NASDAQ:LTRX - Lantronix Stock Price, Forecast & News

Lantronix trades on the NASDAQ under the ticker symbol "LTRX."

Lantronix Inc (NASDAQ:LTRX) posted 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 positive return on equity of 1.18% and a negative net margin of 9.13%. View Lantronix's Earnings History.

Lantronix is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Lantronix.

Lantronix issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, February, 12th. The company provided EPS guidance of 0.16-0.18 for the period. The company issued revenue guidance of $60.957-63.302 million, compared to the consensus revenue estimate of $53.95 million.

2 brokers have issued 1 year price targets for Lantronix's shares. Their forecasts range from $4.25 to $6.00. On average, they anticipate Lantronix's share price to reach $5.13 in the next year. This suggests a possible upside of 41.2% from the stock's current price. View Analyst Price Targets for Lantronix.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lantronix.

News stories about LTRX stock have trended somewhat negative on Thursday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Lantronix earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Lantronix.

Lantronix saw a increase in short interest in January. As of January 31st, there was short interest totalling 387,100 shares, an increase of 46.1% from the January 15th total of 265,000 shares. Based on an average daily volume of 72,300 shares, the days-to-cover ratio is currently 5.4 days. Approximately 2.9% of the company's stock are sold short. View Lantronix's Current Options Chain.

Some companies that are related to Lantronix include Cisco Systems (CSCO), IBM (IBM), HP (HPQ), Toshiba (TOSYY), Hewlett Packard Enterprise (HPE), Arista Networks (ANET), Juniper Networks (JNPR), NEC (NIPNF), F5 Networks (FFIV), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Allot Communications (ALLT), Silicom (SILC) and Intrusion (INTZ).

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).

Lantronix's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (2.48%), Essex Investment Management Co. LLC (2.24%), Cadence Capital Management LLC (1.70%), Acadian Asset Management LLC (1.03%) and Wedbush Securities Inc. (0.21%). Company insiders that own Lantronix stock include Daryl R Miller, Hoshi Printer, Jeff Benck, Kevin Yoder and Paul F Folino. View Institutional Ownership Trends for Lantronix.

LTRX stock was sold by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC and Acadian Asset Management LLC. Company insiders that have sold Lantronix company stock in the last year include Hoshi Printer and Paul F Folino. View Insider Buying and Selling for Lantronix.

LTRX stock was bought by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC, Wedbush Securities Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for 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.

One share of LTRX stock can currently be purchased for approximately $3.63.

Lantronix has a market capitalization of $100.69 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.

The official website for Lantronix is http://www.lantronix.com/.

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]