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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:LTRX

Lantronix (LTRX) Stock Price, News & Analysis

$3.56
-0.01 (-0.28%)
(As of 03/28/2024 ET)
Today's Range
$3.55
$3.66
50-Day Range
$3.38
$6.84
52-Week Range
$3.34
$6.95
Volume
217,177 shs
Average Volume
313,681 shs
Market Capitalization
$133.43 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.20

Lantronix MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
157.7% Upside
$9.20 Price Target
Short Interest
Healthy
0.66% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.09mentions of Lantronix in the last 14 days
Based on 13 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.

3.26 out of 5 stars

Computer And Technology Sector

259th out of 587 stocks

Computer & Office Equipment Industry

10th out of 13 stocks

LTRX stock logo

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

LTRX Stock News Headlines

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Altcoin FRENZY Alert…
Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days…
Analyzing True Nature (OTCMKTS:TNTY) & Lantronix (NASDAQ:LTRX)
Top 4 Tech Giants Poised for Explosive Growth
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
3/28/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:LTRX
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
+158.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-8,980,000.00
Pretax Margin
-5.83%

Debt

Sales & Book Value

Annual Sales
$131.19 million
Book Value
$2.12 per share

Miscellaneous

Free Float
30,993,000
Market Cap
$133.43 million
Optionable
Optionable
Beta
2.14

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LTRX Stock Analysis - Frequently Asked Questions

Should I buy or sell Lantronix stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities 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 analysts have issued 12-month price objectives for Lantronix's stock. 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 157.7% 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 stock has decreased by 39.1% and is now trading at $3.57.
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) released its earnings results on Thursday, February, 8th. The technology company reported ($0.07) 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 issued an update on 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?
Who are Lantronix's major shareholders?

Lantronix's stock is owned by many different retail and institutional investors. Top institutional investors include Wasatch Advisors LP (4.33%), AMH Equity Ltd (3.55%), Vanguard Group Inc. (3.39%), Vanguard Group Inc. (3.39%), Dimensional Fund Advisors LP (2.42%) and RK Capital Management LLC (2.25%). 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 3/28/2024 by MarketBeat.com Staff

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