Lantronix (LTRX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $3.57 to $3.69
• 50-Day Range: $2.54 to $4.27
• 52-Week Range: $2.48 to $6.95
• Volume: 178,982 shs
• Average Volume: 309,457 shs
• Market Capitalization: $140.05 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.50
• Consensus Rating: Buy

Lantronix Stock Analysis - MarketRank™

Lantronix scored higher than 44% of companies evaluated by MarketBeat, and ranked 483rd out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Lantronix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 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.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Lantronix is -26.00, 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 -26.00, 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 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.45% 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 0.4, 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 22.78%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lantronix does not currently pay a dividend.

Dividend Growth

Lantronix does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.45% 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 0.4, 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 22.78%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.22

News Sentiment

Lantronix has a news sentiment score of 0.22. 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 0.64 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Lantronix this week, compared to 5 articles on an average week.

Search Interest

9 people have searched for LTRX on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.

MarketBeat Follows

4 people have added Lantronix to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Lantronix insiders have bought 37.91% more of their company's stock than they have sold. Specifically, they have bought $256,300.00 in company stock and sold $185,850.00 in company stock.

Percentage Held by Insiders

Only 1.60% of the stock of Lantronix is held by insiders.

Percentage Held by Institutions

Only 39.38% of the stock of Lantronix is held by institutions.

LTRX Stock Analysis - Frequently Asked Questions

How have LTRX shares performed this year?

Lantronix's stock was trading at $5.86 at the start of the year. Since then, LTRX stock has decreased by 37.9% and is now trading at $3.64.
View the best growth stocks for 2024 here.

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) released its quarterly earnings results on Thursday, September, 7th. The technology company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The technology company had revenue of $34.92 million for the quarter, compared to analysts' expectations of $35.20 million. Lantronix had a negative trailing twelve-month return on equity of 2.91% and a negative net margin of 3.17%.

Does Lantronix have any subsidiaries?

Lantronix subsidiaries include these companies: Net2Edge Limited, Transition Networks, Intrinsyc Technologies, Maestro Wireless Solutions Limited, Stallion Technologies, Premise Systems, ProNET GmbH, and others.

Who are Lantronix's major shareholders?

Top institutional investors of Lantronix include Geode Capital Management LLC (0.88%), Walleye Capital LLC (0.19%), Barclays PLC (0.16%) and Barclays PLC (0.16%). Insiders that own company stock include Bernhard Bruscha, Paul H Pickle, Jeremy Whitaker, Hoshi Printer, Roger Holliday, Jason Cohenour, Philip G Brace and Paul F Folino.
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.

What other stocks do shareholders of Lantronix own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lantronix investors own include Rite Aid (RAD), Taiwan Semiconductor Manufacturing (TSM), Alibaba Group (BABA), Clean Energy Fuels (CLNE), NIO (NIO), Plug Power (PLUG) and Vale (VALE).

Company Calendar

• Last Earnings: 9/07/2023
• Today: 12/21/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer & office equipment
• Sub-Industry: Computer Hardware
• Current Symbol: NASDAQ:LTRX
• CUSIP: N/A
• CIK: 1114925
• Web: www.lantronix.com
• Phone: (949) 453-3990
• Fax: 949-453-3995
• Employees: 350
• Year Founded: 1989

Price Target and Rating

• Average Stock Price Target: $6.50
• High Stock Price Target: $9.00
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +78.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.14)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-4,520,000.00
• Net Margins: -3.17%
• Pretax Margin: -2.57%
• Return on Equity: -2.91%
• Return on Assets: -1.60%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 2.61
• Quick Ratio: 1.78

Sales & Book Value

• Annual Sales: $161.72 million
• Price / Sales: 0.87
• Cash Flow: $0.41 per share
• Price / Cash Flow: 8.82
• Book Value: $2.15 per share
• Price / Book: 1.69

Miscellaneous

• Outstanding Shares: 38,475,000
• Free Float: 37,859,000
• Market Cap: $140.05 million
• Optionable: Optionable
• Beta: 2.04