Logitech International (NASDAQ:LOGI) Issues Quarterly Earnings Results

Logitech International (NASDAQ:LOGI) released its quarterly earnings data on Tuesday. The technology company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.07, Zacks reports. Logitech International had a net margin of 15.65% and a return on equity of 30.68%. Logitech International updated its FY 2025 guidance to EPS.

Logitech International Stock Performance

Shares of LOGI opened at $96.85 on Thursday. The business’s fifty day moving average is $84.79 and its 200-day moving average is $85.70. The firm has a market cap of $15.32 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 2.74 and a beta of 0.77. Logitech International has a 52-week low of $74.72 and a 52-week high of $102.59.

Wall Street Analyst Weigh In

Several brokerages recently commented on LOGI. StockNews.com raised shares of Logitech International from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. upped their target price on Logitech International from $99.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday. Morgan Stanley raised Logitech International from an “underweight” rating to an “equal weight” rating and upped their price objective for the company from $73.00 to $92.00 in a report on Thursday, January 23rd. Wedbush reissued a “neutral” rating and set a $88.00 target price on shares of Logitech International in a report on Wednesday, January 22nd. Finally, Bank of America downgraded shares of Logitech International from a “buy” rating to a “neutral” rating and decreased their price target for the company from $114.00 to $92.00 in a research note on Monday, December 16th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Logitech International currently has an average rating of “Hold” and a consensus target price of $97.13.

Logitech International Company Profile

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.