Zacks Research Has Positive Outlook for LOGI FY2025 Earnings

Logitech International S.A. (NASDAQ:LOGI - Free Report) - Investment analysts at Zacks Research boosted their FY2025 EPS estimates for shares of Logitech International in a research note issued to investors on Tuesday, February 11th. Zacks Research analyst A. Bhagat now expects that the technology company will earn $4.18 per share for the year, up from their previous estimate of $4.01. 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 Q4 2025 earnings at $0.70 EPS, Q3 2026 earnings at $1.30 EPS, Q4 2026 earnings at $0.95 EPS, FY2026 earnings at $4.19 EPS, Q2 2027 earnings at $1.04 EPS, Q3 2027 earnings at $1.39 EPS and FY2027 earnings at $4.40 EPS.

Other research analysts also recently issued reports about the company. Kepler Capital Markets upgraded Logitech International from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Wedbush reiterated a "neutral" rating and set a $88.00 target price on shares of Logitech International in a research report on Wednesday, January 22nd. Loop Capital lowered their target price on Logitech International from $88.00 to $81.00 and set a "hold" rating for the company in a research report on Monday, October 28th. Morgan Stanley upgraded Logitech International from an "underweight" rating to an "equal weight" rating and increased their target price for the company from $73.00 to $92.00 in a research report on Thursday, January 23rd. Finally, UBS Group upgraded Logitech International from a "sell" rating to a "neutral" rating in a research 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 company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $97.13.

Logitech International Stock Down 0.4 %

LOGI stock traded down $0.42 during midday trading on Friday, hitting $104.64. The company's stock had a trading volume of 484,279 shares, compared to its average volume of 839,841. Logitech International has a 12 month low of $74.72 and a 12 month high of $105.65. The firm has a market capitalization of $16.55 billion, a price-to-earnings ratio of 24.56, a price-to-earnings-growth ratio of 2.54 and a beta of 0.78. The company has a 50 day moving average of $90.01 and a two-hundred day moving average of $86.77.

Logitech International (NASDAQ:LOGI - Get Free Report) last posted its quarterly 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 return on equity of 30.53% and a net margin of 14.38%.

Hedge Funds Weigh In On Logitech International

Institutional investors have recently made changes to their positions in the company. Banque Transatlantique SA purchased a new position in shares of Logitech International during the fourth quarter valued at $26,000. Sierra Ocean LLC purchased a new position in Logitech International in the fourth quarter valued at about $27,000. Bessemer Group Inc. grew its stake in Logitech International by 1,339.1% in the fourth quarter. Bessemer Group Inc. now owns 331 shares of the technology company's stock valued at $27,000 after purchasing an additional 308 shares during the last quarter. Exane Asset Management purchased a new position in Logitech International in the fourth quarter valued at about $32,000. Finally, Tower Research Capital LLC TRC grew its stake in Logitech International by 975.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 484 shares of the technology company's stock valued at $40,000 after purchasing an additional 439 shares during the last quarter. Hedge funds and other institutional investors own 45.76% of the company's stock.

Insiders Place Their Bets

In other Logitech International news, insider Samantha Harnett sold 300 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $96.60, for a total value of $28,980.00. Following the sale, the insider now owns 7,348 shares in the company, valued at $709,816.80. This trade represents a 3.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.16% of the company's stock.

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.