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.
Many analysts weighed in on price targets for LOGI. The highest price target was 48.14, which equates to a potential upside of 32.11 percent. The lowest price target was 26.53, implying a possible loss 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. 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 have revised their quarterly estimates upwards in the past 30 days, 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 decreased their estimates.
The growth rate of LOGI's earnings is estimated by analysts to be 1.77 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. LOGI has a PEG ratio of 16.6.
In the last 52-weeks, LOGI has achieved a high of 40.82 and a low of 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 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's next earnings release will be on 0000-00-00, which is days away.