In last trading session, Lantronix Inc (NASDAQ:LTRX) saw 0.33 million shares changing hands with its beta currently measuring 1.94. Company’s recent per share price level of $3.93 trading at $0.06 or 1.55% at ring of the bell on the day assigns it a market valuation of $151.21M. That closing price of LTRX’s stock is at a discount of -68.7% from its 52-week high price of $6.63 and is indicating a premium of 36.9% from its 52-week low price of $2.48. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.26 million shares which gives us an average trading volume of 456.98K if we extend that period to 3-months.
For Lantronix Inc (LTRX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.03 in the current quarter.
Lantronix Inc (NASDAQ:LTRX) trade information
Upright in the green during last session for gaining 1.55%, in the last five days LTRX remained trading in the red while hitting it’s week-highest on Friday, 01/31/25 when the stock touched $3.93 price level, adding 1.01% to its value on the day. Lantronix Inc’s shares saw a change of -4.61% in year-to-date performance and have moved -0.25% in past 5-day. Lantronix Inc (NASDAQ:LTRX) showed a performance of -3.68% in past 30-days. Number of shares sold short was 0.23 million shares which calculate 0.56 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7.5 to the stock, which implies a rise of 47.6% to its current value. Analysts have been projecting 7.5 as a low price target for the stock while placing it at a high target of 7.5. It follows that stock’s current price would drop -90.84% in reaching the projected high whereas dropping to the targeted low would mean a loss of -90.84% for stock’s current value.
Lantronix Inc (LTRX) estimates and forecasts
Statistics highlight that Lantronix Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -4.15% of value to its shares in past 6 months, showing an annual growth rate of -32.50% while that of industry is 16.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -15.09% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 31.05M for the same. And 4 analysts are in estimates of company making revenue of 34.49M in the next quarter. Company posted 37.04M and 41.18M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -44.92% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -28.50% while estimates for its earnings growth in next 5 years are of 8.44%.
Lantronix Inc (NASDAQ:LTRX)’s Major holders
Insiders are in possession of 17.72% of company’s total shares while institution are holding 35.60 percent of that, with stock having share float percentage of 43.27%. Investors also watch the number of corporate investors in a company very closely, which is 35.60% institutions for Lantronix Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at LTRX for having 1.43 million shares of worth $5.08 million. And as of 2024-06-30, it was holding 3.8113 of the company’s outstanding shares.
The second largest institutional holder is AMH EQUITY LTD, which was holding about 1.27 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.3965 of outstanding shares, having a total worth of $4.52 million.
