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QQQ   309.88 (+2.07%)
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MSFT   267.56 (+4.20%)
META   191.62 (+2.99%)
GOOGL   107.64 (+4.61%)
AMZN   102.11 (-0.07%)
TSLA   196.81 (+1.05%)
NVDA   221.73 (+5.14%)
NIO   10.92 (-0.09%)
BABA   105.50 (+0.05%)
AMD   85.91 (+2.66%)
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MU   62.13 (+3.58%)
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GE   82.11 (-0.29%)
DIS   111.63 (+1.60%)
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QQQ   309.88 (+2.07%)
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MSFT   267.56 (+4.20%)
META   191.62 (+2.99%)
GOOGL   107.64 (+4.61%)
AMZN   102.11 (-0.07%)
TSLA   196.81 (+1.05%)
NVDA   221.73 (+5.14%)
NIO   10.92 (-0.09%)
BABA   105.50 (+0.05%)
AMD   85.91 (+2.66%)
T   19.25 (-1.69%)
F   13.45 (+2.36%)
MU   62.13 (+3.58%)
CGC   2.82 (-4.41%)
GE   82.11 (-0.29%)
DIS   111.63 (+1.60%)
AMC   6.18 (-9.12%)
PFE   43.59 (-0.39%)
PYPL   83.23 (+1.09%)
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NASDAQ:LTRX

Lantronix - LTRX Stock Forecast, Price & News

$5.16
+0.10 (+1.98%)
(As of 02/7/2023 05:12 PM ET)
Add
Compare
Today's Range
$4.93
$5.16
50-Day Range
$3.95
$5.28
52-Week Range
$3.79
$8.25
Volume
240,687 shs
Average Volume
203,763 shs
Market Capitalization
$187.00 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
132.6% Upside
$12.00 Price Target
Short Interest
Healthy
1.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.36mentions of Lantronix in the last 14 days
Based on 4 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.

2.19 out of 5 stars

Computer And Technology Sector

260th out of 610 stocks

Computer & Office Equipment Industry

10th out of 13 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.

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LTRX Stock News Headlines

Apple, Amazon, and Walmart are Investing in Solar Energy
The global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.
Lantronix (NASDAQ:LTRX) Rating Lowered to Sell at StockNews.com
Lantronix Names Eric Bass as VP of Engineering
Lantronix Named Winner of 2023 IoT Breakthrough Awards
Apple, Amazon, and Walmart are Investing in Solar Energy
The global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.
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
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LTRX Company Calendar

Last Earnings
11/09/2022
Today
2/07/2023
Next Earnings (Confirmed)
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
+132.6%
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
$2.30 per share

Miscellaneous

Free Float
26,709,000
Market Cap
$187.00 million
Optionable
Not Optionable
Beta
2.26

Social Links


Key Executives

  • Paul H. PicklePaul H. Pickle
    President, Chief Executive Officer & Director
  • Jeremy R. WhitakerJeremy R. Whitaker
    Chief Financial Officer
  • Jonathan Shipman
    Executive Strategist
  • Anita Kumar
    Vice President-Business Operations
  • Roger HollidayRoger Holliday
    Vice President-Worldwide Sales













LTRX Stock - Frequently Asked Questions

Should I buy or sell Lantronix stock right now?

3 Wall Street 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 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 equities research analysts have issued twelve-month price targets for Lantronix's shares. Their LTRX share price forecasts range from $10.00 to $13.00. On average, they expect the company's stock price to reach $12.00 in the next year. This suggests a possible upside of 136.7% 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 17.4% and is now trading at $5.07.
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 can I listen to Lantronix's earnings call?

Lantronix will be holding an earnings conference call on Thursday, February 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "3746642".

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) posted its quarterly earnings results on Wednesday, November, 9th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.01. The technology company earned $31.80 million during 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."

Who are Lantronix's major shareholders?

Lantronix's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Essex Investment Management Co. LLC (0.95%), Legato Capital Management LLC (0.36%) and Concourse Financial Group Securities Inc. (0.00%). 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 $5.07.

How much money does Lantronix make?

Lantronix (NASDAQ:LTRX) has a market capitalization of $183.74 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 2/7/2023 by MarketBeat.com Staff