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 Prepackaged software
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Phone781-638-9050
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.26 billion
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. Stockholders 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 dividend on an annualized basis and a dividend 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 earnings results on Thursday, February, 13th. The software maker reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.03. The software maker had revenue of $322.68 million for the quarter, compared to analyst estimates of $320.48 million. LogMeIn had a positive return on equity of 7.25% and a negative net margin of 1.15%. The company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.47 EPS. View LogMeIn's Earnings History.
When is LogMeIn's next earnings date?
What price target have analysts set for LOGM?
10 brokers have issued twelve-month price objectives 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?
Media headlines about LOGM stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LogMeIn earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave news stories about the software maker a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. 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 daily trading volume, of 872,200 shares, the short-interest ratio is presently 2.4 days. Currently, 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 Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), CoStar Group (CSGP), Verisign (VRSN), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), Envestnet (ENV), ANGI Homeservices (ANGI), Cornerstone OnDemand (CSOD), Cimpress (CMPR), Yelp (YELP) and LivePerson (LPSN).
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 institutional 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, Man Group plc, UBS Asset Management Americas Inc., King Luther Capital Management Corp, Russell Investments Group Ltd., Martingale Asset Management L P, Renaissance Technologies LLC and AQR Capital Management LLC. 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 institutional investors are buying LogMeIn stock?
LOGM stock was purchased 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 Alliancebernstein L.P.. 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 $85.40.
How big of a company is LogMeIn?
LogMeIn has a market capitalization of $4.25 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 3,515 workers across the globe.View Additional Information About LogMeIn.
What is LogMeIn's official website?
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)
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.
