Lantronix (NASDAQ:LTRX – Get Free Report) posted its quarterly earnings data on Thursday. The technology company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.13), Zacks reports. Lantronix had a negative net margin of 3.17% and a negative return on equity of 2.91%. Lantronix updated its Q3 2025 guidance to 0.010-0.050 EPS.
Lantronix Trading Up 0.2 %
LTRX stock traded up $0.01 during trading on Thursday, reaching $4.20. 484,971 shares of the stock were exchanged, compared to its average volume of 370,711. The business has a 50 day moving average price of $3.71 and a 200-day moving average price of $3.70. Lantronix has a 1 year low of $2.48 and a 1 year high of $5.97. 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 $161.57 million, a price-to-earnings ratio of -30.00 and a beta of 1.94.
Analysts Set New Price Targets
A number of brokerages have recently commented on LTRX. Canaccord Genuity Group reduced their target price on shares of Lantronix from $7.50 to $5.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. Needham & Company LLC reiterated a “buy” rating and issued a $5.50 price objective on shares of Lantronix in a report on Tuesday, January 21st. Finally, StockNews.com cut Lantronix from a “strong-buy” rating to a “buy” rating in a report on Monday, November 11th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $6.50.
Insider Activity
In other Lantronix news, Director Hoshi Printer acquired 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The stock was purchased at an average cost of $2.90 per share, with a total value of $43,500.00. Following the transaction, the director now owns 176,075 shares of the company’s stock, valued at $510,617.50. This trade represents a 9.31 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Saleel Awsare bought 80,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was bought at an average cost of $2.66 per share, for a total transaction of $212,800.00. Following the transaction, the chief executive officer now directly owns 233,184 shares of the company’s stock, valued at $620,269.44. The trade was a 52.22 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.60% of the company’s stock.
Lantronix Company Profile
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.
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