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Logitech International SA

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Logitech’s Home Control business is suffering from slowing product demand, which could peg back its growth momentum in the coming quarters. Apart from this, the company’s mounting R&D expenses as well as currency fluctuations continue to impact profitability and could be concerns in the quarters ahead. Further, economic challenges in Russia and Europe, and economic uncertainty post Brexit decision remain potential headwinds for the company. The company’s exit from OEM operations has also been negatively affecting the top line in recent quarters. Despite these challenges, Logitech’s shares have put up a stellar performance over the past one year period, outpacing the Zacks categorized Computer Peripheral Equipment industry’s average. We believe that the company’s impressive traction across its markets and its strong product portfolio will drive growth for Logitech.

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