Is it Time to Buy Logitech Stock at a P/E Multiple of 19.52X?
Logitech(LOGI) ZACKS·2024-10-01 22:56
Logitech International S.A. (LOGI) is currently trading at a forward price-to-earnings (P/E) ratio of 19.52, lower than the Zacks Computer-Peripheral Equipment industry average of 24.46x and the Zacks Computer and Technology sector's average of 26.74x. This attractive valuation comes in the wake of a pullback in Logitech's stock price after a strong run in 2023, making it an appealing option for investors considering an entry point. Logitech's stock has seen a 4.9% decline so far this year due to investors ...