HC Wainwright Has Negative Outlook for LPTH FY2025 Earnings

LightPath Technologies, Inc. (NASDAQ:LPTH - Free Report) - Analysts at HC Wainwright dropped their FY2025 earnings per share estimates for LightPath Technologies in a research note issued to investors on Tuesday, February 18th. HC Wainwright analyst S. Buck now anticipates that the technology company will post earnings of ($0.19) per share for the year, down from their previous estimate of ($0.16). HC Wainwright has a "Buy" rating and a $5.00 price objective on the stock. The consensus estimate for LightPath Technologies' current full-year earnings is ($0.18) per share. HC Wainwright also issued estimates for LightPath Technologies' FY2026 earnings at ($0.08) EPS.

LightPath Technologies (NASDAQ:LPTH - Get Free Report) last posted its earnings results on Thursday, February 13th. The technology company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.03). LightPath Technologies had a negative return on equity of 31.13% and a negative net margin of 28.57%. The firm had revenue of $7.43 million for the quarter, compared to analysts' expectations of $8.28 million.

A number of other equities research analysts have also weighed in on the stock. StockNews.com lowered shares of LightPath Technologies from a "hold" rating to a "sell" rating in a research note on Saturday, January 4th. LADENBURG THALM/SH SH raised their price objective on shares of LightPath Technologies from $3.00 to $5.00 and gave the stock a "buy" rating in a report on Thursday, January 2nd. Finally, Lake Street Capital upped their target price on LightPath Technologies from $3.00 to $4.00 and gave the stock a "buy" rating in a report on Friday, December 27th.

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LightPath Technologies Trading Up 0.6 %

LPTH stock traded up $0.02 on Thursday, reaching $2.46. The company's stock had a trading volume of 268,001 shares, compared to its average volume of 424,300. The firm has a market cap of $98.60 million, a PE ratio of -10.23 and a beta of 1.01. The business has a fifty day simple moving average of $3.15 and a two-hundred day simple moving average of $2.08. LightPath Technologies has a 12-month low of $1.04 and a 12-month high of $4.42. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.90 and a current ratio of 1.53.

Hedge Funds Weigh In On LightPath Technologies

Several large investors have recently modified their holdings of the stock. Crewe Advisors LLC purchased a new stake in LightPath Technologies during the 4th quarter valued at about $28,000. Cubist Systematic Strategies LLC purchased a new stake in shares of LightPath Technologies during the fourth quarter valued at approximately $32,000. Millennium Management LLC bought a new stake in shares of LightPath Technologies during the fourth quarter valued at approximately $53,000. Legato Capital Management LLC bought a new stake in shares of LightPath Technologies during the fourth quarter valued at approximately $83,000. Finally, J.W. Cole Advisors Inc. purchased a new position in LightPath Technologies in the 4th quarter worth approximately $87,000. Hedge funds and other institutional investors own 56.29% of the company's stock.

LightPath Technologies Company Profile

LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics.