Stock To Watch: LogMein, Inc. (NASDAQ:LOGM)


The leading market experts have placed a mean price target of $71.56 on LogMein, Inc. (NASDAQ:LOGM) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.51 a share for the upcoming quarter and $1.88 for the current fiscal. Technical View The technical analysis of LogMein, Inc. plainly substantiates that the 50-day moving average of LogMein, Inc. is $62.70, and stock is hovering 0.55 or +0.89% distant from $62.70. It is noted that the 200-day MA is $55.57, and LogMein, Inc. stock is $7.68 or +13.82% off from this point. LogMein, Inc. (NASDAQ:LOGM) 52-week high is $75.42 and the 52-week low is $35.00. This explains if the stock moves $-12.17, it will post a 52-week high. In event of $+80.71% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of LogMein, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, LogMein, Inc. (NASDAQ:LOGM) ratio came in at 123.29. The stock last ended the trading session at $63.25 and registered a market cap of $1.58B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. LogMein, Inc. (NASDAQ:LOGM) PEG ratio is at 1.71.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 17 times, 1 visits today)