Analyst Ratings for Logitech International S.A. (LOGI)Updated: 2017-07-29
Logitech International S.A. (NASDAQ:LOGI) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for LOGI last month.
A buy rating was issued by 8 analysts, 1 issued an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 3 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for LOGI. The most optimistic analyst gave a price target of 48.14, implying potential capital gains of 32.11 percent. The most pessimistic price target was 26.53, implying a possible loss of -27.2 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -5.66 percent. The average change in earnings estimates over the last 90 days is -5.66 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.06 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.59 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of LOGI to grow at a rate of 1.77 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of LOGI is 16.6.
In the trailing 52-weeks, LOGI hit 40.82 at the highest peak, while it's lowest trading point was 19.19. The current market price is above the trailing year's low by 89.89 percent, and below the high by 10.73 percent. LOGI has a price/earnings ratio of 29.39. Investors typically compare the P/E ratio to a company's peers in the industry. The LOGI value stock report compares LOGI to some of its peers using value stock charts. The stock has a market capitalization of $6.35 billion. LOGI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.