Lantronix Inc [NASDAQ: LTRX] gained 25.34% or 0.94 points to close at $4.65 with a heavy trading volume of 3667025 shares.
It opened the trading session at $3.86, the shares rose to $4.69 and dropped to $3.86, the range by which the price of stock traded the whole day. The daily chart for LTRX points out that the company has recorded 78.85% gains over the past six months.
If we look at the average trading volume of 296.33K shares, LTRX reached to a volume of 3667025 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Lantronix Inc [LTRX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LTRX shares is $5.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LTRX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Canaccord Genuity have made an estimate for Lantronix Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 11, 2024. While these analysts kept the previous recommendation, Needham dropped their target price from $8.50 to $7. The new note on the price target was released on March 12, 2024, representing the official price target for Lantronix Inc stock. Previously, the target price had yet another drop from $8.50 to $7, while Needham kept a Buy rating on LTRX stock.
The Price to Book ratio for the last quarter was 2.44, with the Price to Cash per share for the same quarter was set at 0.52. Price to Free Cash Flow for LTRX in the course of the last twelve months was 22.63 with Quick ratio for the last quarter at 1.68.
Trading performance analysis for LTRX stock
Lantronix Inc [LTRX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 35.17. With this latest performance, LTRX shares gained by 46.69% in over the last four-week period, additionally plugging by 78.85% over the last 6 months – not to mention a rise of 12.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LTRX stock in for the last two-week period is set at 82.21, with the RSI for the last a single of trading hit 0.31, and the three-weeks RSI is set at 0.24 for Lantronix Inc [LTRX]. The present Moving Average for the last 50 days of trading for this stock 3.11, while it was recorded at 3.83 for the last single week of trading, and 2.93 for the last 200 days.
Lantronix Inc [LTRX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Lantronix Inc [LTRX] shares currently have an operating margin of -5.80% and a Gross Margin at 37.80%. Lantronix Inc’s Net Margin is presently recorded at -9.25%.
Lantronix Inc (LTRX) Capital Structure & Debt Analysis
According to recent financial data for Lantronix Inc. ( LTRX), the Return on Equity (ROE) stands at -14.61%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -8.75%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Lantronix Inc’s Return on Invested Capital (ROIC) is -13.69%, showcasing its effectiveness in deploying capital for earnings.
Lantronix Inc (LTRX) Efficiency & Liquidity Metrics
Based on Lantronix Inc’s (LTRX) latest financial statements, the Debt-to-Equity Ratio is 0.16%, indicating its reliance on debt financing relative to shareholder equity.
Lantronix Inc (LTRX) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Lantronix Inc. (LTRX) effectively leverages its workforce, generating an average of -$30482.57 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.54% and a Quick Ratio of 1.68%, indicating strong ability to cover short-term liabilities.
Lantronix Inc [LTRX]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Lantronix Inc posted 0.06/share EPS, while the average EPS was predicted by analysts to be reported at 0.09/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.03. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LTRX.
An analysis of Institutional ownership at Lantronix Inc [LTRX]
There are presently around $29.68%, or 40.07%% of LTRX stock, in the hands of institutional investors. The top three institutional holders of LTRX stocks are: VANGUARD GROUP INC with ownership of 1.43 million shares, which is approximately 3.8113%. AMH EQUITY LTD, holding 1.27 million shares of the stock with an approximate value of $$4.52 million in LTRX stocks shares; and AMH EQUITY LTD, currently with $$3.63 million in LTRX stock with ownership which is approximately 2.7252%.
