Logitech(LOGI)

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What's in the Offing for Logitech (LOGI) This Earnings Season?
ZACKS· 2024-07-19 14:32
Logitech International (LOGI) is slated to report first-quarter fiscal 2025 results on Jul 22. The Zacks Consensus Estimate for first-quarter fiscal 2025 revenues is pegged at $1.03 billion, which indicates an increase of 6.1% from the year-ago quarter. The consensus mark for non-GAAP earnings stands at 89 cents per share, which suggests a robust rise of 36.9% from the year-ago quarter's earnings of 65 cents. Earnings estimates for the first quarter have remained unchanged in the past 60 days. Let's see how ...
Top Stocks to Buy for Growth as Earnings Approach
ZACKS· 2024-07-19 00:45
Investors will want to pay attention to several top-rated Zacks stocks that are set to report their quarterly results on Monday, July 22. With representation from a variety of sectors, here are three of these top stocks to consider as earnings approach. Logitech International (LOGI) Sporting a Zacks Rank #1 (Strong Buy) we'll start with Logitech International, a global leader in external devices that connect to computers for input or output (peripherals). At the moment the Zacks Computer-Peripheral Equipmen ...
HEAR vs. LOGI: Which Stock Is the Better Value Option?
ZACKS· 2024-07-16 16:46
Investors interested in stocks from the Computer - Peripheral Equipment sector have probably already heard of Turtle Beach (HEAR) and Logitech (LOGI) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels. Another notable valuation metric for HEAR is its P/B ratio of 2.66. Investor ...
Logitech (LOGI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-15 15:06
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 22. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $1.03 billion, up 6.1% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates ov ...
Logitech (LOGI) Expands Its Portfolio With Latest Speaker
ZACKS· 2024-06-27 15:45
Core Insights - Logitech is expanding its market share in the consumer electronic accessories space with innovative products, supported by a projected CAGR of 5.68% from 2021 to 2032 in this market [2] - The company is recovering from the post-pandemic downturn, with shares returning 1.3% year-to-date, contrasting with a 22.6% decline in the Zacks Computer Peripheral Equipment Market [7] - Logitech's brand, Ultimate Ears, has introduced the portable speaker EVERBOOM and upgraded existing speakers with new features [11] Product Innovations - The EVERBOOM speaker is waterproof, dustproof, rated IP67, has a Bluetooth range of 55 meters, and a playtime of up to 20 hours [1] - Ultimate Ears has added a megaphone feature to its BOOM app, allowing users to project their voice through the speaker [5] - Logitech has improved its product lineup for Mac OS and iPadOS, including dedicated macOS keyboards [6] Strategic Partnerships and Certifications - Logitech has certified its Sight AI Camera for Microsoft Teams and verified its mouse and keyboard for Intel Evo laptops, meeting strict reliability and security requirements [3][13] - The company has launched a dedicated lineup of products for Apple's Mac under the brand name Logi for Mac [9] Market Outlook - The recovery in the personal computer market is expected to provide further growth momentum for Logitech, with fiscal 2025 earnings estimates revised upward from $4.07 to $4.28 [14]
Logitech (LOGI) Expands Its Gaming Portfolio With New Keyboard
ZACKS· 2024-06-26 15:06
Core Insights - Logitech G has launched the G515 LIGHTSPEED TKL Wireless Gaming Keyboard, featuring a low-profile design that enhances typing comfort without the need for wrist support [1] - The consumer electronic accessories market is projected to grow at a CAGR of 5.68% from 2021 to 2032, indicating a favorable environment for Logitech's expansion in this sector [2] - Logitech has certified its peripherals to work seamlessly with major industry players like Microsoft and Intel, enhancing its product compatibility and market presence [3] Product Innovation and Market Position - Logitech is a leading player in the Gaming Accessories Market, continuously innovating and expanding its product lines to maintain market leadership [5] - The company has introduced various products for the office electronic accessories market, including the Casa Pop-Up Desk and a dedicated lineup for Apple's Mac ecosystem [7][11] - Logitech's innovative product lineup includes features like sound-dampening foam, pre-lubricated switches, and LIGHTSPEED Wireless Pairing technology, enhancing user experience [13] Financial Performance and Market Recovery - Logitech's fiscal 2025 earnings estimate has been revised upward from $4.07 to $4.28, reflecting positive growth expectations [4] - The company's share price has shown resilience, gaining 3.1% year-to-date, contrasting with a 22.4% decline in the broader Zacks Computer - Peripheral Equipment industry [6] - Logitech is on a recovery path from the post-pandemic downturn, supported by a rebound in the personal computers market [12] Strategic Partnerships and Investment Potential - Logitech holds a Zacks Rank 1 (Strong Buy) and a Growth Score of B, indicating solid investment opportunities based on its growth potential [9] - The company's strategic partnerships and ability to adapt to market dynamics position it as a compelling investment option in the tech peripherals space [16]
Logitech (LOGI) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-06-17 17:01
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. As such, the Zacks rating upgrade for Logitech is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. For Logitech, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in ...
Buy Logitech (LOGI) Stock to Enhance Your Portfolio Returns
ZACKS· 2024-06-17 12:45
Considering healthy fundamentals, along with an impressive earnings growth potential, the stock appears to be a solid investment option at the moment. Additionally, recovery in PC sales will provide further growth momentum to Logitech as PCs are the main sales booster for computer peripheral products. According to the latest data released by International Data Corporation, the worldwide traditional PC market returned to growth in the first quarter of 2024 following two years of a decline. The research firm ...
APELY or LOGI: Which Is the Better Value Stock Right Now?
ZACKS· 2024-06-10 16:45
Core Viewpoint - Alps Electric (APELY) is currently rated as a Strong Buy (1) by Zacks, while Logitech (LOGI) holds a Hold (3) rating, indicating a more favorable outlook for APELY in terms of earnings estimates and value investment potential [1][3]. Valuation Metrics - APELY has a forward P/E ratio of 21.72, which is lower than LOGI's forward P/E of 23.63, suggesting APELY may be undervalued compared to LOGI [2]. - The PEG ratio for APELY is 0.55, indicating a better valuation relative to its expected earnings growth compared to LOGI's PEG ratio of 2.81, which suggests higher growth expectations but also higher valuation [2]. - APELY's P/B ratio stands at 0.65, significantly lower than LOGI's P/B of 7.16, further indicating that APELY may be undervalued based on its book value [9]. Investment Appeal - APELY's Value grade is rated A, while LOGI's Value grade is rated D, highlighting APELY's stronger position as a value investment opportunity [6]. - The Zacks Rank and Style Scores models favor APELY over LOGI, suggesting that value investors may find APELY to be the better option currently [3][4].
Why Is Logitech (LOGI) Up 21.7% Since Last Earnings Report?
zacks.com· 2024-05-29 16:35
A month has gone by since the last earnings report for Logitech (LOGI) . Shares have added about 21.7% 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's Q4 Earnings and Revenues Crush Estimates Logit ...