Logitech International (NASDAQ:LOGI) Issues Earnings Results, Beats Estimates By $0.55 EPS

Logitech International (NASDAQ:LOGI) posted its quarterly earnings results on Tuesday. The technology company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.55, FiscalAI reports. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.20 billion. Logitech International had a return on equity of 34.09% and a net margin of 14.69%.

Logitech International Stock Up 3.6%

Shares of LOGI traded up $3.84 during midday trading on Tuesday, hitting $111.66. The company had a trading volume of 2,631,493 shares, compared to its average volume of 1,168,197. The stock has a market cap of $16.37 billion, a price-to-earnings ratio of 23.26, a PEG ratio of 4.43 and a beta of 1.17. The company’s 50 day moving average price is $106.20 and its 200 day moving average price is $98.33. Logitech International has a 52 week low of $83.32 and a 52 week high of $129.66.

Logitech International Cuts Dividend

The business also recently announced an annual dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Tuesday, September 22nd will be given a $1.36 dividend. The ex-dividend date of this dividend is Tuesday, September 22nd. This represents a dividend yield of 126.0%. Logitech International’s payout ratio is presently 10.88%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on LOGI shares. Wall Street Zen downgraded shares of Logitech International from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Bank of America cut Logitech International from a “neutral” rating to an “underperform” rating and set a $86.00 price target for the company. in a report on Tuesday, June 30th. Citigroup upped their price target on Logitech International from $115.00 to $124.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Morgan Stanley lowered their price objective on shares of Logitech International from $89.00 to $88.00 and set an “underweight” rating for the company in a research report on Wednesday, July 8th. Finally, Wedbush reiterated an “outperform” rating and set a $135.00 price objective on shares of Logitech International in a research note on Wednesday, July 22nd. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $109.57.

Institutional Investors Weigh In On Logitech International

Several institutional investors and hedge funds have recently made changes to their positions in LOGI. Invesco Ltd. raised its stake in Logitech International by 34.1% during the fourth quarter. Invesco Ltd. now owns 593,588 shares of the technology company’s stock worth $59,489,000 after acquiring an additional 150,825 shares during the period. Corient Private Wealth LLC increased its holdings in shares of Logitech International by 4.6% in the 4th quarter. Corient Private Wealth LLC now owns 14,264 shares of the technology company’s stock worth $1,415,000 after acquiring an additional 623 shares during the period. Summit Global Investments bought a new stake in Logitech International in the 4th quarter valued at about $365,000. Achmea Investment Management B.V. lifted its position in Logitech International by 151.1% in the 4th quarter. Achmea Investment Management B.V. now owns 69,662 shares of the technology company’s stock valued at $7,169,000 after purchasing an additional 41,920 shares during the last quarter. Finally, State of Tennessee Department of Treasury boosted its stake in Logitech International by 1.2% during the 4th quarter. State of Tennessee Department of Treasury now owns 97,078 shares of the technology company’s stock valued at $9,729,000 after purchasing an additional 1,142 shares during the period. 45.76% of the stock is owned by institutional investors and hedge funds.

More Logitech International News

Here are the key news stories impacting Logitech International this week:

• Positive Sentiment: Logitech reported quarterly revenue of approximately $1.23 billion, ahead of the $1.20 billion analyst consensus. EPS was reported at $1.85, exceeding expectations of $1.30 by $0.55. Logitech quarterly earnings report
• Positive Sentiment: Underlying profitability improved sharply: third-party financial data indicated gross profit rose 26.9%, operating profit increased 59.5%, and net income attributable to common shareholders climbed 61.4% to $235.7 million. Operating cash flow also increased 33.3% to $166.7 million. Logitech fiscal 2027 first-quarter financial results
• Positive Sentiment: Logitech’s cash balance reached about $1.75 billion, up 17.6% year over year, supporting the company’s financial flexibility. Logitech announces fiscal 2027 first-quarter results
• Neutral Sentiment: Management’s second-quarter revenue outlook of approximately $1.2 billion was broadly in line with analyst expectations. The company did not provide a specific EPS forecast in the update. Logitech fiscal 2027 guidance
• Negative Sentiment: The tariff refund boosted the quarter’s results but may not recur, creating a potential comparison headwind for future periods. Investors may also focus on whether Logitech can sustain its expanded margins without further tariff relief. Logitech beats forecasts after U.S. tariff refund

Logitech International Company Profile

Logitech International SA is a Swiss-headquartered company that designs, manufactures and markets a wide range of computer peripherals and accessories for consumers, gamers and business customers. Founded in 1981, the company develops hardware and complementary software that enable people to interact with digital devices across work, home and entertainment settings. Logitech maintains corporate offices in Switzerland and significant operations in the United States and other regions worldwide.

The company’s product portfolio includes mice, keyboards, webcams, headsets, microphones, speakers, remote controls and other input/output devices, along with specialized lines for gaming, streaming and video collaboration.