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Logitech International SA

Logitech International SA (LOGI)

89.97
0.01
( 0.01% )
Updated: 12:59:22

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
89.97
Bid
89.97
Ask
89.99
Volume
100,886
89.045 Day's Range 89.97
53.91 52 Week Range 96.66
Market Cap
Previous Close
89.96
Open
89.15
Last Trade
50
@
89.96
Last Trade Time
12:59:22
Financial Volume
$ 9,042,946
VWAP
89.6353
Average Volume (3m)
468,454
Shares Outstanding
158,737,710
Dividend Yield
1.32%
PE Ratio
39.08
Earnings Per Share (EPS)
2.3
Revenue
4.54B
Net Profit
364.58M

About Logitech International SA

Logitech International SA is a Switzerland-based provider of personal computer and mobile accessories for navigation, video communication, and collaboration, smart home, and other applications. Its product portfolio includes mice, keyboards, charging stands, tablet cases, car mounts for mobile devic... Logitech International SA is a Switzerland-based provider of personal computer and mobile accessories for navigation, video communication, and collaboration, smart home, and other applications. Its product portfolio includes mice, keyboards, charging stands, tablet cases, car mounts for mobile devices, remotes, home cameras, home switches, controllers, bluetooth speakers, surround sound, webcams, and conference cameras. It operates in a single segment namely, Peripherals. The firm generates revenue from the Americas, EMEA (Europe, Middle East, Africa), and the Asia Pacific region. Show more

Sector
Electronic Computers
Industry
Electronic Computers
Headquarters
Lausanne, Che
Founded
1970
Logitech International SA is listed in the Electronic Computers sector of the NASDAQ with ticker LOGI. The last closing price for Logitech was $89.96. Over the last year, Logitech shares have traded in a share price range of $ 53.91 to $ 96.66.

Logitech currently has 158,737,710 shares outstanding. The market capitalization of Logitech is $14.25 billion. Logitech has a price to earnings ratio (PE ratio) of 39.08.

Logitech (LOGI) Options Flow Summary

Overall Flow

Bearish

Net Premium

-2k

Calls / Puts

100.00%

Buys / Sells

0.00%

OTM / ITM

100.00%

Sweeps Ratio

0.00%

LOGI Latest News

Logitech Files Annual Report on Form 10-K

SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it filed its Annual Report on Form 10-K for Fiscal Year...

Logitech Announces Proposed Fiscal Year 2024 Dividend

SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that the Company’s board of directors has approved a proposal for...

Logitech to Participate in Upcoming Investor Conference

Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that Company leaders plan to participate at the following investor conference: 52nd Annual J.P. Morgan Global Technology, Media...

NEW Logitech Combo Touch Available for the new iPad Air and iPad Pro

Elevate the iPad experience with this versatile keyboard case featuring a large trackpad and slim design Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced that a new Logitech Combo Touch is now...

Logitech G Celebrates the 10th Anniversary of the Iconic G502 Gaming Mouse

First of Several Events to Commemorate a Decade of Innovation and Design Excellence Today, Logitech G, a brand of Logitech (SIX: LOGN) (NASDAQ: LOGI) and leading innovator of gaming technologies...

Logitech Announces Q4 and Full Fiscal Year 2024 Results

Logitech Returns to Growth With Strong Fourth Quarter; Company Announces FY 2025 Outlook SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN...

U.S. Futures Rise in Pre-Market Trading Amid Key Federal Reserve Meeting and Earnings Week Ahead

U.S. index futures point to gains in pre-market trading on Monday, reflecting optimism after strong performances by the S&P 500 and Nasdaq Composite, which recorded their best week of gains...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
14.945.8097142185185.0391.7384.9443978588.83002119CS
412.0615.479399306977.9191.7374.7253471482.08673647CS
12-0.11-0.12211367673290.0895.5874.7246845485.18678826CS
264.595.3759662684585.3896.6674.7242852586.90269192CS
5224.3937.191216834465.5896.6653.9150304975.92309652CS
156-20.54-18.5865532531110.51140.1741.8170151274.52745409CS
26052.44139.72821742637.53140.1730.6762173875.88298285CS

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LOGI Discussion

View Posts
Monksdream Monksdream 4 months ago
LOGI new 52 week high
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Monksdream Monksdream 6 months ago
LOGI new 52 week high
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Monksdream Monksdream 7 months ago
LOGI new 52 week high
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Hydra_Crab Hydra_Crab 3 years ago
Plenty of interest. Work from home and computer gaming are here to stay. Logitech is deep in both.
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Devolution Devolution 3 years ago
Is LOGI of no interest anymore?
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maronti1 maronti1 3 years ago
Ligitech/hpil gaming partnership?
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lucky, mydog lucky, mydog 4 years ago
https://www.sec.gov/litigation/admin/2020/34-90347.pdf
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whytestocks whytestocks 4 years ago
Just In: $LOGI Logitech Pulls Nasdaq Higher; Tesla Braces for Earnings

The Nasdaq Composite (NASDAQINDEX: ^IXIC) gained ground at midday on Tuesday, rebounding from a drop of nearly 2% on Monday. Investors seemed to feel more comfortable with the level of uncertainty facing markets right now, especially with key events like the 2020 U.S. presidential e...

