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LogMeIn

Nasdaq:LOGM
Snowflake Description

Mediocre balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LOGM
Nasdaq
$4B
Market Cap
  1. Home
  2. US
  3. Software
Company description

LogMeIn, Inc. provides a portfolio of cloud-based communication and collaboration, identity and access, and customer engagement and support solutions. The last earnings update was 28 days ago. More info.


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LOGM Share Price and Events
7 Day Returns
-1.5%
NasdaqGS:LOGM
2.4%
US Software
1.2%
US Market
1 Year Returns
-33.1%
NasdaqGS:LOGM
25.6%
US Software
3%
US Market
LOGM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LogMeIn (LOGM) -1.5% -3.8% 1.6% -33.1% 63% 80.5%
US Software 2.4% 5.5% 19.8% 25.6% 110.4% 139.4%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • LOGM underperformed the Software industry which returned 25.6% over the past year.
  • LOGM underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
LOGM
Industry
5yr Volatility vs Market
Related Companies

LOGM Value

 Is LogMeIn undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of LogMeIn to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for LogMeIn.

NasdaqGS:LOGM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:LOGM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.141 (1 + (1- 21%) (4.93%))
1.124
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.124 * 5.96%)
9.43%

Discounted Cash Flow Calculation for NasdaqGS:LOGM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for LogMeIn is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:LOGM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.43%)
2019 353.10 Analyst x5 322.68
2020 329.69 Analyst x5 275.32
2021 316.59 Est @ -3.97% 241.60
2022 310.38 Est @ -1.96% 216.45
2023 308.66 Est @ -0.55% 196.70
2024 309.99 Est @ 0.43% 180.53
2025 313.46 Est @ 1.12% 166.82
2026 318.49 Est @ 1.6% 154.89
2027 324.67 Est @ 1.94% 144.29
2028 331.74 Est @ 2.18% 134.73
Present value of next 10 years cash flows $2,034.00
NasdaqGS:LOGM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $331.74 × (1 + 2.73%) ÷ (9.43% – 2.73%)
$5,087.07
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $5,087.07 ÷ (1 + 9.43%)10
$2,066.01
NasdaqGS:LOGM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,034.00 + $2,066.01
$4,100.01
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $4,100.01 / 50.84
$80.65
NasdaqGS:LOGM Discount to Share Price
Calculation Result
Value per share (USD) From above. $80.65
Current discount Discount to share price of $79.84
= -1 x ($79.84 - $80.65) / $80.65
1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price LogMeIn is available for.
Intrinsic value
1%
Share price is $79.84 vs Future cash flow value of $80.65
Current Discount Checks
For LogMeIn to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • LogMeIn's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • LogMeIn's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for LogMeIn's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LogMeIn's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:LOGM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.44
NasdaqGS:LOGM Share Price ** NasdaqGS (2019-03-20) in USD $79.84
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 53.03x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of LogMeIn.

NasdaqGS:LOGM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:LOGM Share Price ÷ EPS (both in USD)

= 79.84 ÷ 1.44

55.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LogMeIn is overvalued based on earnings compared to the US Software industry average.
  • LogMeIn is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does LogMeIn's expected growth come at a high price?
Raw Data
NasdaqGS:LOGM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 55.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
-58.1%per year
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.6x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

NasdaqGS:LOGM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 55.62x ÷ -58.1%

-0.96x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LogMeIn earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on LogMeIn's assets?
Raw Data
NasdaqGS:LOGM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $58.68
NasdaqGS:LOGM Share Price * NasdaqGS (2019-03-20) in USD $79.84
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NasdaqGS:LOGM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:LOGM Share Price ÷ Book Value per Share (both in USD)

= 79.84 ÷ 58.68

1.36x

* Primary Listing of LogMeIn.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LogMeIn is good value based on assets compared to the US Software industry average.
X
Value checks
We assess LogMeIn's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. LogMeIn has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LOGM Future Performance

