Lantronix (NASDAQ:LTRX) Cut to “Buy” at Wall Street Zen

Lantronix (NASDAQ:LTRX) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report issued on Monday.

Other research analysts also recently issued reports about the stock. Needham & Company LLC increased their price objective on shares of Lantronix from $5.50 to $7.50 and gave the company a “buy” rating in a research note on Thursday, November 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lantronix in a report on Wednesday, October 8th. Finally, Lake Street Capital upped their target price on shares of Lantronix from $6.00 to $8.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Lantronix has an average rating of “Moderate Buy” and an average price target of $6.17.

Lantronix Trading Up 1.6%

NASDAQ:LTRX opened at $6.93 on Monday. The firm has a market capitalization of $272.76 million, a PE ratio of -25.67 and a beta of 1.50. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.01 and a quick ratio of 1.93. Lantronix has a 12 month low of $1.91 and a 12 month high of $6.96. The business’s 50-day moving average is $5.59 and its two-hundred day moving average is $4.63.

Lantronix (NASDAQ:LTRX) last released its quarterly earnings results on Wednesday, November 5th. The technology company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Lantronix had a negative return on equity of 11.63% and a negative net margin of 8.68%.The firm had revenue of $29.79 million during the quarter, compared to analysts’ expectations of $29.55 million. Lantronix has set its Q2 2026 guidance at 0.020-0.04 EPS. Research analysts predict that Lantronix will post -0.23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. R Squared Ltd raised its position in Lantronix by 24.3% during the third quarter. R Squared Ltd now owns 14,073 shares of the technology company’s stock valued at $64,000 after acquiring an additional 2,754 shares in the last quarter. Squarepoint Ops LLC increased its position in Lantronix by 52.7% in the 3rd quarter. Squarepoint Ops LLC now owns 19,283 shares of the technology company’s stock worth $88,000 after buying an additional 6,654 shares during the period. Bailard Inc. acquired a new position in Lantronix during the 3rd quarter valued at $49,000. Jane Street Group LLC lifted its stake in shares of Lantronix by 19.7% in the first quarter. Jane Street Group LLC now owns 71,293 shares of the technology company’s stock valued at $178,000 after buying an additional 11,728 shares during the period. Finally, Thompson Davis & CO. Inc. acquired a new stake in Lantronix during the fourth quarter worth about $97,000. 39.38% of the stock is owned by institutional investors and hedge funds.

Lantronix Company Profile

Lantronix, Inc is a provider of secure data access and management solutions designed to simplify the deployment, monitoring and control of devices and equipment across a wide range of industries. Headquartered in Irvine, California, the company develops hardware and software products that enable connectivity for smart devices, industrial machinery, IT infrastructure and other systems in the Internet of Things (IoT) ecosystem.

Founded in 1989, Lantronix was among the early innovators in serial-to-Ethernet device networking and has since expanded its portfolio to include secure console servers, device servers, gateways and embedded modules.