$0.29 EPS Expected for Logitech International SA (USA) (LOGI)

October 1, 2017 – By Adrian Erickson

Investors sentiment decreased to 1.33 in 2017 Q2. Its down 0.10, from 1.43 in 2017Q1. It dropped, as 11 investors sold Logitech International SA (USA) shares while 34 reduced holdings. 22 funds opened positions while 38 raised stakes. 58.97 million shares or 4.67% more from 56.34 million shares in 2017Q1 were reported.
Exane Derivatives reported 6,905 shares stake. Dekabank Deutsche Girozentrale invested in 240,479 shares. Aqr Capital Mgmt Ltd Limited Liability Company stated it has 311,697 shares or 0.02% of all its holdings. Comerica Natl Bank reported 12,026 shares or 0% of all its holdings. Oppenheimer & Company holds 0.01% or 8,500 shares in its portfolio. Peak6 Investments Limited Partnership invested 0% in Logitech International SA (USA) (NASDAQ:LOGI). 29,600 are owned by Susquehanna Gru Llp. Commerzbank Aktiengesellschaft Fi has 0.11% invested in Logitech International SA (USA) (NASDAQ:LOGI) for 184,019 shares. Ww Asset Mgmt owns 0.01% invested in Logitech International SA (USA) (NASDAQ:LOGI) for 10,193 shares. Ontario Teachers Pension Plan Board holds 8,225 shares or 0% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 0.84% or 2.32 million shares. Raymond James And Assoc owns 54,863 shares. Stifel Financial holds 32,826 shares. Eqis Capital Mngmt Incorporated owns 44,563 shares or 0.09% of their US portfolio. 5.30 million are held by Jpmorgan Chase.

Since May 2, 2017, it had 0 insider purchases, and 1 sale for $3.42 million activity. Stolk Marcel also sold $3.42M worth of Logitech International SA (USA) (NASDAQ:LOGI) on Tuesday, May 2.

Investors wait Logitech International SA (USA) (NASDAQ:LOGI) to report on October, 24. its quarterly earnings Wall Street analysts expect $0.29 EPS, down $0.01 or 3.33 % from last year’s $0.3 same quarter earnings. This translates into $50.11 million profit for LOGI giving the stock a 31.43 P/E. This is assuming the current $0.29 EPS is accurate. Logitech International SA (USA)’s Wall Street analysts see 31.82 % EPS growth, taking into account the $0.22 EPS reproted in the previous quarter, The stock increased 0.05% or $0.02 on September 29, reaching $36.46. About 345,362 shares traded or 14.55% up from the average. Logitech International SA (USA) (NASDAQ:LOGI) has risen 143.25% since October 1, 2016 and is uptrending. It has outperformed by 126.55% the S&P500.

Logitech International SA (USA) (NASDAQ:LOGI) Ratings Coverage

Among 6 analysts covering Logitech Intl SA (NASDAQ:LOGI), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Logitech Intl SA had 6 analyst reports since August 19, 2015 according to SRatingsIntel. On Wednesday, August 10 the stock rating was upgraded by Morgan Stanley to “Equal-Weight”. As per Wednesday, August 19, the company rating was initiated by Rosenblatt. JP Morgan upgraded Logitech International SA (USA) (NASDAQ:LOGI) on Thursday, October 27 to “Neutral” rating. The firm earned “Neutral” rating on Tuesday, August 23 by UBS. The firm has “Neutral” rating given on Tuesday, April 5 by Sterne Agee CRT.

Logitech International S.A. is a holding company. The company has market cap of $6.30 billion. The Firm designs, makes and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms. It has a 27.45 P/E ratio. The Firm operates through peripheral segment.

More notable recent Logitech International SA (USA) (NASDAQ:LOGI) news were published by: Investorplace.com which released: “Logitech International SA (USA) (LOGI) Shares Plunge Despite Better-Than …” on July 25, 2017, also Fool.com with their article: “Why Is Logitech International SA (USA) Soaring Today?” published on January 22, 2015, Investorplace.com published: “Logitech International SA (LOGI) to Boost Console Market Foothold With Astro …” on August 15, 2017. More interesting news about Logitech International SA (USA) (NASDAQ:LOGI) were released by: Marketwatch.com and their article: “36.50” published on July 23, 2009 as well as Benzinga.com‘s news article titled: “Logitech Is Ready To Show It Is Bigger Than Just Computer Mouses” with publication date: March 06, 2017.