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Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
NASDAQ:LTRX

Lantronix - LTRX Stock Forecast, Price & News

$5.05
-0.07 (-1.37%)
(As of 11/29/2022 12:00 AM ET)
Add
Compare
Today's Range
$5.01
$5.18
50-Day Range
$3.84
$5.62
52-Week Range
$3.79
$8.66
Volume
109,471 shs
Average Volume
196,380 shs
Market Capitalization
$183.01 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.00

Lantronix MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
137.6% Upside
$12.00 Price Target
Short Interest
Healthy
1.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.50mentions of Lantronix in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.24 M Sold Last Quarter
Proj. Earnings Growth
460.00%
From $0.05 to $0.28 Per Share

Overall MarketRank

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

2.69 out of 5 stars

Computer And Technology Sector

124th out of 632 stocks

Computer & Office Equipment Industry

5th out of 13 stocks

LTRX stock logo

About Lantronix (NASDAQ:LTRX) Stock

Lantronix, Inc. provides solutions for video surveillance, traffic management, infotainment systems, robotics, edge computing, and remote environment management 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 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, single board computers, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development. In addition, the company's REM products include out-of-band management, 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. Lantronix, Inc. was incorporated in 1989 and is headquartered in Irvine, California.

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LTRX Stock News Headlines

Lantronix First Quarter 2023 Earnings: Misses Expectations
Lantronix, Inc. (LTRX) Beats Q1 Earnings Estimates
Lantronix Reports Results for First Quarter Fiscal 2023
Lantronix, Inc. (LTRX)
Lantronix (NASDAQ:LTRX) Issues FY 2023 Earnings Guidance
Lantronix Announces Acquisition of Uplogix - GlobeNewswire
See More Headlines
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LTRX Company Calendar

Last Earnings
11/11/2021
Today
11/30/2022
Next Earnings (Estimated)
2/09/2023
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:LTRX
Employees
299
Year Founded
1989

Price Target and Rating

Average Stock Price Forecast
$12.00
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+137.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-5,360,000.00
Pretax Margin
-4.90%

Debt

Sales & Book Value

Annual Sales
$129.65 million
Cash Flow
$0.05 per share
Book Value
$2.20 per share

Miscellaneous

Free Float
26,709,000
Market Cap
$183.01 million
Optionable
Not Optionable
Beta
2.26

Social Links


Key Executives

  • Mr. Paul H. PickleMr. Paul H. Pickle (Age 52)
    Pres, CEO & Director
    Comp: $782.99k
  • Mr. Jeremy R. WhitakerMr. Jeremy R. Whitaker (Age 52)
    Chief Financial Officer
    Comp: $413.12k
  • Mr. Roger HollidayMr. Roger Holliday (Age 63)
    VP of Worldwide Sales
    Comp: $365.75k
  • Mr. Robert C. Adams
    Head of Corp. Devel. & Investor Relations
  • Gail Kathryn Miller
    Corp. Marketing & Communications Mang.
  • Mr. Jacques Issa
    VP of Marketing
  • Mr. Gene Schaeffer (Age 58)
    Head of Americas Sales
  • Mr. David Goren (Age 63)
    VP of Bus. Affairs & Corp. Sec.
  • Ms. Amber Tinz
    Exec. Assistant
  • Mr. Jonathan Shipman
    VP of Strategy













LTRX Stock - Frequently Asked Questions

Should I buy or sell Lantronix stock right now?

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. 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?

3 Wall Street research analysts have issued 1-year target prices for Lantronix's shares. Their LTRX share price forecasts range from $10.00 to $13.00. On average, they predict the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 137.6% 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 2022?

Lantronix's stock was trading at $7.83 at the beginning of 2022. Since then, LTRX stock has decreased by 35.5% and is now trading at $5.05.
View the best growth stocks for 2022 here
.

Are investors shorting Lantronix?

Lantronix saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 328,000 shares, a decrease of 22.8% from the October 31st total of 424,700 shares. Based on an average trading volume of 192,800 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.2% of the company's stock are sold short.
View Lantronix's Short Interest
.

When is Lantronix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our LTRX earnings forecast
.

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) announced its earnings results on Thursday, November, 11th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.07. The technology company earned $27.71 million during the quarter. Lantronix had a negative trailing twelve-month return on equity of 6.08% and a negative net margin of 3.54%. During the same quarter last year, the company earned ($0.01) earnings per share.

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

Lantronix updated its FY 2023 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of $0.41-$0.46 for the period, compared to the consensus estimate of $0.41. The company issued revenue guidance of $155.00 million-$165.00 million, compared to the consensus revenue estimate of $155.16 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."

Who are Lantronix's major shareholders?

Lantronix's stock is owned by a variety of institutional and retail investors. Top institutional investors include Portolan Capital Management LLC (7.14%), Vanguard Group Inc. (3.24%), RK Capital Management LLC (2.77%), Lynrock Lake LP (1.81%), King Luther Capital Management Corp (1.46%) and Dimensional Fund Advisors LP (1.38%). Insiders that own company stock include Bernhard Bruscha, Fathi Hakam, Hoshi Printer, Jeremy Whitaker, Paul F Folino, Paul H Pickle 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.

What is Lantronix's stock price today?

One share of LTRX stock can currently be purchased for approximately $5.05.

How much money does Lantronix make?

Lantronix (NASDAQ:LTRX) has a market capitalization of $183.01 million and generates $129.65 million in revenue each year. The technology company earns $-5,360,000.00 in net income (profit) each year or ($0.15) on an earnings per share basis.

How many employees does Lantronix have?

The company employs 299 workers across the globe.

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 11/30/2022 by MarketBeat.com Staff