In case you are interested LOGI - Logitech Pulls Nasdaq Higher; Tesla Braces for Earnings
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whytestocks whytestocks 4 years ago
BREAKING NEWS: $LOGI Here's Why Logitech Stock Soared to All-Time Highs Today

Shares of Logitech International (NASDAQ: LOGI) soared to all-time highs on Tuesday after the company posted earnings results for the second quarter of its fiscal 2021 that surpassed analyst estimates. It subsequently raised its guidance for the rest of the year, giving investors re...

In case you are interested LOGI - Here's Why Logitech Stock Soared to All-Time Highs Today
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whytestocks whytestocks 4 years ago
JUST IN: $LOGI Buy Logitech Stock Before Everybody Else Does

You shouldn't be surprised by the monster quarter that Logitech (NASDAQ: LOGI) quietly posted on Monday night, several hours after traders went home. Anyone following the iconic maker of mouse controllers, webcams, and other consumer electronics peripherals knows how the company is ...

Got this from LOGI - Buy Logitech Stock Before Everybody Else Does
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whytestocks whytestocks 4 years ago
BREAKING NEWS: $LOGI Should Logitech Investors Worry About Apple's Latest Speaker Move?

Logitech International (NASDAQ: LOGI) saw its share price drop slightly last week after investors learned that Apple (NASDAQ: AAPL) had stopped selling competing speaker products in the Apple store. The move comes as Apple is expected to announce new versions of AirPods soon...

Find out more LOGI - Should Logitech Investors Worry About Apple's Latest Speaker Move?
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TFMG TFMG 4 years ago
$LOGI | #Logitech 45% Gain in 3 Months, What's Left?



Strong confluence of Fibonacci expansion & Extension levels now in play.
Stock is up 45% in 3 months.
Perfect support trend from Moving Averages.
Stocks easiest money may be behind it.
Possible to trade between the Fins levels on break above $71.
Expectations may be to high and selling could be a risk at any signs of slower growth.
A gamers and Work from home benefactor.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.




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whytestocks whytestocks 5 years ago
News: $LOGI Isaac "VP Isaac21" Gillissen Wins Logitech G Challenge Grand Finals in Las Vegas

Secures a Slot in the McLaren Shadow Finals and a Chance to Join their Racing Team and the McLaren DNA driver development programme Logitech G, a brand of Logitech (SIX: LOGN) (NASDAQ: LOGI) and leading innovator of gaming technologies and gear, announced today that Isaac “VP Is...

In case you are interested LOGI - Isaac "VP Isaac21" Gillissen Wins Logitech G Challenge Grand Finals in Las Vegas
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whytestocks whytestocks 5 years ago
News: $LOGI Logitech Wins 10 GOOD DESIGN Awards

Eight Consecutive Years, Products Span Four Different Brands Today, Logitech® (SIX: LOGN) (NASDAQ: LOGI) announced it has won 10 GOOD DESIGN ™ Awards in 2018, across four different brands, marking the eighth consecutive year that Logitech products have been recognized b...

Read the whole news https://marketwirenews.com/news-releases/logitech-wins-10-good-design-awards-7310852.html
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FutureBankruptcy FutureBankruptcy 7 years ago
Tough to tell - got an Bearish Alert calling for -15% - but who knows

Logitech is continuing to make a strong push into the soft codec market-

any they have partnered nicely with many other manufacturers.

it remains to be seen if they grab and hold as much market share as the market has priced in



$LOGI
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DITRstocks DITRstocks 7 years ago
where do you all think it bottoms? looking to get some LOGI on the cheap
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FutureBankruptcy FutureBankruptcy 7 years ago
Man did i get lucky and dodge this knife

Logitech Internation $LOGI
37.0 DOWN -3.75 -9.20%
Volume: 1,097,537 @ 10:07:12 AM ET
Bid Ask Day's Range
37.01 37.04 36.72 - 38.22

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Pocket9s Pocket9s 7 years ago
EPIC
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FutureBankruptcy FutureBankruptcy 7 years ago
The $LOGI chart is amazing

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FutureBankruptcy FutureBankruptcy 7 years ago
its still going up $LOGI
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crowen crowen 8 years ago
Wow. Nice jump.
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FutureBankruptcy FutureBankruptcy 8 years ago
holy crap - i didnt expect logitech to go like this. i know they are pushing hard into new vertical markets (ie the installed systems)

