Logitech International (NASDAQ:LOGI – Get Free Report) released its earnings results on Tuesday. The technology company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.30 by $0.55, FiscalAI reports. Logitech International had a return on equity of 34.09% and a net margin of 14.69%.The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.20 billion.
Logitech International Stock Performance
LOGI traded up $3.84 on Tuesday, reaching $111.66. 2,530,857 shares of the company’s stock were exchanged, compared to its average volume of 1,163,206. The company’s 50 day moving average is $106.20 and its 200-day moving average is $98.33. The company has a market cap of $16.37 billion, a price-to-earnings ratio of 23.26, a PEG ratio of 4.43 and a beta of 1.17. Logitech International has a twelve month low of $83.32 and a twelve month high of $129.66.
Logitech International Cuts Dividend
The company also recently announced an annual dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Tuesday, September 22nd will be issued a dividend of $1.36 per share. The ex-dividend date is Tuesday, September 22nd. This represents a dividend yield of 126.0%. Logitech International’s payout ratio is presently 10.88%.
Analyst Ratings Changes
Check Out Our Latest Research Report on LOGI
Institutional Investors Weigh In On Logitech International
Institutional investors have recently bought and sold shares of the business. Quarry LP purchased a new position in shares of Logitech International in the 3rd quarter valued at $30,000. CIBC Private Wealth Group LLC boosted its position in Logitech International by 61.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 455 shares of the technology company’s stock worth $46,000 after purchasing an additional 173 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Logitech International by 40.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 576 shares of the technology company’s stock valued at $52,000 after purchasing an additional 165 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Logitech International in the fourth quarter valued at about $91,000. Finally, New Vernon Capital Holdings II LLC purchased a new position in Logitech International in the third quarter valued at about $138,000. 45.76% of the stock is currently owned by hedge funds and other institutional investors.
About Logitech International
Logitech International SA is a Swiss-headquartered company that designs, manufactures and markets a wide range of computer peripherals and accessories for consumers, gamers and business customers. Founded in 1981, the company develops hardware and complementary software that enable people to interact with digital devices across work, home and entertainment settings. Logitech maintains corporate offices in Switzerland and significant operations in the United States and other regions worldwide.
The company’s product portfolio includes mice, keyboards, webcams, headsets, microphones, speakers, remote controls and other input/output devices, along with specialized lines for gaming, streaming and video collaboration.
See Also
- Five stocks we like better than Logitech International
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
- Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story
- Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
- Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
Receive News & Ratings for Logitech International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Logitech International and related companies with MarketBeat.com's FREE daily email newsletter.
