Logitech International S.A. (NASDAQ:LOGI – Free Report) – Equities researchers at Zacks Research cut their Q1 2026 EPS estimates for shares of Logitech International in a report released on Tuesday, February 11th. Zacks Research analyst A. Bhagat now forecasts that the technology company will post earnings per share of $0.93 for the quarter, down from their previous estimate of $0.95. The consensus estimate for Logitech International’s current full-year earnings is $4.18 per share. Zacks Research also issued estimates for Logitech International’s Q1 2027 earnings at $0.96 EPS.
LOGI has been the subject of several other research reports. JPMorgan Chase & Co. boosted their price target on shares of Logitech International from $99.00 to $100.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. Wedbush restated a “neutral” rating and issued a $88.00 price target on shares of Logitech International in a research note on Wednesday, January 22nd. UBS Group upgraded shares of Logitech International from a “sell” rating to a “neutral” rating in a research note on Wednesday, November 20th. Bank of America downgraded shares of Logitech International from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $114.00 to $92.00 in a research note on Monday, December 16th. Finally, Morgan Stanley upgraded shares of Logitech International from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $73.00 to $92.00 in a research note on Thursday, January 23rd. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Logitech International has a consensus rating of “Hold” and a consensus price target of $97.13.
Logitech International Stock Up 2.9 %
NASDAQ:LOGI opened at $103.30 on Thursday. The company has a fifty day simple moving average of $88.81 and a two-hundred day simple moving average of $86.45. The company has a market cap of $16.34 billion, a price-to-earnings ratio of 24.25, a price-to-earnings-growth ratio of 2.54 and a beta of 0.78. Logitech International has a 52 week low of $74.72 and a 52 week high of $103.54.
Logitech International (NASDAQ:LOGI – Get Free Report) last posted its earnings results on Tuesday, January 28th. The technology company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.07. Logitech International had a net margin of 14.38% and a return on equity of 30.53%.
Institutional Investors Weigh In On Logitech International
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Canada Pension Plan Investment Board lifted its position in Logitech International by 6.7% in the fourth quarter. Canada Pension Plan Investment Board now owns 276,788 shares of the technology company’s stock valued at $22,882,000 after acquiring an additional 17,355 shares during the last quarter. Ontario Teachers Pension Plan Board raised its holdings in shares of Logitech International by 82.4% in the fourth quarter. Ontario Teachers Pension Plan Board now owns 176,898 shares of the technology company’s stock valued at $14,624,000 after buying an additional 79,897 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of Logitech International in the fourth quarter valued at about $1,151,000. Mariner LLC raised its holdings in shares of Logitech International by 12.1% in the fourth quarter. Mariner LLC now owns 25,540 shares of the technology company’s stock valued at $2,103,000 after buying an additional 2,751 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Logitech International by 8.2% in the fourth quarter. Barclays PLC now owns 5,445,157 shares of the technology company’s stock valued at $448,409,000 after buying an additional 414,236 shares during the last quarter. 45.76% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Logitech International
In related news, insider Samantha Harnett sold 300 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $96.60, for a total value of $28,980.00. Following the completion of the sale, the insider now directly owns 7,348 shares of the company’s stock, valued at $709,816.80. The trade was a 3.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is owned by corporate insiders.
About Logitech International
Logitech International SA, 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.
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