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The price of Logitech International S.A. (NASDAQ: LOGI) closed at $79.00 in the last session, down -0.87% from day before closing price of $79.69. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 0.63 million shares were traded. LOGI stock price reached its highest trading level at $80.54 during the session, while it also had its lowest trading level at $78.5.
Ratios:
We take a closer look at LOGI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.39. For the most recent quarter (mrq), Quick Ratio is recorded 1.87 and its Current Ratio is at 2.24. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
On April 15, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $85 to $75.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 08 ’24 when Harnett Samantha sold 100 shares for $88.18 per share. The transaction valued at 8,818 led to the insider holds 11,710 shares of the business.
Harnett Samantha sold 100 shares of LOGI for $9,046 on Mar 11 ’24. The CHIEF LEGAL OFFICER now owns 11,810 shares after completing the transaction at $90.46 per share. On Feb 26 ’24, another insider, Arunkundrum Prakash, who serves as the CHIEF OPERATING OFFICER of the company, sold 23,023 shares for $90.00 each. As a result, the insider received 2,072,070 and left with 61,056 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LOGI now has a Market Capitalization of 12265539584 and an Enterprise Value of 10895842304. As of this moment, Logitech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.77, and their Forward P/E ratio for the next fiscal year is 20.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.88 while its Price-to-Book (P/B) ratio in mrq is 5.59. Its current Enterprise Value per Revenue stands at 2.566 whereas that against EBITDA is 17.736.
Stock Price History:
Over the past 52 weeks, LOGI has reached a high of $96.66, while it has fallen to a 52-week low of $53.91. The 50-Day Moving Average of the stock is -10.35%, while the 200-Day Moving Average is calculated to be -1.04%.
Shares Statistics:
According to the various share statistics, LOGI traded on average about 470.88K shares per day over the past 3-months and 486240 shares per day over the past 10 days. A total of 159.34M shares are outstanding, with a floating share count of 153.71M. Insiders hold about 0.83% of the company’s shares, while institutions hold 62.71% stake in the company. Shares short for LOGI as of 1711584000 were 3253277 with a Short Ratio of 6.91, compared to 1709164800 on 3213244. Therefore, it implies a Short% of Shares Outstanding of 3253277 and a Short% of Float of 2.1.
Dividends & Splits
The forward annual dividend rate for LOGI is 1.16, which was 1.16 in the trailing 12 months. The stock’s 5-year Average Dividend Yield is 1.39.
Earnings Estimates
A detailed examination of Logitech International S.A. (LOGI) is currently in progress, with Lightwave Logic, Inc. analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $37.68, with high estimates of $79.00 and low estimates of $1.83.
Analysts are recommending an EPS of between $Technology and $Healthcare for the fiscal current year, implying an average EPS of $Energy.
