Should I buy or sell Lantronix stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LTRX shares. View LTRX analyst ratings or view top-rated stocks .

What is Lantronix's stock price target for 2024?

4 equities research analysts have issued twelve-month price targets for Lantronix's shares. Their LTRX share price targets range from $7.00 to $12.00. On average, they expect the company's stock price to reach $9.20 in the next year. This suggests a possible upside of 192.1% 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 2024?

Lantronix's stock was trading at $5.86 at the beginning of the year. Since then, LTRX shares have decreased by 46.2% and is now trading at $3.15. View the best growth stocks for 2024 here .

When is Lantronix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our LTRX earnings forecast .

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) posted its quarterly earnings results on Thursday, February, 8th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.06. The technology company earned $37.04 million during the quarter, compared to the consensus estimate of $37.20 million. Lantronix had a negative trailing twelve-month return on equity of 11.89% and a negative net margin of 6.67%.

What guidance has Lantronix issued on next quarter's earnings?

Lantronix updated its third quarter 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of 0.090-0.130 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $38.0 million-$42.0 million, compared to the consensus revenue estimate of $47.0 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) .

Who are Lantronix's major shareholders?

Lantronix's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (1.39%). Insiders that own company stock include Bernhard Bruscha , Fathi Hakam , Hoshi Printer, Jeremy Whitaker , Paul F Folino , Paul H Pickle , Philip G Brace, Roger Holliday and Saleel Awsare. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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

NASDAQ:LTRX

Lantronix (LTRX) Stock Price, News & Analysis

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$3.21

+0.06 (+1.90%)

(As of 11:27 AM ET)

Compare

Today's Range: $3.12
▼
$3.21
50-Day Range: $3.11
▼
$4.27
52-Week Range: $3.08
▼
$6.95

Volume: 31,896 shs
Average Volume: 308,105 shs
Market Capitalization: $120.30 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.20

Get Lantronix alerts:

Lantronix MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 192.1% Upside
$9.20 Price Target
Short Interest: Healthy
0.67% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.14
Based on 16 Articles This Week
Insider Trading: Acquiring Shares
$137,450 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.04) to $0.07 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.52 out of 5 stars

Computer And Technology Sector

354th out of 581 stocks

Computer & Office Equipment Industry

11th out of 13 stocks

3.5

Analyst's Opinion

Consensus Rating
Lantronix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Lantronix has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.67% of the outstanding shares of Lantronix have been sold short.
Short Interest Ratio / Days to Cover
Lantronix has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Lantronix has recently increased by 1.09%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Lantronix does not currently pay a dividend.
Dividend Growth
Lantronix does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LTRX.

2.3

News and Social Media Coverage

News Sentiment
Lantronix has a news sentiment score of 0.14. 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 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Lantronix this week, compared to 4 articles on an average week.
Search Interest
13 people have searched for LTRX on MarketBeat in the last 30 days. This is an increase of 86% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Lantronix to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lantronix insiders have bought 142.26% more of their company's stock than they have sold. Specifically, they have bought $137,450.00 in company stock and sold $56,736.00 in company stock.
Percentage Held by Insiders
17.30% 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 Institutions
Only 39.38% of the stock of Lantronix is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Lantronix are expected to grow in the coming year, from ($0.04) to $0.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lantronix is -12.60, 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. Sector
The P/E ratio of Lantronix is -12.60, 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 Ratio
Lantronix has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Lantronix Stock (NASDAQ:LTRX)

Lantronix, Inc. provides solutions for video surveillance, infotainment systems, and intelligent substations infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT System Solutions, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and various other functions; Embedded IoT Modules, such as application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and Software and Engineering Services offers SaaS platform that enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. It also offers telematics devices, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management; network switches, media converters, power over ethernet, NICS and optical SFPs, system on modules, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development. In addition, the company provides console management, power management, and IP connected keyboard-video-mouse products that offers remote access to IT and networking infrastructure deployed in test labs, data centers, branch offices, remote sites, and server rooms; and hardware engineering, software engineering, and mechanical engineering, rapid prototyping and quality assurance engineering services. Lantronix, Inc. was incorporated in 1989 and is based in Irvine, California.

LTRX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LTRX Stock News Headlines

April 19, 2024 | stockhouse.com

4-DAY DEADLINE ALERT: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

April 19, 2024 | markets.businessinsider.com

TUESDAY DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

April 19, 2024 | InvestorPlace (Ad)

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April 19, 2024 | prnewswire.com

Lantronix, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - LTRX

April 18, 2024 | prnewswire.com

LTRX Investors Have Opportunity to Lead Lantronix, Inc. Securities Fraud Lawsuit

April 18, 2024 | markets.businessinsider.com

TUESDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

April 18, 2024 | stockhouse.com

IMMINENT LTRX DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Lantronix, Inc. Investors to Join the Class Action Lawsuit!

