Wedbush Cuts Earnings Estimates for Logitech International

Logitech International S.A. (NASDAQ:LOGI) – Equities research analysts at Wedbush lowered their Q4 2026 earnings per share (EPS) estimates for shares of Logitech International in a research note issued to investors on Wednesday, January 29th. Wedbush analyst A. Reese now expects that the technology company will earn $0.79 per share for the quarter, down from their previous forecast of $0.91. Wedbush currently has a “Neutral” rating and a $88.00 target price on the stock. The consensus estimate for Logitech International’s current full-year earnings is $4.13 per share.

Logitech International (NASDAQ:LOGI) last released its quarterly earnings data on Tuesday, January 28th. The technology company reported $1.42 EPS 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 30.20%.

A number of other equities research analysts also recently issued reports on LOGI. StockNews.com upgraded Logitech International from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. Bank of America downgraded Logitech International from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $114.00 to $92.00 in a research report on Monday, December 16th. UBS Group upgraded shares of Logitech International from a “sell” rating to a “neutral” rating in a research report on Wednesday, November 20th. Kepler Capital Markets upgraded shares of Logitech International from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Citigroup upped their price target on shares of Logitech International from $92.00 to $105.00 and gave the company a “neutral” rating in a report on Wednesday. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $97.13.

Logitech International Trading Up 2.6 %

Shares of NASDAQ LOGI opened at $99.26 on Friday. The stock has a market capitalization of $15.70 billion, a price-to-earnings ratio of 23.30, a P/E/G ratio of 3.01 and a beta of 0.77. Logitech International has a 12-month low of $74.72 and a 12-month high of $102.59. The firm’s 50-day moving average price is $85.18 and its 200-day moving average price is $85.80.

Institutional Investors Weigh In On Logitech International

Several large investors have recently added to or reduced their stakes in the stock. Sierra Ocean LLC purchased a new position in shares of Logitech International during the fourth quarter worth approximately $27,000. Exane Asset Management purchased a new position in Logitech International during the 4th quarter worth $32,000. MassMutual Private Wealth & Trust FSB raised its position in Logitech International by 56.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 649 shares of the technology company’s stock valued at $53,000 after purchasing an additional 233 shares in the last quarter. Transamerica Financial Advisors Inc. lifted its holdings in shares of Logitech International by 115,300.0% in the 3rd quarter. Transamerica Financial Advisors Inc. now owns 1,154 shares of the technology company’s stock worth $104,000 after buying an additional 1,153 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Logitech International during the 3rd quarter worth $105,000. 45.76% of the stock is owned by hedge funds and other institutional investors.

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.