Ticker delayed 20 minutes
Avg Daily Volume: 156,918 Market Cap: 6.68B Sector: None Short Interest: 2.61 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .50/share REV: 723.9/M
___________________________________________________________
LAST QTR: EPS: .35/share ACTUAL: .39/share (BEAT)
____________________________________________________________
NEXT QTR: EPS: .85/share REV: 915.19/M
______________________________________________________
FULL YR: EPS: 2.09/share REV: 2,960/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
______________________________________________________
BEAT/MISS RECORD: 73% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 4.89, -8.65, 1.97
EXPECTED JUMP MOVE: 8-10%
Links To Latest News and Headlines
Softened IT spending due to ongoing macroeconomic uncertainties and geopolitical issues is expected to hurt Logitech’s (LOGI) fourth-quarter fiscal 2024 performance.
Logitech International’s Growth Awaited, Deal Activity to Resume After New Executives Settle, Wedbush Says
NORTHAMPTON, MA / ACCESSWIRE / April 22, 2024 / Logitech Logitech Blog Kicking off with Earth Day, this first article in a three-part series invites readers to learn how Logitech’s design innovation culture is pushing next-level solutions with Design …
After the AI-fueled optimism to begin the year, a weaker than expected outlook from ASML and TSMC cooled the red-hot chip sector.
LAUSANNE, Switzerland & SAN JOSE, Calif., April 17, 2024–Today, Logitech (SIX: LOGN) (NASDAQ: LOGI) launched a free new tool that helps you prompt Open AI’s ChatGPT faster and more fluently while staying in the flow of your work. Logi AI Prompt Builder is a software window that pops up via the Logi Options+ app at the touch of a button, transforming your Logitech keyboard and mouse into a shortcut to the limitless power of AI.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
ANALYSIS:
StockJumpers trajectory analysis reveals a positive market reaction to the release news. We are expecting a beat on both the top and bottom and positive guidance.
We are biased LONG on this event.
___________________
OUR TRADE PLAN:
ENTRY: BUY – end of day
STOP LOSS: NA
INITIAL PROFIT TARGET: 6%
___________________
TRADE ASSIST: YES
POST RELEASE ACTION:
[/mepr-show
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.