Logitech International (LOGI) Earning Somewhat Favorable Press Coverage, Analysis Finds
Press coverage about Logitech International (NASDAQ:LOGI) has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Logitech International earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 45.3953633974959 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- LOGI Makes Bullish Cross Above Critical Moving Average (nasdaq.com)
- $0.56 EPS Expected for Logitech International SA (LOGI) This Quarter (americanbankingnews.com)
- Logitech Announces Date for Release of Third Quarter Fiscal 2018 Results (finance.yahoo.com)
- Logitech Sets Company Record With 19 GOOD DESIGN 2017 … – Business Wire (press release) (businesswire.com)
- Logitech Sets Company Record With 19 GOOD DESIGN 2017 Awards (finance.yahoo.com)
Shares of Logitech International (LOGI) traded up $0.81 during trading hours on Friday, reaching $35.82. 217,056 shares of the company were exchanged, compared to its average volume of 310,643. The company has a market capitalization of $6,160.00, a P/E ratio of 25.96 and a beta of 0.41. Logitech International has a 52 week low of $24.99 and a 52 week high of $40.82.
Logitech International (NASDAQ:LOGI) last issued its quarterly earnings data on Monday, October 23rd. The technology company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.11. The company had revenue of $634.21 million during the quarter, compared to the consensus estimate of $630.23 million. Logitech International had a net margin of 9.32% and a return on equity of 24.58%. During the same quarter in the previous year, the firm posted $0.35 earnings per share. equities research analysts forecast that Logitech International will post 1.24 EPS for the current year.
LOGI has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Logitech International from a “hold” rating to a “strong-buy” rating and set a $43.00 price objective for the company in a research note on Tuesday, September 19th. BidaskClub downgraded shares of Logitech International from a “buy” rating to a “hold” rating in a research note on Tuesday, December 19th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Logitech International presently has an average rating of “Buy” and a consensus target price of $44.60.
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About Logitech International
Logitech International SA is a holding company. The Company designs, manufactures and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms. The Company operates through peripheral segment. The Company offers its products to a network of domestic and international customers, including direct sales to retailers, e-tailers, and indirect sales through distributors.
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