April 18, 2024 | globenewswire.com

Lantronix Case Study focuses on Reliable and Secure Support Provided to Financial Services Industry by its Out-of-Band Solutions

April 19, 2024 | InvestorPlace (Ad)

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April 18, 2024 | markets.businessinsider.com

6-DAY DEADLINE ALERT: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

April 17, 2024 | markets.businessinsider.com

TUESDAY DEADLINE ALERT: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

April 17, 2024 | markets.businessinsider.com

Kirby McInerney LLP Reminds Investors of Lead Plaintiff Deadline in Lantronix, Inc. (LTRX) Securities Class Action

April 17, 2024 | prnewswire.com

LTRX Investors Have Opportunity to Lead Lantronix, Inc. Securities Fraud Lawsuit

April 17, 2024 | markets.businessinsider.com

IMPORTANT FINAL DEADLINE ALERT: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

April 16, 2024 | finanznachrichten.de

Lantronix, Inc.: Lantronix Announces New FOX4 and Bolero 43 Edge Compute Trackers, Expanding Its Award-Winning Telematic Gateways Family

April 16, 2024 | finance.yahoo.com

Lantronix Announces New FOX4 and Bolero 43 Edge Compute Trackers, Expanding Its Award-Winning Telematic Gateways Family

April 16, 2024 | prnewswire.com

Shareholders that lost money on Lantronix, Inc.(LTRX) Urged to Join Class Action - Contact The Gross Law Firm to Learn More

April 15, 2024 | prnewswire.com

Shareholders that lost money on Lantronix, Inc.(LTRX) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

April 14, 2024 | prnewswire.com

ROSEN, LEADING TRIAL ATTORNEYS, Encourages Lantronix, Inc. Investors to Secure Counsel Before Important April 23 Deadline in Securities Class Action - LTRX

April 13, 2024 | prnewswire.com

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Lantronix

April 12, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lantronix, Inc. of Class Action Lawsuit and Upcoming Deadlines - LTRX

April 12, 2024 | prnewswire.com

Class Action Filed Against Lantronix, Inc. (LTRX) - April 23, 2024 Deadline to Join - Contact The Gross Law Firm

April 11, 2024 | markets.businessinsider.com

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

April 11, 2024 | prnewswire.com

LTRX Investors Have Opportunity to Lead Lantronix, Inc. Securities Fraud Lawsuit

April 10, 2024 | investorplace.com

Tech Turnaround Targets: 3 Stocks Poised to Bounce Back and Reward Investors

April 10, 2024 | markets.businessinsider.com

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

April 10, 2024 | prnewswire.com

Investors in Lantronix, Inc. Should Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights - LTRX

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Computer & office equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:LTRX
CUSIP: N/A
CIK: 1114925
Web: www.lantronix.com
Phone: (949) 453-3990
Fax: 949-453-3995
Employees: 357
Year Founded: 1989

Price Target and Rating

Average Stock Price Target: $9.20
High Stock Price Target: $12.00
Low Stock Price Target: $7.00
Potential Upside/Downside: +192.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.25)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-8,980,000.00
Net Margins: -6.67%
Pretax Margin: -5.83%
Return on Equity: -11.89%
Return on Assets: -6.06%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 2.08
Quick Ratio: 1.19

Sales & Book Value

Annual Sales: $131.19 million
Price / Sales: 0.90
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.12 per share
Price / Book: 1.49

Miscellaneous

Outstanding Shares: 37,480,000
Free Float: 30,993,000
Market Cap: $118.06 million
Optionable: Optionable
Beta: 2.12

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Key Executives

Mr. Jeremy R. Whitaker (Age 54)
Chief Financial Officer
Comp: $257.78k
Mr. Eric Bass (Age 57)
Vice President of Engineering
Comp: $240.72k
Mr. Saleel Awsare (Age 59)
President, CEO & Director
Mr. David Goren (Age 65)
VP of Business Affairs, Legal & HR and Corporate Secretary
Gail Kathryn Miller
Corporate Marketing & Communications Manager
Mr. Jacques Issa
Vice President of Marketing
Mr. Kurt W. Hoff (Age 66)
Vice President of Worldwide Sales
Mr. Gene Schaeffer (Age 60)
Head of Americas Sales
Ms. Amber Tinz
Executive Assistant

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LTRX Stock Analysis - Frequently Asked Questions

Should I buy or sell Lantronix stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LTRX shares.
View LTRX analyst ratings or view top-rated stocks.
What is Lantronix's stock price target for 2024?: 4 equities research analysts have issued twelve-month price targets for Lantronix's shares. Their LTRX share price targets range from $7.00 to $12.00. On average, they expect the company's stock price to reach $9.20 in the next year. This suggests a possible upside of 192.1% 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 2024?: Lantronix's stock was trading at $5.86 at the beginning of the year. Since then, LTRX shares have decreased by 46.2% and is now trading at $3.15.
View the best growth stocks for 2024 here.
When is Lantronix's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our LTRX earnings forecast.
How were Lantronix's earnings last quarter?: Lantronix, Inc. (NASDAQ:LTRX) posted its quarterly earnings results on Thursday, February, 8th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.06. The technology company earned $37.04 million during the quarter, compared to the consensus estimate of $37.20 million. Lantronix had a negative trailing twelve-month return on equity of 11.89% and a negative net margin of 6.67%.
What guidance has Lantronix issued on next quarter's earnings?: Lantronix updated its third quarter 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of 0.090-0.130 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $38.0 million-$42.0 million, compared to the consensus revenue estimate of $47.0 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).
Who are Lantronix's major shareholders?: Lantronix's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (1.39%). Insiders that own company stock include Bernhard Bruscha, Fathi Hakam, Hoshi Printer, Jeremy Whitaker, Paul F Folino, Paul H Pickle, Philip G Brace, Roger Holliday and Saleel Awsare.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
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

This page (NASDAQ:LTRX) was last updated on 4/19/2024 by MarketBeat.com Staff

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Lantronix (LTRX) Stock Price, News & Analysis

Lantronix MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Lantronix Stock (NASDAQ:LTRX)

LTRX Stock Price History

LTRX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

LTRX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™