Logitech International SA Hits New 52-Week High at $13.80 (LOGI)
Shares of Logitech International SA (NASDAQ:LOGI) hit a new 52-week high during trading on Monday, AnalystRatingsNetwork.com reports. The stock traded as high as $13.80 and last traded at $13.68, with a volume of 344,431 shares trading hands. The stock had previously closed at $13.40.
A number of analysts have recently weighed in on LOGI shares. Analysts at S&P Equity Research downgraded shares of Logitech International SA to a “sell” rating in a research note to investors on Thursday. Separately, 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. 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 Sunday, November 3rd. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $9.67.
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 $12.27 and its 200-day moving average is $9.16. The company’s market cap is $2.182 billion.
Logitech International SA (NASDAQ:LOGI) last posted its quarterly earnings results 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. On average, analysts predict that Logitech International SA will post $0.28 earnings per share for the current fiscal year.
Logitech International SA (NASDAQ:LOGI) is a provider of personal peripherals for computers and other digital platforms.
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