|Bid||37.40 x 900|
|Ask||38.24 x 800|
|Day's Range||38.14 - 38.69|
|52 Week Range||29.06 - 49.96|
|Beta (3Y Monthly)||1.62|
|PE Ratio (TTM)||25.16|
|Forward Dividend & Yield||0.69 (1.76%)|
|1y Target Est||N/A|
Logitech International SA designs, manufactures and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms. The dividend yield of Logitech International SA stocks is 1.79%. Logitech International SA had annual average EBITDA growth of 15.10% over the past five years.
Logitech (NASDAQ:LOGI) reported its latest quarterly earnings results today, bringing in earnings and revenue that were ahead of what analysts called for in their consensus estimate, yet LOGI stock took a step back today.The Lausanne, Switzerland-based tech company -- which makes keyboards, webcams and more computer accessories -- said that for its fourth quarter of the last fiscal year, it posted net income of $42.1 million, or 25 cents per share. When adjusted for stock option expenses and non-recurring costs, the company's earnings tallied up to roughly 38 cents per share.This amount was stronger than what Wall Street projected in its guidance as three analysts surveyed by Zacks Investment Research called for Logitech to amass adjusted earnings of 30 cents per share. The company added that for the last three months of the year, it raked in revenue of $624.3 million.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis figure was also stronger than the Wall Street guidance as three analysts who were surveyed by Zacks predicted the company would bring in sales of $619.4 million. For the fiscal year, Logitech said it brought in a profit of $257.6 million, which roughly tallied up to $1.52 per share.Revenue for the fiscal year came in at $2.79 billion for the Swiss tech company.LOGI stock is down about 7.7% during regular trading hours today despite the company's strong fourth-quarter performance from its earnings and revenue standpoints. Shares were largely unmoved after the bell Tuesday. More From InvestorPlace * 7 Stocks to Buy That Ought to Buy Back Shares * 7 Cloud Stocks to Buy Now * 7 A-Rated Stocks That Are Under $10 Compare Brokers The post Logitech Earnings: LOGI Stock Sinks Despite Q4 EPS, Sales Beat appeared first on InvestorPlace.
Logitech International Chief Executive Bracken Darrell said it was too early to consider upgrading the keyboard and mice maker's sales and profit outlook for its 2020 business year. "Our guidance is completely our expectation of what we will reach for the year," Darrell told Reuters.
Logitech (LOGI) fiscal fourth-quarter results benefit from strong Gaming and Video Collaboration business. Moreover, significant improvement in Mobile Speakers business is a major positive.
The Lausanne, Switzerland-based company said it had net income of 25 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 38 cents per share. The results exceeded ...
The surprise departure of Chief Financial Officer Vincent Pilette "to pursue a senior management role at another company" and Logitech's not upgrading its guidance for its next financial year could also have played a role, traders said.
Zacks.com featured expert Kevin Matras highlights: Medifast, lululemon athletica, Logitech International and Molina Healthcare
Check Point (CHKP) reports solid Q1 earnings driven by solid growth in security subscriptions and strong adoption of Infinity architecture.
As we already know from media reports and hedge fund investor letters, many hedge funds lost money in fourth quarter, blaming macroeconomic conditions and unpredictable events that hit several sectors, with technology among them. Nevertheless, most investors decided to stick to their bullish theses and their long-term focus allows us to profit from the recent […]
Logitech's (LOGI) brand ASTRO Gaming pushes the company further into the gaming peripherals market with its next generation headsets and enhanced audio technology.
Logitech International, Bassett Furniture, AudioEye, Meet and Telenav highlighted as Zacks Bull and Bear of the Day
Logitech's (LOGI) Slim Folio Pro boasts powerful battery and unique features, and is designed to fit the latest iPad Pro devices.
Logitech International SA NASDAQ/NGS:LOGIView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for LOGI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LOGI. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding LOGI is favorable, with net inflows of $3.28 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Logitech International could make much bigger deals than it has before to accelerate growth in areas such as controllers for players of blockbuster computer games like Fortnite, Chief Executive Bracken Darrell said on Wednesday. Last November Logitech ended discussions to acquire Plantronics Inc, a U.S. maker of Bluetooth earpieces and gaming headsets. The mooted $3 billion deal would have been by far Logitech's largest acquisition.
Logitech International SA raised its long-term profit targets and said it expects sales to increase at a mid- to high-single-digit pace in constant currencies in the year to March 2020, sending its stock to the highest level since November. The Swiss-U.S. company -- which makes ultra-fast keyboards and computer mice used by esport gamers of Fortnite, League of Legends and Starcraft -- said on Wednesday it expects non-Gaap operating income in the range of $375 million to $385 million for the fiscal year ending 2020. "Our diverse and innovative portfolio continues to deliver, driven by the horsepower of our gaming, video collaboration and creativity & productivity market opportunities," Chief Executive Bracken Darrell said.