About LightPath Technologies (NASDAQ:LPTH)
LightPath Technologies, Inc. is a manufacturer and integrator of families of precision molded aspheric optics, fiber-optic collimator, GRADIUM glass lenses and other optical materials used to produce products that manipulate light. The Company designs, develops, manufactures and distributes optical components and assemblies utilizing the optical processes and manufacturing technologies. The Company also performs research and development for optical solutions for the traditional optics markets and communications markets. The Company's products are incorporated into a range of applications by its customers in various industries, including defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Industrial Electrical Equipment
- Sub-Industry: N/A
- Symbol: NASDAQ:LPTH
- CUSIP: N/A
- Web: www.lightpath.com
- Market Cap: $68.73 million
- Outstanding Shares: 24,115,000
- 50 Day Moving Avg: $2.77
- 200 Day Moving Avg: $2.06
- 52 Week Range: $1.21 - $3.25
Sales & Book Value:
- Trailing P/E Ratio: 32.33
- Foreward P/E Ratio: 15.83
- P/E Growth: 0.00
- Annual Revenue: $24.09 million
- Price / Sales: 2.85
- Book Value: $0.95 per share
- Price / Book: 3.00
- EBIDTA: $5.66 million
- Net Margins: 3.94%
- Return on Equity: 10.49%
- Return on Assets: 7.24%
- Debt-to-Equity Ratio: 0.01%
- Current Ratio: 3.25%
- Quick Ratio: 2.13%
- Average Volume: 417,846 shs.
- Beta: -0.54
- Short Ratio: 1.16
Frequently Asked Questions for LightPath Technologies (NASDAQ:LPTH)
What is LightPath Technologies' stock symbol?
LightPath Technologies trades on the NASDAQ under the ticker symbol "LPTH."
How were LightPath Technologies' earnings last quarter?
LightPath Technologies, Inc. (NASDAQ:LPTH) issued its quarterly earnings results on Wednesday, February, 15th. The company reported $0.05 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.03. The business earned $5.87 million during the quarter, compared to the consensus estimate of $4.90 million. LightPath Technologies had a return on equity of 10.49% and a net margin of 3.94%. View LightPath Technologies' Earnings History.
Where is LightPath Technologies' stock going? Where will LightPath Technologies' stock price be in 2017?
2 brokers have issued twelve-month price objectives for LightPath Technologies' shares. Their forecasts range from $2.50 to $3.50. On average, they anticipate LightPath Technologies' stock price to reach $3.00 in the next year. View Analyst Ratings for LightPath Technologies.
Are investors shorting LightPath Technologies?
LightPath Technologies saw a increase in short interest in April. As of April 13th, there was short interest totalling 825,311 shares, an increase of 43.7% from the March 31st total of 574,457 shares. Based on an average daily trading volume, of 378,869 shares, the short-interest ratio is currently 2.2 days. Currently, 4.4% of the company's stock are sold short.
Who are some of LightPath Technologies' key competitors?
Some companies that are related to LightPath Technologies include Ultralife Corp. (ULBI), Hydrogenics (HYGS), Arotech (ARTX), CUI Global (CUI), American Superconductor (AMSC), Pioneer Power Solutions (PPSI), IntriCon (IIN), EnSync (ESNC), Research Frontiers (REFR), Capstone Turbine (CPST), Nidec (NJ) and ZBB Energy (ZBB).
Who owns LightPath Technologies stock?
LightPath Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (5.85%), First Wilshire Securities Management Inc. (3.29%), Royce & Associates LP (2.84%), Vanguard Group Inc. (2.53%), Foundry Partners LLC (1.52%) and EAM Investors LLC (0.84%). Company insiders that own LightPath Technologies stock include Alan Symmons, Craig T Dunham, Dorothy M Cipolla, Joseph J Gaynor Jr and Louis Leeburg. View Institutional Ownership Trends for LightPath Technologies.
Who sold LightPath Technologies stock? Who is selling LightPath Technologies stock?
Who bought LightPath Technologies stock? Who is buying LightPath Technologies stock?
LightPath Technologies' stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Foundry Partners LLC, EAM Investors LLC, Vanguard Group Inc., Royce & Associates LP, Essex Investment Management Co. LLC, US Bancorp DE and Geode Capital Management LLC. Company insiders that have bought LightPath Technologies stock in the last two years include Alan Symmons, Craig T Dunham, Dorothy M Cipolla, Joseph J Gaynor Jr and Louis Leeburg. View Insider Buying and Selling for LightPath Technologies.
How do I buy LightPath Technologies stock?
Shares of LightPath Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of LightPath Technologies stock cost?
