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International Paper's 5% Yield Offers Big Value
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Warren Buffett's company dumps another 5 million shares of printer maker HP
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Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
NASDAQ:LTRX

Lantronix (LTRX) Stock Forecast, Price & News

$4.39
-0.09 (-2.01%)
(As of 10/3/2023 ET)
Compare
Today's Range
$4.26
$4.51
50-Day Range
$3.75
$5.31
52-Week Range
$3.52
$5.87
Volume
131,798 shs
Average Volume
199,555 shs
Market Capitalization
$162.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.80

Lantronix MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
123.2% Upside
$9.80 Price Target
Short Interest
Healthy
0.87% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.63mentions of Lantronix in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$53,300 Bought Last Quarter
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.

2.21 out of 5 stars

Computer And Technology Sector

298th out of 598 stocks

Computer & Office Equipment Industry

11th out of 12 stocks


LTRX stock logo

About Lantronix (NASDAQ:LTRX) Stock

Lantronix, Inc. provides solutions for video surveillance, infotainment systems, and intelligent substations infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT System Solutions, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and various other functions; Embedded IoT Modules, such as application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and Software and Engineering Services offers SaaS platform that enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. It also offers telematics devices, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management; network switches, media converters, power over ethernet, NICS and optical SFPs, system on modules, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development. In addition, the company provides console management, power management, and IP connected keyboard-video-mouse products that offers remote access to IT and networking infrastructure deployed in test labs, data centers, branch offices, remote sites, and server rooms; and hardware engineering, software engineering, and mechanical engineering, rapid prototyping and quality assurance engineering services. Lantronix, Inc. was incorporated in 1989 and is based in Irvine, California.

LTRX Price History

LTRX Stock News Headlines

[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"
The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>
Lantronix Independent Director Acquires 494% More Stock
One Lantronix Insider Raised Stake By 494% In Previous Year
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"
The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>
Lantronix, Inc. (LTRX) Q4 2023 Earnings Call Transcript
Lantronix, Inc. (LTRX) Q4 Earnings Top Estimates
Lantronix Q4 2023 Earnings Preview
Craig-Hallum Reaffirms Their Buy Rating on Lantronix (LTRX)
See More Headlines
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LTRX Company Calendar

Last Earnings
9/07/2023
Today
10/04/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:LTRX
Employees
357
Year Founded
1989

Price Target and Rating

Average Stock Price Forecast
$9.80
High Stock Price Forecast
$12.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+123.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-8,980,000.00
Pretax Margin
-6.27%

Debt

Sales & Book Value

Annual Sales
$131.19 million
Book Value
$2.12 per share

Miscellaneous

Free Float
27,204,000
Market Cap
$162.03 million
Optionable
Not Optionable
Beta
1.97

Social Links

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Key Executives

  • Mr. Jeremy R. WhitakerMr. Jeremy R. Whitaker (Age 53)
    CFO & Interim CEO
    Comp: $413.12k
  • Mr. Roger HollidayMr. Roger Holliday (Age 64)
    VP of Worldwide Sales
    Comp: $365.75k
  • Mr. Robert C. Adams
    Head of Corp. Devel. & Investor Relations
  • Mr. David Goren (Age 64)
    VP of Bus. Affairs, Legal & HR and Corp. Sec.
  • Gail Kathryn Miller
    Corp. Marketing & Communications Mang.
  • Mr. Jacques Issa
    VP of Marketing
  • Mr. Gene Schaeffer (Age 59)
    Head of Americas Sales
  • Ms. Amber Tinz
    Exec. Assistant
  • Mr. Eric Bass (Age 56)
    VP of Engineering













LTRX Stock - Frequently Asked Questions

Should I buy or sell Lantronix stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LTRX shares.
View LTRX analyst ratings
or view top-rated stocks.

What is Lantronix's stock price forecast for 2023?

4 equities research analysts have issued twelve-month target prices for Lantronix's shares. Their LTRX share price forecasts range from $8.00 to $12.00. On average, they predict the company's share price to reach $9.80 in the next year. This suggests a possible upside of 123.2% from the stock's current price.
View analysts price targets for LTRX
or view top-rated stocks among Wall Street analysts.

How have LTRX shares performed in 2023?

Lantronix's stock was trading at $4.32 at the beginning of the year. Since then, LTRX shares have increased by 1.6% and is now trading at $4.39.
View the best growth stocks for 2023 here
.

When is Lantronix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our LTRX earnings forecast
.

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) announced its quarterly earnings data on Thursday, September, 7th. The technology company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The technology company earned $34.92 million during the quarter, compared to analysts' expectations of $35.20 million. Lantronix had a negative net margin of 6.85% and a negative trailing twelve-month return on equity of 11.41%. During the same period last year, the business posted $0.07 EPS.

What guidance has Lantronix issued on next quarter's earnings?

Lantronix issued an update on its FY 2024 earnings guidance on Thursday, September, 7th. The company provided earnings per share (EPS) guidance of $0.50-$0.60 for the period, compared to the consensus earnings per share estimate of $0.53. The company issued revenue guidance of $175.00 million-$185.00 million, compared to the consensus revenue estimate of $176.91 million.

What other stocks do shareholders of Lantronix own?
What is Lantronix's stock symbol?

Lantronix trades on the NASDAQ under the ticker symbol "LTRX."

How do I buy shares of Lantronix?

Shares of LTRX 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 Lantronix's stock price today?

One share of LTRX stock can currently be purchased for approximately $4.39.

How much money does Lantronix make?

Lantronix (NASDAQ:LTRX) has a market capitalization of $162.03 million and generates $131.19 million in revenue each year. The technology company earns $-8,980,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis.

How many employees does Lantronix have?

The company employs 357 workers across the globe.

Does Lantronix have any subsidiaries?
The following companies are subsidiares of Lantronix: Intrinsyc Technologies, Intrinsyc Technologies Corporation, Lantronix Australia Pty. Ltd., Lantronix Europe GmbH, Lantronix Holding Company, Lantronix Hong Kong Limited, Lantronix India Private Limited, Lantronix International AG, Lantronix IoT GmbH, Lantronix Japan K.K., Lantronix Netherlands B.V., Lantronix UK Ltd., Maestro Wireless Solutions Limited, Net2Edge Limited, Premise Systems, ProNET GmbH, Stallion Technologies, Transition Networks, and Transition Networks Inc..
Read More
How can I contact Lantronix?

Lantronix's mailing address is 7535 IRVINE CENTER DRIVE SUITE 100, IRVINE CA, 92618. The official website for the company is www.lantronix.com. The technology company can be reached via phone at (949) 453-3990, via email at investors@lantronix.com, or via fax at 949-453-3995.

This page (NASDAQ:LTRX) was last updated on 10/4/2023 by MarketBeat.com Staff

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