Wedbush Expects Lower Earnings for Logitech International

Logitech International S.A. (NASDAQ:LOGI - Free Report) - Analysts at Wedbush lowered their Q4 2026 EPS estimates for Logitech International in a note issued to investors on Wednesday, January 29th. Wedbush analyst A. Reese now anticipates that the technology company will post earnings per share of $0.79 for the quarter, down from their prior estimate 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 $4.18 per share.

Logitech International (NASDAQ:LOGI - Get Free Report) last released its earnings results on Tuesday, January 28th. The technology company reported $1.42 earnings per share for the quarter, topping 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%.

A number of other equities research analysts also recently weighed in on LOGI. Bank of America downgraded Logitech International from a "buy" rating to a "neutral" rating and lowered their price target for the company from $114.00 to $92.00 in a report on Monday, December 16th. StockNews.com upgraded shares of Logitech International from a "hold" rating to a "buy" rating in a research note on Thursday, January 23rd. Barclays raised their price target on shares of Logitech International from $103.00 to $108.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 29th. Kepler Capital Markets raised shares of Logitech International from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, UBS Group raised shares of Logitech International from a "sell" rating to a "neutral" rating in a report on Wednesday, November 20th. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $97.13.

Logitech International Trading Up 2.1 %

Logitech International stock traded up $2.06 during midday trading on Friday, hitting $98.51. The stock had a trading volume of 810,585 shares, compared to its average volume of 927,570. The business has a fifty day moving average price of $85.83 and a 200 day moving average price of $85.80. Logitech International has a 12 month low of $74.72 and a 12 month high of $102.59. The stock has a market cap of $15.58 billion, a P/E ratio of 23.12, a P/E/G ratio of 3.00 and a beta of 0.78.

Institutional Trading of Logitech International

Several large investors have recently added to or reduced their stakes in LOGI. Barclays PLC grew its stake in shares of Logitech International by 64.2% in the third quarter. Barclays PLC now owns 5,030,921 shares of the technology company's stock worth $451,426,000 after purchasing an additional 1,967,133 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Logitech International by 2,315.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,445,319 shares of the technology company's stock valued at $119,673,000 after acquiring an additional 1,385,493 shares during the period. Vontobel Holding Ltd. grew its holdings in Logitech International by 34.2% during the fourth quarter. Vontobel Holding Ltd. now owns 4,872,324 shares of the technology company's stock worth $402,802,000 after acquiring an additional 1,240,478 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in Logitech International during the third quarter valued at approximately $15,891,000. Finally, Janney Montgomery Scott LLC grew its position in Logitech International by 4,876.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 167,552 shares of the technology company's stock worth $13,798,000 after buying an additional 164,185 shares during the last quarter. 45.76% of the stock is currently owned by institutional investors and hedge funds.

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.