LOGI

Logitech International S.A.

TMT


Presented:08/12/2024
Price:$86.65
Cap:$13.26B
Current Price:$87.41
Cap:$13.38B

Presented

Date08/12/2024
Price$86.65
Market Cap$13.26B
Ent Value$13.53B
P/E Ratio19.67x
Book Value$14.70
Div Yield1.34%
Shares O/S153.02M
Ave Daily Vol486,351
Short Int3.28%

Current

Price$87.41
Market Cap$13.38B
Logitech International SA is a holding company, which engages in the design of software-enabled hardware solutions. Its portfolio includes gaming, keyboards and combos, pointing devices, video collaboration, webcams, tablet accessories, and headsets. Its brands include Logitech, Jaybird, Ultimate Ears, Logitech G, ASTRO Gaming, and Blue Microphones. The company was founded by Daniel Borel, Pierluigi Zappacosta, and Giacamo Marini on October 2, 1981 and is headquartered in Lausanne, Switzerland.

Publicly traded companies mentioned herein: Logitech International SA (LOGI)

Highlights

The presenter is short shares of Logitech International SA (LOGI), believing a significant amount of its recent sales have been into the channel and lacking sell-through. While the company and sell-side analysts project MSD% growth, the presenter is expecting the opposite (down MSD%) and believes growth stagnation would cause multiple contraction to 10x EBITDA or lower, resulting in 30% downside. 

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.