Zacks Research Issues Positive Outlook for LOGI Earnings

Logitech International S.A. (NASDAQ:LOGI) – Investment analysts at Zacks Research lifted their Q4 2026 earnings estimates for shares of Logitech International in a report issued on Tuesday, February 10th. Zacks Research analyst Team now expects that the technology company will post earnings per share of $0.90 for the quarter, up from their prior forecast of $0.89. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Logitech International’s current full-year earnings is $4.21 per share.

LOGI has been the subject of several other research reports. Morgan Stanley reiterated an “underweight” rating and issued a $89.00 price objective (down previously from $107.00) on shares of Logitech International in a research note on Tuesday, January 20th. BNP Paribas Exane downgraded shares of Logitech International from an “outperform” rating to a “neutral” rating and set a $106.00 target price for the company. in a research note on Thursday, January 8th. Barclays restated an “equal weight” rating and issued a $98.00 price target (down previously from $134.00) on shares of Logitech International in a research report on Friday, January 16th. Wedbush reaffirmed an “outperform” rating and set a $135.00 price objective on shares of Logitech International in a research note on Tuesday, January 20th. Finally, Wall Street Zen downgraded Logitech International from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $102.13.

Logitech International Stock Up 1.0%

Shares of LOGI opened at $93.32 on Thursday. Logitech International has a 52-week low of $64.73 and a 52-week high of $123.01. The stock has a fifty day simple moving average of $100.11 and a two-hundred day simple moving average of $105.28. The company has a market capitalization of $14.76 billion, a PE ratio of 19.52, a price-to-earnings-growth ratio of 3.42 and a beta of 1.11.

Logitech International (NASDAQ:LOGI) last posted its quarterly earnings results on Tuesday, January 27th. The technology company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.78 by $0.15. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Logitech International had a return on equity of 33.57% and a net margin of 14.94%.The business’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.59 earnings per share.

Institutional Trading of Logitech International

A number of institutional investors have recently added to or reduced their stakes in LOGI. Arrowstreet Capital Limited Partnership grew its position in Logitech International by 305.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,084,820 shares of the technology company’s stock worth $227,859,000 after buying an additional 1,570,876 shares during the period. Credit Agricole S A acquired a new stake in shares of Logitech International in the 3rd quarter worth approximately $104,402,000. Norges Bank purchased a new position in Logitech International in the 4th quarter valued at approximately $89,248,000. Assenagon Asset Management S.A. raised its holdings in Logitech International by 1,784.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 689,908 shares of the technology company’s stock worth $71,004,000 after purchasing an additional 653,296 shares during the last quarter. Finally, Allianz Asset Management GmbH boosted its position in Logitech International by 57.4% during the fourth quarter. Allianz Asset Management GmbH now owns 1,556,342 shares of the technology company’s stock worth $160,175,000 after purchasing an additional 567,810 shares in the last quarter. Hedge funds and other institutional investors own 45.76% of the company’s stock.

Logitech International Company Profile

Logitech International SA is a Swiss-headquartered company that designs, manufactures and markets a wide range of computer peripherals and accessories for consumers, gamers and business customers. Founded in 1981, the company develops hardware and complementary software that enable people to interact with digital devices across work, home and entertainment settings. Logitech maintains corporate offices in Switzerland and significant operations in the United States and other regions worldwide.

The company’s product portfolio includes mice, keyboards, webcams, headsets, microphones, speakers, remote controls and other input/output devices, along with specialized lines for gaming, streaming and video collaboration.