NASDAQ:LTRX Lantronix - LTRX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Lantronix, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $4.28 -0.12 (-2.73%) (As of 03/23/2023 04:00 PM ET) Add Compare Share Share Today's Range$4.28▼$4.5150-Day Range$3.92▼$5.6452-Week Range$3.79▼$7.94Volume199,075 shsAverage Volume179,900 shsMarket Capitalization$156.31 millionP/E RatioN/ADividend YieldN/APrice Target$10.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Lantronix MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside133.6% Upside$10.00 Price TargetShort InterestHealthy1.00% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.18) to $0.19 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.13 out of 5 starsComputer And Technology Sector349th out of 602 stocksComputer & Office Equipment Industry12th out of 13 stocks 3.5 Analyst's Opinion Consensus RatingLantronix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, Lantronix has a forecasted upside of 133.6% from its current price of $4.28.Amount of Analyst CoverageLantronix has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.00% of the outstanding shares of Lantronix have been sold short.Short Interest Ratio / Days to CoverLantronix has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Lantronix has recently decreased by 4.08%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldLantronix does not currently pay a dividend.Dividend GrowthLantronix does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LTRX. Previous Next 1.8 News and Social Media Coverage News SentimentLantronix has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Computer and Technology companies.Search InterestOnly 1 people have searched for LTRX on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows2 people have added Lantronix to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lantronix insiders have not sold or bought any company stock.Percentage Held by Insiders26.30% of the stock of Lantronix is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 36.60% of the stock of Lantronix is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Lantronix are expected to grow in the coming year, from ($0.18) to $0.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lantronix is -30.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Lantronix is -30.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioLantronix has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Lantronix (NASDAQ:LTRX) StockLantronix, Inc. engages in the provision of software as a service (SaaS), engineering services, and hardware for Edge Computing, the Internet of Things (IoT), and Remote Environment Management (REM). Its products and solutions include IoT, REM and Other. The company was founded by Bernhard Bruscha in June 1989 and is headquartered in Irvine, CA.Read More Receive LTRX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lantronix and its competitors with MarketBeat's FREE daily newsletter. Email Address LTRX Stock News HeadlinesMarch 14, 2023 | finance.yahoo.comLantronix Introduces New Open-Q Family of SIP Modules That Deliver High-Performance for Mass Market Robotics and IoT ProjectsMarch 5, 2023 | finance.yahoo.comLantronix (NASDAQ:LTRX) shareholders have earned a 17% CAGR over the last five yearsMarch 23, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. February 9, 2023 | finance.yahoo.comLantronix Reports Results for Second Quarter of Fiscal 2023February 9, 2023 | finance.yahoo.comLantronix, Inc. (LTRX) Beats Q2 Earnings EstimatesFebruary 2, 2023 | finance.yahoo.comAnalysts Estimate Lantronix, Inc. (LTRX) to Report a Decline in Earnings: What to Look Out forFebruary 2, 2023 | finance.yahoo.comLantronix to Report Fiscal 2023 Second Quarter Results on Feb. 9, 2023February 1, 2023 | finance.yahoo.comLantronix Expands Open-Q Family With New SIP Modules That Deliver Powerful Performance, Vivid Graphics, Dynamic Camera Capabilities and Broad Connectivity OptionsMarch 23, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. January 26, 2023 | finance.yahoo.comLantronix Names Eric Bass as VP of EngineeringJanuary 25, 2023 | finance.yahoo.comLantronix Announces Record $40 Million Contract With GridspertiseJanuary 12, 2023 | finance.yahoo.comLantronix Named Winner of 2023 IoT Breakthrough AwardsJanuary 5, 2023 | finance.yahoo.comLantronix to Present at 25th Annual Needham Growth Conference on Jan. 11, 2023January 5, 2023 | finance.yahoo.comInstitutions own 36% of Lantronix, Inc. (NASDAQ:LTRX) shares but individual investors control 38% of the companyDecember 9, 2022 | finance.yahoo.comLantronix, Inc. (NASDAQ:LTRX) About To Shift From Loss To ProfitNovember 27, 2022 | reuters.comLTRX.OQ - Lantronix Inc | Stock Price & Latest News | ReutersNovember 18, 2022 | finance.yahoo.comLantronix PoE++ Switch Helps Power Hotel Marcel Net-Zero Energy HotelNovember 12, 2022 | finance.yahoo.comLantronix First Quarter 2023 Earnings: Misses ExpectationsNovember 9, 2022 | finance.yahoo.comLantronix, Inc. (LTRX) Beats Q1 Earnings EstimatesNovember 9, 2022 | finance.yahoo.comLantronix Reports Results for First Quarter Fiscal 2023November 3, 2022 | finance.yahoo.comMost Shareholders Will Probably Find That The CEO Compensation For Lantronix, Inc. (NASDAQ:LTRX) Is ReasonableNovember 2, 2022 | finance.yahoo.comLantronix to Report Fiscal 2023 First Quarter Results on November 9, 2022October 27, 2022 | finance.yahoo.comLantronix Launches New Global Navigation Satellite System Receiver Modules, Extending Embedded IoT Solutions OfferingsOctober 25, 2022 | finance.yahoo.comLantronix Expands Network Switch Offering With New Managed Layer 2 Hardened Gigabit Ethernet PoE++ Switch With