Lantronix (NASDAQ:LTRX – Get Free Report) issued its quarterly earnings data on Thursday. The technology company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.13), Zacks reports. Lantronix had a negative return on equity of 2.91% and a negative net margin of 3.17%. Lantronix updated its Q3 2025 guidance to 0.010-0.050 EPS.
Lantronix Stock Performance
Shares of NASDAQ:LTRX traded up $0.01 on Thursday, reaching $4.20. 553,604 shares of the company’s stock were exchanged, compared to its average volume of 376,002. The company has a market capitalization of $161.57 million, a price-to-earnings ratio of -30.00 and a beta of 1.94. 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 company has a fifty day moving average of $3.71 and a 200-day moving average of $3.70. Lantronix has a twelve month low of $2.48 and a twelve month high of $5.97.
Analyst Ratings Changes
A number of research analysts have weighed in on LTRX shares. Canaccord Genuity Group cut 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. StockNews.com cut Lantronix from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $5.50 price target on shares of Lantronix in a report on Tuesday, January 21st. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Lantronix currently has a consensus rating of “Buy” and an average price target of $6.50.
Insider Activity
In related news, Director Hoshi Printer purchased 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was acquired at an average price of $2.90 per share, with a total value of $43,500.00. Following the completion of the purchase, the director now directly owns 176,075 shares in the company, valued at $510,617.50. This trade represents a 9.31 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Saleel Awsare acquired 80,000 shares of Lantronix stock in a transaction on Wednesday, November 13th. The shares were purchased at an average price of $2.66 per share, for a total transaction of $212,800.00. Following the completion of the purchase, the chief executive officer now directly owns 233,184 shares of the company’s stock, valued at approximately $620,269.44. This represents 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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