Logitech International S.A. LOGI was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the …
Logitech has just produced Q4 income with operating profits up 61%. LOGI stock is trading at a P/E of 29, far in excess of fair value, while the company has announced another $250m share buyback. Analysts have the income bar set low for …
So there's a clear change in the narrative at Logitech simply based on the results in FY16 and FY17 - one reflected in the dramatic inflection in LOGI stock over the past few quarters. The bull case for Logitech was that the legacy PC-related …