Cloud-Based ManagementOctober 14, 2022 | finance.yahoo.comLantronix, Inc. (LTRX)October 11, 2022 | nasdaq.comInstitutions own 35% of Lantronix, Inc. (NASDAQ:LTRX) shares but individual investors control 40% of the company - NasdaqOctober 8, 2022 | investing.comLantronix Earnings, Revenue Miss in Q2 By Investing.com - Investing.comSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LTRX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lantronix and its competitors with MarketBeat's FREE daily newsletter. Email Address LTRX Company Calendar Last Earnings11/11/2021Today3/23/2023Next Earnings (Estimated)5/03/2023Fiscal Year End6/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer & office equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:LTRX CUSIPN/A CIK1114925 Webwww.lantronix.com Phone(949) 453-3990Fax949-453-3995Employees299Year Founded1989Price Target and Rating Average Stock Price Forecast$10.00 High Stock Price Forecast$10.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+126.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.14) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-5,360,000.00 Net Margins-3.76% Pretax Margin-5.13% Return on Equity-6.30% Return on Assets-3.49% Debt Debt-to-Equity Ratio0.22 Current Ratio2.28 Quick Ratio1.04 Sales & Book Value Annual Sales$129.65 million Price / Sales1.25 Cash Flow$0.06 per share Price / Cash Flow73.93 Book Value$2.30 per share Price / Book1.92Miscellaneous Outstanding Shares36,520,000Free Float26,915,000Market Cap$161.42 million OptionableNot Optionable Beta2.29 Social Links Key ExecutivesPaul H. PicklePresident, Chief Executive Officer & DirectorJeremy R. WhitakerChief Financial OfficerJonathan ShipmanExecutive StrategistAnita KumarVice President-Business OperationsRoger HollidayVice President-Worldwide SalesKey CompetitorsSilicomNASDAQ:SILCAtomeraNASDAQ:ATOMPOET TechnologiesNASDAQ:POETTelosNASDAQ:TLSBackblazeNASDAQ:BLZEView All CompetitorsInsiders & InstitutionsLynrock Lake LPBought 9,983 shares on 2/15/2023Ownership: 1.840%CI Private Wealth LLCBought 100,000 shares on 2/15/2023Ownership: 0.276%Millennium Management LLCSold 13,982 shares on 2/15/2023Ownership: 0.089%Morgan StanleySold 2,643 shares on 2/15/2023Ownership: 0.062%Man Group plcBought 13,600 shares on 2/15/2023Ownership: 0.038%View All Insider TransactionsView All Institutional Transactions LTRX Stock - Frequently Asked Questions Should I buy or sell Lantronix stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last twelve months. There are currently 2 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 2023? 2 Wall Street analysts have issued 1 year price targets for Lantronix's shares. Their LTRX share price forecasts range from $10.00 to $10.00. On average, they expect the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 127.3% 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 2023? Lantronix's stock was trading at $4.32 at the beginning of the year. Since then, LTRX stock has increased by 1.9% and is now trading at $4.40. View the best growth stocks for 2023 here. When is Lantronix's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our LTRX earnings forecast. How were Lantronix's earnings last quarter? Lantronix, Inc. (NASDAQ:LTRX) issued its quarterly earnings results on Thursday, November, 11th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.07. The technology company had revenue of $27.71 million for the quarter. Lantronix had a negative net margin of 3.76% and a negative trailing twelve-month return on equity of 6.30%. During the same quarter in the previous year, the company earned ($0.01) earnings per share. What guidance has Lantronix issued on next quarter's earnings? Lantronix issued an update on its FY 2023 earnings guidance on Saturday, January, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $135.00 million-$145.00 million, compared to the consensus revenue estimate of $159.34 million. What other stocks do shareholders of Lantronix own? 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), Advanced Micro Devices (AMD), Cleveland-Cliffs (CLF), Enterprise Products Partners (EPD), Energy Transfer (ET) and Nokia Oyj (NOK). 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 many different retail and institutional investors. Top institutional investors include Portolan Capital Management LLC (1.91%), Lynrock Lake LP (1.84%), Dimensional Fund Advisors LP (1.29%), Renaissance Technologies LLC (1.25%), Essex Investment Management Co. LLC (0.95%) and First Eagle Investment Management LLC (0.88%). 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 $4.40. How much money does Lantronix make? Lantronix (NASDAQ:LTRX) has a market capitalization of $160.68 million and generates $131.57 million in revenue each year. The technology company earns $-5,360,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis. How many employees does Lantronix have? The company employs 299 workers across the globe. Does Lantronix have any subsidiaries? The following companies are subsidiares of Lantronix: Intrinsyc Technologies, Intrinsyc Technologies Corporation, Lantronix Australia Pty. Ltd., Lantronix Europe GmbH, Lantronix Holding Company, Lantronix Hong Kong Limited, Lantronix India Private Limited, Lantronix International AG, Lantronix IoT GmbH, Lantronix Japan K.K., Lantronix Netherlands B.V., Lantronix UK Ltd., Maestro Wireless Solutions Limited, Net2Edge Limited, Premise Systems, ProNET GmbH, Stallion Technologies, Transition Networks, and Transition Networks Inc..Read More 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 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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