LightPath Technologies Stock Price, News & Analysis (NASDAQ:LPTH)

LightPath Technologies trades on the NASDAQ under the ticker symbol "LPTH."

LightPath Technologies, Inc. (NASDAQ:LPTH) posted its earnings results on Thursday, November, 8th. The technology company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by $0.01. The technology company earned $8.55 million during the quarter, compared to analysts' expectations of $8.09 million. LightPath Technologies had a negative return on equity of 7.73% and a negative net margin of 7.94%. View LightPath Technologies' Earnings History.

LightPath Technologies is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for LightPath Technologies.

LightPath Technologies issued an update on its fourth quarter 2019 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $8.4-8.7 million, compared to the consensus revenue estimate of $8.87 million.

1 analysts have issued 1 year target prices for LightPath Technologies' stock. Their forecasts range from $2.00 to $2.00. On average, they anticipate LightPath Technologies' share price to reach $2.00 in the next twelve months. This suggests a possible upside of 177.4% from the stock's current price. View Analyst Price Targets for LightPath Technologies.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LightPath Technologies in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LightPath Technologies.

News headlines about LPTH stock have been trending negative on Monday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LightPath Technologies earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for LightPath Technologies.

LightPath Technologies saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 212,000 shares, an increase of 30.6% from the August 30th total of 162,300 shares. Based on an average daily volume of 95,900 shares, the short-interest ratio is presently 2.2 days. Approximately 1.0% of the shares of the company are sold short. View LightPath Technologies' Current Options Chain.

Some companies that are related to LightPath Technologies include POET Technologies (POETF), Sequans Communications (SQNS), Atomera (ATOM), Intermolecular (IMI), ReneSola (SOL), Netlist (NLST), Kopin (KOPN), Spi Energy (SPI), QuickLogic (QUIK), O2Micro International (OIIM), Envision Solar International (EVSI), Rubicon Technology (RBCN), Nanoflex Power (OPVS), Summit Wireless Technologies (WISA) and On Track Innovations (OTIV).

Based on aggregate information from My MarketBeat watchlists, some companies that other LightPath Technologies investors own include Exfo (EXFO), Merit Medical Systems (MMSI), RTI Surgical (RTIX), Pixelworks (PXLW), Ascent Solar Technologies (ASTI), Harvard Bioscience (HBIO), Castle Brands (ROX), Canadian Solar (CSIQ), Pfizer (PFE) and Meet Group (MEET).

Shares of LPTH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of LPTH stock can currently be purchased for approximately $0.72.

LightPath Technologies has a market capitalization of $18.62 million and generates $33.75 million in revenue each year. The technology company earns $-2,680,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. LightPath Technologies employs 331 workers across the globe.View Additional Information About LightPath Technologies.

The official website for LightPath Technologies is http://www.lightpath.com/.

LightPath Technologies' mailing address is 2603 CHALLENGER TECH CT SUITE 100, ORLANDO FL, 32826. The technology company can be reached via phone at 407-382-4003.