Research Analysts Offer Predictions for LPTH FY2025 Earnings

LightPath Technologies, Inc. (NASDAQ:LPTH - Free Report) - Equities researchers at HC Wainwright dropped their FY2025 earnings per share (EPS) estimates for shares of LightPath Technologies in a research report issued to clients and investors on Monday, May 19th. HC Wainwright analyst S. Buck now forecasts that the technology company will post earnings of ($0.22) per share for the year, down from their previous forecast of ($0.19). HC Wainwright has a "Buy" rating and a $5.00 price objective on the stock. The consensus estimate for LightPath Technologies' current full-year earnings is ($0.18) per share. HC Wainwright also issued estimates for LightPath Technologies' FY2026 earnings at ($0.14) EPS.

LightPath Technologies (NASDAQ:LPTH - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The technology company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.05). The firm had revenue of $9.17 million for the quarter, compared to the consensus estimate of $8.78 million. LightPath Technologies had a negative return on equity of 31.13% and a negative net margin of 28.57%. During the same quarter last year, the firm posted ($0.07) earnings per share.

LPTH has been the subject of a number of other research reports. Craig Hallum assumed coverage on shares of LightPath Technologies in a research report on Monday, April 28th. They set a "buy" rating and a $5.50 target price for the company. Wall Street Zen downgraded LightPath Technologies from a "hold" rating to a "sell" rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company's stock. According to data from MarketBeat, LightPath Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $4.88.

LightPath Technologies Trading Down 0.4%

Shares of LightPath Technologies stock traded down $0.01 during trading on Wednesday, hitting $2.37. The company's stock had a trading volume of 40,391 shares, compared to its average volume of 164,534. The stock has a market cap of $101.67 million, a price-to-earnings ratio of -9.87 and a beta of 0.84. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.53 and a quick ratio of 0.90. LightPath Technologies has a 52 week low of $1.04 and a 52 week high of $4.42. The stock has a 50-day moving average price of $2.16 and a two-hundred day moving average price of $2.43.

Institutional Trading of LightPath Technologies

Several hedge funds and other institutional investors have recently modified their holdings of LPTH. Jane Street Group LLC grew its stake in LightPath Technologies by 92.1% in the 1st quarter. Jane Street Group LLC now owns 60,612 shares of the technology company's stock valued at $122,000 after buying an additional 29,054 shares in the last quarter. Ironwood Investment Counsel LLC grew its position in shares of LightPath Technologies by 14.8% in the first quarter. Ironwood Investment Counsel LLC now owns 32,150 shares of the technology company's stock valued at $65,000 after purchasing an additional 4,150 shares in the last quarter. Royce & Associates LP raised its stake in shares of LightPath Technologies by 4.7% during the 1st quarter. Royce & Associates LP now owns 1,294,578 shares of the technology company's stock valued at $2,602,000 after purchasing an additional 58,194 shares during the period. Wealth Effects LLC lifted its holdings in LightPath Technologies by 176.3% during the 1st quarter. Wealth Effects LLC now owns 128,500 shares of the technology company's stock worth $258,000 after purchasing an additional 82,000 shares in the last quarter. Finally, Connective Capital Management LLC bought a new position in LightPath Technologies in the 4th quarter worth about $733,000. Institutional investors own 56.29% of the company's stock.

LightPath Technologies Company Profile

LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics.