NASDAQ:LPTHLightPath Technologies Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding LightPath Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.32 +0.01 (+0.43 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$2.29Now: $2.32▼$2.3750-Day Range$1.21MA: $2.00▼$2.4752-Week Range$0.54Now: $2.32▼$2.74Volume77,818 shsAverage Volume517,583 shsMarket Capitalization$60.00 millionP/E RatioN/ADividend YieldN/ABeta0.96 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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 materials used to produce products that manipulate light. Its products are used 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, and other industries. The company sells its products directly to customers in North America, Europe, and China, as well as through distributors and channel partners in the United States and internationally. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingLightPath 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/DownsideAccording to analysts' consensus price target of $3.25, LightPath Technologies has a potential upside of 40.1% from its current price of $2.32.Amount of Analyst CoverageLightPath Technologies has only been the subject of 1 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesLightPath Technologies has received 300 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLightPath Technologies has received 265 “underperform” votes. (Add your “underperform” vote.)Community SentimentLightPath Technologies has received 53.10% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about LightPath Technologies and other stocks. Vote “Outperform” if you believe LPTH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LPTH will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldLightPath Technologies does not currently pay a dividend.Dividend GrowthLightPath Technologies does not have a long track record of dividend growth. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LightPath Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $585.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 15.00% of the stock of LightPath Technologies is held by insiders.Percentage Held by InstitutionsOnly 16.99% of the stock of LightPath Technologies is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for LightPath Technologies are expected to grow by 350.00% in the coming year, from $0.02 to $0.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LightPath Technologies is -38.66, 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. SectorThe P/E ratio of LightPath Technologies is -38.66, 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 RatioLightPath Technologies has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.22 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:LPTH Previous Symbol CUSIPN/A CIK889971 Webwww.lightpath.com Phone407-382-4003Debt Debt-to-Equity Ratio0.18 Current Ratio3.23 Quick Ratio1.88Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio116.00 P/E GrowthN/A Sales & Book Value Annual Sales$33.75 million Price / Sales1.78 Cash Flow$0.06 per share Price / Cash Flow38.17 Book Value$1.31 per share Price / Book1.77Profitability EPS (Most Recent Fiscal Year)($0.07) Net Income$-2,680,000.00 Net Margins-4.48% Return on Equity-4.67% Return on Assets-3.36%Miscellaneous Employees331 Outstanding Shares25,860,000Market Cap$60.00 million Next Earnings Date9/10/2020 (Estimated) OptionableNot Optionable NASDAQ:LPTH Rates by TradingView Receive LPTH News and Ratings via Email Sign-up to receive the latest news and ratings for LPTH and its competitors with MarketBeat's FREE daily newsletter. LightPath Technologies (NASDAQ:LPTH) Frequently Asked Questions How has LightPath Technologies' stock been impacted by COVID-19 (Coronavirus)? LightPath Technologies' stock was trading at $1.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LPTH shares have increased by 100.0% and is now trading at $2.32. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is LightPath Technologies' next earnings date? LightPath Technologies is scheduled to release its next quarterly earnings announcement on Thursday, September 10th 2020. View our earnings forecast for LightPath Technologies. How were LightPath Technologies' earnings last quarter? LightPath Technologies, Inc. (NASDAQ:LPTH) announced its quarterly earnings data on Thursday, May, 7th. The technology company reported $0.03 EPS for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.02. The technology company earned $8.71 million during the quarter, compared to analyst estimates of $8.57 million. LightPath Technologies had a negative net margin of 4.48% and a negative return on equity of 4.67%. View LightPath Technologies' earnings history. What guidance has LightPath Technologies issued on next quarter's earnings? LightPath Technologies issued an update on its third quarter 2020 Pre-Market earnings guidance on Thursday, April, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $8.4-8.7 million, compared to the consensus revenue estimate of $8.79 million. What price target have analysts set for LPTH? 1 equities research analysts have issued 1-year price targets for LightPath Technologies' stock. Their forecasts range from $3.25 to $3.25. On average, they anticipate LightPath Technologies' stock price to reach $3.25 in the next twelve months. This suggests a possible upside of 40.1% from the stock's current price. View analysts' price targets for LightPath Technologies. Has LightPath Technologies been receiving favorable news coverage? Media stories about LPTH stock have trended very negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. 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 media sentiment score of -3.4 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutLightPath Technologies. Are investors shorting LightPath Technologies? LightPath Technologies saw a increase in short interest in May. As of May 15th, there was short interest totaling 188,900 shares, an increase of 52.5% from the April 30th total of 123,900 shares. Based on an average daily trading volume, of 617,600 shares, the short-interest ratio is presently 0.3 days. Currently, 0.9% of the company's shares are sold short. View LightPath Technologies' Current Options Chain. Who are some of LightPath Technologies' key competitors? Some companies that are related to LightPath Technologies include AXT (AXTI), Applied Optoelectronics (AAOI), GSI Technology (GSIT), Atomera (ATOM), Pixelworks (PXLW), Sequans Communications (SQNS), Resonant (RESN), Everspin Technologies (MRAM), POET Technologies (POETF), EMCORE (EMKR), Kopin (KOPN), Intermolecular (IMI), Envision Solar International (EVSI), O2Micro International (OIIM) and QuickLogic (QUIK). View all competitors. 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), Merit Medical Systems (MMSI), RTI Surgical (RTIX), Ascent Solar Technologies (ASTI), Pixelworks (PXLW), Harvard Bioscience (HBIO), Pfizer (PFE), Castle Brands (ROX), Canadian Solar (CSIQ) and Athersys (ATHX). Who are LightPath Technologies' key executives? LightPath Technologies' management team includes the following people: Mr. J. James Gaynor, CEO, Pres & Director (Age 68)Mr. Alan Symmons, Exec. VP of Operations (Age 47)Ms. Dorothy M. Cipolla, VP, Exec. Director of Compliance,Treasury and Tax, Treasurer & Sec. (Age 63)Mr. Donald O'Connor Retreage Jr., Chief Financial Officer (Age 65) 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 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. What is LightPath Technologies' stock price today? One share of LPTH stock can currently be purchased for approximately $2.32. How big of a company is LightPath Technologies? LightPath Technologies has a market capitalization of $60.00 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. What is LightPath Technologies' official website? The official website for LightPath Technologies is www.lightpath.com. How can I contact LightPath Technologies? 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. This page was last updated on 5/31/2020 by MarketBeat.com Staff
