On Tuesday, shares of Logitech International S.A. (NASDAQ:LOGI) marked $92.64 per share versus a previous $80.03 closing price. With having a 15.76% gain, an insight into the fundamental values of Logitech International S.A., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. LOGI showed a rise of 96.44% within its YTD performance, with highs and lows between $31.37 – $81.74 during the period of 52 weeks, compared to the simple moving average of 60.43% in the period of the last 200 days.
JP Morgan equity researchers changed the status of Logitech International S.A. (NASDAQ: LOGI) shares from “Neutral” to a “Overweight” rating in the report published on October 20th, 2020. Other analysts, including Wedbush, also published their reports on LOGI shares. Wedbush repeated the rating from the previous report, marking LOGI under “Neutral” rating, in the report published on June 24th, 2020. Additionally, LOGI shares got another “Neutral” rating from JP Morgan, setting a target price of $57 on the company’s shares, according to the report published in May 21st, 2020. On the other hand, Wedbush Upgrade the “Outperform” rating for LOGI shares, as published in the report on March 9th, 2020. JP Morgan seems to be going bullish on the price of LOGI shares, based on the price prediction for LOGI, indicating that the shares will jump to $48, giving the shares “Overweight” rating based on their report from February 27th, 2020. Another “Sell” rating came from UBS.
[bold-text]Logitech International S.A. (LOGI) Analysis[/bold-text]
The present dividend yield for LOGI owners is set at 0.01, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Logitech International S.A., the company needs to provide a healthy cash flow, currently at the value of 34.21. In addition, the growth of sales from quarter to quarter is recording 22.90%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of Logitech International S.A. (LOGI) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 34.50% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.60 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while LOGI is currently recording an average of 576.13K in volumes. The volatility of the stock on monthly basis is set at 2.39%, while the weekly volatility levels are marked at 2.34%with 14.87% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $74.94, indicating growth from the present price of $92.64, which can represent yet another valuable research and analysis points that can help you decide whether to invest in LOGI or pass.
[bold-text]What to Look for When Analyzing Logitech International S.A. Shares?[/bold-text]
Logitech International S.A. (LOGI) is based in the Switzerland and it represents one of the well-known company operating with Technology sector. If you wish to compare LOGI shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 33.01 for Logitech International S.A., while the value 35.73 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 2.81 is supported by the yearly EPS growth of 74.20%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 6.70%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 32.50% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.
[bold-text]Are Institutional Investors Increasing Stakes in LOGI Shares?[/bold-text]
At the present, 32.50% of LOGI shares are in the ownership of institutional investors.