Logitech International SA, Apple (NASDAQ: LOGI) has reported earnings for its second fiscal quarter (ending September 30) of $0.95 versus $0.87 for the same period a year ago. E.P.S. were $4.54 for the latest four quarters through September 30 versus $2.39 for the same period a year ago.
Recent Price Action
Logitech International SA, Apple (NASDAQ: LOGI) stock closed at $83.99 on 10/22/24 after a large decline of -8.5%. Moreover, trading volume in this decline was exceptionally high at 796% of normal. The stock has declined -4.8% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
LOGI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Logitech International SA, Apple has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Logitech International SA, Apple has a neutral Power Rating of 44 but a poor Appreciation Score of 26, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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