Logitech International S.A. is a Swiss-American multinational manufacturer of computer peripherals and software, with headquarters in Lausanne, Switzerland and Newark, California.
Company profile
Ticker
LOGI
Exchange
Website
CEO
Bracken Darrell
Employees
Location
Fiscal year end
Industry (SIC)
Xerox • Fortinet • Corsair Gaming • Palo Alto Networks • Stratasys • Forescout • Mandiant • Identiv • Markforged Holding • AstroNova ...
Former names
LOGITECH INTERNATIONAL SA
SEC CIK
Corporate docs
Subsidiaries
Logitech Argentina S.R.L. • Acessorios de Informatica Ltda. • Logitech de Mexico S.A. de C.V. • Logitech Canada Inc. • Logitech Inc. • Logitech (Streaming Media) Inc. • Logitech (Slim Devices) Inc. • WiLife, Inc. • Ultimate Ears Incorporated • SightSpeed, Inc. ...
LOGI stock data
Analyst ratings and price targets
Current price
Average target
$65.00
Low target
$60.00
High target
$70.00
Citigroup
Maintains
$70.00
Wedbush
Downgraded
$60.00
Barclays
Initiated
$65.00
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
30 Jan 23
10-Q
2023 Q3
Quarterly report
26 Jan 23
8-K
Logitech Announces Q3 FY 2023 Results
23 Jan 23
8-K
Logitech Announces Preliminary Third Quarter Fiscal Year 2023 Results
11 Jan 23
10-Q
2023 Q2
Quarterly report
27 Oct 22
8-K
Logitech Announces Q2 FY 2023 Results
24 Oct 22
8-K
Submission of Matters to a Vote of Security Holders
16 Sep 22
DEFA14A
Additional proxy soliciting materials
24 Aug 22
DEFA14A
Additional proxy soliciting materials
24 Aug 22
DEFA14A
Additional proxy soliciting materials
12 Aug 22
Transcripts
LOGI
Earnings call transcript
2023 Q3
24 Jan 23
LOGI
Earnings call transcript
2023 Q3
24 Jan 23
LOGI
Earnings call transcript
2023 Q2
25 Oct 22
LOGI
Earnings call transcript
2023 Q2
25 Oct 22
LOGI
Earnings call transcript
2023 Q1
26 Jul 22
LOGI
Earnings call transcript
2023 Q1
26 Jul 22
LOGI
Earnings call transcript
2023 Q1
26 Jul 22
LOGI
Earnings call transcript
2022 Q4
3 May 22
LOGI
Earnings call transcript
2022 Q4
3 May 22
LOGI
Earnings call transcript
2022 Q3
25 Jan 22
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Revenue | |||||
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| Operating income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Mar 22 | Mar 21 | Mar 20 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.04 bn | 1.04 bn | 1.04 bn | 1.04 bn | 1.04 bn | 1.04 bn |
| Cash burn (monthly) | (no burn) | 27.36 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 30.31 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 1.01 bn | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 36.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
33.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 218 |
| Opened positions | 24 |
| Closed positions | 47 |
| Increased positions | 71 |
| Reduced positions | 92 |
| 13F shares | Current |
|---|---|
| Total value | 2.97 bn |
| Total shares | 58.70 mm |
| Total puts | 3.10 mm |
| Total calls | 6.49 mm |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Credit Suisse | 6.57 mm | $302.04 mm |
| Vanguard | 5.31 mm | $244.43 mm |
| Capital World Investors | 5.21 mm | $237.95 mm |
| Vontobel Holding | 4.32 mm | $196.41 mm |
| GS Goldman Sachs | 3.45 mm | $158.58 mm |
| Zurcher Kantonalbank | 3.16 mm | $147.70 mm |
| Pictet Asset Management | 3.09 mm | $144.48 mm |
| Deutsche Bank AG - Registered Shares | 1.83 mm | $83.96 mm |
| IVZ Invesco | 1.61 mm | $73.99 mm |
| Amundi | 1.52 mm | $72.49 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Jan 23 | Prakash Arunkundrum | Registered Shares | Grant | Acquire A | No | No | 48.263 | 271 | 13.08 k | 63,271 |
| 31 Jan 23 | Bracken Darrell | Registered Shares | Grant | Acquire A | No | No | 48.263 | 441 | 21.28 k | 912,138 |
| 6 Jan 23 | Prakash Arunkundrum | Registered Shares | Sell | Dispose S | No | Yes | 65.0438 | 5,831 | 379.27 k | 63,000 |
News
Charles Boynton To Join Logitech As Chief Financial Officer
30 Jan 23
Citigroup Maintains Buy on Logitech International, Lowers Price Target to $70
25 Jan 23
Logitech Registers 17% Revenue Decline In Q3 As Macro Challenges Weigh; Reiterates Cautious Outlook
24 Jan 23
Logitech International FY23 Outlook Adjusted To Between -15% And -13% Sales Growth. Sees FY23 $550M-$600M In Non-GAAP Operating Income
24 Jan 23
Logitech International Q3 EPS $1.14 Misses $1.18 Estimate, Sales $1.27B Miss $1.31B Estimate
24 Jan 23
Press releases
Logitech Announces Date for 2023 Analyst & Investor Day
1 Feb 23
Charles Boynton to Join Logitech as Chief Financial Officer
30 Jan 23
Logitech Files Quarterly Report on Form 10-Q
26 Jan 23
Logitech Announces Q3 FY 2023 Results
23 Jan 23
Logitech Brio 300 Series Webcams Affordably Enhance Video Experiences
18 Jan 23