NASDAQ:LPTH

LightPath Technologies - LPTH Stock Forecast, Price & News

$1.07

-0.08 (-6.96%)

(As of 10/7/2022 05:12 PM ET)

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Today's Range: $1.07
▼
$1.18
50-Day Range: $1.04
▼
$1.95
52-Week Range: $1.03
▼
$2.87

Volume: 41,634 shs
Average Volume: 123,633 shs
Market Capitalization: $28.97 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.60

LightPath Technologies MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 233.3% Upside
$3.60 Price Target
Short Interest: Healthy
0.64% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.64 out of 5 stars

Computer And Technology Sector

581st out of 633 stocks

Semiconductors & Related Devices Industry

85th out of 92 stocks

3.5

Analyst's Opinion

Consensus Rating
LightPath Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.60, LightPath Technologies has a forecasted upside of 233.3% from its current price of $1.08.
Amount of Analyst Coverage
LightPath Technologies has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.64% of the float of LightPath Technologies has been sold short.
Short Interest Ratio / Days to Cover
LightPath Technologies has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in LightPath Technologies has recently increased by 28.81%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
LightPath Technologies does not currently pay a dividend.
Dividend Growth
LightPath Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LPTH.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for LightPath Technologies this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for LPTH on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added LightPath Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, LightPath Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.10% of the stock of LightPath Technologies is held by insiders.
Percentage Held by Institutions
Only 28.91% of the stock of LightPath Technologies is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of LightPath Technologies is -8.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of LightPath Technologies is -8.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
LightPath Technologies has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About LightPath Technologies (NASDAQ:LPTH) Stock

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. Its products are used in 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, and other industries. The company sells its products directly to customers in North America, Europe, and Asia, as well as through catalog and distribution channels in the United States and internationally. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.

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LPTH Stock News Headlines

October 6, 2022 | finance.yahoo.com

LightPath Technologies Provides Update Related to Hurricane Ian

October 3, 2022 | americanbankingnews.com

LightPath Technologies (NASDAQ:LPTH) Receives New Coverage from Analysts at StockNews.com

September 29, 2022 | reuters.com

LightPath Technologies Inc

September 15, 2022 | seekingalpha.com

LightPath Technologies, Inc. (LPTH) Q4 2022 Earnings Call Transcript

September 14, 2022 | finance.yahoo.com

LightPath Technologies, Inc. (LPTH) Reports Q4 Loss, Misses Revenue Estimates

September 14, 2022 | finanznachrichten.de

LightPath Technologies, Inc.: LightPath Technologies Reports Financial Results for Fiscal Year and Fourth Quarter 2022

September 14, 2022 | msn.com

7LPTH : LightPath Technologies: Q4 Earnings Insights

September 14, 2022 | finance.yahoo.com

LightPath Technologies Reports Financial Results for Fiscal Year and Fourth Quarter 2022

September 6, 2022 | finance.yahoo.com

LightPath Technologies to Present at H.C. Wainwright Annual Global Investment Conference

September 1, 2022 | finance.yahoo.com

LightPath Technologies Schedules Fiscal 2022 Fourth Quarter and Year End Financial Results Conference Call for September 14, 2022

August 22, 2022 | finanznachrichten.de

LightPath Technologies, Inc.: LightPath Technologies Announces Record Backlog in August of $24 million

August 22, 2022 | finance.yahoo.com

LightPath Technologies Announces Record Backlog in August of $24 million

August 11, 2022 | nasdaq.com

Shareholders have faith in loss-making LightPath Technologies (NASDAQ:LPTH) as stock climbs 11% in past week, taking three-year gain to 154%

August 9, 2022 | finance.yahoo.com

Investors bid LightPath Technologies (NASDAQ:LPTH) up US$5.1m despite increasing losses YoY, taking three-year CAGR to 37%

August 2, 2022 | finance.yahoo.com

LightPath Technologies Announces Supply Agreement with Long Time European Customer for Precision Molded Optics

July 14, 2022 | finanznachrichten.de

LightPath Technologies, Inc.: Micro Core by Seek Thermal Wins 2022 Best of Sensors Award Using LightPath's Optical Assembly

July 14, 2022 | apnews.com

Micro Core by Seek Thermal Wins 2022 Best of Sensors Award Using LightPath’s Optical Assembly

July 14, 2022 | finance.yahoo.com

Micro Core by Seek Thermal Wins 2022 Best of Sensors Award Using LightPath's Optical Assembly

July 6, 2022 | finanznachrichten.de

LightPath Technologies, Inc.: QuantLR & LightPath Technologies Announce Partnership to Develop Free-Space Quantum Encryption System

July 6, 2022 | finance.yahoo.com

QuantLR & LightPath Technologies Announce Partnership to Develop Free-Space Quantum Encryption System

June 7, 2022 | finanznachrichten.de

LightPath Technologies, Inc.: LightPath Technologies to Present at LD Micro Invitational June 7th - 9th, 2022