One share of LightPath Technologies stock can currently be purchased for approximately $2.85.
Consensus Ratings for LightPath Technologies (NASDAQ:LPTH) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||2 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$3.00 (5.26% upside)|
Analysts' Ratings History for LightPath Technologies (NASDAQ:LPTH)
(Data available from 5/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/5/2017||Dougherty & Co||Boost Price Target||Buy -> Buy||$3.00 -> $3.50||High|
|12/22/2016||Roth Capital||Initiated Coverage||Buy||$2.50||N/A|
Earnings History for LightPath Technologies (NASDAQ:LPTH)Earnings History by Quarter for LightPath Technologies (NASDAQ:LPTH)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/15/2017||Q2 2017||$0.03||$0.05||$4.90 million||$5.87 million||View||Listen|
|11/14/2016||Q1 2017||$0.02||$0.01||$4.55 million||$5.00 million||View||N/A|
|9/15/2016||Q416||$0.02||$0.02||$4.00 million||$4.73 million||View||Listen|
|5/5/2016||Q316||$0.02||$0.05||$3.80 million||$4.10 million||View||N/A|
|11/5/2015||Q116||$0.01||$0.03||$3.70 million||$4.20 million||View||N/A|
|9/22/2015||Q415||$0.01||($0.02)||$3.20 million||$4.51 million||View||Listen|
|2/5/2015||Q215||($0.01)||$0.01||$3.10 million||$3.35 million||View||N/A|
|9/3/2014||Q2 14||$0.01||$3.30 million||$3.11 million||View||N/A|
|5/8/2014||Q3 2014||($0.02)||($0.01)||$2.85 million||$3.01 million||View||N/A|
|9/5/2013||Q4 2013||($0.02)||$3.10 million||$3.13 million||View||N/A|
|11/8/2012||Q312||($0.03)||$0.01||$2.99 million||$2.89 million||View||N/A|
Earnings Estimates for LightPath Technologies (NASDAQ:LPTH)
2017 EPS Consensus Estimate: $0.10
2018 EPS Consensus Estimate: $0.16
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for LightPath Technologies (NASDAQ:LPTH)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for LightPath Technologies (NASDAQ:LPTH)
Insider Ownership Percentage: 17.10%Insider Trades by Quarter for LightPath Technologies (NASDAQ:LPTH)
Institutional Ownership Percentage: 7.47%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|1/6/2017||Alan Symmons||VP||Buy||719||$1.39||$999.41|| |
|1/6/2017||Dorothy M Cipolla||CFO||Buy||710||$1.39||$986.90|| |
|1/6/2017||Joseph J Gaynor Jr||Insider||Buy||2,014||$1.39||$2,799.46|| |
|12/21/2016||Alan Symmons||VP||Buy||8,333||$1.21||$10,082.93|| |
|12/21/2016||Craig T Dunham||Director||Buy||33,000||$1.21||$39,930.00|| |
|12/21/2016||Dorothy M Cipolla||CFO||Buy||20,661||$1.21||$24,999.81|| |
|7/8/2016||Alan Symmons||VP||Buy||637||$1.57||$1,000.09|| |
|7/8/2016||Dorothy M Cipolla||CFO||Buy||605||$1.57||$949.85|| |
|7/8/2016||Joseph J Gaynor Jr||CEO||Buy||1,784||$1.57||$2,800.88|| |
|1/8/2016||Alan Symmons||VP||Buy||539||$2.55||$1,374.45|| |
|1/8/2016||Dorothy M Cipolla||CFO||Buy||512||$2.55||$1,305.60|| |
|1/8/2016||Joseph J Gaynor Jr||CEO||Buy||1,689||$2.55||$4,306.95|| |
|11/27/2015||Louis Leeburg||Director||Buy||10,000||$1.69||$16,900.00|| |
Headline Trends for LightPath Technologies (NASDAQ:LPTH)
Latest Headlines for LightPath Technologies (NASDAQ:LPTH)
|LightPath Technologies Joins the Center of Freeform Optics|
www.baystreet.ca - May 19 at 10:53 AM
| Analysts Expect LightPath Technologies, Inc. (LPTH) to Post $0.04 Earnings Per Share|
www.americanbankingnews.com - May 17 at 12:28 PM
|FY2017 EPS Estimates for LightPath Technologies, Inc. Increased by Dougherty & Co (LPTH)|
www.americanbankingnews.com - May 8 at 9:48 AM
|LightPath Technologies, Inc. (LPTH) PT Raised to $3.50 at Dougherty & Co|
www.americanbankingnews.com - May 6 at 3:22 PM
|LightPath Technologies Schedules 2018 Annual Stockholders' Meeting|
finance.yahoo.com - May 5 at 6:20 PM