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TheMonolith TheMonolith 8 years ago
Thanks logi
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TheMonolith TheMonolith 8 years ago
Lordy, lordy, LOGI
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TheMonolith TheMonolith 8 years ago
This chart is exquisite
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jones99 jones99 8 years ago
Ahead of an investors and analysts meeting, Logitech (LOGI) confirmed its forecast for fiscal year 2016 non-GAAP operating income of $170 million and constant currency retail sales growth of 7-9 percent. For 2017, the company expects non-GAAP operating income of $185 million to $200 million and constant currency retail sales growth in the mid-single digits.
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nyctraydr nyctraydr 8 years ago
Logitech Launches Enriched G810 Gaming Keyboard For $160

http://marketexclusive.com/logitech-international-sa-usa-nasdaqlogi-launches-enriched-g810-gaming-keyboard-at-160/2475/
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FUNMAN FUNMAN 10 years ago
Based on LOGI earning consider this:

If the P/E remains the same and they hit the earnings number in the "Outlook" below, the PPS should almost double.

The one good thing about considering if they will reach the number is they keep announcing "beats" all the time.

Just repeating this, the last full year earnings were $102 million or an EPS of 59¢. Their current P/E is almost 22.

There are 173 million outstanding shares.

If they hit their Non-Gaap profit number of $170, that's nearly $1 per share. It's an impressive forecast.

If their P/E drops to 18, that's still an upside of nearly 50%.

With the accounting investigation wrapped up, I suspect there will be changes and restatements made to past filings that won't materially effect the stock's PPS now.

They also haven't announced a dividend for this year. I suspect because of the restatements, that may be the one casualty.



Logitech Delivers Better-Than-Expected Results in Q2 FY 2015

By
Published: Oct 22, 2014 10:00 p.m. ET

Audit Committee’s Independent Investigation Now Closed, Filings to Follow

Time (EDT)
Logitech International S.A.

NEWARK, Calif. & LAUSANNE, Switzerland, Oct 22, 2014 (BUSINESS WIRE) -- Logitech International (six:LOGN) LOGI, +3.31% today announced preliminary unaudited and unreviewed financial results for the second quarter of Fiscal Year 2015.

* Q2 sales were $530 million, essentially flat compared to the prior year, with retail sales up 2 percent.

* Q2 GAAP operating income was $42 million, with GAAP earnings per share (EPS) of $0.22, compared to $0.09 in the same quarter a year ago.

* Q2 non-GAAP operating income was $59 million, with non-GAAP EPS of $0.31, compared to $0.20 a year ago.

* Q2 cash flow from operations was approximately $33 million, doubling year-over-year and the highest Q2 in the last five years.

“Our performance in Q2 shows continued progress toward our full-year objectives, with growth in retail sales, better-than-expected profitability and improved cash generation,” said Bracken P. Darrell, Logitech president and chief executive officer. “Sales in our Growth category – PC Gaming, Mobile Speakers and Tablet and Other Accessories – grew by double digits for the sixth quarter in a row, increasing 27 percent year-over-year in Q2. It was our sixth consecutive quarter in which Mobile Speakers sales more than doubled. We’ve entered the second half of the year with a robust product portfolio and a pipeline of compelling new products set to launch in the coming quarters. This is our strategy of delivering fewer and bigger products in action.”

Outlook

Logitech confirmed its outlook for Fiscal Year 2015 of approximately $2.16 billion in sales, assuming relatively stable currency exchange rates, and approximately $170 million in non-GAAP operating income.

Prepared Remarks Available Online

Logitech has made its prepared written remarks for the financial results teleconference available online on the Logitech corporate Web site at http://ir.logitech.com.

Financial Results Teleconference and Webcast

Logitech will hold a financial results teleconference to discuss the preliminary results for Q2 FY 2015 on Oct. 24, 2014 at 8:30 a.m. Eastern Daylight Time and 14:30 Central European Summer Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com.

Audit Committee Investigation Closed

As previously disclosed, Logitech’s Audit Committee, with the assistance of independent advisors, was conducting an independent investigation of certain accounting matters related to the Company’s previously issued financial statements. The investigation is now closed.

With the investigation closed, Logitech is performing the necessary work to complete and file its Annual Report for FY 2014, Annual Report on Form 10-K for FY 2014 and Quarterly Reports on Form 10-Q for Q1 and Q2 FY 2015. The Company intends to file these reports as soon as possible to regain compliance with Nasdaq and SIX Swiss Exchange listing requirements.

Last month, Logitech announced the restatement of its financial statements for Fiscal Years 2011 and 2012 and for the first quarter of Fiscal Year 2012, related to inventory valuation reserves for the Company’s discontinued Revue product. In connection with the restatement, there will be other immaterial corrections to the financial statements for Fiscal Years 2010 and 2013, as well as the first and second quarters of Fiscal Year 2014. None of these other corrections are material to the respective years or to the interim period.

