Zacks Research Issues Pessimistic Estimate for LOGI Earnings

Logitech International S.A. (NASDAQ:LOGI) – Investment analysts at Zacks Research decreased their Q2 2027 earnings estimates for Logitech International in a research note issued to investors on Tuesday, May 19th. Zacks Research analyst Team now expects that the technology company will post earnings per share of $1.19 for the quarter, down from their prior estimate of $1.20. The consensus estimate for Logitech International’s current full-year earnings is $5.16 per share. Zacks Research also issued estimates for Logitech International’s Q3 2027 earnings at $1.67 EPS, Q4 2027 earnings at $0.96 EPS, FY2027 earnings at $4.94 EPS, Q2 2028 earnings at $1.23 EPS, Q3 2028 earnings at $1.69 EPS, Q4 2028 earnings at $1.00 EPS and FY2028 earnings at $5.16 EPS.

A number of other analysts have also recently weighed in on the stock. Weiss Ratings cut shares of Logitech International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Citigroup raised their target price on shares of Logitech International from $115.00 to $124.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Barclays raised their target price on shares of Logitech International from $98.00 to $105.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. UBS Group cut shares of Logitech International from a “buy” rating to a “neutral” rating in a report on Tuesday, March 17th. Finally, Wall Street Zen cut shares of Logitech International from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $113.67.

Logitech International Stock Performance

Shares of NASDAQ:LOGI opened at $105.80 on Friday. The stock has a market capitalization of $15.51 billion, a price-to-earnings ratio of 22.04, a PEG ratio of 2.64 and a beta of 1.07. Logitech International has a 1-year low of $81.98 and a 1-year high of $123.01. The company has a 50 day moving average price of $96.71 and a 200 day moving average price of $100.10.

Logitech International (NASDAQ:LOGI) last issued its earnings results on Tuesday, May 5th. The technology company reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Logitech International had a net margin of 14.69% and a return on equity of 34.12%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the firm posted $0.93 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Groupe la Francaise bought a new position in shares of Logitech International during the 1st quarter valued at $4,668,000. Bank of America Corp DE raised its holdings in shares of Logitech International by 16.5% during the 1st quarter. Bank of America Corp DE now owns 915,733 shares of the technology company’s stock valued at $83,442,000 after purchasing an additional 129,967 shares in the last quarter. Amundi raised its holdings in shares of Logitech International by 51.2% during the 1st quarter. Amundi now owns 1,665,096 shares of the technology company’s stock valued at $151,724,000 after purchasing an additional 563,564 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Logitech International by 14.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,485 shares of the technology company’s stock valued at $226,000 after purchasing an additional 320 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Logitech International by 75.5% during the 1st quarter. Royal Bank of Canada now owns 396,339 shares of the technology company’s stock valued at $36,115,000 after purchasing an additional 170,485 shares in the last quarter. Institutional investors own 45.76% of the company’s stock.

Key Headlines Impacting Logitech International

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

• Positive Sentiment: Zacks Research raised its FY2027 EPS estimate for Logitech to $4.94 from $4.92, suggesting slightly better profit expectations for the coming fiscal year.
• Positive Sentiment: Zacks Research also increased its Q3 2028 EPS estimate to $1.69 from $1.55, reflecting a more optimistic view of Logitech’s longer-term earnings power.
• Positive Sentiment: Logitech filed its Annual Report on Form 10-K for fiscal 2026, removing a major disclosure milestone and confirming the company remains on track with its reporting obligations. Logitech Files Annual Report on Form 10-K
• Neutral Sentiment: Analysts at Zacks Research reiterated a broad set of future earnings estimates, and the stock currently has a consensus “Hold” rating, which suggests Wall Street remains cautious but not bearish overall.
• Negative Sentiment: Zacks Research cut its Q4 2027 EPS estimate to $0.96 from $1.01, implying softer expectations for that quarter.
• Negative Sentiment: The firm also lowered its Q2 2028 EPS estimate to $1.23 from $1.28, Q4 2028 EPS to $1.00 from $1.21, and FY2028 EPS to $5.16 from $5.27, which could slightly pressure sentiment on Logitech’s longer-dated growth outlook.

About Logitech International

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.