Wedbush Lifts Earnings Estimates for Logitech International

Logitech International S.A. (NASDAQ:LOGI - Free Report) - Wedbush increased their FY2025 earnings per share estimates for Logitech International in a report released on Wednesday, January 29th. Wedbush analyst A. Reese now anticipates that the technology company will post earnings per share of $4.22 for the year, up from their prior estimate of $4.09. 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. Wedbush also issued estimates for Logitech International's Q4 2025 earnings at $0.69 EPS, Q1 2026 earnings at $0.98 EPS, Q3 2026 earnings at $1.32 EPS, FY2026 earnings at $4.20 EPS and FY2027 earnings at $4.67 EPS.

Logitech International (NASDAQ:LOGI - Get Free Report) last posted its earnings results on Tuesday, January 28th. The technology company reported $1.42 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.07. Logitech International had a net margin of 14.38% and a return on equity of 30.53%.

Several other research firms have also recently commented on LOGI. Deutsche Bank Aktiengesellschaft upgraded Logitech International from a "sell" rating to a "hold" rating in a research note on Friday, January 31st. Bank of America lowered Logitech International from a "buy" rating to a "neutral" rating and cut their target price for the company from $114.00 to $92.00 in a research report on Monday, December 16th. UBS Group raised shares of Logitech International from a "sell" rating to a "neutral" rating in a research report on Wednesday, November 20th. StockNews.com raised shares of Logitech International from a "hold" rating to a "buy" rating in a report on Wednesday. Finally, Morgan Stanley raised shares of Logitech International from an "underweight" rating to an "equal weight" rating and raised their price objective for the stock from $73.00 to $92.00 in a report on Thursday, January 23rd. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $97.13.

Logitech International Trading Down 1.1 %

LOGI stock traded down $1.15 during trading on Monday, reaching $99.42. The stock had a trading volume of 427,569 shares, compared to its average volume of 913,195. The firm has a fifty day moving average price of $87.01 and a 200 day moving average price of $86.07. The company has a market capitalization of $15.72 billion, a P/E ratio of 23.34, a PEG ratio of 3.00 and a beta of 0.78. Logitech International has a 1-year low of $74.72 and a 1-year high of $102.59.

Insider Activity at Logitech International

In related news, insider Samantha Harnett sold 300 shares of the company's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $96.60, for a total transaction of $28,980.00. Following the completion of the transaction, the insider now directly owns 7,348 shares in the company, valued at $709,816.80. This represents a 3.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.16% of the company's stock.

Hedge Funds Weigh In On Logitech International

Hedge funds and other institutional investors have recently modified their holdings of the company. Sierra Ocean LLC acquired a new stake in shares of Logitech International in the fourth quarter valued at approximately $27,000. Exane Asset Management acquired a new stake in Logitech International in the fourth quarter worth about $32,000. MassMutual Private Wealth & Trust FSB grew its position in Logitech International by 56.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 649 shares of the technology company's stock valued at $53,000 after buying an additional 233 shares in the last quarter. Global Retirement Partners LLC increased its stake in Logitech International by 109.4% during the 4th quarter. Global Retirement Partners LLC now owns 1,208 shares of the technology company's stock valued at $99,000 after buying an additional 631 shares during the period. Finally, Transamerica Financial Advisors Inc. increased its stake in Logitech International by 115,300.0% during the 3rd quarter. Transamerica Financial Advisors Inc. now owns 1,154 shares of the technology company's stock valued at $104,000 after buying an additional 1,153 shares during the period. Institutional investors and hedge funds own 45.76% of the company's stock.

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.