Preliminary financial information for the second quarter of Fiscal Year 2015 was compiled by the Company and has not yet been reviewed by the Company’s independent registered public accounting firm. Accordingly, the preliminary results for the first and second quarters of Fiscal Year 2015 and the results for the corresponding period of Fiscal Year 2014 contained in this press release may be subject to potentially material adjustment.

Use of Non-GAAP Financial Information

To facilitate comparisons to Logitech’s historical results, Logitech has included non-GAAP adjusted measures, which exclude share-based compensation expense, amortization of other intangible assets, restructuring charges (credits), other restructuring-related charges, investment impairment (recovery), benefit from (provision for) income taxes, one-time special charges and other items detailed under “Supplemental Financial Information” after the tables below. Logitech believes this information will help investors to evaluate its current period performance and trends in its business. With respect to the Company’s outlook for Fiscal Year 2015 non-GAAP operating income, most of these excluded amounts pertain to events that have not yet occurred and are not currently possible to estimate with a reasonable degree of accuracy. Therefore, no reconciliation to the GAAP amount has been provided.

About Logitech

Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech’s combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).

This press release contains forward-looking statements within the meaning of the federal securities laws, including, without limitation, statements regarding: the Company’s product portfolio, new products, timing of new product launches, strategy and Fiscal Year 2015 revenue and operating income; currency exchange rates; the timing of filing periodic reports with the Securities and Exchange Commission and the SIX Swiss Exchange to regain compliance with the Company’s listing requirements; and the impact and materiality of the restatement on and other corrections to the Company’s financial statements. The forward-looking statements in this release involve risks and uncertainties that could cause Logitech’s actual results and events to differ materially from those anticipated in these forward-looking statements, including, without limitation: the results of the Audit Committee’s investigation and the completion of the additional work related to the Company’s Fiscal Year 2014 Annual Report, Fiscal Year 2014 Annual Report on Form 10-K, and Fiscal Year 2015 First and Second Quarter Quarterly Reports on Form 10-Q; any adjustments resulting from the review of the preliminary financial results for the first and second quarter of Fiscal Year 2015 by the Company’s independent auditors or from the review of subsequent events, including reserves and estimates, through the dates of filing the Fiscal Year 2014 Annual Report on Form 10-K and the Fiscal Year 2015 First and Second Quarter Quarterly Reports on Form 10-Q; if there is a delay in completing the Fiscal Year 2014 audit of financial statements and internal controls or the First and Second Quarter of Fiscal Year 2015 accounting reviews; if our product offerings, marketing activities and investment prioritization decisions do not result in the sales, profitability or profitability growth we expect, or when we expect it; the demand of our customers and our consumers for our products and our ability to accurately forecast it; if we fail to innovate and develop new products in a timely and cost-effective manner for our new and existing product categories; if we do not successfully execute on our growth opportunities in our new product categories or our growth opportunities are more limited than we expect; if sales of PC peripherals in mature markets are less than we expect; the effect of pricing, product, marketing and other initiatives by our competitors, and our reaction to them, on our sales, gross margins and profitability; if our products and marketing strategies fail to separate our products from competitors’ products; if we do not fully realize our goals to lower our costs and improve our operating leverage; if there is a deterioration of business and economic conditions in one or more of our sales regions or operating segments, or significant fluctuations in exchange rates; the effect of changes to our effective income tax rates. A detailed discussion of these and other risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in Logitech’s periodic filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2013 and our Amended Annual Report on Form 10-K/A for the fiscal year ended March 31, 2013, available at www.sec.gov, under the caption Risk Factors and elsewhere. Logitech does not undertake any obligation to update any forward-looking statements to reflect new information or events or circumstances occurring after the date of this press release.

Note that unless noted otherwise, comparisons are year over year.

Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s Web site at www.logitech.com.

(LOGIIR)

SOURCE: Logitech International

Logitech International
Joe Greenhalgh
Vice President, Investor Relations – USA
510-713-4430
Krista Todd
Sr. Director, External Communications – USA
510-713-5834
Ben Starkie
Corporate Communications – Europe
+41-(0) 79-292-3499

Copyright Business Wire 2014
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FUNMAN FUNMAN 10 years ago
This ZACKS article is interesting in the context they use, and what I see independently in the sector.

LOGI isn't a screaming buy but with the upward analyst revisions to an annual EPS of 71¢, the forward PE comes down to 19.

What makes this compelling are several things I have watched very closely:

1) When the LOGI excitement of the turn-around was in full swing, the PE was so far ahead of itself, at one point the PE was well over 50. That's crazy scary and can only be assigned to a growth company.

2) The LOGI turn-around is firmly in place going on two years already, and continues to be implemented.

