Logitech International (LOGI) Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Logitech International in the last year. There are currently 3 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" LOGI shares.
View LOGI analyst ratings or view top-rated stocks.

10 brokerages have issued 1-year target prices for Logitech International's stock. Their LOGI share price forecasts range from $57.00 to $81.00. On average, they predict the company's share price to reach $70.25 in the next year. This suggests a possible upside of 4.2% from the stock's current price.
View analysts price targets for LOGI or view top-rated stocks among Wall Street analysts.

Logitech International's stock was trading at $62.25 at the beginning of the year. Since then, LOGI stock has increased by 8.3% and is now trading at $67.39.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our LOGI earnings forecast.

Logitech International S.A. (NASDAQ:LOGI) released its earnings results on Sunday, October, 24th. The technology company reported $1.05 earnings per share for the quarter, missing analysts' consensus estimates of $1.14 by $0.09. The technology company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. Logitech International had a net margin of 7.50% and a trailing twelve-month return on equity of 19.75%. During the same quarter last year, the company earned $1.75 earnings per share.

Logitech International declared a dividend on Tuesday, September 20th. Investors of record on Tuesday, September 27th will be paid a dividend of $1.0023 per share on Wednesday, September 28th. This represents a yield of 2.07%. The ex-dividend date is Monday, September 26th. This is a boost from the stock's previous dividend of $0.65.
Read our dividend analysis for LOGI.

SPDR S&P Kensho Intelligent Structures ETF holds 6,348 shares of LOGI stock, representing 1.90% of its portfolio.

Logitech International announced that its board has authorized a share buyback plan on Wednesday, June 21st 2023, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 10.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its stock is undervalued.

Logitech International issued an update on its FY 2024 earnings guidance on Tuesday, July, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.80 billion-$4.00 billion, compared to the consensus revenue estimate of $4.10 billion.

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.

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).

Logitech International trades on the NASDAQ under the ticker symbol "LOGI."

Logitech International's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vontobel Holding Ltd. (4.59%), Credit Suisse AG (3.96%), Capital World Investors (2.77%), Renaissance Technologies LLC (0.68%), Credit Agricole S A (0.49%) and Bank of New York Mellon Corp (0.33%). Insiders that own company stock include Bracken Darrell, Didier Hirsch, Nathan Olmstead, Neela Montgomery, Patrick Aebischer, Prakash Arunkundrum and Samantha Harnett.
View institutional ownership trends.

Shares of LOGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LOGI stock can currently be purchased for approximately $67.39.

Logitech International (NASDAQ:LOGI) has a market capitalization of $10.66 billion and generates $4.54 billion in revenue each year. The technology company earns $364.58 million in net income (profit) each year or $2.01 on an earnings per share basis.

The company employs 2,400 workers across the globe.

Logitech International's mailing address is EPFL QUARTIER DE L`INNOVATION DANIEL BOREL INNOVATION CENTER, LAUSANNE V8, CH1015. The official website for the company is www.logitech.com. The technology company can be reached via phone at (121) 863-5511, via email at ir@logitech.com, or via fax at 41-0-21-863-5512.