LogMeIn, Inc. provides a portfolio of cloud-based communication and collaboration, identity and access, and customer engagement and support solutions.
No risks detected for LOGM from our risk checks.
Fair value with moderate growth potential.
Share Price & News
How has LogMeIn's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LOGM has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LOGM underperformed the US Software industry which returned 6.4% over the past year.
Return vs Market: LOGM exceeded the US Market which returned -12.7% over the past year.
Price Volatility Vs. Market
How volatile is LogMeIn's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StShould You Be Worried About LogMeIn, Inc.'s (NASDAQ:LOGM) 0.5% Return On Equity?
3 months ago | Simply Wall StIs LogMeIn, Inc. (NASDAQ:LOGM) Investing Your Capital Efficiently?
4 months ago | Simply Wall StHave LogMeIn, Inc. (NASDAQ:LOGM) Insiders Been Selling Their Stock?
Is LogMeIn undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LOGM ($83.59) is trading below our estimate of fair value ($138.22)
Significantly Below Fair Value: LOGM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LOGM is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: LOGM is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LOGM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LOGM is good value based on its PB Ratio (1.5x) compared to the US Software industry average (4.3x).
How is LogMeIn forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LOGM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: LOGM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LOGM's is expected to become profitable in the next 3 years.
Revenue vs Market: LOGM's revenue (5.3% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: LOGM's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LOGM's Return on Equity is forecast to be low in 3 years time (11.1%).
How has LogMeIn performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LOGM is currently unprofitable.
Growing Profit Margin: LOGM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LOGM is unprofitable, but has reduced losses over the past 5 years at a rate of 30.9% per year.
Accelerating Growth: Unable to compare LOGM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LOGM is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.7%).
Return on Equity
High ROE: LOGM has a negative Return on Equity (-0.53%), as it is currently unprofitable.
How is LogMeIn's financial position?
Financial Position Analysis
Short Term Liabilities: LOGM's short term assets ($325.0M) do not cover its short term liabilities ($622.7M).
Long Term Liabilities: LOGM's short term assets ($325.0M) do not cover its long term liabilities ($492.6M).
Debt to Equity History and Analysis
Debt Level: LOGM's debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LOGM's debt to equity ratio has reduced over the past 5 years.
Inventory Level: LOGM has a low level of unsold assets or inventory.
Debt Coverage by Assets: LOGM's debt is covered by short term assets (assets are 1.6x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LOGM has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: LOGM has been profitable on average in the past, therefore cash runway is not a concern.
What is LogMeIn's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LOGM's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: LOGM's dividend (1.56%) is low compared to the top 25% of dividend payers in the US market (5.49%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LOGM has been paying a dividend for less than 10 years.
Growing Dividend: LOGM's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: LOGM is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: LOGM's dividends in 3 years are forecast to be well covered by earnings (26.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Wagner (52yo)
Mr. William R. Wagner, also known as Bill, has been the President of LogMeIn, Inc. since January 21, 2015 and as its Chief Executive Officer since December 16, 2015. Mr. Wagner served as the Chief Operatin ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD7.22M) is above average for companies of similar size in the US market ($USD5.55M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
|Co-Founder & Special Advisor to CEO||no data||US$312.78k||1.11% $45.5m|
|CFO & Treasurer||5.17yrs||US$2.57m||0.034% $1.4m|
|Senior VP & COO||1.25yrs||US$6.19m||0.022% $909.2k|
|Senior VP and GM of Unified Communications & Collaboration||1.42yrs||US$4.46m||0.016% $667.7k|
|Chief Technology Officer||6.17yrs||no data||no data|
|Vice President of Investor Relations||no data||no data||no data|
|Senior VP||12.67yrs||US$1.39m||0.010% $422.8k|
|Senior Vice President of Worldwide Sales||1.17yrs||no data||no data|
|Chief Human Resources Officer||2.42yrs||no data||no data|
Experienced Management: LOGM's management team is considered experienced (3.4 years average tenure).
|Independent Director||12.25yrs||US$337.78k||0.047% $1.9m|
|Independent Director||15.42yrs||US$309.86k||0.0046% $187.8k|
|Independent Chairman||1yr||US$299.86k||0.023% $949.9k|
|Independent Director||3.17yrs||US$319.86k||0.046% $1.9m|
|Independent Director||9.58yrs||US$304.86k||0.22% $9.1m|
|Independent Director||3.17yrs||US$304.86k||no data|
|Member of IOT Advisory Board||4.42yrs||no data||no data|
|Member of IOT Advisory Board||4.42yrs||no data||no data|
|Independent Director||1.83yrs||US$574.32k||0.0051% $210.4k|
Experienced Board: LOGM's board of directors are considered experienced (4.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LOGM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
LogMeIn, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: LogMeIn, Inc.
- Ticker: LOGM
- Exchange: NasdaqGS
- Founded: 2003
- Industry: Application Software
- Sector: Software
- Market Cap: US$4.109b
- Shares outstanding: 48.59m
- Website: https://www.logmeininc.com
Number of Employees
- LogMeIn, Inc.
- 320 Summer Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LOGM||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jul 2009|
|9LG||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 2009|
LogMeIn, Inc. provides a portfolio of cloud-based communication and collaboration, identity and access, and customer engagement and support solutions. It enables people to connect with each other worldwide to drive meaningful interactions, deepen relationships, and create better outcomes for individuals and businesses. The company offers GoToConnect, a video and audio conferencing solution; GoToMeeting, an online meeting and collaboration solution; GoToRoom for configuration of video and audio conferencing solution in their physical conference or huddle rooms; GoToTraining, an online training product for interactive training sessions; GoToWebinar, a do-it-yourself Webinar product for organizations; Grasshopper telephony solution; Jive, a cloud-based phone service; join.me, an online meeting and screen sharing services; and OpenVoice, a reservation-less audio conferencing service. It also provides Bold360, an omni-channel engagement platform solution; Bold360 service, an automated digital engagement solution; RescueAssist, GoToAssist Corporate, and GoToAssist Seeit, which are easy-to-use cloud-based remote support solutions; LogMeIn Rescue, a remote support and customer care service; and LogMeIn Rescue+Mobile and Rescue Lens that are Web-based remote support services. In addition, the company offers LogMeIn Central, a Web-based management console; GoToMyPC that enables mobile workstyles; LogMeIn Pro, a remote access service; and LastPass, a password management and single sign on solution. It serves enterprise customers, small and medium businesses, IT service providers, mobile carriers, customer service centers, OEMs, and consumers. The company was formerly known as 3am Labs, Inc. and changed its name to LogMeIn, Inc. in March 2006. LogMeIn, Inc. was founded in 2003 and is headquartered in Boston, Massachusetts.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 02:11|
|End of Day Share Price||2020/03/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.