|LightPath Technologies (LPTH) Receives Media Impact Score of 0.08|
www.americanbankingnews.com - May 4 at 9:35 PM
|Investor Network: LightPath Technologies, Inc. to Host Earnings Call|
finance.yahoo.com - May 4 at 6:28 PM
|LightPath Technologies Reports 500% Increase in Operating Income for Fiscal 2017 Third Quarter Financial Results|
finance.yahoo.com - May 4 at 6:28 PM
|LightPath Technologies, Inc. (LPTH) Expected to Post Quarterly Sales of $8.1 Million|
www.americanbankingnews.com - April 28 at 2:53 PM
|Somewhat Positive News Coverage Extremely Likely to Impact LightPath Technologies (LPTH) Share Price|
www.americanbankingnews.com - April 27 at 11:40 AM
| Brokerages Anticipate LightPath Technologies, Inc. (LPTH) Will Post Earnings of $0.02 Per Share|
www.americanbankingnews.com - April 26 at 8:50 PM
|LightPath Technologies Schedules Fiscal 2017 Third Quarter Financial Results Conference Call for May 4|
finance.yahoo.com - April 26 at 6:57 PM
|ETFs with exposure to LightPath Technologies, Inc. : April 24, 2017|
finance.yahoo.com - April 24 at 3:46 PM
|LightPath Technologies (LPTH) Receives Media Impact Rating of 0.42|
www.americanbankingnews.com - April 22 at 12:31 PM
|LightPath Technologies Signs Joint Development Agreement to Produce Fiber Delivery Systems for Autonomous Vehicle Applications with OLE|
finance.yahoo.com - April 20 at 6:25 PM
|Lightpath Technologies (LPTH) Selected for Molded Glass Optics Contract from Renishaw - StreetInsider.com|
www.streetinsider.com - April 8 at 5:59 AM
|LightPath Technologies, Inc. (LPTH) Expected to Announce Quarterly Sales of $8.1 Million|
www.americanbankingnews.com - April 7 at 5:49 PM
|LightPath Technologies Wins Large Precision Molded Glass Optics Contract from Renishaw|
finance.yahoo.com - April 7 at 10:59 AM
|$0.03 Earnings Per Share Expected for LightPath Technologies, Inc. (LPTH) This Quarter|
www.americanbankingnews.com - April 5 at 6:04 PM
|LightPath Technologies Introduces Chalcogenide Glass Production|
us.rd.yahoo.com - March 30 at 6:39 PM
|LightPath Technologies (LPTH) Presents At 29th Annual ROTH Conference 2017|
seekingalpha.com - March 14 at 5:31 PM
|LightPath Technologies to Exhibit at the Upcoming SPIE Defense and Commercial Sensing Event|
finance.yahoo.com - March 9 at 6:10 PM
|LightPath Technologies to Present at 29th Annual ROTH Conference|
finance.yahoo.com - February 23 at 6:22 PM
|LIGHTPATH TECHNOLOGIES INC Financials|
finance.yahoo.com - February 18 at 5:38 PM
|LIGHTPATH TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - February 16 at 5:55 PM
|LIGHTPATH TECHNOLOGIES INC Files SEC form 8-K, Results of Operations and Financial Condition|
biz.yahoo.com - February 16 at 5:55 PM
|LightPath Technologies Reports 119% Increase in Operating Income for Fiscal 2017 Second Quarter Financial Results|
finance.yahoo.com - February 14 at 7:51 PM
|FinancialBuzz.com: Energy Management Systems Gain Popularity|
www.bizjournals.com - February 10 at 7:10 PM
|FinancialBuzz.com: Energy Management Market Influenced by Regulatory Changes|
www.bizjournals.com - February 7 at 7:40 PM
|LightPath Technologies Schedules Fiscal 2017 Second Quarter Financial Results Conference Call for February 14|
finance.yahoo.com - February 6 at 6:28 PM
|Weekly CFO Buys Highlights - Yahoo Finance|
finance.yahoo.com - January 17 at 6:42 PM
|Coverage initiated on LightPath by Dougherty & Company|
us.rd.yahoo.com - January 10 at 7:14 PM
|Avidbank Expands LightPath Technologies Credit Facilities with a $5 Million Acquisition Term Loan|
au.finance.yahoo.com - January 5 at 7:44 PM
|Weekly CFO Buys Highlight|
finance.yahoo.com - January 1 at 6:31 PM
LightPath Technologies (LPTH) Chart for Monday, May, 22, 2017