June 6, 2022 | finance.yahoo.com

LightPath Technologies to Present at LD Micro Invitational June 7th - 9th, 2022

May 14, 2022 | finanznachrichten.de

LightPath Technologies, Inc.: LightPath Technologies Reports Financial Results for Fiscal 2022 Third Quarter

May 13, 2022 | finance.yahoo.com

LightPath Technologies to Present at Spring Into Action - Best Ideas Virtual Investor Conference on May 17th - 20th, 2022

May 13, 2022 | benzinga.com

LightPath Technologies: Q3 Earnings Insights

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30 days | 90 days | 365 days | Advanced Chart

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LPTH Company Calendar

Last Earnings: 9/14/2022
Today: 10/07/2022
Next Earnings (Estimated): 11/03/2022
Fiscal Year End: 6/30/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:LPTH
CUSIP: N/A
CIK: 889971
Web: www.lightpath.com
Phone: (407) 382-4003
Fax: 407-382-4007
Employees: 353
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.60
High Stock Price Forecast: $3.70
Low Stock Price Forecast: $3.50
Forecasted Upside/Downside: +236.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.13)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-3,540,000.00
Net Margins: -9.96%
Pretax Margin: -7.53%
Return on Equity: -11.19%
Return on Assets: -6.78%

Debt

Debt-to-Equity Ratio: 0.11
Current Ratio: 2.35
Quick Ratio: 1.45

Sales & Book Value

Annual Sales: $35.56 million
Price / Sales: 0.81
Cash Flow: $0.00 per share
Price / Cash Flow: 405.71
Book Value: $1.10 per share
Price / Book: 0.97

Miscellaneous

Outstanding Shares: 27,072,000
Free Float: 24,879,000
Market Cap: $28.97 million
Optionable: Not Optionable
Beta: 1.72

Key Executives

Mr. Shmuel Rubin (Age 48)
Pres, CEO & Director
Comp: $372.19k

Mr. Albert Miranda (Age 55)
CFO, Sec. & Treasurer
Comp: $239.68k

Mr. Peter Greif
VP of Operations

Mr. Mark Palvino
VP of Global Sales & Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LPTH Stock - Frequently Asked Questions

Should I buy or sell LightPath Technologies stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LightPath Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" LPTH shares.
View LPTH analyst ratings or view top-rated stocks.
What is LightPath Technologies' stock price forecast for 2022?: 1 brokers have issued 1-year price objectives for LightPath Technologies' stock. Their LPTH share price forecasts range from $3.50 to $3.70. On average, they predict the company's stock price to reach $3.60 in the next twelve months. This suggests a possible upside of 233.3% from the stock's current price.
View analysts price targets for LPTH or view top-rated stocks among Wall Street analysts.
How have LPTH shares performed in 2022?: LightPath Technologies' stock was trading at $2.44 at the beginning of the year. Since then, LPTH shares have decreased by 55.7% and is now trading at $1.08.
View the best growth stocks for 2022 here.
When is LightPath Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our LPTH earnings forecast.
How were LightPath Technologies' earnings last quarter?: LightPath Technologies, Inc. (NASDAQ:LPTH) issued its quarterly earnings data on Wednesday, September, 14th. The technology company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by $0.03. LightPath Technologies had a negative net margin of 9.96% and a negative trailing twelve-month return on equity of 11.19%. During the same quarter last year, the company earned ($0.11) EPS.
What is Jim Gaynor's approval rating as LightPath Technologies' CEO?: 3 employees have rated LightPath Technologies Chief Executive Officer Jim Gaynor on Glassdoor.com. Jim Gaynor has an approval rating of 65% among the company's employees.

What other stocks do shareholders of LightPath Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other LightPath Technologies investors own include EXFO (EXFO), RTI Surgical (RTIX), Merit Medical Systems (MMSI), Pfizer (PFE), Advanced Micro Devices (AMD), Pixelworks (PXLW), Kopin (KOPN), Palatin Technologies (PTN), Sorrento Therapeutics (SRNE) and Micron Technology (MU).
What is LightPath Technologies' stock symbol?: LightPath Technologies trades on the NASDAQ under the ticker symbol "LPTH."
How do I buy shares of LightPath Technologies?: Shares of LPTH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is LightPath Technologies' stock price today?: One share of LPTH stock can currently be purchased for approximately $1.08.
How much money does LightPath Technologies make?: LightPath Technologies (NASDAQ:LPTH) has a market capitalization of $29.24 million and generates $35.56 million in revenue each year. The technology company earns $-3,540,000.00 in net income (profit) each year or ($0.13) on an earnings per share basis.
How many employees does LightPath Technologies have?: The company employs 353 workers across the globe.
How can I contact LightPath Technologies?: LightPath Technologies' mailing address is 2603 CHALLENGER TECH CT SUITE 100, ORLANDO FL, 32826. The official website for the company is www.lightpath.com. The technology company can be reached via phone at (407) 382-4003 or via fax at 407-382-4007.

This page (NASDAQ:LPTH) was last updated on 10/7/2022 by MarketBeat.com Staff

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LightPath Technologies - LPTH Stock Forecast, Price & News

LightPath Technologies MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month