3) The LOGI share price is more than $2 below it's 3 year high reached earlier this year in February.

4) The chart below only goes back 5 quarters. What's compelling are the consistent earnings beats.

EARNINGS SURPRISES

http://investing.money.msn.com/investments/earnings-estimates?symbol=LOGI

DESCRIPTION (6/13) (9/13) (12/13) (3/14) (6/14)


Estimate- 0.11 0.05 0.14 -0.01 0.06

Actual 0.02 0.17 0.32 0.10 0.19

Difference 0.13 0.12 0.18 0.11 0.13%

Change +118.18% +240.00% +128.57% +1,100.00% +216.67%


With the PE valuation coming in-line, any EPS beats are going to finally start to drive the share price up again. LOGI's fundamentals have finally caught up with the share price.

Why Logitech (LOGI) Stock Might be a Great Pick

August 20, 2014
by Zacks Equity Research
Published on August 20, 2014

One stock that might be an intriguing choice for investors right now is Logitech International SA (LOGI - Analyst Report). This is because this security in the peripheral equipments space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the peripheral equipments space as it currently has a Zacks Industry Rank of 17 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Logitech is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

In fact, over the past month, current quarter estimates have risen from 16 cents a share to 17 cents a share, while current year estimates have risen from 66 cents a share to 71 cents a share. This has helped LOGI to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position.

So, if you are looking for a decent pick in a strong industry, consider Logitech. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.


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FUNMAN FUNMAN 10 years ago
Logitech: This Peripheral Company Is Poised For Growth
August 05, 2014

LOGI was getting way ahead of itself price wise earlier this year, so the PPS pull back was justified. Now that their execution caught up to the price, I agree that LOGI is finally going to start rising based on strong underlying fundamentals.

LOGI trades with the market, so down days drag it down. It's given back more than half it's gain after another terrific earnings report two weeks ago. I'm just waiting to see how the correction is shaking out and then I am going to add to my position.

Disclosure: I am long LOGI and bought several times during the spring and summer of 2013 in the mid $6's and low $7's.

Logitech (LOGI) concluded fiscal 2014 in a solid fashion, delivering better than expected results. It seems that its three-year turnaround strategy is on a roll. Logitech was pleased with sales of its products, which were well-accepted by customers, enabling the company to achieve its goals that it set at the beginning of the fiscal year. On the back of its strong momentum, the company expects its sales and profitability to improve in the future.

Strong opportunities ahead

Logitech is seeing exciting growth opportunities in PC gaming, while the growing acceptance of tablets, mobile speakers and other accessories are some more tailwinds. Logitech is also well-positioned to expand its footprint beyond its traditional PC peripheral business. Moreover, it is also keeping a check over its expenses. It expects its cost cutting initiatives to be a key earnings growth driver in this new fiscal year as well.

Logitech’s moves are more dedicated toward profitability, and the company is now focusing on innovation to deliver better products. In this regard, the company’s moves to hire a chief design officer should lead to long-term improvements. The company has seen good progress in customers' purchase satisfaction levels for its products, which is justified by 121 design awards that it won recently.

Cost-cutting moves

Logitech is looking to continue its cost-cutting moves to improve its top line and profitability. Besides these initiatives, Logitech is also working on strengthening its savings strategy. Recently, Logitech also booked a $5 million restructuring charge as a part of its infrastructure savings, but it believes that these short-term pains will lead to long-term improvements.

It has consolidated its Silicon Valley campus from two to one. With this consolidation, Logitech is moving into an open space environment to improve collaboration. The company appears to be in good shape, and with such commendable moves, it can become a faster and more profitable company in the near future.

The way forward

Logitech's business model can deliver consistent cash flow on an annual basis. The company is well positioned for robust performance in fiscal 2015. It is expecting much traction in the PC gaming segment, driven by the launch of its newest gaming peripheral, the G502 Proteus Core tunable mouse. This product is already in good demand in the market. The company believes that there is solid potential for it to drive share gains in fiscal 2015. Further, Logitech has said that it will launch new, innovative gaming products in the coming months.

Moving on to the tablet segment, Logitech is seeing positive trends and expects that sales of tablets will increase in the coming days. So it is working on positioning its tablet keyboard to capture the market. The low price on the keyboards will also be an added advantage for the company. Logitech recently announced three new protected cases for the iPad, and more product introductions can be expected from throughout the fiscal year.

In the mobile speaker segment, Logitech sees strong demand for its new speaker, the UE BOOM. The company was not sure about the acceptance of this speaker, but it has outpaced expectations and has become a key reason for tripling speaker sales in the last year.