 How is LogMeIn expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-58.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LogMeIn expected to grow at an attractive rate?
  • LogMeIn's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • LogMeIn's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • LogMeIn's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:LOGM Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:LOGM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts -58.1%
NasdaqGS:LOGM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 5%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:LOGM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:LOGM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,425 458 37 2
2020-12-31 1,320 392 17 10
2019-12-31 1,255 401 4 10
NasdaqGS:LOGM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,204 404 74
2018-09-30 1,170 364 142
2018-06-30 1,130 381 140
2018-03-31 1,082 364 148
2017-12-31 990 316 100
2017-09-30 802 291 8
2017-06-30 618 221 -3
2017-03-31 444 160 -15
2016-12-31 336 92 3
2016-09-30 324 98 7
2016-06-30 309 91 13
2016-03-31 290 84 13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • LogMeIn's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • LogMeIn's revenue is expected to grow by 5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:LOGM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from LogMeIn Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LOGM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 0.14 0.14 0.14 1.00
2019-12-31 -0.19 -0.19 -0.19 1.00
NasdaqGS:LOGM Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.44
2018-09-30 2.72
2018-06-30 2.66
2018-03-31 2.81
2017-12-31 1.97
2017-09-30 0.18
2017-06-30 -0.07
2017-03-31 -0.50
2016-12-31 0.10
2016-09-30 0.28
2016-06-30 0.53
2016-03-31 0.53

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • LogMeIn is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess LogMeIn's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
LogMeIn has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LOGM Past Performance

  How has LogMeIn performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare LogMeIn's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • LogMeIn has delivered over 20% year on year earnings growth in the past 5 years.
  • LogMeIn's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • LogMeIn's 1-year earnings growth is negative, it can't be compared to the US Software industry average.
Earnings and Revenue History
LogMeIn's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from LogMeIn Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LOGM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,203.99 74.37 523.87 151.41
2018-09-30 1,169.83 142.30 517.48 146.75
2018-06-30 1,130.17 139.51 506.66 146.44
2018-03-31 1,081.55 147.80 494.26 142.83
2017-12-31 989.79 99.52 465.78 137.43
2017-09-30 801.72 8.06 370.26 112.16
2017-06-30 617.55 -2.51 307.72 86.42
2017-03-31 443.79 -14.85 239.06 62.25
2016-12-31 336.07 2.64 209.66 46.49
2016-09-30 324.19 7.01 211.04 48.11
2016-06-30 308.66 13.23 193.48 46.93
2016-03-31 290.23 13.11 182.43 45.84
2015-12-31 271.60 14.56 169.87 42.60
2015-09-30 255.42 11.64 164.38 38.84
2015-06-30 243.90 8.38 160.33 38.21
2015-03-31 234.05 7.32 155.77 35.93
2014-12-31 221.96 7.96 149.56 33.52
2014-09-30 207.24 4.18 139.84 31.46
2014-06-30 192.15 1.82 130.36 29.40
2014-03-31 177.84 -0.87 120.39 28.34
2013-12-31 166.26 -7.68 112.19 29.02
2013-09-30 158.06 -5.03 105.03 28.65
2013-06-30 150.46 -4.25 100.09 27.74
2013-03-31 143.59 -2.32 93.02 27.49
2012-12-31 138.84 3.57 89.93 26.36
2012-09-30 134.17 3.39 81.42 25.35
2012-06-30 129.81 3.80 78.52 24.67
2012-03-31 125.11 5.90 75.14 22.66

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • LogMeIn has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • LogMeIn used its assets less efficiently than the US Software industry average last year based on Return on Assets.
  • LogMeIn's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess LogMeIn's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
LogMeIn has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LOGM Health

 How is LogMeIn's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up LogMeIn's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LogMeIn's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • LogMeIn's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of LogMeIn's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from LogMeIn Company Filings, last reported 2 months ago.

