FY2018 EPS Estimates for LightPath Technologies, Inc. (LPTH) Lowered by Dougherty & Co
LightPath Technologies, Inc. (NASDAQ:LPTH) – Research analysts at Dougherty & Co reduced their FY2018 earnings per share estimates for LightPath Technologies in a report released on Friday, September 14th. Dougherty & Co analyst C. Trebnick now expects that the technology company will post earnings of $0.04 per share for the year, down from their previous forecast of $0.10. Dougherty & Co has a “Hold” rating on the stock. Dougherty & Co also issued estimates for LightPath Technologies’ FY2019 earnings at $0.11 EPS.
LightPath Technologies (NASDAQ:LPTH) last posted its quarterly earnings results on Thursday, September 13th. The technology company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.04). LightPath Technologies had a return on equity of 26.31% and a net margin of 24.61%.
NASDAQ LPTH opened at $2.00 on Monday. LightPath Technologies has a 52 week low of $1.94 and a 52 week high of $4.10. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.47 and a current ratio of 3.66. The firm has a market cap of $54.81 million, a PE ratio of 5.26, a P/E/G ratio of 1.09 and a beta of -0.99.
LightPath Technologies Company Profile
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, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light.
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