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NASDAQ:LOGI

Logitech International (LOGI) Stock Price, News & Analysis

$98.77
-3.40 (-3.33%)
(As of 06/14/2024 ET)
Today's Range
$98.50
$99.71
50-Day Range
$77.31
$102.17
52-Week Range
$53.91
$102.59
Volume
469,078 shs
Average Volume
462,974 shs
Market Capitalization
$15.62 billion
P/E Ratio
25.52
Dividend Yield
N/A
Price Target
$91.00

Logitech International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.9% Downside
$91.00 Price Target
Short Interest
Healthy
2.33% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.25mentions of Logitech International in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$99,556 Bought Last Quarter
Proj. Earnings Growth
8.31%
From $3.85 to $4.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.06 out of 5 stars

Computer And Technology Sector

289th out of 587 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

8th out of 14 stocks

LOGI stock logo

About Logitech International Stock (NASDAQ:LOGI)

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers. It sells its products to a network of distributors, retailers, and e-tailers who resell to retailers, value-added resellers, systems integrators, and other distributors. The company sells its products under the Logitech, Logitech G, and others. Logitech International S.A. was incorporated in 1981 and is headquartered in Lausanne, Switzerland.

LOGI Stock Price History

LOGI Stock News Headlines

Logitech International (NASDAQ:LOGI) Shares Gap Up to $99.99
3 Tech Hardware Stocks to Consider This Week
Logitech International S.A. (LOGI)
Logitech Files Annual Report on Form 10-K
Logitech Lifts Quarterly Dividend by 9.4%
Loop Capital Markets Keeps Their Hold Rating on Logitech (LOGI)
See More Headlines
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Company Calendar

Last Earnings
4/29/2024
Today
6/14/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:LOGI
Employees
2,700
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$91.00
High Stock Price Target
$111.00
Low Stock Price Target
$70.00
Potential Upside/Downside
-7.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
8 Analysts

Profitability

Net Income
$612.14 million
Pretax Margin
14.46%

Debt

Sales & Book Value

Annual Sales
$4.30 billion
Cash Flow
$4.26 per share
Book Value
$14.12 per share

Miscellaneous

Free Float
157,910,000
Market Cap
$15.62 billion
Optionable
Optionable
Beta
0.82

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LOGI Stock Analysis - Frequently Asked Questions

Should I buy or sell Logitech International stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Logitech International in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LOGI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOGI, but not buy additional shares or sell existing shares.
View LOGI analyst ratings
or view top-rated stocks.

What is Logitech International's stock price target for 2024?

8 Wall Street research analysts have issued 1-year price objectives for Logitech International's stock. Their LOGI share price targets range from $70.00 to $111.00. On average, they predict the company's share price to reach $91.00 in the next twelve months. This suggests that the stock has a possible downside of 7.9%.
View analysts price targets for LOGI
or view top-rated stocks among Wall Street analysts.

How have LOGI shares performed in 2024?

Logitech International's stock was trading at $95.06 at the beginning of the year. Since then, LOGI shares have increased by 3.9% and is now trading at $98.77.
View the best growth stocks for 2024 here
.

When is Logitech International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our LOGI earnings forecast
.

How were Logitech International's earnings last quarter?

Logitech International S.A. (NASDAQ:LOGI) issued its earnings results on Monday, April, 29th. The technology company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.55 by $0.34. The technology company earned $1.01 billion during the quarter, compared to the consensus estimate of $956.85 million. Logitech International had a trailing twelve-month return on equity of 27.46% and a net margin of 14.24%.

How often does Logitech International pay dividends? What is the dividend yield for Logitech International?

Logitech International announced an annual dividend on Wednesday, September 13th. Investors of record on Tuesday, September 26th will be given a dividend of $1.1876 per share on Wednesday, September 27th. This represents a yield of 1.4%. The ex-dividend date is Monday, September 25th. This is a boost from the stock's previous annual dividend of $0.98.
Read our dividend analysis for LOGI
.

Is Logitech International a good dividend stock?

Logitech International (NASDAQ:LOGI) pays an annual dividend of $0.52 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 13.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOGI will have a dividend payout ratio of 12.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LOGI.

How will Logitech International's stock buyback program work?

