I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a ...

Logitech International S.A. (LOGI) is currently trading at a forward price-to-earnings (P/E) ratio of 19.52, lower than the Zacks Computer-Peripheral Equipment industry average of 24.46x and the Zacks Computer and Technology sector's average of 26.74x. This attractive valuation comes in the wake of a pullback in Logitech's stock price after a strong run in 2023, making it an appealing option for investors considering an entry point. Logitech's stock has seen a 4.9% decline so far this year due to investors ...

Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators that assist investors in selecting stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [2] Value Score - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors [3] Growth Score - The Growth Score focuses on a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow to find stocks with sustainable growth [3] Momentum Score - The Momentum Score helps investors capitalize on price trends by evaluating one-week price changes and monthly earnings estimate changes, indicating favorable buying times for high-momentum stocks [4] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator that highlights stocks with the best value, growth forecasts, and momentum [5] Zacks Rank - The Zacks Rank is a proprietary model based on earnings estimate revisions, aiding investors in building successful portfolios [6] - Stocks rated 1 (Strong Buy) have achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7] Investment Strategy - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while stocks with a 3 rank should also have high Style Scores for potential upside [8] Stock Analysis: Logitech (LOGI) - Logitech International S.A. is a leading global provider of peripherals for personal computers and digital platforms, with a Zacks Rank of 3 (Hold) and a VGM Score of A [10] - Logitech is positioned as a growth pick, with a Growth Style Score of A and a forecasted year-over-year earnings growth of 4.2% for the current fiscal year [11] - Recent upward revisions in earnings estimates by five analysts have increased the Zacks Consensus Estimate to $4.43 per share, with an average earnings surprise of 46.5% [11]

Logitech (LOGI) shares have soared 20.3% over the past year, outperforming the Zacks Computer - Peripheral Equipment industry's decline of 14.2%. This outperformance reflects investors' growing optimism about Logitech, which has been trying to recover from the post-pandemic downturn. The company is constantly trying to enrich its portfolio with new product launches to drive sales. Logitech recently expanded its Bluetooth speaker portfolio with MINIROLL under the Ultimate Ears brand. LOGI launched this produ ...

Core Viewpoint - Logitech International's recent annual general meeting (AGM) revealed investor disappointment regarding the company's dividend payout, leading to a decline in stock value despite the approval of all proposed measures [1][2]. Dividend Declaration - Logitech proposed an annual dividend of 1.16 Swiss francs ($1.19) per share, which was approved by shareholders [2]. - The new dividend represents a slight increase of 0.10 francs ($0.12) compared to the previous payout, but in U.S. dollar terms, it remains effectively unchanged due to the Swiss franc's appreciation against the dollar [3]. Shareholder Sentiment - The stock experienced a 2.7% decline on the day of the AGM, which was more significant than the S&P 500 index's decrease of 0.2%, indicating negative sentiment among investors [1]. Future Plans - Logitech expressed intentions to continue paying dividends and repurchasing shares to support stock value, although no specific details were provided regarding these activities [4]. Dividend Payment Timeline - The company anticipates the record and payment dates for the new dividend to be September 24 and September 25, respectively, with an expected yield of just under 1.4% based on the most recent closing share price [5].

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The ...

It has been about a month since the last earnings report for Logitech (LOGI) . Shares have added about 2.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Logitech due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Logitech Q1 Earnings and Revenues Surpass Estimates ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Score ...

Core Viewpoint - Logitech's stock has underperformed the S&P 500 composite over the past month, returning -8.2% compared to the index's -1.2% change, but it holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near term [1]. Financial Performance - For the quarter ended June 2024, Logitech reported revenue of $1.09 billion, reflecting an 11.7% increase year-over-year. The earnings per share (EPS) was $1.13, up from $0.65 in the same quarter last year [3]. - The reported revenue exceeded the Zacks Consensus Estimate of $1.03 billion, resulting in a surprise of +5.30%. The EPS also surpassed expectations by +26.97%, with the consensus estimate being $0.89 [6]. Segment Performance - Net Sales in Gaming reached $309.48 million, exceeding the average analyst estimate of $293.90 million, marking a year-over-year increase of +16.2% [5]. - Net Sales for Keyboards & Combos were $215.33 million, surpassing the estimate of $189.65 million, with a year-over-year change of +19.1% [5]. - Net Sales in Pointing Devices amounted to $189.95 million, above the estimate of $181.05 million, representing an +8.9% change year-over-year [5]. - Other segment sales were $30.74 million, slightly above the estimate of $29.94 million [5]. - Webcams reported sales of $72.90 million, below the estimate of $76.54 million, reflecting a -3.1% change year-over-year [5]. - Tablet Accessories achieved sales of $78.54 million, exceeding the estimate of $76.21 million, with an +11.7% year-over-year change [5]. - Headsets generated $44.24 million in sales, surpassing the estimate of $38.29 million [5]. - Video Collaboration sales were $147.04 million, slightly below the estimate of $147.94 million, with a year-over-year increase of +5.5% [5].

Sales Performance - Total sales for the three months ended June 30, 2024, increased by 12% to $1,088.2 million compared to $974.5 million for the same period in 2023, driven by improved demand in Gaming, Keyboards & Combos, and Pointing Devices [142]. - The Americas region generated sales of $485.3 million, up from $445.2 million in the prior year, while EMEA and Asia Pacific regions reported sales of $309.8 million and $293.1 million, respectively [158]. Financial Metrics - The income tax provision for the three months ended June 30, 2024, was $25.6 million, compared to $12.5 million for the same period in 2023, primarily due to the mix of income and losses in various tax jurisdictions [143]. - The company had uncommitted, unsecured bank lines of credit totaling $171.8 million as of June 30, 2024, with no outstanding borrowings under these lines [146]. - The company’s goodwill and other intangible assets increased slightly from $461.978 million as of March 31, 2024, to $462.003 million as of June 30, 2024 [145]. Share Repurchase - The company repurchased 1.4 million shares for an aggregate cost of $132.1 million under the 2023 share repurchase program during the three months ended June 30, 2024 [150]. Currency Exposure - Approximately 49% of the company's sales for the three months ended June 30, 2024, were in non-U.S. denominated currencies, with 21% of sales in Euro, exposing the company to currency exchange rate risks [289]. Strategic Direction - The ongoing growth in gaming and social gaming presents opportunities for the company to expand its product offerings to a wider community of gamers [138]. - The company is continuously reviewing its product offerings and strategic direction in light of profitability targets and changing consumer trends [136]. Legal Proceedings - The company is involved in several legal proceedings but does not believe that these will have a material adverse effect on its financial condition [149].