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Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
NASDAQ:LTRX

Lantronix (LTRX) Stock Price, News & Analysis

$3.11
-0.12 (-3.72%)
(As of 04/17/2024 ET)
Today's Range
$3.11
$3.24
50-Day Range
$3.11
$5.81
52-Week Range
$3.11
$6.95
Volume
178,204 shs
Average Volume
314,212 shs
Market Capitalization
$116.56 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.20

Lantronix MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
195.8% Upside
$9.20 Price Target
Short Interest
Healthy
0.67% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of Lantronix in the last 14 days
Based on 15 Articles This Week
Insider Trading
Acquiring Shares
$137,450 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.04) to $0.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.50 out of 5 stars

Computer And Technology Sector

369th out of 592 stocks

Computer & Office Equipment Industry

11th out of 13 stocks

LTRX stock logo

About Lantronix Stock (NASDAQ:LTRX)

Lantronix, Inc. provides solutions for video surveillance, infotainment systems, and intelligent substations infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT System Solutions, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and various other functions; Embedded IoT Modules, such as application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and Software and Engineering Services offers SaaS platform that enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. It also offers telematics devices, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management; network switches, media converters, power over ethernet, NICS and optical SFPs, system on modules, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development. In addition, the company provides console management, power management, and IP connected keyboard-video-mouse products that offers remote access to IT and networking infrastructure deployed in test labs, data centers, branch offices, remote sites, and server rooms; and hardware engineering, software engineering, and mechanical engineering, rapid prototyping and quality assurance engineering services. Lantronix, Inc. was incorporated in 1989 and is based in Irvine, California.

LTRX Stock Price History

LTRX Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/17/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:LTRX
Employees
357
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$9.20
High Stock Price Target
$12.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+195.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-8,980,000.00
Pretax Margin
-5.83%

Debt

Sales & Book Value

Annual Sales
$131.19 million
Book Value
$2.12 per share

Miscellaneous

Free Float
30,993,000
Market Cap
$116.56 million
Optionable
Optionable
Beta
2.12

Social Links

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Key Executives

  • Mr. Jeremy R. WhitakerMr. Jeremy R. Whitaker (Age 54)
    Chief Financial Officer
    Comp: $257.78k
  • Mr. Eric Bass (Age 57)
    Vice President of Engineering
    Comp: $240.72k
  • Mr. Saleel Awsare (Age 59)
    President, CEO & Director
  • Mr. David Goren (Age 65)
    VP of Business Affairs, Legal & HR and Corporate Secretary
  • Gail Kathryn Miller
    Corporate Marketing & Communications Manager
  • Mr. Jacques Issa
    Vice President of Marketing
  • Mr. Kurt W. Hoff (Age 66)
    Vice President of Worldwide Sales
  • Mr. Gene Schaeffer (Age 60)
    Head of Americas Sales
  • Ms. Amber Tinz
    Executive Assistant

LTRX Stock Analysis - Frequently Asked Questions

Should I buy or sell Lantronix stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LTRX shares.
View LTRX analyst ratings
or view top-rated stocks.

What is Lantronix's stock price target for 2024?

4 brokerages have issued 12-month price objectives for Lantronix's shares. Their LTRX share price targets range from $7.00 to $12.00. On average, they predict the company's share price to reach $9.20 in the next twelve months. This suggests a possible upside of 195.8% from the stock's current price.
View analysts price targets for LTRX
or view top-rated stocks among Wall Street analysts.

How have LTRX shares performed in 2024?

Lantronix's stock was trading at $5.86 at the beginning of 2024. Since then, LTRX stock has decreased by 46.9% and is now trading at $3.11.
View the best growth stocks for 2024 here
.

When is Lantronix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our LTRX earnings forecast
.

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) posted its quarterly earnings data on Thursday, February, 8th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.06. The technology company had revenue of $37.04 million for the quarter, compared to analyst estimates of $37.20 million. Lantronix had a negative net margin of 6.67% and a negative trailing twelve-month return on equity of 11.89%.

What guidance has Lantronix issued on next quarter's earnings?

Lantronix updated its third quarter 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 0.090-0.130 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $38.0 million-$42.0 million, compared to the consensus revenue estimate of $47.0 million.

What other stocks do shareholders of Lantronix own?
How do I buy shares of Lantronix?

Shares of LTRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Lantronix have any subsidiaries?
The following companies are subsidiares of Lantronix: Intrinsyc Technologies, Intrinsyc Technologies Corporation, Lantronix Australia Pty. Ltd., Lantronix Europe GmbH, Lantronix Holding Company, Lantronix Hong Kong Limited, Lantronix India Private Limited, Lantronix International AG, Lantronix IoT GmbH, Lantronix Japan K.K., Lantronix Netherlands B.V., Lantronix UK Ltd., Maestro Wireless Solutions Limited, Net2Edge Limited, Premise Systems, ProNET GmbH, Stallion Technologies, Transition Networks, and Transition Networks Inc..
Read More
This page (NASDAQ:LTRX) was last updated on 4/18/2024 by MarketBeat.com Staff

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