NASDAQ:LTRX - Lantronix Stock Price, Forecast & News

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

Lantronix Inc (NASDAQ:LTRX) announced its earnings results on Wednesday, November, 13th. The technology company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.01) by $0.02. The technology company had revenue of $12.74 million for the quarter. Lantronix had a positive return on equity of 2.58% and a negative net margin of 5.90%. View Lantronix's Earnings History.

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

Lantronix issued an update on its FY 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS guidance of $0.22-0.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.19. The company issued revenue guidance of $$58.613-58.613 million, compared to the consensus revenue estimate of $$54 million.

1 Wall Street analysts have issued 1 year price targets for Lantronix's stock. Their forecasts range from $4.25 to $4.25. On average, they expect Lantronix's stock price to reach $4.25 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Lantronix.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lantronix.

Media headlines about LTRX stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lantronix earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Lantronix.

Lantronix saw a increase in short interest in December. As of December 31st, there was short interest totalling 265,000 shares, an increase of 42.3% from the December 15th total of 186,200 shares. Based on an average trading volume of 62,900 shares, the short-interest ratio is presently 4.2 days. Approximately 2.4% of the company's shares are short sold. View Lantronix's Current Options Chain.

Some companies that are related to Lantronix include Allot Communications (ALLT), Silicom (SILC), Intrusion (INTZ), BOS Better OnLine Sol (BOSC), BIO-key International (BKYI) and NEC (NIPNF).

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), American Airlines Group (AAL), Tonix Pharmaceuticals (TNXP), Cleveland-Cliffs (CLF), Advanced Micro Devices (AMD), Cerus (CERS), Apache (APA) and Enterprise Products Partners (EPD).

Lantronix's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include 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 acquired by a variety of institutional investors in the last quarter, including Wedbush Securities Inc.. 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 $3.84.

Lantronix has a market capitalization of $88.55 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]