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 target for 2024?

4 Wall Street research analysts have issued twelve-month price objectives for Lantronix's shares. Their LTRX share price targets range from $8.00 to $12.00. On average, they predict the company's stock price to reach $9.80 in the next twelve months. This suggests a possible upside of 65.8% 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 36.8% and is now trading at $5.91. 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 Thursday, February 8th 2024. View our LTRX earnings forecast .

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) issued its quarterly earnings results on Wednesday, November, 8th. The technology company reported ($0.05) EPS for the quarter, meeting analysts' consensus estimates of ($0.05). The technology company earned $33.03 million during the quarter, compared to analysts' expectations of $31.50 million. Lantronix had a negative net margin of 6.96% and a negative trailing twelve-month return on equity of 11.81%.

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

Lantronix updated its FY 2024 earnings guidance on Wednesday, November, 8th. The company provided EPS guidance of $0.50-$0.60 for the period, compared to the consensus earnings per share estimate of $0.55. The company issued revenue guidance of $175.00 million-$185.00 million, compared to the consensus revenue estimate of $177.25 million.

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) , Advanced Micro Devices (AMD) , Cleveland-Cliffs (CLF) , Enterprise Products Partners (EPD) , Energy Transfer (ET) and Nokia Oyj (NOK) .

Who are Lantronix's major shareholders?

Lantronix's stock is owned by a number of retail and institutional investors. Top institutional shareholders include AMH Equity Ltd (3.07%), RK Capital Management LLC (2.38%), Jacob Asset Management of New York LLC (1.46%), First Eagle Investment Management LLC (1.37%), Essex Investment Management Co. LLC (1.15%) and Legato Capital Management LLC (0.43%). Insiders that own company stock include Bernhard Bruscha , Fathi Hakam , Hoshi Printer, Jeremy Whitaker , Paul F Folino , Paul H Pickle , Philip G Brace and Roger Holliday . View institutional ownership trends .

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 .

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

Lantronix Stock Price, News & Analysis (NASDAQ:LTRX)

$5.91

+0.02 (+0.34%)

(As of 12/8/2023 ET)

Compare

Today's Range: $5.84
▼
$6.02
50-Day Range: $4.04
▼
$5.97
52-Week Range: $3.52
▼
$6.05

Volume: 106,121 shs
Average Volume: 184,231 shs
Market Capitalization: $220.21 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.80

Lantronix MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 65.8% Upside
$9.80 Price Target
Short Interest: Healthy
0.58% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$53,300 Bought Last Quarter
Proj. Earnings Growth: 72.73%
From $0.22 to $0.38 Per Share

Overall MarketRank^™

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

2.71 out of 5 stars

Computer And Technology Sector

56th out of 601 stocks

Computer & Office Equipment Industry

4th out of 11 stocks

3.5

Analyst's Opinion

Consensus Rating
Lantronix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.80, Lantronix has a forecasted upside of 65.8% from its current price of $5.91.
Amount of Analyst Coverage
Lantronix has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.58% of the outstanding shares of Lantronix have been sold short.
Short Interest Ratio / Days to Cover
Lantronix has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Lantronix has recently decreased by 13.09%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Lantronix does not currently pay a dividend.
Dividend Growth
Lantronix 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 LTRX.

2.6

News and Social Media Coverage

News Sentiment
Lantronix has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Lantronix this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for LTRX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Lantronix to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lantronix insiders have bought more of their company's stock than they have sold. Specifically, they have bought $53,300.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
17.30% of the stock of Lantronix is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 37.21% of the stock of Lantronix is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Lantronix are expected to grow by 72.73% in the coming year, from $0.22 to $0.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lantronix is -23.64, 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 Lantronix is -23.64, 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
Lantronix has a P/B Ratio of 2.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lantronix Stock (NASDAQ:LTRX)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LTRX Stock News Headlines

December 8, 2023 | americanbankingnews.com

Lantronix (NASDAQ:LTRX) Share Price Passes Above 200 Day Moving Average of $4.51

November 30, 2023 | americanbankingnews.com

Lantronix (NASDAQ:LTRX) Stock Crosses Above 200-Day Moving Average of $4.47

December 9, 2023 | Wealthpress (Ad)

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November 29, 2023 | seekingalpha.com

Lantronix: A Great Bet In The Long Term

November 21, 2023 | finance.yahoo.com

Individual investors account for 42% of Lantronix, Inc.'s (NASDAQ:LTRX) ownership, while institutions account for 34%

November 21, 2023 | finance.yahoo.com

Lantronix Appoints Saleel Awsare to Its Board of Directors

November 10, 2023 | finance.yahoo.com

Lantronix, Inc. (NASDAQ:LTRX) Q1 2024 Earnings Call Transcript

November 10, 2023 | markets.businessinsider.com

Analyst Maintains Buy Rating for Lantronix Amid Strong Business Performance and Leadership Change

December 9, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 9, 2023 | finanznachrichten.de

Lantronix, Inc.: Lantronix Reports Results for First Quarter of Fiscal 2024

November 8, 2023 | finance.yahoo.com

Lantronix Reports Results for First Quarter of Fiscal 2024

November 7, 2023 | benzinga.com

Lantronix's Earnings Outlook

November 7, 2023 | msn.com

Lantronix Q1 2024 Earnings Preview

November 2, 2023 | finance.yahoo.com

Lantronix to Report Fiscal 2024 First Quarter Results on November 8, 2023

October 25, 2023 | finance.yahoo.com

Lantronix Expands Automotive Solution Offerings With New Snapdragon Ride SX Development Platform

