NASDAQ:LTRXLantronix Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Lantronix Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.31 +0.25 (+12.14 %) (As of 04/7/2020 03:56 PM ET) Add Compare Share Today's Range$2.20Now: $2.31▼$2.3150-Day Range$1.61MA: $2.52▼$3.6552-Week Range$1.58Now: $2.31▼$4.42Volume7,985 shsAverage Volume119,124 shsMarket Capitalization$64.08 millionP/E RatioN/ADividend YieldN/ABeta1.41 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Lantronix, Inc. provides secure data access and management solutions for Internet of Things (IoT) assets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT gateways, which provide secure connectivity and the ability to add integrated device management and advanced data access features; and IoT building blocks that offer basic secure machine connectivity and unmanaged data access. It also offers information technology (IT) management products, which comprise console management, power management, and keyboard video mouse products that offer remote access to IT and networking infrastructure deployed in test labs, data centers, and server rooms; and xPrintServer. The company provides its IT management product line and external IoT solutions through value added resellers, systems integrators, distributors, consumers, online retailers, IT resellers, corporate customers, and government entities, original design manufacturers, and original equipment manufacturers. Lantronix, Inc. was founded in 1989 and is headquartered in Irvine, California.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingLantronix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, Lantronix has a potential upside of 116.5% from its current price of $2.31.Amount of Analyst CoverageLantronix has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesLantronix has received 212 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLantronix has received 315 “underperform” votes. (Add your “underperform” vote.)Community SentimentLantronix has received 59.77% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Lantronix and other stocks. Vote “Outperform” if you believe LTRX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LTRX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldLantronix does not currently pay a dividend.Dividend GrowthLantronix does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lantronix insiders have sold 1,169.03% more of their company's stock than they have bought. Specifically, they have bought $20,600.00 in company stock and sold $261,420.00 in company stock.Percentage Held by Insiders40.00% of the stock of Lantronix is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 14.35% of the stock of Lantronix is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Lantronix are expected to grow by 500.00% in the coming year, from $0.04 to $0.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lantronix is -12.16, 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. SectorThe P/E ratio of Lantronix is -12.16, 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 RatioLantronix has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.68 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Computer & office equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:LTRX Previous Symbol CUSIPN/A CIK1114925 Webhttp://www.lantronix.com/ Phone949-453-3990Debt Debt-to-Equity Ratio0.13 Current Ratio2.65 Quick Ratio1.87Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio57.75 P/E GrowthN/A Sales & Book Value Annual Sales$46.89 million Price / Sales1.37 Cash Flow$0.12 per share Price / Cash Flow18.69 Book Value$1.66 per share Price / Book1.39Profitability EPS (Most Recent Fiscal Year)$0.07 Net Income$-410,000.00 Net Margins-9.13% Return on Equity1.18% Return on Assets0.84%Miscellaneous Employees147 Outstanding Shares27,740,000Market Cap$64.08 million Next Earnings Date4/23/2020 (Estimated) OptionableNot Optionable Receive LTRX News and Ratings via Email Sign-up to receive the latest news and ratings for LTRX and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:LTRX Rates by TradingView Lantronix (NASDAQ:LTRX) Frequently Asked Questions How has Lantronix's stock been impacted by COVID-19 (Coronavirus)? Lantronix's stock was trading at $2.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LTRX shares have increased by 0.4% and is now trading at $2.31. View which stocks have been mosted impacted by Coronavirus. 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 Thursday, April 23rd 2020. View our earnings forecast for Lantronix. How were Lantronix's earnings last quarter? Lantronix Inc (NASDAQ:LTRX) issued its quarterly earnings data on Wednesday, February, 12th. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.01. The technology company earned $13.23 million during the quarter. Lantronix had a negative net margin of 9.13% and a positive return on equity of 1.18%. View Lantronix's earnings history. What guidance has Lantronix issued on next quarter's earnings? Lantronix issued an update on its third quarter 2020 After-Hours earnings guidance on Wednesday, March, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $15-17 million, compared to the consensus revenue estimate of $18.63 million. What price target have analysts set for LTRX? 3 equities research analysts have issued 1-year price targets for Lantronix's stock. Their forecasts range from $4.00 to $6.00. On average, they anticipate Lantronix's stock price to reach $5.00 in the next year. This suggests a possible upside of 116.5% from the stock's current price. View analysts' price targets for Lantronix. Has Lantronix been receiving favorable news coverage? Media coverage about LTRX stock has been trending very negative on Tuesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lantronix earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutLantronix. Are investors shorting Lantronix? Lantronix saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 31,400 shares, a decrease of 68.8% from the February 27th total of 100,600 shares. Based on an average trading volume of 109,900 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold. View Lantronix's Current Options Chain. Who are some of Lantronix's key competitors? Some companies that are related to Lantronix include Cisco Systems (CSCO), IBM (IBM), HP (HPQ), Toshiba (TOSYY), Arista Networks (ANET), Hewlett Packard Enterprise (HPE), NEC (NIPNF), Juniper Networks (JNPR), F5 Networks (FFIV), A10 Networks (ATEN), Extreme Networks (EXTR), Allot Communications (ALLT), Digi International (DGII), Silicom (SILC) and Intrusion (INTZ). What other stocks do shareholders of Lantronix own? Based on aggregate information from My MarketBeat watchlists, some companies that other Lantronix investors own include Rite Aid (RAD), Century Aluminum (CENX), Mr. Cooper Group (COOP), Tonix Pharmaceuticals (TNXP), American Airlines Group (AAL), Cleveland-Cliffs (CLF), Cerus (CERS), Advanced Micro Devices (AMD), Resonant (RESN) and Apache (APA). Who are Lantronix's key executives? Lantronix's management team includes the following people: Mr. Jeremy R. Whitaker, Chief Financial Officer (Age 49)Mr. Kevin M. Yoder, VP of Worldwide Sales (Age 55)Mr. Paul H. Pickle, Pres, CEO & Director (Age 49)Mr. Michael Andrew Fink, VP of Operations (Age 48)Mr. Kurt E. Scheuerman, VP, Gen. Counsel & Corp. Sec. (Age 51) 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 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 $2.31. How big of a company is Lantronix? Lantronix has a market capitalization of $64.08 million and generates $46.89 million in revenue each year. The technology company earns $-410,000.00 in net income (profit) each year or $0.07 on an earnings per share basis. Lantronix employs 147 workers across the globe. View additional information about Lantronix. What is Lantronix's official website? The official website for Lantronix is http://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 4/7/2020 by MarketBeat.com StaffFeatured Article: What is a short straddle?
