Lantronix (NASDAQ:LTRX) Releases Q1 2027 Earnings Guidance

Lantronix (NASDAQ:LTRXGet Free Report) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.040-0.060 for the period, compared to the consensus estimate of 0.050. The company issued revenue guidance of $31.0 million-$33.0 million, compared to the consensus revenue estimate of $31.9 million.

Analyst Upgrades and Downgrades

A number of analysts have commented on LTRX shares. Wall Street Zen lowered Lantronix from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. UBS Group reaffirmed a “buy” rating on shares of Lantronix in a research report on Friday, June 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lantronix in a research report on Friday, July 17th. Canaccord Genuity Group upped their target price on shares of Lantronix from $10.50 to $11.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Finally, JonesTrading started coverage on shares of Lantronix in a report on Wednesday, July 15th. They set a “buy” rating and a $12.00 price target on the stock. Six research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $10.40.

Read Our Latest Analysis on LTRX

Lantronix Stock Performance

Shares of LTRX traded down $0.20 during trading hours on Wednesday, hitting $5.66. The stock had a trading volume of 2,101,420 shares, compared to its average volume of 1,012,590. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.74 and a quick ratio of 1.80. Lantronix has a 12 month low of $3.58 and a 12 month high of $8.75. The firm has a market capitalization of $248.93 million, a PE ratio of -33.29 and a beta of 1.70. The stock has a fifty day moving average price of $5.76 and a 200 day moving average price of $6.05.

Lantronix (NASDAQ:LTRXGet Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $31.15 million during the quarter, compared to analysts’ expectations of $30.69 million. Lantronix had a negative return on equity of 6.79% and a negative net margin of 5.52%.Lantronix has set its Q1 2027 guidance at 0.040-0.060 EPS. Analysts anticipate that Lantronix will post -0.11 EPS for the current year.

Hedge Funds Weigh In On Lantronix

Institutional investors and hedge funds have recently made changes to their positions in the business. Invesco Ltd. bought a new stake in Lantronix during the fourth quarter valued at approximately $68,000. Balyasny Asset Management L.P. bought a new position in Lantronix in the fourth quarter worth approximately $86,000. Bridgeway Capital Management LLC purchased a new position in shares of Lantronix during the 3rd quarter worth $85,000. Squarepoint Ops LLC boosted its stake in shares of Lantronix by 52.7% during the 3rd quarter. Squarepoint Ops LLC now owns 19,283 shares of the technology company’s stock worth $88,000 after acquiring an additional 6,654 shares during the last quarter. Finally, Engineers Gate Manager LP grew its position in shares of Lantronix by 79.1% during the 4th quarter. Engineers Gate Manager LP now owns 20,964 shares of the technology company’s stock valued at $123,000 after acquiring an additional 9,256 shares during the period. Hedge funds and other institutional investors own 39.38% of the company’s stock.

Lantronix Company Profile

(Get Free Report)

Lantronix, Inc is a provider of secure data access and management solutions designed to simplify the deployment, monitoring and control of devices and equipment across a wide range of industries. Headquartered in Irvine, California, the company develops hardware and software products that enable connectivity for smart devices, industrial machinery, IT infrastructure and other systems in the Internet of Things (IoT) ecosystem.

Founded in 1989, Lantronix was among the early innovators in serial-to-Ethernet device networking and has since expanded its portfolio to include secure console servers, device servers, gateways and embedded modules.

Further Reading

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