LogMein (NASDAQ: LOGM) recently received a number of ratings updates from brokerages and research firms:
Shares of LogMein Inc. (NASDAQ:LOGM) traded up 0.14% during trading on Tuesday, hitting $88.80. The stock had a trading volume of 57,108 shares. The firm has a 50 day moving average of $89.91 and a 200 day moving average of $70.73. LogMein Inc. has a 1-year low of $35.00 and a 1-year high of $95.99. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 174.46 and a beta of 1.37.
LogMein (NASDAQ:LOGM) last issued its earnings results on Tuesday, July 26th. The company reported $0.49 EPS for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.03. The business had revenue of $83.30 million for the quarter, compared to analyst estimates of $81.80 million. LogMein had a net margin of 4.29% and a return on equity of 12.99%. The company’s quarterly revenue was up 28.4% compared to the same quarter last year. During the same period last year, the company posted $0.35 earnings per share. Analysts expect that LogMein Inc. will post $1.93 EPS for the current fiscal year.