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

September 22, 2017 – By Peter Erickson

Investors sentiment decreased to 1.33 in Q2 2017. Its down 0.10, from 1.43 in 2017Q1. It turned negative, 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 holds 6,905 shares or 0% of its portfolio. Dimensional Fund Advsr Lp accumulated 331,214 shares. Tower Rech Ltd Company (Trc) stated it has 532 shares. Geode Capital Mngmt Limited Liability Company, Massachusetts-based fund reported 97,240 shares. James Investment Research holds 0.05% in Logitech International SA (USA) (NASDAQ:LOGI) or 47,432 shares. Wellington Management Group Llp stated it has 0% of its portfolio in Logitech International SA (USA) (NASDAQ:LOGI). Citigroup owns 698,112 shares for 0.02% of their portfolio. Wells Fargo And Communications Mn reported 11,533 shares or 0% of all its holdings. Moreover, Peak6 Invests L P has 0% invested in Logitech International SA (USA) (NASDAQ:LOGI). Landscape Capital Mgmt Ltd Llc has 59,014 shares. Sg Americas Secs Ltd reported 3,696 shares or 0% of all its holdings. The New Jersey-based Private Advisor Gp Llc has invested 0.02% in Logitech International SA (USA) (NASDAQ:LOGI). Schroder Invest Mgmt Gp reported 4.70 million shares. Moreover, Gratry Co Ltd has 1.42% invested in Logitech International SA (USA) (NASDAQ:LOGI) for 31,540 shares. Oppenheimer & Inc stated it has 0.01% of its portfolio in Logitech International SA (USA) (NASDAQ:LOGI).

Since May 2, 2017, it had 0 buys, and 1 sale for $3.42 million activity. Stolk Marcel sold 100,000 shares worth $3.42M.

Analysts await Logitech International SA (USA) (NASDAQ:LOGI) to report earnings on October, 24. They expect $0.29 earnings per share, down 3.33 % or $0.01 from last year’s $0.3 per share. LOGI’s profit will be $50.64 million for 31.65 P/E if the $0.29 EPS becomes a reality. After $0.22 actual earnings per share reported by Logitech International SA (USA) for the previous quarter, Wall Street now forecasts 31.82 % EPS growth. The stock decreased 1.84% or $0.69 during the last trading session, reaching $36.71. About 309,336 shares traded. Logitech International SA (USA) (NASDAQ:LOGI) has risen 143.25% since September 22, 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. Sterne Agee CRT initiated Logitech International SA (USA) (NASDAQ:LOGI) on Tuesday, April 5 with “Neutral” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, August 10. The rating was downgraded by UBS on Tuesday, August 23 to “Neutral”. On Wednesday, August 19 the stock rating was initiated by Rosenblatt with “Buy”. The firm has “Neutral” rating given on Thursday, October 27 by JP Morgan.

Logitech International S.A. is a holding company. The company has market cap of $6.41 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 27.64 P/E ratio. The Firm operates through peripheral segment.

More notable recent Logitech International SA (USA) (NASDAQ:LOGI) news were published by: Benzinga.com which released: “Brean Capital Is Bullish On Logitech’s ‘Next Leg Of This Transformation’” on October 25, 2016, also Benzinga.com with their article: “Logitech Is Ready To Show It Is Bigger Than Just Computer Mouses” published on March 06, 2017, Marketwatch.com published: “36.65” on July 23, 2009. More interesting news about Logitech International SA (USA) (NASDAQ:LOGI) were released by: Schaeffersresearch.com and their article: “Alcoa, United Technologies, Logitech News Today” published on January 25, 2017 as well as Investorplace.com‘s news article titled: “Logitech International SA (USA) (LOGI) Shares Plunge Despite Better-Than …” with publication date: July 25, 2017.