LogMeIn (LOGM) Scheduled to Post Quarterly Earnings on Thursday

LogMeIn (NASDAQ:LOGM) will announce its earnings results after the market closes on Thursday, February 15th. Analysts expect the company to announce earnings of $1.17 per share for the quarter.

LogMeIn (NASDAQ LOGM) opened at $124.75 on Tuesday. LogMeIn has a 1 year low of $90.35 and a 1 year high of $129.51. The company has a market cap of $6,570.00, a P/E ratio of 1,134.09, a price-to-earnings-growth ratio of 1.74 and a beta of 1.36.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, February 9th. This represents a $1.20 annualized dividend and a dividend yield of 0.96%. This is a boost from LogMeIn’s previous quarterly dividend of $0.25. LogMeIn’s dividend payout ratio (DPR) is currently 909.09%.

Several equities analysts have commented on LOGM shares. Zacks Investment Research cut shares of LogMeIn from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Cowen reissued a “buy” rating and set a $145.00 target price on shares of LogMeIn in a research report on Sunday, October 29th. Piper Jaffray Companies reissued a “buy” rating and set a $170.00 target price on shares of LogMeIn in a research report on Tuesday, October 24th. Barclays lifted their target price on shares of LogMeIn from $132.00 to $142.00 and gave the stock an “overweight” rating in a research report on Friday, October 27th. Finally, Needham & Company LLC dropped their target price on shares of LogMeIn from $135.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, December 20th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $136.52.

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LogMeIn Company Profile

LogMeIn, Inc provides a portfolio of cloud-based service offerings, which helps people and businesses to connect to their workplace, colleagues and customers. The Company’s core cloud-based services are categorized into four business lines: Communications and Collaboration; Engagement and Support; Identity and Access, and Additional Service Offerings.

Earnings History for LogMeIn (NASDAQ:LOGM)

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