NasdaqGS:LOGM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,974.69 200.00 148.65
2018-09-30 3,008.74 200.00 167.63
2018-06-30 3,070.93 200.00 198.86
2018-03-31 3,160.36 0.00 365.18
2017-12-31 3,163.74 0.00 252.40
2017-09-30 3,081.85 0.00 276.05
2017-06-30 3,083.52 0.00 285.50
2017-03-31 3,080.89 30.00 296.11
2016-12-31 196.12 30.00 196.47
2016-09-30 196.48 37.50 217.21
2016-06-30 205.07 45.00 225.40
2016-03-31 206.50 52.50 226.51
2015-12-31 207.81 60.00 208.43
2015-09-30 189.76 0.00 245.69
2015-06-30 178.64 0.00 236.55
2015-03-31 179.80 0.00 232.48
2014-12-31 173.84 0.00 201.17
2014-09-30 170.94 0.00 196.33
2014-06-30 181.51 0.00 221.00
2014-03-31 173.63 0.00 203.99
2013-12-31 167.34 0.00 189.56
2013-09-30 172.60 0.00 199.39
2013-06-30 171.23 0.00 201.44
2013-03-31 173.34 0.00 205.24
2012-12-31 184.64 0.00 212.09
2012-09-30 175.72 0.00 205.20
2012-06-30 167.23 0.00 198.46
2012-03-31 161.39 0.00 192.41
  • LogMeIn's level of debt (6.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 6.7% today).
  • Debt is well covered by operating cash flow (202%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 16.2x coverage).
X
Financial health checks
We assess LogMeIn's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. LogMeIn has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LOGM Dividends

 What is LogMeIn's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.63%
Current annual income from LogMeIn dividends.
If you bought $2,000 of LogMeIn shares you are expected to receive $33 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • LogMeIn's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • LogMeIn's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:LOGM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:LOGM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
NasdaqGS:LOGM Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-21 1.300 1.601
2019-02-14 1.300 1.526
2018-10-26 1.200 1.382
2018-10-25 1.200 1.504
2018-04-26 1.200 1.273
2018-02-01 1.200 0.998
2017-10-26 1.000 0.842
2017-07-28 1.000 0.876
2017-07-27 1.000 0.879
2017-05-05 1.000 0.902
2017-05-04 1.000 0.857
2017-03-01 1.000 0.986
2017-02-28 1.000 1.055

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, LogMeIn has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but LogMeIn only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of LogMeIn's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess LogMeIn's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can LogMeIn afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LogMeIn has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LOGM Management

 What is the CEO of LogMeIn's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bill Wagner
COMPENSATION $9,957,554
AGE 51
TENURE AS CEO 3.3 years
CEO Bio

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 Operating Officer of LogMeIn, Inc. from May 2013 to December 2015. He served as the Chief Operating Officer and Executive Vice President of Vocus Inc. from October 29, 2010 to November 2, 2012. Mr. Wagner served as the Chief Marketing Officer of Vocus from July 2006 to October 29, 2010. Mr. Wagner is responsible for expanding marketing's role as the driver for Vocus' continued growth in new and existing market segments. A 17-year veteran of technology marketing and sales, he leads all aspects of Vocus' marketing operations, including product management, product marketing, field and channel marketing, branding, advertising, marketing communications and public relations. In addition, he plays a major role in the development of corporate strategy and in shaping of the customer experience. From January 2000 to June 2006, Mr. Wagner served as Chief Marketing Officer at Fiberlink Communications. Mr. Wagner served as Senior Vice President of Fiberlink Communications. He joined Fiberlink Communications Corporation in February 2000, he played a leading role in the development of several new products, the restructuring of Fiberlink's supply chain and the introduction of several innovative marketing initiatives, all of which have combined to propel Fiberlink to its leadership position in the industry. He spent 11 years at&T where he held a number of management and leadership positions in sales and marketing. Mr. Wagner served as AT&T's primary executive-on-loan to TCI where he pioneered the integrated marketing of video, broadband and telephony services. Working for Office of the Chairman, he also played a pivotal role in the team that developed AT&T's corporate brand strategy. In this role, he led the benchmarking of brand issues related to AT&T's international mergers and acquisitions. He is Director of Akamai Technologies, Inc. since April 3, 2018. He serves as a Director of M5 Networks, Inc. He has been a Director of LogMeIn, Inc. since March 2015. He served as Director of Fine Point Technologies, Inc. Mr. Wagner holds a Masters Degree in Business Administration from the University of Pennsylvania's Wharton School of Business in May 1999 and a Bachelor of Arts degree in history from Lafayette College in May 1989.

