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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
New CBOE “special perk” helps traders target income every weekend (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
New CBOE “special perk” helps traders target income every weekend (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
New CBOE “special perk” helps traders target income every weekend (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 

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


LTRX stock logo

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

LTRX Stock News Headlines

Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Lantronix: A Great Bet In The Long Term
Lantronix Appoints Saleel Awsare to Its Board of Directors
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Lantronix's Earnings Outlook
Lantronix Q1 2024 Earnings Preview
Lantronix Chairman Paul Folino Passed Away
Lantronix Independent Director Acquires 494% More Stock
One Lantronix Insider Raised Stake By 494% In Previous Year
Lantronix, Inc. (LTRX) Q4 2023 Earnings Call Transcript
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

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 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

Net Income
$-8,980,000.00
Pretax Margin
-6.44%

Debt

Sales & Book Value

Annual Sales
$132.43 million
Book Value
$2.12 per share

Miscellaneous

Free Float
30,818,000
Market Cap
$220.24 million
Optionable
Not Optionable
Beta
2.04

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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?
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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