Logitech International (LOGI) NewsBite - LOGI Earnings Preview
Oct 20, 2009 (Fresh Brewed Media via COMTEX) --
Company: Logitech International S.A. (LOGI)
Logitech International (NasdaqNM: LOGI) opened at $18.87. So far today, the stock has hit a low of $18.66 and a high of $18.92. LOGI is now trading at $18.66, up $0.29 (1.58%). Over the last 52 weeks the stock has ranged from a low of $7.55 to a high of $19.53. Shares of LOGI are trading higher ahead of the company's quarterly earnings report tomorrow. Analysts are expecting the company to report a profit of 5 cents per share on revenue of $474 million. LOGI has missed analsyts' earnings forecasts in each of the past four quarters. Technical indicators for the stock are neutral and S&P gives LOGI a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on LOGI the stock seems like it could be a candidate for a March out-of-the-money bull-put credit spread below the 15 range.
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Company: Logitech International S.A. (LOGI)
Related terms: earnings, forecasts, profit, revenue, S&P
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