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S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
Gold is about to SOAR – here’s what you need to do (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
Gold is about to SOAR – here’s what you need to do (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
What’s the Obsession Over Inflation? (Ad)pixel
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
Gold is about to SOAR – here’s what you need to do (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
Gold is about to SOAR – here’s what you need to do (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
What’s the Obsession Over Inflation? (Ad)pixel
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
Gold is about to SOAR – here’s what you need to do (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
Gold is about to SOAR – here’s what you need to do (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
What’s the Obsession Over Inflation? (Ad)pixel
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
NASDAQ:LTRX

Lantronix - LTRX Stock Forecast, Price & News

$4.79
+0.20 (+4.36%)
(As of 09/27/2022 12:00 AM ET)
Add
Compare
Today's Range
$4.60
$4.84
50-Day Range
$4.59
$7.82
52-Week Range
$4.58
$10.25
Volume
163,633 shs
Average Volume
187,953 shs
Market Capitalization
$168.31 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.20

Lantronix MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
154.7% Upside
$12.20 Price Target
Short Interest
Healthy
1.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.19mentions of Lantronix in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$891,685 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

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

2.26 out of 5 stars

Computer And Technology Sector

442nd out of 636 stocks

Computer & Office Equipment Industry

11th out of 13 stocks

LTRX stock logo

About Lantronix (NASDAQ:LTRX) Stock

Lantronix, Inc. provides solutions for video surveillance, traffic management, infotainment systems, robotics, edge computing, and remote environment management 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 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, single board computers, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development. 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. Lantronix, Inc. was incorporated in 1989 and is headquartered in Irvine, California.

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LTRX Stock News Headlines

Lantronix (NASDAQ:LTRX) Issues FY 2023 Earnings Guidance
Lantronix, Inc. (NASDAQ:LTRX) CFO Sells $12,791.64 in Stock
Lantronix, Inc. (NASDAQ:LTRX) VP Sells $11,963.38 in Stock
Lantronix, Inc. (NASDAQ:LTRX) CEO Sells $85,279.32 in Stock
Lantronix, Inc. (NASDAQ:LTRX) VP Roger Holliday Sells 2,314 Shares
Lantronix Announces Acquisition of Uplogix - GlobeNewswire
See More Headlines
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LTRX Company Calendar

Last Earnings
8/25/2022
Today
9/27/2022
Next Earnings (Estimated)
11/09/2022
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
$12.20
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+154.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-5,360,000.00
Pretax Margin
-5.55%

Debt

Sales & Book Value

Annual Sales
$129.65 million
Cash Flow
$0.06 per share
Book Value
$2.30 per share

Miscellaneous

Free Float
26,072,000
Market Cap
$168.31 million
Optionable
Not Optionable
Beta
2.30

Social Links


Key Executives

  • Mr. Paul H. PickleMr. Paul H. Pickle (Age 52)
    Pres, CEO & Director
    Comp: $738.91k
  • Mr. Jeremy R. WhitakerMr. Jeremy R. Whitaker (Age 52)
    Chief Financial Officer
    Comp: $418.68k
  • Mr. Roger HollidayMr. Roger Holliday (Age 63)
    VP of Worldwide Sales
    Comp: $393.75k
  • 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 (Age 58)
    Head of Americas Sales
  • Mr. David Goren (Age 63)
    VP of Bus. Affairs & Corp. Sec.
  • Ms. Amber Tinz
    Exec. Assistant
  • Mr. Jonathan Shipman
    VP of Strategy













LTRX Stock - Frequently Asked Questions

Should I buy or sell Lantronix stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street 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 2022?

5 analysts have issued 12 month price targets for Lantronix's shares. Their LTRX share price forecasts range from $11.00 to $13.00. On average, they expect the company's share price to reach $12.20 in the next year. This suggests a possible upside of 154.7% 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 2022?

Lantronix's stock was trading at $7.83 at the beginning of the year. Since then, LTRX stock has decreased by 38.8% and is now trading at $4.79.
View the best growth stocks for 2022 here
.

When is Lantronix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our LTRX earnings forecast
.

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) announced its quarterly earnings results on Thursday, August, 25th. The technology company reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. Lantronix had a negative net margin of 4.14% and a negative trailing twelve-month return on equity of 7.74%. During the same period last year, the business earned ($0.04) earnings per share.

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

Lantronix issued an update on its FY 2023 earnings guidance on Thursday, September, 22nd. The company provided EPS guidance of $0.39-$0.44 for the period, compared to the consensus estimate of $0.50. The company issued revenue guidance of $149.00 million-$162.00 million, compared to the consensus revenue estimate of $151.37 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 variety of institutional and retail investors. Top institutional investors include AWM Investment Company Inc. (2.17%), King Luther Capital Management Corp (1.48%), Renaissance Technologies LLC (1.40%), Essex Investment Management Co. LLC (0.97%), Russell Investments Group Ltd. (0.65%) and Calamos Advisors LLC (0.51%). 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 $4.79.

How much money does Lantronix make?

Lantronix (NASDAQ:LTRX) has a market capitalization of $168.31 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 ($0.18) on an earnings per share basis.

How many employees does Lantronix have?

The company employs 299 workers across the globe.

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 9/28/2022 by MarketBeat.com Staff

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