CEO Compensation
  • Bill's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Bill's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the LogMeIn management team in years:

2.4
Average Tenure
51
Average Age
  • The tenure for the LogMeIn management team is about average.
Management Team

Bill Wagner

TITLE
President
COMPENSATION
$10M
AGE
51
TENURE
3.3 yrs

Mike Simon

TITLE
Co-Founder
COMPENSATION
$115K
AGE
53

Ed Herdiech

TITLE
Chief Financial Officer
COMPENSATION
$4M
AGE
51
TENURE
4.2 yrs

Larry D'Angelo

TITLE
Chief Sales Officer
COMPENSATION
$3M
AGE
54
TENURE
1.3 yrs

Marc van Zadelhoff

TITLE
Chief Operating Officer
TENURE
0.3 yrs

Sandor Palfy

TITLE
Chief Technology Officer
TENURE
5.2 yrs

Rob Bradley

TITLE
Vice President of Investor Relations

Michael Donahue

TITLE
Senior VP
COMPENSATION
$1M
AGE
44
TENURE
11.8 yrs

Mark Strassman

TITLE
Senior VP & GM of Unified Communications and Collaboration
TENURE
0.4 yrs

Jo Deal

TITLE
Chief Human Resources Officer
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the LogMeIn board of directors in years:

3.8
Average Tenure
58.5
Average Age
  • The tenure for the LogMeIn board of directors is about average.
Board of Directors

Bob Calderoni

TITLE
Chairman
COMPENSATION
$625K
AGE
58

Bill Wagner

TITLE
President
COMPENSATION
$10M
AGE
51
TENURE
4 yrs

Mike Simon

TITLE
Co-Founder
COMPENSATION
$115K
AGE
53
TENURE
16.2 yrs

Woody Benson

TITLE
Director
COMPENSATION
$312K
AGE
59
TENURE
14.4 yrs

Ed Gillis

TITLE
Lead Independent Director
COMPENSATION
$337K
AGE
69

Mike Christenson

TITLE
Director
COMPENSATION
$315K
AGE
59
TENURE
8.6 yrs

Sid Jatia

TITLE
Member of IOT Advisory Board
TENURE
3.5 yrs

Tim O'Keeffe

TITLE
Member of IOT Advisory Board
TENURE
3.5 yrs

David Henshall

TITLE
Director
COMPENSATION
$627K
AGE
50
TENURE
2.2 yrs

Peter Sacripanti

TITLE
Director
COMPENSATION
$613K
AGE
62
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • LogMeIn insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. Mar 19 Sell Michael Simon Individual 11. Mar 19 11. Mar 19 -22,500 $81.60 $-1,826,430
05. Mar 19 Sell Michael Simon Individual 04. Mar 19 04. Mar 19 -22,500 $82.06 $-1,827,435
06. Dec 18 Sell Michael Simon Individual 03. Dec 18 03. Dec 18 -20,000 $92.71 $-1,847,349
06. Nov 18 Sell Michael Simon Individual 05. Nov 18 05. Nov 18 -20,000 $87.14 $-1,713,977
12. Sep 18 Sell Michael Simon Individual 10. Sep 18 10. Sep 18 -20,000 $84.78 $-1,692,206
29. Aug 18 Sell Michael Simon Individual 27. Aug 18 27. Aug 18 -20,000 $82.91 $-1,652,519
09. Aug 18 Sell James S. Lok Individual 07. Aug 18 07. Aug 18 -260 $84.55 $-21,983
03. Aug 18 Sell Christopher Battles Individual 01. Aug 18 01. Aug 18 -2,530 $81.75 $-205,268
03. Aug 18 Sell Michael Simon Individual 01. Aug 18 01. Aug 18 -20,000 $81.59 $-1,618,341
08. Jun 18 Sell James S. Lok Individual 08. Jun 18 08. Jun 18 -1,521 $106.30 $-161,682
05. Jun 18 Sell Michael Donahue Individual 04. Jun 18 05. Jun 18 -7,679 $108.86 $-833,446
05. Jun 18 Sell Steven Benson Individual 01. Jun 18 01. Jun 18 -2,144 $108.38 $-232,375
05. Jun 18 Sell Michael Simon Individual 04. Jun 18 04. Jun 18 -20,000 $108.81 $-2,170,540
23. May 18 Sell Michael Simon Individual 21. May 18 21. May 18 -18,124 $112.10 $-2,026,272
10. May 18 Sell James S. Lok Individual 07. May 18 07. May 18 -5,689 $116.98 $-661,473
10. May 18 Sell Christopher Battles Individual 07. May 18 07. May 18 -1,772 $116.96 $-205,911
01. May 18 Sell Michael Simon Individual 01. May 18 01. May 18 -20,000 $110.71 $-2,200,673
01. May 18 Sell Edward Herdiech Individual 01. May 18 01. May 18 -10,255 $110.73 $-1,128,319
X
Management checks
We assess LogMeIn's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. LogMeIn has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LOGM News

