S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:LTRX

Lantronix (LTRX) Stock Forecast, Price & News

$5.86
+0.07 (+1.21%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$5.38
$5.87
50-Day Range
$5.01
$7.18
52-Week Range
$4.55
$10.25
Volume
260,523 shs
Average Volume
225,501 shs
Market Capitalization
$203.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
2.29
30 days | 90 days | 365 days | Advanced Chart
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Lantronix logo

About Lantronix

Lantronix, Inc. provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT Connectivity, 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; IoT Compute, 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 IoT Telematics, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management. It also offers network switches, media converters, power over ethernet, NICS and optical SFPs, system on modules, single board computers, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development, as well as xPrintServer. In addition, the company's REM products include out-of-band management, 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. Further, its SaaS platform enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. Lantronix, Inc. was founded in 1989 and is headquartered in Irvine, California.

Headlines

Lantronix Q3 2022 Earnings Preview
See More Headlines

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:LTRX
Employees
299
Year Founded
1989

Sales & Book Value

Annual Sales
$71.48 million
Book Value
$2.16 per share

Profitability

Net Income
$-4.04 million
Pretax Margin
-7.60%

Debt

Price-To-Earnings

Miscellaneous

Free Float
25,820,000
Market Cap
$203.93 million
Optionable
Not Optionable

Company Calendar

Last Earnings
5/04/2022
Today
5/21/2022
Fiscal Year End
6/30/2022
Next Earnings (Estimated)
8/25/2022

Social Links


MarketRank

Overall MarketRank

2.26 out of 5 stars

Computer And Technology Sector

322nd out of 919 stocks

Computer & Office Equipment Industry

11th out of 17 stocks

Analyst Opinion: 3.5Community Rank: 3.9Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -













Lantronix (NASDAQ:LTRX) Frequently Asked Questions

Is Lantronix a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Lantronix stock.
View analyst ratings for Lantronix
or view top-rated stocks.

When is Lantronix's next earnings date?

Lantronix is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Lantronix
.

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) announced its quarterly earnings results on Wednesday, May, 4th. The technology company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of ($0.03) by $0.11. Lantronix had a negative net margin of 7.84% and a negative trailing twelve-month return on equity of 14.74%. During the same period last year, the firm posted ($0.04) earnings per share.
View Lantronix's earnings history
.

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

Lantronix updated its FY 2022 earnings guidance on Monday, May, 16th. The company provided EPS guidance of $0.31-$0.37 for the period, compared to the consensus earnings per share estimate of $0.34. The company issued revenue guidance of $125.00 million-$129.00 million, compared to the consensus revenue estimate of $122.39 million.

What price target have analysts set for LTRX?

6 brokers have issued 1-year price objectives for Lantronix's shares. Their forecasts range from $10.00 to $13.00. On average, they anticipate Lantronix's stock price to reach $11.83 in the next year. This suggests a possible upside of 101.9% from the stock's current price.
View analysts' price targets for Lantronix
or view top-rated stocks among Wall Street analysts.

Who are Lantronix's key executives?
Lantronix's management team includes the following people:
  • Mr. Paul H. Pickle, Pres, CEO & Director (Age 52, Pay $738.91k) (LinkedIn Profile)
  • Mr. Jeremy R. Whitaker, Chief Financial Officer (Age 52, Pay $418.68k) (LinkedIn Profile)
  • Mr. Roger Holliday, VP of Worldwide Sales (Age 63, Pay $393.75k) (LinkedIn Profile)
  • Mr. Robert C. Adams, Head of Corp. Devel. & Investor Relations
  • Gail Kathryn Miller, Corp. Marketing & Communications Mang.
  • Mr. Jacques Issa, VP of Marketing
  • Mr. Gene Schaeffer, Head of Americas Sales (Age 58)
  • Mr. David Goren, VP of Bus. Affairs & Corp. Sec. (Age 63)
  • Ms. Amber Tinz, Exec. Assistant
  • Mr. Jonathan Shipman, VP of Strategy
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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.15%), Jacob Asset Management of New York LLC (3.07%), RK Capital Management LLC (2.96%), Russell Investments Group Ltd. (1.79%), Renaissance Technologies LLC (1.46%) and King Luther Capital Management Corp (1.43%). Company insiders that own Lantronix stock include Bernhard Bruscha, Fathi Hakam, Hoshi Printer, Jeremy Whitaker, Paul F Folino, Paul H Pickle and Roger Holliday.
View institutional ownership trends for Lantronix
.

Which major investors are selling Lantronix stock?

LTRX stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, EAM Investors LLC, Acadian Asset Management LLC, King Luther Capital Management Corp, ClariVest Asset Management LLC, Potomac Capital Management Inc., and Campbell & CO Investment Adviser LLC. Company insiders that have sold Lantronix company stock in the last year include Bernhard Bruscha, Fathi Hakam, Hoshi Printer, Jeremy Whitaker, Paul F Folino, Paul H Pickle, and Roger Holliday.
View insider buying and selling activity for Lantronix
or view top insider-selling stocks.

Which major investors are buying Lantronix stock?

LTRX stock was purchased by a variety of institutional investors in the last quarter, including RK Capital Management LLC, Jacob Asset Management of New York LLC, Friess Associates LLC, Essex Investment Management Co. LLC, Millrace Asset Group Inc., Russell Investments Group Ltd., Calamos Advisors LLC, and Vanguard Group Inc..
View insider buying and selling activity for Lantronix
or or view top insider-buying stocks.

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 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 $5.86.

How much money does Lantronix make?

Lantronix has a market capitalization of $203.93 million and generates $71.48 million in revenue each year. The technology company earns $-4.04 million in net income (profit) each year or ($0.29) on an earnings per share basis.

How many employees does Lantronix have?

Lantronix employs 299 workers across the globe.

When was Lantronix founded?

Lantronix was founded in 1989.

What is Lantronix's official website?

The official website for Lantronix is 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, via email at [email protected], or via fax at 949-453-3995.

This page was last updated on 5/21/2022 by MarketBeat.com Staff

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