Lantronix, Inc. (NASDAQ:LTRX) Receives Consensus Rating of “Moderate Buy” from Analysts

Lantronix, Inc. (NASDAQ:LTRX) has been given an average recommendation of “Moderate Buy” by the five analysts that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $7.3750.

Several research analysts have commented on LTRX shares. Craig Hallum restated a “buy” rating and set a $10.00 price objective on shares of Lantronix in a report on Thursday, February 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Lantronix in a research note on Thursday, January 22nd. Needham & Company LLC upped their price objective on shares of Lantronix from $7.50 to $8.50 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Wall Street Zen raised shares of Lantronix from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Finally, Lake Street Capital boosted their price target on shares of Lantronix from $6.00 to $8.00 and gave the company a “buy” rating in a report on Thursday, December 11th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. GWN Securities Inc. bought a new stake in Lantronix during the fourth quarter valued at about $332,000. O Shaughnessy Asset Management LLC raised its holdings in Lantronix by 113.4% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 176,026 shares of the technology company’s stock worth $1,032,000 after purchasing an additional 93,545 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Lantronix during the fourth quarter valued at about $148,000. Goldman Sachs Group Inc. boosted its holdings in shares of Lantronix by 19.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 204,188 shares of the technology company’s stock valued at $1,197,000 after buying an additional 32,984 shares in the last quarter. Finally, Hillsdale Investment Management Inc. purchased a new position in shares of Lantronix in the 4th quarter worth approximately $331,000. 39.38% of the stock is currently owned by hedge funds and other institutional investors.

Lantronix Price Performance

LTRX opened at $5.75 on Thursday. The business has a fifty day moving average of $6.17 and a 200 day moving average of $5.05. The stock has a market cap of $228.22 million, a P/E ratio of -23.96 and a beta of 1.51. The company has a quick ratio of 1.79, a current ratio of 2.75 and a debt-to-equity ratio of 0.13. Lantronix has a 52-week low of $1.91 and a 52-week high of $8.24.

Lantronix (NASDAQ:LTRX) last released its earnings results on Wednesday, February 4th. The technology company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. The business had revenue of $29.77 million during the quarter, compared to the consensus estimate of $29.94 million. Lantronix had a negative return on equity of 10.37% and a negative net margin of 7.90%.Lantronix has set its Q3 2026 guidance at 0.030-0.060 EPS. As a group, sell-side analysts anticipate that Lantronix will post -0.23 EPS for the current year.

Lantronix Company Profile

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.