NASDAQ:LOGM - LogMeIn Stock Price, Price Target & More

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$111.40 -1.35 (-1.20 %)
(As of 06/21/2018 04:00 PM ET)
Previous Close$112.75
Today's Range$111.05 - $113.60
52-Week Range$103.00 - $134.80
Volume710,912 shs
Average Volume546,030 shs
Market Capitalization$5.78 billion
P/E Ratio33.25
Dividend Yield1.08%
Beta1.35
LogMeIn logoLogMeIn, 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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio33.25
Forward P/E Ratio26.84
P/E Growth1.52

Sales & Book Value

Annual Sales$989.79 million
Price / Sales5.88
Cash Flow$7.5372 per share
Price / Cash14.78
Book Value$60.10 per share
Price / Book1.85

Profitability

EPS (Most Recent Fiscal Year)$3.35
Net Income$99.52 million
Net Margins13.67%
Return on Equity6.31%
Return on Assets5.03%

Miscellaneous

Employees2,760
Outstanding Shares52,210,000

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 Friday, April 27th. Stockholders of record on Wednesday, May 9th will be paid a dividend of $0.30 per share on Friday, May 25th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date is Tuesday, May 8th. View LogMeIn's Dividend History.

How were LogMeIn's earnings last quarter?

LogMeIn Inc (NASDAQ:LOGM) announced its quarterly earnings data on Thursday, April, 26th. The software maker reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.03. The software maker had revenue of $280.30 million for the quarter, compared to analyst estimates of $277.43 million. LogMeIn had a net margin of 13.67% and a return on equity of 6.31%. LogMeIn's revenue was up 39.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.85 EPS. View LogMeIn's Earnings History.

When is LogMeIn's next earnings date?

LogMeIn is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for LogMeIn.

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

LogMeIn issued an update on its second quarter earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $1.25-1.26 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.30. The company issued revenue guidance of $304-306 million, compared to the consensus revenue estimate of $284.85 million.

What price target have analysts set for LOGM?

10 brokers have issued 1 year price objectives for LogMeIn's shares. Their forecasts range from $132.00 to $170.00. On average, they expect LogMeIn's stock price to reach $144.00 in the next year. 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 Inc., with world headquarters located near Boston in Woburn, Massachusetts, is a leading provider of on-demand, remote-connectivity and support solutions to small businesses, IT service providers and consumers. The company also has its European headquarters in Amsterdam, the Netherlands, and a development center in Budapest, Hungary. LogMeIn's software-as-a-service suite of solutions includes capabilities for on-demand customer support of PCs, smartphones and other devices, systems administration, remote access, remote control, file-sharing, virtual private networking, data back-up and online meeting. Its solutions, which are deployed on-demand and accessible through a Web browser, are secure, scalable and easy for its customers to try, purchase and use. The company's vision is to improve mobility, business productivity and connectivity through its Connectivity as a ServiceSM solutions. " (6/7/2018)
  • 2. Robert W. Baird analysts commented, "LogMeln (LOGM) weakness a buying opportunity" (4/29/2018)

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. Christopher L. Battles, Sr. VP and Gen. Mang. of Communications & Collaboration (Age 42)
  • Mr. Lawrence M. D'Angelo, Sr. VP of Global Sales (Age 54)

Has LogMeIn been receiving favorable news coverage?

Headlines about LOGM stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LogMeIn earned a news sentiment score of 0.24 on Accern's scale. They also assigned press coverage about the software maker an impact score of 47.95 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are LogMeIn's major shareholders?

LogMeIn's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.50%), Farallon Capital Management LLC (3.34%), Champlain Investment Partners LLC (2.58%), Victory Capital Management Inc. (2.33%), Massachusetts Financial Services Co. MA (2.28%) and American Century Companies Inc. (1.88%). Company insiders that own LogMeIn stock include Christopher Battles, Edward K Herdiech, Edwin J Gillis, James Lok, Lawrence M D'angelo, Marilyn Matz, Michael J Donahue, Michael K Simon, Robert Calderoni, Steven G Chambers, Steven J Benson, W Sean Ford and William Raymond Wagner. 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 Wells Fargo & Company MN, Point72 Asset Management L.P., OppenheimerFunds Inc., JPMorgan Chase & Co., American Century Companies Inc., Russell Investments Group Ltd., Neuberger Berman Group LLC and Victory Capital Management Inc.. 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, W Sean Ford and William Raymond Wagner. View Insider Buying and Selling for LogMeIn.

Which institutional investors are buying LogMeIn stock?

LOGM stock was acquired by a variety of institutional investors in the last quarter, including Farallon Capital Management LLC, Summit Trail Advisors LLC, Prudential Financial Inc., BlackRock Inc., Dimensional Fund Advisors LP, The Manufacturers Life Insurance Company , Royal Bank of Canada and Trexquant Investment LP. 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 $111.40.

How big of a company is LogMeIn?

LogMeIn has a market capitalization of $5.78 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.

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 (LOGM)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  434 (Vote Outperform)
Underperform Votes:  279 (Vote Underperform)
Total Votes:  713
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 6/21/2018 by MarketBeat.com Staff

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