Logitech International S.A. [LOGI] stock prices are down -2.27% to $82.70 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LOGI shares have gain 2.81% over the last week, with a monthly amount drifted -4.51%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Logitech International S.A. [NASDAQ: LOGI] stock has seen the most recent analyst activity on May 01, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $85 from $92. Previously, Deutsche Bank downgraded its rating to Sell on April 16, 2024. On April 15, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $75 on the stock. Citigroup downgraded its rating to a Neutral and reduced its price target to $70 on June 14, 2023. UBS downgraded its rating to Sell for this stock on May 03, 2023. In a note dated May 01, 2023, Morgan Stanley upgraded an Equal-Weight rating on this stock and boosted its target price from $40 to $56.
The stock price of Logitech International S.A. [LOGI] has been fluctuating between $74.72 and $102.59 over the past year. Currently, Wall Street analysts expect the stock to reach $98 within the next 12 months. Logitech International S.A. [NASDAQ: LOGI] shares were valued at $82.70 at the most recent close of the market. An investor can expect a potential return of 18.5% based on the average LOGI price forecast.
Analyzing the LOGI fundamentals
The Logitech International S.A. [NASDAQ:LOGI] reported sales of 4.47B for trailing twelve months, representing a surge of 5.58%. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 0.32 and Total Capital is 0.27. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 82.03 points at the first support level, and at 81.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.92, and for the 2nd resistance point, it is at 85.14.
Ratios To Look Out For
It’s worth pointing out that Logitech International S.A. [NASDAQ:LOGI]’s Current Ratio is 2.21. Also, the Quick Ratio is 1.78, while the Cash Ratio stands at 1.13. Considering the valuation of this stock, the price to sales ratio is 2.73, the price to book ratio is 5.95 and price to earnings (TTM) ratio is 18.42.
Transactions by insiders
Recent insider trading involved GECHT GUY, Director, that happened on Oct 24 ’24 when 2500.0 shares were purchased. Chief Financial Officer, BOYNTON CHARLES D completed a deal on May 03 ’24 to buy 1225.0 shares. Meanwhile, CHIEF LEGAL OFFICER Harnett Samantha sold 100.0 shares on Apr 08 ’24.
