NASDAQ:LTRX - Lantronix Stock Price, Forecast & News

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

Lantronix Inc (NASDAQ:LTRX) released its quarterly earnings data on Wednesday, November, 13th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters' 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 updated its FY 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share 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 equities research analysts have issued 12 month target prices for Lantronix's stock. Their forecasts range from $4.25 to $4.25. On average, they expect Lantronix's share price to reach $4.25 in the next twelve months. This suggests a possible upside of 13.3% 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.

News articles about LTRX stock have trended positive on Friday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lantronix earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Lantronix.

Lantronix saw a increase in short interest during the month of 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 sold short. 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) and BIO-key International (BKYI).

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), Celgene (CELG), Cerus (CERS) and Apache (APA).

Lantronix's stock is owned by a number of of retail and institutional investors. Top institutional investors 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 $3.75.

Lantronix has a market capitalization of $86.49 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]