How to Buy Logitech International Sa Stock
Logitech International Sa
Logitech International S. A. , through its subsidiaries, designs, manufactures, and markets products that connect people to digital and cloud experiences worldwide.
Logitech International Sa stock last closed at $68.80, down 2.84% from the previous day, and has increased 54.4% in one year. It has underperformed other stocks in the Computer Hardware industry by 0.04 percentage points. Logitech International Sa stock is currently +64.55% from its 52-week low of $41.81, and -6.65% from its 52-week high of $73.70.
As of Sep 25, 2023, there are 158.15M shares of LOGI outstanding. The market capitalization of LOGI is $10.88B. In the past 24 hours, 396,561 LOGI shares were traded.
How to Buy Logitech International Sa Stock
Not sure how to invest in Logitech International Sa stock? Here's how.
- Decide where to buy Logitech International Sa stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Logitech International Sa stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Analyze Logitech International Sa stock: The Logitech International Sa ticker symbol is LOGI. Is Logitech International Sa stock a good investment? Should you buy shares of LOGI? How do LOGI's underlying business fundamentals look? Do top analysts think Logitech International Sa is a good buy? Why has LOGI's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if LOGI is a good stock to buy).
- Execute your LOGI trade: Decide if you will purchase LOGI shares at the current market price or use a limit order to buy LOGI stock at a given price.
- Track your LOGI position: Create a watchlist to important updates regarding your new investment in Logitech International Sa stock.
Step 1: Decide where to buy Logitech International Sa stock
You will need a brokerage account to access the NASDAQ market and buy LOGI stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you can buy LOGI stock today.
How to Set Up a New Account on eToro
- Click here to get started.
- Input your personal info to open your new brokerage account.
- Submit your application by clicking the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you've finished signing up on one of the most highly reviewed stock market apps, you can securely and quickly fund your account:
Watch the video below for more details depositing funds into your brokerage account.
Step 4: Analyze Logitech International Sa stock
After you have chosen the best place to buy Logitech International Sa stock, it's absolutely critical to analyze their stock prior to investing, so you actually comprehend the risk as well as the upside.
Logitech International Sa Metrics
Logitech International Sa Zen Score
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on LOGI's stock page.
Is LOGI stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LOGI's true value.
Using relative valuations methods:
- LOGI may be overvalued based on its P/E ratio of 33.89x, relative to Computer Hardware industry P/E ratio of 19.36x
- LOGI could be undervalued based on its P/B ratio of 4.89x, relative to Computer Hardware industry P/B ratio of 9.53x
- LOGI could be undervalued based on its PEG ratio of 0.89x
You can access additional valuation research on LOGI's stock here.
A look at LOGI Cashflows and Balance Sheet
Positive Financial Indicators:
- LOGI earnings of $416.23M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the LOGI balance sheet.
- There are more short-term assets than long-term liabilities on the LOGI balance sheet.
- Total LOGI debt is lower than 5 years ago, relative to shareholder equity.
- LOGI's operating cash flow of $809.47M allows it to safely service it's debt of $0.00.
Negative Financial Indicators:
- LOGI has a relatively high debt to equity ratio of 0.55.
- LOGI profit margin has gone down from 10.5% to 7.5% in the past year.
Is it a good time to buy LOGI stock, according to analysts?
Out of 5 sell side analysts who research LOGI, the consensus analyst rating on Logitech International Sa is a Hold
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Latest LOGI Analyst Ratings
Ananda Baruah, a top 18% analyst from Loop Capital maintains LOGI with a hold rating and raises their LOGI price target from $65.00 to $70.00, on Jul 31, 2023.
Erik Woodring, a bottom 8% analyst from Morgan Stanley maintains LOGI with a hold rating and raises their LOGI price target from $57.00 to $67.00, on Jul 26, 2023.
Asiya Merchant, a top 23% analyst from Citigroup maintains LOGI with a hold rating and raises their LOGI price target from $70.00 to $75.00, on Jul 26, 2023.
Alicia Reese, a top 22% analyst from Wedbush maintains LOGI with a hold rating and raises their LOGI price target from $63.00 to $80.00, on Jul 26, 2023.
George Kelly, a bottom 24% analyst from Barclays maintains LOGI with a strong buy rating and raises their LOGI price target from $71.00 to $81.00, on Jul 26, 2023.
Barclays's George Kelly raised their price target on Logitech International Sa (NASDAQ: LOGI) by 14.08% from $71.00 to $81.00 on 2023/07/26. The analyst maintained their Strong Buy rating on the stock.
Having had an opportunity to consider Logitech's Q1 2024 print, released on 2023/07/24, Kelly highlighted the "earnings beat."
The analyst detailed that "the company's strength in gaming, pointing devices, and headsets offset the still-weak B2B VC segment."
With channel inventory now fully normalized, Logitech is selling down its own inventory, King noted.
Footnotes
For Q2 2023, Logitech reported:
- EPS of $0.65, which beat the Zacks Consensus Estimate of $0.47 but missed, by 12.2%, Q2 2022's $0.74.
- Revenue of $974.5M, which beat the Zacks Consensus Estimate of $905.2M but missed Q2 2022's $1.16B by 16%.
For FY 2024, management guided:
- Revenue of $3.8B to $4.0B, a Y/Y decline of 12% to 16%.
- Operating income of $400M to -$500M, a Y/Y decline of 15% to 32%.
Interim CEO Guy Gecht commented: “Although the markets are still challenging, our latest innovations and elevated outlook are just a glimpse of Logitech’s full potential as we execute our strategic vision.”
You can dig deeper into what analysts are forecasting on the Logitech International Sa stock forecast page.
LOGI Technicals
How are LOGI Revenues/Earnings doing?
Last year, LOGI earnings were $326.47M. Over the past 5 year, LOGI's earnings have increased by 9.83% per year. This was slower than the Computer Hardware industry average of 15.5%.
Last year, LOGI revenue was $4.35B. During the last 5 year, LOGI's revenue has grown by 10.48% per year. This was slower than the Computer Hardware industry average of 17.87%.
Learn more about LOGI's earnings and revenue performance here.
What are LOGI insiders up to?
Over the last year, insiders at LOGI have sold more shares than they have bought.
Patrick Aebischer, Director of LOGI, was the latest LOGI insider to sell. They sold $15,715.84 worth of LOGI shares on Sep 14, 2023.
Learn more about who owns LOGI shares here.
Can I get consistent income from LOGI stock?
Logitech International Sa pays a dividend of 1.7%, compared to the Computer Hardware industry's average dividend yield of 2.47%. If you owned $1,000 of LOGI stock, you would have been paid $16.99 in the past 12 months.
Logitech International Sa dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Logitech International Sa dividend yield and history here.
Get opinions from other investors
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Step 5: Execute your LOGI trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open Trade button and eToro will place your order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Track your LOGI position
Now that you own some LOGI stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to get notified of the latest news about your LOGI stock.
LOGI Feed
How to Buy Stock in Logitech International Sa
To reiterate, here are the 6 steps for buying Logitech International Sa stock:
- Decide where to buy Logitech International Sa stock
- Open a brokerage account
- Put funds into your brokerage account
- Analyze Logitech International Sa stock
- Execute your LOGI trade
- Track your LOGI position
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Logitech International Sa, create a watchlist today.
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