We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Logitech (LOGI) Unveils New Wireless Headset for Gamers
Read MoreHide Full Article
Logitech International SA (LOGI - Free Report) recently rolled out a new wireless headphone for gamers under its Logitech G brand — the Logitech G435 LIGHTSPEED Wireless Gaming Headset. Weighing only 5.8 oz (165 grams), the newly-introduced wireless headset is ultra-light and therefore, comfortable to wear all day.
Logitech stated that the G435 headset is designed for modern gamers, which is affordable, comfortable to wear, designed for sustainability and can support multi platforms. The headphone is currently available in three color variations — Blue & Raspberry, Black & Neon Yellow, and Off-White & Lilac — priced at $79.99 each.
The company’s newly-launched headset is CarbonNeutral certified. The G435 headset is developed on Logitech’s Design for Sustainability (DfS) framework, which resulted in an estimated 40% lower carbon impact, when compared with one of the best-selling headphones of the company.
The latest headset launch reflects the leading computer peripheral company’s sustained focus on expanding and diversifying its innovative headset portfolio. The acquisition of ASTRO Gaming — a popular console gaming headset maker — in second-quarter fiscal 2018 is helping Logitech carve a deeper niche in the gaming peripheral market. This acquisition is a strategic move on Logitech’s part to get a jumpstart on the console market, as it has historically targeted PCs, tablets and phones. Moreover, the Streamlabs acquisition in 2019 has strengthened the company’s gaming portfolio.
Logitech is fortifying its presence in the high-potential market for accessories by pursuing innovation and expanding product lines. The company has manufactured innovative offerings like the fastest performing mouse and keyboard switches, wireless mouse with the longest battery, and multi-device keyboards among others.
The growing adoption of new mobile platforms in both mature and emerging markets is fueling the demand for Logitech’s peripherals and accessories. Robust sales across product categories and strong momentum in Video Collaboration, Gaming, and Creativity & Productivity businesses are helping the company boost its top line. Logitech has been able to leverage its software and go-to-market capabilities to drive market-share gains and growth.
Zacks Rank & Stocks to Consider
Logitech currently carries a Zacks Rank #3 (Hold).
Image: Bigstock
Logitech (LOGI) Unveils New Wireless Headset for Gamers
Logitech International SA (LOGI - Free Report) recently rolled out a new wireless headphone for gamers under its Logitech G brand — the Logitech G435 LIGHTSPEED Wireless Gaming Headset. Weighing only 5.8 oz (165 grams), the newly-introduced wireless headset is ultra-light and therefore, comfortable to wear all day.
Logitech stated that the G435 headset is designed for modern gamers, which is affordable, comfortable to wear, designed for sustainability and can support multi platforms. The headphone is currently available in three color variations — Blue & Raspberry, Black & Neon Yellow, and Off-White & Lilac — priced at $79.99 each.
The company’s newly-launched headset is CarbonNeutral certified. The G435 headset is developed on Logitech’s Design for Sustainability (DfS) framework, which resulted in an estimated 40% lower carbon impact, when compared with one of the best-selling headphones of the company.
Logitech International S.A. Price and Consensus
Logitech International S.A. price-consensus-chart | Logitech International S.A. Quote
The latest headset launch reflects the leading computer peripheral company’s sustained focus on expanding and diversifying its innovative headset portfolio. The acquisition of ASTRO Gaming — a popular console gaming headset maker — in second-quarter fiscal 2018 is helping Logitech carve a deeper niche in the gaming peripheral market. This acquisition is a strategic move on Logitech’s part to get a jumpstart on the console market, as it has historically targeted PCs, tablets and phones. Moreover, the Streamlabs acquisition in 2019 has strengthened the company’s gaming portfolio.
Logitech is fortifying its presence in the high-potential market for accessories by pursuing innovation and expanding product lines. The company has manufactured innovative offerings like the fastest performing mouse and keyboard switches, wireless mouse with the longest battery, and multi-device keyboards among others.
The growing adoption of new mobile platforms in both mature and emerging markets is fueling the demand for Logitech’s peripherals and accessories. Robust sales across product categories and strong momentum in Video Collaboration, Gaming, and Creativity & Productivity businesses are helping the company boost its top line. Logitech has been able to leverage its software and go-to-market capabilities to drive market-share gains and growth.
Zacks Rank & Stocks to Consider
Logitech currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the broader technology sector include Microsoft (MSFT - Free Report) , Cadence Design Systems (CDNS - Free Report) , and NVIDIA (NVDA - Free Report) , all carrying a Zacks Rank of 2 (Buy), at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The long-term earnings growth rate for Microsoft, Cadence Design, and NVIDIA is currently pegged at 11.1%, 11.7%, and 17.7%, respectively.