Logitech International (LOGI) Expected to Announce Quarterly Earnings on Tuesday

Logitech International (NASDAQ:LOGI) is expected to announce its earnings results after the market closes on Tuesday, January 28th. Analysts expect the company to announce earnings of $1.35 per share and revenue of $1,240,725.21 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Logitech International Stock Down 0.4 %

Logitech International stock opened at $91.18 on Monday. The firm has a market capitalization of $14.42 billion, a PE ratio of 20.31, a P/E/G ratio of 2.74 and a beta of 0.77. Logitech International has a 52 week low of $74.72 and a 52 week high of $102.59. The firm’s 50-day simple moving average is $83.84 and its 200 day simple moving average is $85.62.

Analysts Set New Price Targets

Several brokerages recently issued reports on LOGI. Bank of America downgraded Logitech International from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $114.00 to $92.00 in a research report on Monday, December 16th. Loop Capital dropped their price objective 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. StockNews.com upgraded shares of Logitech International from a “hold” rating to a “buy” rating in a report on Thursday. Morgan Stanley upgraded shares of Logitech International from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $73.00 to $92.00 in a report on Thursday. Finally, Barclays reduced their price objective on shares of Logitech International from $105.00 to $103.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Logitech International currently has a consensus rating of “Hold” and an average price target of $95.75.

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.