Wedbush Expects Lower Earnings for Logitech International

Logitech International S.A. (NASDAQ:LOGI) – Equities researchers at Wedbush lowered their Q4 2026 earnings per share (EPS) estimates for shares of Logitech International in a research report issued on Wednesday, January 29th. Wedbush analyst A. Reese now anticipates that the technology company will earn $0.79 per share for the quarter, down from their prior forecast of $0.91. Wedbush currently has a “Neutral” rating and a $88.00 price target on the stock. The consensus estimate for Logitech International’s current full-year earnings is $4.13 per share.

Logitech International (NASDAQ:LOGI) last released its quarterly earnings results on Tuesday, January 28th. The technology company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.07. Logitech International had a net margin of 14.38% and a return on equity of 30.20%.

LOGI has been the topic of several other research reports. Kepler Capital Markets upgraded shares of Logitech International from a “hold” rating to a “buy” rating in a report on Thursday. StockNews.com upgraded shares of Logitech International from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Morgan Stanley upgraded shares of Logitech International from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $73.00 to $92.00 in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft upgraded Logitech International from a “sell” rating to a “hold” rating in a research note on Friday. Finally, Loop Capital cut their price target on shares of Logitech International from $88.00 to $81.00 and set a “hold” rating on the stock in a report on Monday, October 28th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Logitech International presently has an average rating of “Hold” and an average target price of $97.13.

Logitech International Trading Up 2.6 %

Shares of LOGI stock opened at $99.26 on Friday. The company has a market cap of $15.70 billion, a PE ratio of 23.30, a PEG ratio of 3.01 and a beta of 0.77. Logitech International has a 12-month low of $74.72 and a 12-month high of $102.59. The business’s fifty day simple moving average is $85.18 and its 200-day simple moving average is $85.80.

Institutional Trading of Logitech International

A number of hedge funds have recently added to or reduced their stakes in the company. Sierra Ocean LLC purchased a new position in shares of Logitech International during the 4th quarter valued at approximately $27,000. Exane Asset Management purchased a new position in Logitech International during the fourth quarter valued at $32,000. MassMutual Private Wealth & Trust FSB grew its position in shares of Logitech International by 56.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 649 shares of the technology company’s stock valued at $53,000 after purchasing an additional 233 shares during the period. Transamerica Financial Advisors Inc. increased its stake in shares of Logitech International by 115,300.0% during the third quarter. Transamerica Financial Advisors Inc. now owns 1,154 shares of the technology company’s stock worth $104,000 after purchasing an additional 1,153 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Logitech International during the 3rd quarter worth about $105,000. 45.76% of the stock is owned by hedge funds and other institutional investors.

About Logitech International

Logitech International SA, through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers.