NASDAQ:LTRX - Lantronix Stock Price, Forecast & News

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

Lantronix Inc (NASDAQ:LTRX) posted its earnings results on Wednesday, February, 12th. The technology company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.01. The technology company had revenue of $13.23 million for the quarter. Lantronix had a negative net margin of 9.13% and a positive return on equity of 1.18%. 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 updated 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 analysts have issued 12 month price targets for Lantronix's shares. Their forecasts range from $4.25 to $6.00. On average, they expect Lantronix's stock price to reach $5.13 in the next twelve months. This suggests a possible upside of 54.4% 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.

Press coverage about LTRX stock has trended somewhat positive on Monday, according to InfoTrie. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 1.2 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 stock's share price in the next few days. View News Stories for Lantronix.

Lantronix saw a increase in short interest during the month of 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 trading volume, of 72,300 shares, the days-to-cover ratio is presently 5.4 days. Currently, 2.9% of the shares of the stock are sold short. View Lantronix's Current Options Chain.

Some companies that are related to Lantronix include Silicom (SILC), Intrusion (INTZ), BIO-key International (BKYI), BOS Better OnLine Sol (BOSC) 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), 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 many different 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%), Lynrock Lake LP (0.93%), 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 acquired by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC, Lynrock Lake LP, 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 $3.32.

Lantronix has a market capitalization of $92.10 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]