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Is this Large Market Cap Stock target price reasonable for LogMeIn, Inc. (NASDAQ:LOGM)?

The company in question is, LogMeIn, Inc. (NASDAQ:LOGM) currently with a stock price of 89.29 (-0.29% today). The market cap for LogMeIn, Inc. is 2268.3, and is in the sector Technology, and Application Software industry. The target price for LogMeIn, Inc. is 91.86. Currently LogMeIn, Inc. is trading with a P/E of 166.14, and a forward P/E of 39.61. Average volume for LogMeIn, Inc. is 380.54 and so far today it is 99252.

Performance in the last year for LogMeIn, Inc. has been 34.34%. For EPS growth, LogMeIn, Inc. has seen a growth of 90.80%, and is looking to grow in the next year to 16.91%. More long term stats show that EPS growth has been -6.80% over the last five years and could be 25.00% for the next five years. LogMeIn, Inc. has seen sales growth quarter over quarter at 28.50%, with EPS growth quarter over quarter at 4.30%. The 20-day simple moving average is 2.24%, with the 200-day simple moving average coming to 38.60%.

Since the IPO date for LogMeIn, Inc. on the 07/01/2009, LogMeIn, Inc. has seen performance year to date to be 34.26%. With LogMeIn, Inc. trading at 89.29, the dividend yield is *TBA, and the EPS is 0.54.

So could LogMeIn, Inc., be undervalued? Well as said before P/E is 166.14. The PEG is 6.65, P/S is 7.35 and the P/B is at 10.97. The P/cash is 10.06, with P/free cash flow at 30.86.

LogMeIn, Inc. ability to deal with debt shows that the current ratio is 1.2, and the quick ratio is 1.2. This is with long term debt/equity at 0.22, and total debt/equity at 0.22.

In terms of margins, LogMeIn, Inc. has a gross margin of 86.50%, an operating margin of 5.60% and a profit margin of 4.30%.Payout ratio for LogMeIn, Inc. is 0.00%. Return on assets come to 3.00% with return on investment coming to 4.90%.

Insider ownership for LogMeIn, Inc., is at 3.70% and institutional ownership comes to *TBA. Outstanding shares are at 25.33. While shares float is 24.34. The float short is currently 8.09%, and short ratio is 5.17.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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