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NASDAQ:LTRX - Lantronix Stock Price, Forecast & News

$1.96
+0.02 (+0.77 %)
(As of 04/1/2020 01:53 AM ET)
Today's Range
$1.95
Now: $1.96
$2.10
50-Day Range
$1.61
MA: $2.76
$3.95
52-Week Range
$1.58
Now: $1.96
$4.42
Volume118,700 shs
Average Volume112,842 shs
Market Capitalization$54.23 million
P/E RatioN/A
Dividend YieldN/A
Beta1
Lantronix, Inc. provides secure data access and management solutions for Internet of Things (IoT) assets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT gateways, which provide secure connectivity and the ability to add integrated device management and advanced data access features; and IoT building blocks that offer basic secure machine connectivity and unmanaged data access. It also offers information technology (IT) management products, which comprise console management, power management, and keyboard video mouse products that offer remote access to IT and networking infrastructure deployed in test labs, data centers, and server rooms; and xPrintServer. The company provides its IT management product line and external IoT solutions through value added resellers, systems integrators, distributors, consumers, online retailers, IT resellers, corporate customers, and government entities, original design manufacturers, and original equipment manufacturers. Lantronix, Inc. was founded in 1989 and is headquartered in Irvine, California.
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Lantronix logo

Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:LTRX
CUSIPN/A
Phone949-453-3990

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$46.89 million
Cash Flow$0.11 per share
Book Value$1.66 per share

Profitability

Net Income$-410,000.00

Miscellaneous

Employees147
Market Cap$54.23 million
Next Earnings Date4/23/2020 (Estimated)
OptionableNot Optionable

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Lantronix (NASDAQ:LTRX) Frequently Asked Questions

How has Lantronix's stock been impacted by COVID-19 (Coronavirus)?

Lantronix's stock was trading at $2.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LTRX shares have decreased by 15.0% and is now trading at $1.9550. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lantronix?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Lantronix.

When is Lantronix's next earnings date?

Lantronix is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Lantronix.

How were Lantronix's earnings last quarter?

Lantronix Inc (NASDAQ:LTRX) posted its quarterly earnings data on Wednesday, February, 12th. The technology company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by $0.01. The technology company had revenue of $13.23 million for the quarter. Lantronix had a negative net margin of 9.13% and a positive return on equity of 1.18%. View Lantronix's earnings history.

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

Lantronix updated its third quarter 2020 After-Hours earnings guidance on Wednesday, March, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $15-17 million, compared to the consensus revenue estimate of $18.63 million.

What price target have analysts set for LTRX?

3 analysts have issued 12-month price objectives for Lantronix's stock. Their forecasts range from $4.00 to $6.00. On average, they anticipate Lantronix's stock price to reach $5.00 in the next year. This suggests a possible upside of 155.8% from the stock's current price. View analysts' price targets for Lantronix.

Has Lantronix been receiving favorable news coverage?

News headlines about LTRX stock have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Lantronix earned a news impact score of -3.0 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View the latest news aboutLantronix.

Are investors shorting Lantronix?

Lantronix saw a decrease in short interest in March. As of March 13th, there was short interest totaling 31,400 shares, a decrease of 68.8% from the February 27th total of 100,600 shares. Based on an average daily volume of 109,900 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold. View Lantronix's Current Options Chain.

Who are some of Lantronix's key competitors?

What other stocks do shareholders of Lantronix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lantronix investors own include Rite Aid (RAD), Century Aluminum (CENX), Mr. Cooper Group (COOP), Tonix Pharmaceuticals (TNXP), American Airlines Group (AAL), Cleveland-Cliffs (CLF), Cerus (CERS), Advanced Micro Devices (AMD), Resonant (RESN) and Apache (APA).

Who are Lantronix's key executives?

Lantronix's management team includes the following people:
  • Mr. Jeremy R. Whitaker, Chief Financial Officer (Age 49)
  • Mr. Kevin M. Yoder, VP of Worldwide Sales (Age 55)
  • Mr. Paul H. Pickle, Pres, CEO & Director (Age 49)
  • Mr. Michael Andrew Fink, VP of Operations (Age 48)
  • Mr. Kurt E. Scheuerman, VP, Gen. Counsel & Corp. Sec. (Age 51)

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 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 Lantronix's stock price today?

One share of LTRX stock can currently be purchased for approximately $1.96.

How big of a company is Lantronix?

Lantronix has a market capitalization of $54.23 million and generates $46.89 million in revenue each year. The technology company earns $-410,000.00 in net income (profit) each year or $0.07 on an earnings per share basis. Lantronix employs 147 workers across the globe. View additional information about Lantronix.

What is Lantronix's official website?

The official website for Lantronix is http://www.lantronix.com/.

How can I contact Lantronix?

Lantronix's mailing address is 7535 IRVINE CENTER DRIVE SUITE 100, IRVINE CA, 92618. The technology company can be reached via phone at 949-453-3990 or via email at [email protected]


MarketBeat Community Rating for Lantronix (NASDAQ LTRX)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  210 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  524
MarketBeat's community ratings are surveys of what our community members think about Lantronix and other stocks. Vote "Outperform" if you believe LTRX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LTRX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/1/2020 by MarketBeat.com Staff

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