Lantronix (LTRX) to Release Earnings on Thursday

Lantronix (NASDAQ:LTRX - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $34.42 million for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Lantronix (NASDAQ:LTRX - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.13). Lantronix had a negative net margin of 3.15% and a negative return on equity of 2.60%.

Lantronix Trading Down 24.3 %

LTRX stock traded down $1.02 during trading on Friday, reaching $3.18. 1,695,180 shares of the stock were exchanged, compared to its average volume of 309,048. The company has a current ratio of 2.61, a quick ratio of 1.78 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $122.35 million, a price-to-earnings ratio of -24.46 and a beta of 1.94. The business has a 50 day moving average price of $3.74 and a 200-day moving average price of $3.69. Lantronix has a 1 year low of $2.48 and a 1 year high of $5.97.

Insider Buying and Selling at Lantronix

In other news, CEO Saleel Awsare acquired 80,000 shares of the business's stock in a transaction that occurred on Wednesday, November 13th. The shares were purchased at an average price of $2.66 per share, for a total transaction of $212,800.00. Following the acquisition, the chief executive officer now owns 233,184 shares of the company's stock, valued at $620,269.44. This represents a 52.22 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Hoshi Printer bought 15,000 shares of the stock in a transaction that occurred on Tuesday, November 26th. The shares were purchased at an average price of $2.90 per share, with a total value of $43,500.00. Following the completion of the acquisition, the director now directly owns 176,075 shares in the company, valued at $510,617.50. This trade represents a 9.31 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Canaccord Genuity Group reduced their price target on shares of Lantronix from $5.00 to $4.50 and set a "buy" rating on the stock in a research report on Friday. StockNews.com downgraded Lantronix from a "strong-buy" rating to a "buy" rating in a research report on Monday, November 11th. Lake Street Capital lowered their price target on Lantronix from $6.00 to $5.00 and set a "buy" rating for the company in a report on Friday. Finally, Needham & Company LLC restated a "buy" rating and issued a $5.50 price objective on shares of Lantronix in a report on Tuesday, January 21st. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $6.00.

About Lantronix

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.