Is Logitech stock a buy?

Is Logitech stock a buy?

Logitech International has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 7 buy ratings, 1 hold rating, and 1 sell rating.

Similarly, Why is Logitech going down?

Logitech Stock Is Down Because the Company’s Pandemic-Driven Growth Is Slowing. Logitech stock slid Tuesday after the PC and gaming peripherals company’s latest results showed a clear post-Covid slowdown in demand, with margins under pressure from global supply chain issues.

Is Logitech publicly traded? What Logitech securities are publicly traded and where? Our registered shares trade on the SIX Swiss Exchange under the symbol LOGN and on the Nasdaq under the symbol LOGI.

Thereof, What sector is Logitech?

The Company is in the business of personal peripherals for personal computers and other digital platforms, developing and marketing products in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices.

Is LOGI a buy Zacks?

The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry.

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.93%
2 Buy 18.44%
3 Hold 9.99%
4 Sell 5.61%

Is Logitech stock overpriced?

In short, the stock of Logitech International SA (NAS:LOGI, 30-year Financials) is estimated to be significantly overvalued. The company’s financial condition is fair and its profitability is strong. Its growth ranks better than 95% of the companies in Hardware industry.

Is Logitech undervalued?

Moreover, Logitech is ramping up its spending on research and development (R&D). The recent 40% increase in R&D spending, along with the 24% sequential increase in video collaboration sales, points to strong demand for Logitech’s products. At less than 20 times earnings, this growth stock is wildly undervalued.

Does Logitech have debt?

Logitech S.A debt/equity for the three months ending December 31, 2021 was 0.00.

Is Logitech a good long term investment?

Summary. Logitech has a very solid mid- to long-term setup for capturing the potential of the actual secular growth drivers, as well as in at least three disruptive and future-oriented trends. Their ability to make a profit from the capital they employ in their business exceeds by far the industry average.

Why buy Logitech stock?

From a fundamental point of view, Logitech stock also provides a very appealing valuation given the tech company’s growth opportunity and performance in recent years. Logitech stock trades a forward price-earnings ratio of 15.85 and a price-sales ratio of 2.22.

Why is Logitech stock doing so well?

The company’s revenue didn’t drop off once the initial surge in coronavirus-driven demand slackened. It booked a slight year-over-year increase in its top line last quarter. Logitech has also maintained its fiscal 2022 guidance, which calls for revenues to be about the same as they were last year.

Who are Logitech competitors?

Logitech’s top competitors include Razer, Poly, Apple, Samsung Electronics, Incipio and Harman.

Is Logitech profitable?

Logitech consistently improved profitability for many years before the pandemic, and its return on invested capital (ROIC) improved YoY every year since 2013 as it rose from 1% to 23% in fiscal 2020. Over the trailing-twelve-month (TTM) period, the firm’s ROIC soared to 79%.

Who are Razer competitors?

Razer competitors include Logitech, Turtle Beach, MSI, Corsair and Alienware.

Who is Logitech’s biggest competitor?

Logitech competitors include Jabra, Microsoft and Apple. Logitech ranks 1st in Customer Net Promoter Score on Comparably vs its competitors.

How many employees does Logitech have?

Logitech

Logitech’s headquarters at the EPFL Innovation Park in Lausanne, Switzerland
Total equity US$2.262 billion (FY 2021)
Number of employees ~7,000 (2018)
Subsidiaries 3Dconnexion Mirial s.u.r.l. SightSpeed
Website www.logitech.com

Which company owns Logitech?

Logitech was founded in 1981 and is headquartered in Fremont, California. It has additional offices in Silicon Valley, California; Lausanne, Switzerland; Hong Kong and Suzhou, China; Hsinchu, Taiwan; and Tokyo, Japan. It operates as a subsidiary of Logitech International SA.

Is Logitech a US company?

Logitech International S.A. (/ˈlɒdʒɪtɛk/ LOJ-i-tek; often shortened to Logi) is a Swiss manufacturer of computer peripherals and software, with headquarters in Lausanne, Switzerland and Newark, California.

What’s better Razer or Logitech?

Whether this is a pro or a con comes down to what you’re looking for. They also offer better options for customising the shortcuts on your mouse. Logitech makes a better mouse for core functionality and value, while Razer makes a better mouse for multitasking fast and matching the rest of a custom-built PC.

How many workers does Razer have?

Razer Inc.

Native name Razer / 雷蛇
Products List of products
Number of employees 1,451 (2019)
Subsidiaries Ouya THX Nextbit
Website razer.com

Who is Razer’s target audience?

While Razer’s fintech ambitions are not exclusively targeting gamers, they are nonetheless focused heavily on Gen Zs and millennials — a demographic where the Razer brand is already well established. Razer famously attracts a cult-like following. Tattoos of the company’s three-headed snake logo are especially popular.

Who is Logitech owned by?

Logitech was founded in 1981 and is headquartered in Fremont, California. It has additional offices in Silicon Valley, California; Lausanne, Switzerland; Hong Kong and Suzhou, China; Hsinchu, Taiwan; and Tokyo, Japan. It operates as a subsidiary of Logitech International SA.

Is Logitech a Microsoft company?

Logitech remains one of Microsoft’s most active partners in terms of Windows Media Center complimentary peripherals. It also manufactures a significant amount of gaming peripherals for both consoles and the PC and invests significantly in its own research and development.

Is Logitech a good brand?

Overall, Logitech makes quite a few very good mice, and they’re some of the best-performing options we’ve tested. While Logitech got their start making mice for office work, these days, Logitech’s gaming division produces amazing gaming mice, and they’ve been pioneers in improving wireless technologies.

Join TheMoney.co community and don’t forget to share this post !

Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.