LogMeIn (NASDAQ: LOGM) is one of 187 publicly-traded companies in the “IT Services & Consulting” industry, but how does it weigh in compared to its competitors? We will compare LogMeIn to related companies based on the strength of its dividends, profitability, analyst recommendations, risk, earnings, institutional ownership and valuation.
Volatility and Risk
LogMeIn has a beta of 1.28, meaning that its share price is 28% more volatile than the S&P 500. Comparatively, LogMeIn’s competitors have a beta of 1.12, meaning that their average share price is 12% more volatile than the S&P 500.
LogMeIn pays an annual dividend of $1.00 per share and has a dividend yield of 0.9%. LogMeIn pays out 909.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “IT Services & Consulting” companies pay a dividend yield of 1.5% and pay out 37.9% of their earnings in the form of a dividend. LogMeIn lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.
Insider and Institutional Ownership
99.3% of LogMeIn shares are owned by institutional investors. Comparatively, 61.4% of shares of all “IT Services & Consulting” companies are owned by institutional investors. 2.5% of LogMeIn shares are owned by company insiders. Comparatively, 17.0% of shares of all “IT Services & Consulting” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
This table compares LogMeIn and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a breakdown of recent ratings for LogMeIn and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
LogMeIn presently has a consensus price target of $141.71, indicating a potential upside of 25.30%. As a group, “IT Services & Consulting” companies have a potential downside of 9.42%. Given LogMeIn’s stronger consensus rating and higher probable upside, equities research analysts plainly believe LogMeIn is more favorable than its competitors.
Valuation and Earnings
This table compares LogMeIn and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|LogMeIn||$336.07 million||$2.63 million||1,028.28|
|LogMeIn Competitors||$2.79 billion||$288.44 million||334.33|
LogMeIn’s competitors have higher revenue and earnings than LogMeIn. LogMeIn is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
LogMeIn beats its competitors on 8 of the 15 factors compared.
LogMeIn Company Profile
LogMeIn, Inc. provides a portfolio of cloud-based service offerings, which helps people and businesses to connect to their workplace, colleagues and customers. The Company’s core cloud-based services are categorized into four business lines: Communications and Collaboration; Engagement and Support; Identity and Access, and Additional Service Offerings. The Company’s communication and collaboration services include GoToMeeting; GoToTraining; GoToWebinar; join.me, join.me pro and join.me enterprise; OpenVoice, and Grasshopper. The Company’s customer engagement and support services include BoldChat; GoToAssist, GoToAssist Corporate and GoToAssist Seeit; LogMeIn Rescue, Rescue Lens and LogMeIn Rescue+Mobile, and Xively. Its identity and access management services include LogMeIn Central, GoToMyPC, LogMeIn Pro and LastPass. Its additional service offerings include LogMeIn Backup, LogMeIn Hamachi and RemotelyAnywhere.
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