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 highest price target was 48.14, implying potential capital gains of 32.11 percent. The most pessimistic analyst gave a price target of 26.53, implying a possible loss of -27.2 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. Meanwhile, fiscal year estimates have been revised upwards by 0.06 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.59 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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.
LOGI has an estimated earnings growth rate of 1.77 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, 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.
LOGI has traded between a high of 40.82 and a low of 19.19 over the past year. The current market price is above the trailing year's low by 89.89 percent, and 10.73 percent lower than its 52-week high. LOGI has a P/E 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's next earnings release will be on 0000-00-00, which is days away.