S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
NASDAQ:LTRX

Lantronix - LTRX Stock Forecast, Price & News

$4.70
+0.04 (+0.86%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$4.67
$4.80
50-Day Range
$3.95
$5.30
52-Week Range
$3.79
$8.25
Volume
207,054 shs
Average Volume
155,218 shs
Market Capitalization
$170.33 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
155.3% Upside
$12.00 Price Target
Short Interest
Healthy
1.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.29mentions of Lantronix in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$420,690 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.18) to $0.21 Per Share

Overall MarketRank

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

2.18 out of 5 stars

Computer And Technology Sector

139th out of 635 stocks

Computer & Office Equipment Industry

6th out of 12 stocks


LTRX stock logo

About Lantronix (NASDAQ:LTRX) Stock

Lantronix, Inc. engages in the provision of software as a service (SaaS), engineering services, and hardware for Edge Computing, the Internet of Things (IoT), and Remote Environment Management (REM). Its products and solutions include IoT, REM and Other. The company was founded by Bernhard Bruscha in June 1989 and is headquartered in Irvine, CA.

Receive LTRX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lantronix and its competitors with MarketBeat's FREE daily newsletter.

LTRX Stock News Headlines

Lantronix Names Eric Bass as VP of Engineering
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Lantronix (NASDAQ:LTRX) Lifted to "Hold" at StockNews.com
Lantronix Named Winner of 2023 IoT Breakthrough Awards
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
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)
See More Headlines
Receive LTRX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lantronix and its competitors with MarketBeat's FREE daily newsletter.

LTRX Company Calendar

Last Earnings
11/09/2022
Today
1/29/2023
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
+155.3%
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
$2.30 per share

Miscellaneous

Free Float
26,709,000
Market Cap
$170.33 million
Optionable
Not Optionable
Beta
2.24

Social Links


Key Executives

  • Paul H. PicklePaul H. Pickle
    President, Chief Executive Officer & Director
  • Jeremy R. WhitakerJeremy R. Whitaker
    Chief Financial Officer
  • M. Fathi HakamM. Fathi Hakam
    Vice President-Engineering
  • Jonathan Shipman
    Executive Strategist
  • Anita Kumar
    Vice President-Business Operations













LTRX Stock - Frequently Asked Questions

Should I buy or sell Lantronix stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research 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 brokerages have issued 12-month target prices for Lantronix's stock. 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 year. This suggests a possible upside of 155.3% 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 on January 1st, 2023. Since then, LTRX shares have increased by 8.8% and is now trading at $4.70.
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 9th 2023.
View our LTRX earnings forecast
.

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) posted its quarterly earnings data on Wednesday, November, 9th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $0.01. The technology company had revenue of $31.80 million for the quarter, compared to the consensus estimate of $32.50 million. Lantronix had a negative trailing twelve-month return on equity of 6.08% and a negative net margin of 3.54%.

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

Lantronix updated its FY 2023 earnings guidance on Saturday, January, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $135.00 million-$145.00 million, compared to the consensus revenue estimate of $159.34 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."

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 $4.70.

How much money does Lantronix make?

Lantronix (NASDAQ:LTRX) has a market capitalization of $170.33 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.

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
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 1/29/2023 by MarketBeat.com Staff