Conclusion

Logitech is seeing positive trends throughout the business. In addition, the company is laser-focused on cost-cutting and innovations. As such, investors should definitely consider investing in Logitech for the long run.
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FUNMAN FUNMAN 10 years ago
Logitech's Move into the Mobile Market Pays Off


BY John Mylant | 02/28/14 - 10:06 AM EST

NEW YORK (TheStreet) -- Logitech (LOGI_) has seen a stunning increase in the value of the stock through the second half of 2013 along with consecutive positive earnings surprises. Why is the stock doing so well?

It has had four straight quarters of earnings surprises where it beat analyst expectations. Something good has been happening just recently. Its last report in January saw the company beat analyst expectations in earnings, revenue and margins, a rarity for companies to do. Its shares are up 18% for the year to date as of its Thursday close of $16.16 compared with the Standard & Poor's 500, up 0.3% for the same period. Shares currently trade around $16.

Let's look at the company's performance over the last four quarters.

It appears Logitech is in a "turnaround" journey after years of mediocre performance. I believe the 2014 fiscal year supports the turnaround, at least the numbers do. It is planning its growth in the mobile market.

Why It has Suddenly Done Well

The company has been in a restructuring mode since 2012. There have been a number of steps the company has taken to move back into profitability and this includes:

?Reinvigorate the product portfolio
?Eliminated layers of business and sales management that wasn't needed
?Brand and portfolio management will also be reorganized
?Other functions are also been streamlined

Restructuring is expected to save the company $80 million in annual operating costs.

The company expected to benefit in three different ways as fiscal 2013 unfolded:

?A stronger product portfolio
?Simplifying organization processes
?Cost savings from restructuring

These things were to lead to better financial performance through 2013.

According to its investor presentations, we can see how in the last five quarters, the company's expectation of a better financial performance has really panned out. It has substantially beat analyst earnings estimates.

?December 2012: (Est. 0.34) (Act. 0.10) -70.59%
?March 2013: (Est. -0.12) (Act. -0.09 ) +25%
?June 2013: (Est. -0.11) (Act. 0.02) + 118.18%
?September 2013: (Est.0.05) (Act. 0.17) +240%
?December 2013: (Est. 0.14) (Act.0.32) +128.57%

This is one of the reasons the company has grown so much since July 2013.

Product Development Is the Key

The company's recent success may be attributed to the new product line for better enhanced customer satisfaction with the new Apple (AAPL_) iPad keyboard.

LOGI's new wired keyboard for the iPad will solve many problems that teachers face in schools. iPads have become more popular as they are being purchased by schools but they have also had to attempt to put together multiple wireless Bluetooth keyboards. Logitech's plug-in keyboard has full size keys, is durable as well as spill-resistant. It came out last year and recorded sizable sales.

It is in the mobile market that the company continues to focus its new products, slowly moving away from the desktop like other companies.

It intends to focus on penetrating the mobile market with accessories. Its "Keyboard Folio" and "Keyboard Folio Mini" are tablet and gaming accessories that are expected to create revenue long-term. In 4Q 2013, tablet accessories represented increased sales by 332% over the previous year with a total of $30.8 million.

With this in mind, it looks like the company is going to continue to perform well in the wireless industry. Its recent track record over the last year certainly backs up the quality of its products and shows that consumers are very interested. One cannot argue with numbers.

This company's productivity is doing well since it moved in the mobile market.

If you are interested in investing in Logitech, I would look to enter upon a dip. It has recently climbed at a 60% grade and I don't believe can keep up this level of growth. Usually, the steeper the grade; the steeper the correction.

At the time of publication, the author held no positions in any of the stocks mentioned.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.






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FUNMAN FUNMAN 10 years ago
16.29 Up 0.19(1.15%) 12:07PM EST - Nasdaq Real Time Price

How pretty is that?
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FUNMAN FUNMAN 10 years ago
My buys were between $6 - $7.35

I feel greedy not taking anything off the table, but I don't see LOGI slowing down. They are firing on all cylinders.

Sales continue in the PC arena, and the high profit new stuff is just kicking in.

LOGI is growing Free Cash too. More institutions might sit up and take notice if LOGI establishs a more regular and sustainable dividend.

LOGI is being creative and innovative. It's almost like a "text-book" case study that's going to be taught in Business Schools in the near future.

I see the next presentation as laying out more great stuff to come. If the next financials afterwards are another big step forward, I see LOGI moving up and through the $20's in 2014.
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TomAndries TomAndries 10 years ago
Absolutely agree! Management knows where it's going and how to keep Logitech relevant. Those who were lucky enough to find this gem and read up on it bought the stock and saw it double and we're still only scratching the surface.

There's still lots of room for growth once Logitech has all of its product ranges aligned and distribution channels optimized. Best part of this story is that Logitech is prioritizing design and innovation in their latest products and people seem to notice!
Presentation should paint a bright future & the company firing on all cylinders.
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FUNMAN FUNMAN 10 years ago
This is a fantastic reinvention of an existing product and transforming it into a must have new one, ala Apple adding colors to their i-phones. It gives someone a new reason to buy a new mouse just for the heck of it. My suggestion to LOGI would be to make them for sports teams too.

