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.
LOGI was given price targets by several analysts. The most optimistic price target was 48.14, implying a possible profit of 32.11 percent. The lowest price target was 26.53, implying potential capital losses of -27.2 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers 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. Currently the stock is 89.89 percent higher than its low, 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 market cap of LOGI is $6.35 billion. LOGI will post this quarters earnings in days, on 0000-00-00.