October 20, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights Cisco, Lantronix and RADCOM

October 17, 2023 | finanznachrichten.de

Lantronix, Inc.: Lantronix Announces the Passing of Chairman of the Board Paul Folino

October 16, 2023 | marketwatch.com

Lantronix Chairman Paul Folino Passed Away

October 16, 2023 | finance.yahoo.com

Lantronix Announces the Passing of Chairman of the Board Paul Folino

September 18, 2023 | uk.style.yahoo.com

Lantronix Independent Director Acquires 494% More Stock

September 18, 2023 | msn.com

What Makes Lantronix, Inc. (LTRX) a New Buy Stock

September 16, 2023 | finance.yahoo.com

One Lantronix Insider Raised Stake By 494% In Previous Year

September 14, 2023 | finance.yahoo.com

Insider Buying: Director Philip Brace Acquires 10,000 Shares of Lantronix Inc (LTRX)

September 14, 2023 | finance.yahoo.com

Lantronix Expands Its G520 Series of Transport Pack Routers, Now Offering New 5G and 4G CAT-4 Routers

September 10, 2023 | seekingalpha.com

Lantronix, Inc. (LTRX) Q4 2023 Earnings Call Transcript

September 9, 2023 | msn.com

Roth Capital Reiterates Lantronix (LTRX) Buy Recommendation

September 9, 2023 | msn.com

Roth MKM Maintains Lantronix (LTRX) Buy Recommendation

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/08/2023
Next Earnings (Estimated): 2/08/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer & office equipment
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:LTRX
CUSIP: N/A
CIK: 1114925
Web: www.lantronix.com
Phone: (949) 453-3990
Fax: 949-453-3995
Employees: 357
Year Founded: 1989

Price Target and Rating

Average Stock Price Target: $9.80
High Stock Price Target: $12.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +65.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.25)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 26.86
P/E Growth: N/A
Net Income: $-8,980,000.00
Net Margins: -6.96%
Pretax Margin: -6.44%
Return on Equity: -11.81%
Return on Assets: -6.11%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 2.03
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $132.43 million
Price / Sales: 1.66
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.12 per share
Price / Book: 2.79

Miscellaneous

Outstanding Shares: 37,265,000
Free Float: 30,818,000
Market Cap: $220.24 million
Optionable: Not Optionable
Beta: 2.04

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Key Executives

Mr. Jeremy R. Whitaker (Age 53)
CFO & Interim CEO
Comp: $257.78k
Mr. Roger Holliday (Age 64)
Vice President of Worldwide Sales
Comp: $256.8k
Mr. Eric Bass (Age 56)
Vice President of Engineering
Comp: $240.72k
Mr. Robert C. Adams
Head of Corporate Development & Investor Relations
Mr. David Goren (Age 64)
VP of Business Affairs, Legal & HR and Corporate Secretary
Gail Kathryn Miller
Corporate Marketing & Communications Manager
Mr. Jacques Issa
Vice President of Marketing
Mr. Gene Schaeffer (Age 59)
Head of Americas Sales
Ms. Amber Tinz
Executive Assistant

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LTRX Stock Analysis - 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 target for 2024?: 4 Wall Street research analysts have issued twelve-month price objectives for Lantronix's shares. Their LTRX share price targets range from $8.00 to $12.00. On average, they predict the company's stock price to reach $9.80 in the next twelve months. This suggests a possible upside of 65.8% 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 36.8% and is now trading at $5.91.
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 Thursday, February 8th 2024.
View our LTRX earnings forecast.
How were Lantronix's earnings last quarter?: Lantronix, Inc. (NASDAQ:LTRX) issued its quarterly earnings results on Wednesday, November, 8th. The technology company reported ($0.05) EPS for the quarter, meeting analysts' consensus estimates of ($0.05). The technology company earned $33.03 million during the quarter, compared to analysts' expectations of $31.50 million. Lantronix had a negative net margin of 6.96% and a negative trailing twelve-month return on equity of 11.81%.
What guidance has Lantronix issued on next quarter's earnings?: Lantronix updated its FY 2024 earnings guidance on Wednesday, November, 8th. The company provided EPS guidance of $0.50-$0.60 for the period, compared to the consensus earnings per share estimate of $0.55. The company issued revenue guidance of $175.00 million-$185.00 million, compared to the consensus revenue estimate of $177.25 million.

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), Advanced Micro Devices (AMD), Cleveland-Cliffs (CLF), Enterprise Products Partners (EPD), Energy Transfer (ET) and Nokia Oyj (NOK).
Who are Lantronix's major shareholders?: Lantronix's stock is owned by a number of retail and institutional investors. Top institutional shareholders include AMH Equity Ltd (3.07%), RK Capital Management LLC (2.38%), Jacob Asset Management of New York LLC (1.46%), First Eagle Investment Management LLC (1.37%), Essex Investment Management Co. LLC (1.15%) and Legato Capital Management LLC (0.43%). Insiders that own company stock include Bernhard Bruscha, Fathi Hakam, Hoshi Printer, Jeremy Whitaker, Paul F Folino, Paul H Pickle, Philip G Brace and Roger Holliday.
View institutional ownership trends.
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.
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

This page (NASDAQ:LTRX) was last updated on 12/9/2023 by MarketBeat.com Staff

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