Logitech International announced that its board has initiated a stock repurchase plan on Wednesday, June 21st 2023, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 10.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its stock is undervalued.

What guidance has Logitech International issued on next quarter's earnings?

Logitech International updated its FY 2025 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.4 billion.

What is Bracken Darrell's approval rating as Logitech International's CEO?

90 employees have rated Logitech International Chief Executive Officer Bracken Darrell on Glassdoor.com. Bracken Darrell has an approval rating of 97% among the company's employees. This puts Bracken Darrell in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Logitech International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Logitech International investors own include NVIDIA (NVDA), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), AbbVie (ABBV), Walt Disney (DIS), Intel (INTC), QUALCOMM (QCOM), Salesforce (CRM) and AT&T (T).

Who are Logitech International's major shareholders?

Logitech International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Acadian Asset Management LLC (3.93%), Vanguard Group Inc. (3.88%), Zurcher Kantonalbank Zurich Cantonalbank (1.50%), Jupiter Asset Management Ltd. (0.36%), Russell Investments Group Ltd. (0.35%) and Assenagon Asset Management S.A. (0.30%). Insiders that own company stock include Charles D Boynton, Patrick Aebischer, Prakash Arunkundrum and Samantha Harnett.
View institutional ownership trends
.

How do I buy shares of Logitech International?

Shares of LOGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Logitech International have any subsidiaries?
The following companies are subsidiares of Logitech International: BLUE Microphones, Baltic Latvian Universal Electronics LLC, Beyond Entertainment, Blue Microphones Holding Corporation, General Workings Inc., Intrigue Technologies Inc., JayBird, Labtec Europe S.A., LifeSize Communications  Inc., Liminal Collective Inc., Limited Liability Company "Logitech Ukraine", Limited Liability Company “Logitech”, Logi Computer Peripherals   (Malaysia) Sdn. Bhd, Logi Peripherals Technologies   (South Africa) (Proprietary) Limited, LogiCool Co. Ltd, Logitech (China) Technology Company Limited, Logitech (Slim Devices) Inc., Logitech (Streaming Media) Inc., Logitech (Streaming Media) S.A., Logitech Argentina S.R.L., Logitech Asia Logistics Limited, Logitech Asia Pacific Limited, Logitech Australia Computer   Peripherals Pty Limited, Logitech Benelux B.V., Logitech Canada Inc., Logitech Do Brasil Comercio de    Acessorios de Informatica Ltda., Logitech Electronic (India) Private Limited, Logitech Engineering & Designs India   Private Limited, Logitech Espana BCN SL, Logitech Europe S.A., Logitech Far East Limited, Logitech GmbH, Logitech Hellas MEPE, Logitech Hong Kong Limited, Logitech Inc., Logitech Ireland Services Limited, Logitech Italia SRL, Logitech JB Australia Pty Ltd., Logitech Korea Ltd, Logitech Latin America Inc., Logitech Middle East FZ-LLC, Logitech New Zealand Co. Limited, Logitech Nordic AB, Logitech Norway AS, Logitech Philippines Inc., Logitech Poland Spolka z.o.o, Logitech S.A., Logitech Schweiz AG, Logitech Service Asia Pacific Pte Ltd, Logitech Services S.A., Logitech Servicios Latinoamérica   S.A de C.V, Logitech Singapore Pte Ltd, Logitech Technology (Shenzhen)   Consulting Company Limited, Logitech Technology (Suzhou) Company Limited, Logitech Turkey Computer Marketing Services LLC, Logitech U.K. Limited, Logitech Upicto GmbH, Logitech Vietnam Company Limited, Logitech de Mexico S.A. de C.V., Meetio AB, Meetio Holding AB, Meetio Inc., Mevo Inc., Mirial, Paradial, SAS Logitech France, SightSpeed, SightSpeed Inc., Slim Devices, SpotLife, Streamlabs, Streamlabs Canada Inc., Streamlabs LLC, TT Design Labs, UE Acquisition Inc., Ultimate Ears, Ultimate Ears Incorporated, Upicto, and WiLife Inc..
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This page (NASDAQ:LOGI) was last updated on 6/14/2024 by MarketBeat.com Staff

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