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The price of Logitech International S.A. (NASDAQ: LOGI) closed at $83.99 in the last session, down -8.52% from day before closing price of $91.81. In other words, the price has decreased by -$8.52 from its previous closing price. On the day, 4.11 million shares were traded. LOGI stock price reached its highest trading level at $84.7399 during the session, while it also had its lowest trading level at $81.91.
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 9.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.96. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on May 01, 2024, Downgraded its rating to Neutral and sets its target price to $85 from $92 previously.
Morgan Stanley Downgraded its Equal-Weight to Underweight on April 15, 2024, whereas the target price for the stock was revised 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 May 03 ’24 when BOYNTON CHARLES D bought 1,225 shares for $81.27 per share. The transaction valued at 99,560 led to the insider holds 1,225 shares of the business.
Harnett Samantha sold 100 shares of LOGI for $8,818 on Apr 08 ’24. The CHIEF LEGAL OFFICER now owns 11,710 shares after completing the transaction at $88.18 per share. On Mar 11 ’24, another insider, Harnett Samantha, who serves as the CHIEF LEGAL OFFICER of the company, sold 100 shares for $90.46 each. As a result, the insider received 9,046 and left with 11,810 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 12834679808 and an Enterprise Value of 11389429760. As of this moment, Logitech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.70, and their Forward P/E ratio for the next fiscal year is 18.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 6.04. Its current Enterprise Value per Revenue stands at 2.547 whereas that against EBITDA is 15.106.
Stock Price History:
Over the past 52 weeks, LOGI has reached a high of $102.59, while it has fallen to a 52-week low of $67.82. The 50-Day Moving Average of the stock is -4.16%, while the 200-Day Moving Average is calculated to be -5.80%.
Shares Statistics:
According to the various share statistics, LOGI traded on average about 488.30K shares per day over the past 3-months and 713150 shares per day over the past 10 days. A total of 153.86M shares are outstanding, with a floating share count of 134.83M. Insiders hold about 11.88% of the company’s shares, while institutions hold 63.62% stake in the company. Shares short for LOGI as of 1727654400 were 5240370 with a Short Ratio of 10.73, compared to 1724976000 on 5476812. Therefore, it implies a Short% of Shares Outstanding of 5240370 and a Short% of Float of 3.4299999999999997.
Dividends & Splits
The forward annual dividend rate for LOGI is 1.37, which was 1.28 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.013941837The stock’s 5-year Average Dividend Yield is 1.35.
