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.
Several price targets were given for LOGI by the analysts covering the stock. The most optimistic price target was 48.14, which equates to a potential upside of 32.11 percent. The most pessimistic analyst gave a price target of 26.53, which equates to a potential downside 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.66 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.06 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.59 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' 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. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts decreased their 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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. LOGI has a PEG ratio of 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 below the high by 10.73 percent. 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 market cap of LOGI is $6.35 billion. LOGI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.