This Is Too Hot For Logitech International S.A. (NASDAQ: LOGI), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Most recently, Yahoo Finance reported about the stock as it publicized that Logitech First To Transition Video Collaboration Portfolio to Recycled Plastic and Next Life Materials.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Stocks Info

As a NASDAQ listed company, LOGI falls under the Technology sector while operating within the Computer Hardware industry segment. At the end of the last regular session, the stock closed at $85.20 and fluctuated between $85.44 as its day high and $83.27 as its day low. The current market capitalization of Logitech International S.A. is $13.21B. A total of 0.55 million shares were traded on the day, compared to an average of 410.65K shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. 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 37 BUYs and 20 SELLs from insiders. Insiders purchased 472,616 shares during that period but sold 146,181.

In the most recent transaction, Harnett Samantha sold 800 shares of LOGI for 65.35 per share on May 25. After the transaction, the Chief Legal Officer now owns 13,984 company shares. In a previous transaction on Apr 26, Harnett Samantha sold 2,500 shares at 56.36 per share. LOGI shares that Chief Legal Officer owns now total 14,784.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Logitech International S.A. pays an annual dividend of $1.12, resulting in a dividend yield of 1.31%, and it has a price to earnings (P/E) ratio of 27.79. LOGI’s most recent ex-dividend date was 9/25/2023 when it declared a $1.1876 quarterly dividend that was paid in cash on 9/27/2023. Previously, the company paid the dividend on 9/28/2022 with an ex-dividend date of 9/26/2022. The LOGI stock dividend was $1.0023 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for LOGI in the last 3 months, the mean price target is $88.96 with high estimates of $109.45 and low estimates of $60.91. In terms of 52-week highs and lows, LOGI has a high of $96.66 and a low of $50.26.

As of this writing, LOGI has an earnings estimate of $0.64 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.78 per share and a lower estimate of $0.53. The company reported an EPS of $1.09 in the last quarter, which was 81.70% higher than expectations of $0.6.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $14.13, while its Total Shareholder’s Equity was $2.40B.

Analysts Opinion

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. Currently, 0 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 Buy with a score of 3.44.

Most Popular

Related Posts