inc., Copeland Capital Management LLC, Point72 Asset Management L.P. and Russell Investments Group Ltd.. 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 $69.04.

How big of a company is LogMeIn?

LogMeIn has a market capitalization of $3.44 billion and generates $1.20 billion in revenue each year. The software maker earns $74.37 million in net income (profit) each year or $4.55 on an earnings per share basis. LogMeIn employs 3,515 workers across the globe.View Additional Information About LogMeIn.

What is LogMeIn's official website?

The official website for LogMeIn is http://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]


MarketBeat Community Rating for LogMeIn (NASDAQ LOGM)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  521 (Vote Outperform)
Underperform Votes:  404 (Vote Underperform)
Total Votes:  925
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 8/21/2019 by MarketBeat.com Staff

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