Logitech International S.A (NASDAQ: LOGI) is -3.96% lower on its value in year-to-date trading and has touched a low of $64.73 and a high of $105.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LOGI stock was last observed hovering at around $92.93 in the last trading session, with the day’s loss setting it -0.24%.
Currently trading at $92.69, the stock is 5.86% and 9.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing -0.26% at the moment leaves the stock 7.68% off its SMA200. LOGI registered 12.56% gain for a year compared to 6-month gain of 12.16%.
The stock witnessed a 11.27% loss in the last 1 month and extending the period to 3 months gives it a 8.19%, and is 4.45% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.54% over the week and 1.41% over the month.
Logitech International S.A (LOGI) has around 7300 employees, a market worth around $13.77B and $4.55B in sales. Current P/E ratio is 22.41 and Fwd P/E is 19.20. Profit margin for the company is 13.86%. Distance from 52-week low is 43.19% and -12.27% from its 52-week high. The company has generated returns on investments over the last 12 months (28.65%).
The EPS is expected to shrink by -12.41% this year
The shares outstanding are 148.51M, and float is at 130.41M with Short Float at 2.24%.
The top institutional shareholder in the company is ACADIAN ASSET MANAGEMENT LLC with over 6.67 million shares valued at $644.64 million. The investor’s holdings represent 4.3478 of the LOGI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.25 million shares valued at $605.59 million to account for 4.0776 of the shares outstanding. The other top investors are UBS ASSET MANAGEMENT AMERICAS INC which holds 4.79 million shares representing 3.1269 and valued at over $464.4 million, while VONTOBEL HOLDING LTD. holds 2.8718 of the shares totaling 4.4 million with a market value of $425.83 million.
Logitech International S.A (LOGI) Insider Activity
The most recent transaction is an insider sale by Harnett Samantha, the company’s CHIEF LEGAL OFFICER. SEC filings show that Harnett Samantha sold 300 shares of the company’s common stock on Feb 03 ’25 at a price of $96.60 per share for a total of $28980.0. Following the sale, the insider now owns 7348.0 shares.
Still, SEC filings show that on Nov 27 ’24, Harnett Samantha (CHIEF LEGAL OFFICER) disposed off 280 shares at an average price of $80.09 for $22425.0. The insider now directly holds 7,648 shares of Logitech International S.A (LOGI).