Simply Wall St News

Is LogMeIn, Inc. (NASDAQ:LOGM) A Smart Choice For Dividend Investors?

Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. … (NASDAQ:LOGM) has paid a dividend to shareholders in the last few years. … 5 checks you should do on a dividend stock

Simply Wall St -

Should LogMeIn Be Disappointed With Their 85% Profit?

Given that the company made a profit three years ago, but not five years ago, it is worth looking at the share price returns over the last three years, too. … Indeed, the LogMeIn share price has gained 59% in three years. … This EPS growth is higher than the 17% average annual increase in the share price over the same three years.

Simply Wall St -

Can LogMeIn, Inc. (NASDAQ:LOGM) Improve Its Returns?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.025 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Does LogMeIn, Inc.'s (NASDAQ:LOGM) CEO Salary Reflect Performance?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. … How Does Bill Wagner's Compensation Compare With Similar Sized Companies?

Simply Wall St -

At US$89.76, Is It Time To Put LogMeIn, Inc. (NASDAQ:LOGM) On Your Watch List?

As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … However, what if the stock is still a bargain. … Let’s examine LogMeIn’s valuation and outlook in more detail to determine if there’s still a bargain opportunity

Simply Wall St -

Should You Be Worried About Insider Transactions At LogMeIn, Inc. (NASDAQ:LOGM)?

So we'll take a look at whether insiders have been buying or selling shares in LogMeIn, Inc. … Although we don't gain confidence from insider selling, we note that this large sale was at well above current price of US$81.75. … Over the last year, we note insiders sold 189.97k shares worth US$18m.

Simply Wall St -

How Do LogMeIn, Inc.’s (NASDAQ:LOGM) Returns Compare To Its Industry?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Zooming in on NASDAQ:LOGM's 1.4% Dividend Yield

Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. … (NASDAQ:LOGM) has paid a dividend to shareholders in the last few years. … 5 questions I ask before picking a dividend stock

Simply Wall St -

LogMeIn Inc (NASDAQ:LOGM) Is Trading At A 34.63% Discount

by estimating the company's future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model

Simply Wall St -

Is LogMeIn Inc's (NASDAQ:LOGM) CEO Pay Fair?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Bill Wagner's Compensation Compare With Similar Sized Companies. … It would therefore appear that LogMeIn Inc pays Bill Wagner more than the median CEO remuneration at companies of a similar size, in the same market

Simply Wall St -

LOGM Company Info

Description

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 GoToConference, a video and audio conferencing solution; GoToMeeting, a product for online meetings, sales demonstrations, and collaborative gatherings; 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, join.me pro, and join.me business, which are online meeting and screen sharing services; and OpenVoice, a reservation-less audio conferencing service. It also provides Bold360 and BoldChat, an omni-channel engagement platform and live chat service respectively; Bold360 ai, an automated customer service; 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 with additional locations in North America, South America, Europe, Asia, and Australia.

Details
Name: LogMeIn, Inc.
LOGM
Exchange: NasdaqGS
Founded: 2003
$4,059,025,440
50,839,497
Website: http://www.logmeininc.com
Address: LogMeIn, Inc.
320 Summer Street,
Boston,
Massachusetts, 02210,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS LOGM Common Stock Nasdaq Global Select US USD 01. Jul 2009
DB 9LG Common Stock Deutsche Boerse AG DE EUR 01. Jul 2009
BMV LOGM * Common Stock Bolsa Mexicana de Valores MX MXN 01. Jul 2009
Number of employees
Current staff
Staff numbers
3,515
LogMeIn employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:23
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/18
Last earnings filing: 2019/02/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.