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NASDAQ:LTRX

Lantronix Stock Forecast, Price & News

$4.70
-0.01 (-0.21 %)
(As of 10/23/2020 12:00 AM ET)
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Today's Range
$4.56
Now: $4.70
$4.77
50-Day Range
$4.26
MA: $4.81
$5.20
52-Week Range
$1.58
Now: $4.70
$5.48
Volume61,527 shs
Average Volume141,481 shs
Market Capitalization$134.22 million
P/E RatioN/A
Dividend YieldN/A
Beta2.09
Lantronix, Inc. provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT Connectivity, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, application hosting, protocol conversion, secure access for distributed IoT deployments, and various other functions; IoT Compute that include 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 IoT Telematics, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management. It also offers system on module, single board computer, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development, as well as xPrintServer. In addition, the company's REM products include out-of-band management, console management, power management, and IP connected keyboard-video-mouse products that provide remote access to IT and networking infrastructure deployed in test labs, data centers, branch offices, remote sites, and server rooms. Further, its SaaS platform enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. The company offers its products through value added resellers, systems integrators, distributors, online retailers, and original equipment manufacturers; and an e-commerce site for direct sales. Lantronix, Inc. was founded in 1989 and is headquartered in Irvine, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.90 out of 5 stars

Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryN/A
Current SymbolNASDAQ:LTRX
CUSIPN/A
Phone949-453-3990
Employees242

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$59.88 million
Cash Flow$0.06 per share
Book Value$1.66 per share

Profitability

Net Income$-10,740,000.00

Miscellaneous

Market Cap$134.22 million
Next Earnings Date11/11/2020 (Estimated)
OptionableNot Optionable
$4.70
-0.01 (-0.21 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Lantronix (NASDAQ:LTRX) Frequently Asked Questions

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

Lantronix's stock was trading at $2.30 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LTRX stock has increased by 104.3% and is now trading at $4.70.
View which stocks have been most impacted by COVID-19
.

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 Wednesday, November 11th 2020.
View our earnings forecast for Lantronix
.

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) issued its quarterly earnings results on Thursday, September, 10th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.02. The technology company earned $17.40 million during the quarter, compared to analysts' expectations of $17.30 million. Lantronix had a negative return on equity of 1.50% and a negative net margin of 17.93%.
View Lantronix's earnings history
.

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

Lantronix updated its FY 2021 After-Hours earnings guidance on Thursday, September, 10th. The company provided earnings per share (EPS) guidance of 0.20-0.23 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.19. The company issued revenue guidance of $71.854-74.848 million, compared to the consensus revenue estimate of $72.6 million.

What price target have analysts set for LTRX?

3 equities research analysts have issued 1 year target prices for Lantronix's stock. Their forecasts range from $5.00 to $6.00. On average, they expect Lantronix's stock price to reach $5.67 in the next year. This suggests a possible upside of 20.6% from the stock's current price.
View analysts' price targets for Lantronix
.

Are investors shorting Lantronix?

Lantronix saw a drop in short interest during the month of September. As of September 30th, there was short interest totaling 103,000 shares, a drop of 15.1% from the September 15th total of 121,300 shares. Based on an average daily trading volume, of 167,800 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.6% of the company's stock are sold short.
View Lantronix's Short Interest
.

Who are some of Lantronix's key competitors?

What other stocks do shareholders of Lantronix own?

Who are Lantronix's key executives?

Lantronix's management team includes the following people:
  • Mr. Paul H. Pickle, Pres, CEO & Director (Age 50, Pay $526.51k)
  • Mr. Jeremy R. Whitaker, Chief Financial Officer (Age 50, Pay $256.83k)
  • Mr. Roger Holliday, VP of Worldwide Sales (Age 61, Pay $102.12k)
  • Mr. Michael Andrew Fink, VP of Operations (Age 49)
  • Mr. Robert C. Adams, Head of Corp. Devel. & Investor Relations

What is Lantronix's stock symbol?

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

Who are Lantronix's major shareholders?

Lantronix's stock is owned by a number of retail and institutional investors. Top institutional investors include Wedbush Securities Inc. (0.20%). Company insiders that own Lantronix stock include Hoshi Printer, Jeremy Whitaker, Kevin Yoder, Paul F Folino and Paul H Pickle.
View institutional ownership trends for Lantronix
.

Which major investors are selling Lantronix stock?

LTRX stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc.. Company insiders that have sold Lantronix company stock in the last year include Hoshi Printer, Jeremy Whitaker, and Paul F Folino.
View insider buying and selling activity for Lantronix
.

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 $4.70.

How big of a company is Lantronix?

Lantronix has a market capitalization of $134.22 million and generates $59.88 million in revenue each year. The technology company earns $-10,740,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. Lantronix employs 242 workers across the globe.

What is Lantronix's official website?

The official website for Lantronix is 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]

This page was last updated on 10/25/2020 by MarketBeat.com Staff

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