News coverage about Logitech International (NASDAQ:LOGI) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Logitech International earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 44.7521779042435 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several research firms recently issued reports on LOGI. Loop Capital began coverage on Logitech International in a research note on Monday, July 24th. They set a “buy” rating and a $48.00 target price on the stock. Zacks Investment Research lowered Logitech International from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $44.60.
Shares of Logitech International (NASDAQ LOGI) traded down $0.35 during midday trading on Tuesday, reaching $35.10. The company’s stock had a trading volume of 377,500 shares, compared to its average volume of 444,510. Logitech International has a 12 month low of $23.59 and a 12 month high of $40.82. The stock has a market cap of $5,733.04, a P/E ratio of 27.27 and a beta of 0.42.
Logitech International (NASDAQ:LOGI) last issued its quarterly earnings results on Monday, October 23rd. The technology company reported $0.40 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.11. Logitech International had a return on equity of 24.58% and a net margin of 9.32%. The company had revenue of $634.21 million for the quarter, compared to the consensus estimate of $630.23 million. During the same quarter in the prior year, the business earned $0.35 EPS. research analysts anticipate that Logitech International will post 1.24 EPS for the current fiscal year.
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Logitech International Company Profile
Logitech International SA is a holding company. The Company designs, manufactures and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms. The Company operates through peripheral segment. The Company offers its products to a network of domestic and international customers, including direct sales to retailers, e-tailers, and indirect sales through distributors.
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