Logitech Global Fan Collection M317 wireless mice debut clad in national flags

http://www.slashgear.com/logitech-global-fan-collection-m317-wireless-mice-debut-clad-in-national-flags-07316096/

Logitech has been making mice and other computer peripherals for a very long time. The company makes some of the most popular mice out there and it is back with a new series of wireless mice. The new series is called The Global Fan Collection and all are designed to support national and team pride.

Logitech doesn't really say what sort of fans the mice are designed to woo, it really doesn't matter if your sport is soccer, football, or the Olympics, everyone takes pride in their national flag. The mouse used for the collection is the Logitech Wireless Mouse M317.

There are 13 different flag designs that you can get on the mouse. Logitech does say that they may not all be available in all regions. The flags available include the US, Argentina, UK, Brazil, France, Italy, Nederland, Spain, Russia, Mexico, Switzerland, Portugal, and Germany. Each of the flag bearing mice is $29.99.

The wireless mouse includes a very small Logitech Unifying Receiver that you can plug in your USB port and leave. The wireless range is up to 25 meters. Logitech also claims that the mouse can go a full year on a single AA battery. The sensitivity of the mouse is unknown.
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FUNMAN FUNMAN 10 years ago
I am beginning to believe management has a firm grip on what they have to do and won't disappoint at this presentation. The share price will have a post presentation bump up.


Logitech Inc.
Logitech to Brief Financial Community on Progress with its Turnaround and Growth Opportunities in Mobility

Meeting to Be Held on March 6 in New York City

NEWARK, Calif. & LAUSANNE, Switzerland--(BUSINESS WIRE)-- Logitech International (SIX: LOGN) (NASDAQ: LOGI) today announced it will hold an Analyst and Investor Day in New York City on Thursday, March 6, 2014. Presentations will begin at 9:00 a.m. Eastern Standard Time and 15:00 Central European Time. The half-day meeting will feature presentations by Logitech executives covering an update on the company's turnaround, key company growth opportunities, especially in mobility, business strategy and financial model. A live webcast and replay of the meeting will be available on the Logitech corporate Web site at http://ir.logitech.com.

About Logitech

Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).

Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company's website at www.logitech.com.

(LOGIIR)




Logitech International
Joe Greenhalgh
Vice President, Investor Relations - USA
510-713-4430
or
Nancy Morrison
Vice President, Corporate Communications - USA
510-713-4948
or
Laura Scorza
Sr. Public Relations Manager - Europe
+41-(0) 21-863-5336

Source: Logitech International

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FUNMAN FUNMAN 10 years ago
16.16 Up 0.61(3.92%) 4:00PM EST

This is beautiful
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FUNMAN FUNMAN 10 years ago
16.06 Up 2.84(21.48%) 1:36PM EST - Nasdaq Real Time Price

This is lovely.
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FUNMAN FUNMAN 10 years ago
Goldman Sachs Upgrades Logitech International (LOGI) to Buy
January 14, 2014 7:18 AM EST

Goldman Sachshttp://www.streetinsider.com/# upgraded Logitech International (NASDAQ:LOGI) from Neutral to Buyhttp://www.streetinsider.com/# (12m price target now SFr17), as they think the combination of restructuring and stabilizing PC fundamentals into 2015 can drive a continued multiple re-rating despite recent outperformance.

For an analyst ratings summary and ratings history on Logitech International click here. For more ratings newshttp://www.streetinsider.com/# on Logitech International click here.

Shares of Logitech International closed at $13.82 yesterday, with a 52 week range of $6.24-$14.29.



Logitech International SA (LOGI) -NasdaqGS ?
14.48 Up 0.55(3.99%) 10:46AM EST - Nasdaq Real Time Price
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colaroaster colaroaster 10 years ago
big box retailers and online stores

over the holidays i noticed logi was everywhere. clearly this company isn't going away and is actually a preferred vendor. add in bottom line cash flow crushing expectations this thing has room to rip green bars.

plus company buy backs about kick in
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FUNMAN FUNMAN 10 years ago
At least I know why LOGI got killed today.

Logitech International SA Lowered to Sell at S&P Equity Research (LOGI)
Posted by Joseph Griffin on Jan 2nd, 2014 // No Comments

Logitech International SA (NASDAQ:LOGI) was downgraded by stock analysts at S&P Equity Research to a “sell” rating in a report issued on Thursday, Analyst RN reports.
Logitech International SA (NASDAQ:LOGI) traded down 3.07% on Thursday, hitting $13.2699. 284,101 shares of the company’s stock traded hands. Logitech International SA has a 52 week low of $6.24 and a 52 week high of $13.80. The stock’s 50-day moving average is $11.97 and its 200-day moving average is $9.00. The company’s market cap is $2.131 billion.

