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Lantronix (LTRX) Stock Price, News & Analysis

Lantronix logo
$3.05 +0.05 (+1.67%)
(As of 12/2/2024 05:52 PM ET)

About Lantronix Stock (NASDAQ:LTRX)

Key Stats

Today's Range
$2.92
$3.06
50-Day Range
$2.54
$4.27
52-Week Range
$2.48
$6.95
Volume
243,158 shs
Average Volume
618,980 shs
Market Capitalization
$117.33 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.50
Consensus Rating
Buy

Company Overview

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.

Lantronix Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
56th Percentile Overall Score

LTRX MarketRank™: 

Lantronix scored higher than 56% of companies evaluated by MarketBeat, and ranked 388th out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Lantronix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Lantronix has only been the subject of 2 research reports in the past 90 days.

  • Read more about Lantronix's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Lantronix is -21.78, 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 -21.78, 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 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Lantronix's valuation and earnings.
  • Percentage of Shares Shorted

    0.37% 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 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lantronix has recently increased by 1.14%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Lantronix does not currently pay a dividend.

  • Dividend Growth

    Lantronix does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.37% 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 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lantronix has recently increased by 1.14%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Lantronix has a news sentiment score of 1.61. 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 0.78 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Lantronix this week, compared to 5 articles on an average week.
  • Search Interest

    2 people have searched for LTRX on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added Lantronix to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Lantronix insiders have sold 38.99% more of their company's stock than they have bought. Specifically, they have bought $256,300.00 in company stock and sold $356,232.00 in company stock.

  • Percentage Held by Insiders

    Only 1.60% of the stock of Lantronix is held by insiders.

  • Percentage Held by Institutions

    Only 39.38% of the stock of Lantronix is held by institutions.

  • Read more about Lantronix's insider trading history.
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LTRX Stock News Headlines

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Lantronix price target lowered to $5 from $7.50 at Canaccord
See More Headlines

LTRX Stock Analysis - Frequently Asked Questions

Lantronix's stock was trading at $5.86 at the beginning of the year. Since then, LTRX stock has decreased by 48.0% and is now trading at $3.05.
View the best growth stocks for 2024 here
.

Lantronix, Inc. (NASDAQ:LTRX) posted its quarterly earnings results on Thursday, September, 5th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.02. The technology company had revenue of $49.08 million for the quarter, compared to analyst estimates of $49.10 million. Lantronix had a negative net margin of 3.17% and a negative trailing twelve-month return on equity of 2.91%.

Lantronix subsidiaries include these companies: Net2Edge Limited, Transition Networks, Intrinsyc Technologies, Maestro Wireless Solutions Limited, Stallion Technologies, Premise Systems, ProNET GmbH, and more.

Lantronix's top institutional shareholders include Geode Capital Management LLC (0.88%), Walleye Capital LLC (0.19%), Barclays PLC (0.16%) and Barclays PLC (0.16%). Insiders that own company stock include Bernhard Bruscha, Paul H Pickle, Jeremy Whitaker, Hoshi Printer, Roger Holliday, Jason Cohenour, Philip G Brace, Paul F Folino and Fathi Hakam.
View institutional ownership trends
.

Shares of LTRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Lantronix investors own include Rite Aid (RAD), Taiwan Semiconductor Manufacturing (TSM), Alibaba Group (BABA), Clean Energy Fuels (CLNE), NIO (NIO), Plug Power (PLUG) and Vale (VALE).

Company Calendar

Last Earnings
9/05/2024
Today
12/03/2024
Next Earnings (Estimated)
2/13/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:LTRX
Employees
350
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$6.50
High Stock Price Target
$9.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+113.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-4,520,000.00
Pretax Margin
-2.57%

Debt

Sales & Book Value

Annual Sales
$160.33 million
Cash Flow
$0.42 per share
Book Value
$2.05 per share

Miscellaneous

Free Float
37,859,000
Market Cap
$117.33 million
Optionable
Optionable
Beta
2.14

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This page (NASDAQ:LTRX) was last updated on 12/3/2024 by MarketBeat.com Staff
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