Logitech International (LOGI) Projected to Post Earnings on Tuesday

Logitech International (NASDAQ:LOGI) is expected to be posting its quarterly earnings results after the market closes on Tuesday, January 28th. Analysts expect Logitech International to post earnings of $1.35 per share and revenue of $1,240,725.21 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Logitech International Stock Performance

LOGI stock opened at $91.18 on Friday. The company has a market capitalization of $14.42 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 2.74 and a beta of 0.77. The company’s fifty day moving average price is $83.84 and its 200-day moving average price is $85.65. Logitech International has a one year low of $74.72 and a one year high of $102.59.

Analyst Upgrades and Downgrades

LOGI has been the topic of several analyst reports. Wedbush reissued a “neutral” rating and set a $88.00 price objective on shares of Logitech International in a research note on Wednesday. UBS Group upgraded Logitech International from a “sell” rating to a “neutral” rating in a research report on Wednesday, November 20th. Morgan Stanley raised shares of Logitech International from an “underweight” rating to an “equal weight” rating and increased their target price for the company from $73.00 to $92.00 in a research note on Thursday. Loop Capital cut their price target on shares of Logitech International from $88.00 to $81.00 and set a “hold” rating on the stock in a report on Monday, October 28th. Finally, StockNews.com raised Logitech International from a “hold” rating to a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Logitech International presently has a consensus rating of “Hold” and a consensus price target of $95.75.

Logitech International Company Profile

Logitech International SA, through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers.