LightPath Technologies (LPTH) Stock Price, News & Analysis

Company Overview

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. Its products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors, and other sectors. The company sells its products directly to customers in Europe and Asia. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.

Key Stats

• Today's Range: $2.52 to $2.70
• 50-Day Range: $1.46 to $2.69
• 52-Week Range: $1.04 to $2.86
• Volume: 304,459 shs
• Average Volume: 80,640 shs
• Market Capitalization: $106.70 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.00
• Consensus Rating: Buy

LightPath Technologies Stock Analysis - MarketRank™

LightPath Technologies scored higher than 23% of companies evaluated by MarketBeat, and ranked 556th out of 652 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: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

LightPath Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

LightPath Technologies has received no research coverage 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 LightPath Technologies is -12.23, 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 LightPath Technologies is -12.23, 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

LightPath Technologies has a P/B Ratio of 3.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

0.13% of the outstanding shares of LightPath Technologies have been sold short.

Short Interest Ratio / Days to Cover

LightPath Technologies has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in LightPath Technologies has recently increased by 6.61%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

LightPath Technologies does not currently pay a dividend.

Dividend Growth

LightPath Technologies does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

0.13% of the outstanding shares of LightPath Technologies have been sold short.

Short Interest Ratio / Days to Cover

LightPath Technologies has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in LightPath Technologies has recently increased by 6.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.36

News Sentiment

LightPath Technologies has a news sentiment score of 0.36. 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 0.62 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for LightPath Technologies this week, compared to 1 article on an average week.

Search Interest

7 people have searched for LPTH on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, LightPath Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.15% of the stock of LightPath Technologies is held by insiders.

Percentage Held by Institutions

56.29% of the stock of LightPath Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LPTH Stock Analysis - Frequently Asked Questions

How have LPTH shares performed this year?

LightPath Technologies' stock was trading at $1.26 on January 1st, 2024. Since then, LPTH stock has increased by 113.5% and is now trading at $2.69.
View the best growth stocks for 2024 here.

How were LightPath Technologies' earnings last quarter?

LightPath Technologies, Inc. (NASDAQ:LPTH) issued its earnings results on Thursday, September, 19th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $0.02. The technology company had revenue of $8.63 million for the quarter, compared to the consensus estimate of $8.25 million. LightPath Technologies had a negative net margin of 25.86% and a negative trailing twelve-month return on equity of 26.51%.

Does LightPath Technologies have any subsidiaries?

The following companies are subsidiaries of LightPath Technologies: ISP Optics Corporation, GelTech Inc., Horizon Photonics, GELTECH Inc., ISP Optics Corporation, ISP Optics Latvia SIA, LightPath Optical Instrumentation (Shanghai) Co. Ltd, and LightPath Optical Instrumentation (Zhenjiang) Co. Ltd.

Who are LightPath Technologies' major shareholders?

LightPath Technologies' top institutional shareholders include B. Riley Wealth Advisors Inc. (0.20%) and Murphy Pohlad Asset Management LLC (0.18%). Insiders that own company stock include Albert Miranda, Louis Leeburg and Darcie Peck.
View institutional ownership trends.

How do I buy shares of LightPath Technologies?

Shares of LPTH 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 LightPath Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LightPath Technologies investors own include EXFO (EXFO), Merit Medical Systems (MMSI), RTI Surgical (RTIX), Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU) and Pfizer (PFE).

Company Calendar

• Last Earnings: 9/19/2024
• Today: 12/22/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:LPTH
• CUSIP: N/A
• CIK: 889971
• Web: www.lightpath.com
• Phone: (407) 382-4003
• Fax: 407-382-4007
• Employees: 330
• Year Founded: 1985

Price Target and Rating

• Average Stock Price Target: $3.00
• High Stock Price Target: $3.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +11.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.22)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-8,010,000.00
• Net Margins: -25.86%
• Pretax Margin: -25.72%
• Return on Equity: -26.51%
• Return on Assets: -16.55%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 1.73
• Quick Ratio: 1.03

Sales & Book Value

• Annual Sales: $32.05 million
• Price / Sales: 3.33
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.78 per share
• Price / Book: 3.45

Miscellaneous

• Outstanding Shares: 39,665,000
• Free Float: 39,209,000
• Market Cap: $106.70 million
• Optionable: Not Optionable
• Beta: 1.32