Logitech International SA (NASDAQ:LOGI) last released its earnings data on Wednesday, October 23rd. The company reported $0.09 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.06 by $0.03. The company had revenue of $531.97 million for the quarter, compared to the consensus estimate of $502.63 million.

LOGI has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Logitech International SA in a research note to investors on Friday, December 20th. They now have a $14.00 price target on the stock. Separately, analysts at TheStreet upgraded shares of Logitech International SA from a “sell” rating to a “hold” rating in a research note to investors on Sunday, November 3rd. Finally, analysts at TheStreet upgraded shares of Logitech International SA from a “sell” rating to a “hold” rating in a research note to investors on Friday, October 25th. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. The stock currently has an average rating of “Hold” and an average target price of $9.67.

Logitech International SA (NASDAQ:LOGI) is a provider of personal peripherals for computers and other digital platforms.


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FUNMAN FUNMAN 10 years ago
close: 13.64

Open: 13.78

High: 13.80

Low: 13.63

Volume: 276,158

Too bad the support evaporated throughout the day.
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FUNMAN FUNMAN 10 years ago
$13.35 + 0.15 LOGI is only going one way, up!
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FUNMAN FUNMAN 10 years ago
Unfreak'in believable. LOGI Rocks.

Logitech International SA (LOGI) -NasdaqGS ? Follow
12.05 Up 0.66(5.79%) 4:00PM EST
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colaroaster colaroaster 10 years ago
good things to come in '14

buy out?
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FUNMAN FUNMAN 10 years ago
LOGI continues to go straight up. The easy money has been made.

With the execution of their turn-around plan going great, the proof is in the numbers and they have plenty of room to grow.

I see reviews of their products from all over the world and they are always good or better.

Go LOGI
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FUNMAN FUNMAN 11 years ago
$9.03 Up 0.14 UP (1.57%)

This is the first time LOGI closed above $9.

I'm loving it.
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FUNMAN FUNMAN 11 years ago
Logitech CEO on Strategy, Outlook, Mobile Market


http://www.businessweek.com/videos/2013-09-25/logitech-ceo-on-strategy-outlook-mobile-market
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FUNMAN FUNMAN 11 years ago
Logitech Upped to Outperform

by Zacks Equity Research
September 30, 2013


On Sep 27, we upgraded our recommendation on computer peripheral company Logitech International SA (LOGI - Analyst Report) to Outperform based on its improved prospects. Logitech, which focuses on the lucrative gaming and tablet accessories market, also carries a Zacks #1 Rank (Strong Buy). The bullish sentiment came also on the back of the company's launch of innovative products in the tablet accessories market, which expanded its product range beyond the traditional PC market.


Why the Upgrade?

Logitech’s first quarter fiscal 2014 earnings came in at 2 cents, which outpaced the Zacks Consensus Estimate of a loss of 11 cents and a prior-year quarter loss of 32 cents per share. The company posted net income of $1.0 million in the reported quarter compared with net loss of $51.4 million in the year-earlier quarter. Revenues increased 22% from the year-ago period to $477.9 million, easily surpassing the Zacks Consensus Estimate of $428 million by 11.7%. Over the past four quarters, Logitech has delivered an average surprise of 28.2%.

Following the release of first quarter results, the Zacks Consensus Estimate for 2014 has surged 18.2% to 26 cents per share. Moreover, the Zacks Consensus Estimate for 2015 also increased 22.9% to 43 cents per share.

Apart from strong first quarter results, Logitech’s growth story looks compelling. Logitech, which was primarily operating in the outdated PC markets and incurring severe losses until a few months back, has now successfully transformed to capture the potential offered by the latest devices such as smartphones and tablets - which are stimulating the demand for peripherals and accessories. Logitech has tapped the opportunities in both the mature and emerging markets; The company launched a number of new and innovative products. Logitech’s new Apple Inc. (AAPL - Analyst Report) keyboard has been gaining strong momentum. In addition, its universal remote app for iPhone and Android is also helping revenue growth.

In addition, Logitech continues to tap the high potential market for accessories through expanding its product lines. Recently, Logitech introduced its first protective folios for Samsung Electronics tablets to expand its tablet accessories lineup. The new collection includes an Ultrathin Keyboard Folio for Samsung Galaxy Tab 3, along with Folio Protective cases for three different versions of Samsung Galaxy Tab.

In the latest reported quarter, Tablet Accessories was the best performer among its retail product category, with sales increasing a robust 143% year over year.

Further, the company’s restructuring and turnaround plans along with strategic divestitures to become a more focused company also ensure long-term growth.
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reasondeep reasondeep 11 years ago
Looking good, near-term target hit. :)
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