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Monday, June 5, 2023

The Question Is Whether To Buy Or Not To Buy Logitech International S.A. (NASDAQ: LOGI)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Logitech International S.A. (LOGI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.27, or 0.44%, to $61.25. The Logitech International S.A. has recorded 16,371 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Logitech Announces Q4 and Full Fiscal Year 2023 Results.

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Stocks Info

Logitech International S.A. is listed on the NASDAQ as a member of the Technology sector and is a part of the Computer Hardware industry. At the end of the last regular session, the stock closed at $60.98 and fluctuated between $61.58 as its day high and $59.76 as its day low. The current market capitalization of Logitech International S.A. is $10.15B. A total of 0.92 million shares were traded on the day, compared to an average of 522.25K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, LOGI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 33 BUYs and 20 SELLs from insiders. Insiders purchased 443,516 shares during that period but sold 167,655.

In the most recent transaction, Harnett Samantha sold 2,500 shares of LOGI for 56.36 per share on Apr 26. After the transaction, the Chief Legal Officer now owns 14,784 company shares. In a previous transaction on Jan 06, Arunkundrum Prakash sold 5,831 shares at 65.04 per share. LOGI shares that insider owns now total 63,000.

Among the insiders who sold shares, AEBISCHER PATRICK disposed of 10,000 shares on Jun 01 at a per-share price of $61.36. This resulted in the Director holding 12,511 shares of LOGI after the transaction.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Logitech International S.A. pays an annual dividend of $0.97, resulting in a dividend yield of 1.59%, and it has a price to earnings (P/E) ratio of 23.36. LOGI’s most recent ex-dividend date was 9/26/2022 when it declared a $1.0023 quarterly dividend that was paid in cash on 9/28/2022. Previously, the company paid the dividend on 9/27/2022 with an ex-dividend date of 9/26/2022. The LOGI stock dividend was $0.9782 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for LOGI in the last 3 months, the mean price target is $60.03 with high estimates of $78.05 and low estimates of $38.31. In terms of 52-week highs and lows, LOGI has a high of $68.17 and a low of $41.81.

As of this writing, LOGI has an earnings estimate of $0.41 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.51 per share and a lower estimate of $0.32. The company reported an EPS of $0.84 in the last quarter, which was 3.70% higher than expectations of $0.81.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LOGI’s latest balance sheet shows that the firm has $1.33B in Cash & Short Term Investments as of fiscal 2022. There were $41.90M in debt and $1.42B in liabilities at the time. Its Book Value Per Share was $14.01, while its Total Shareholder’s Equity was $2.40B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 16 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LOGI is Underweight with a score of 3.75. A total of 5 analysts rated the stock as Buy while 2 rated it as Overweight while 8 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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