Lantronix (NASDAQ:LTRX) Issues Q1 2027 Earnings Guidance

Lantronix (NASDAQ:LTRX) updated its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share 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.

Wall Street Analyst Weigh In

LTRX has been the subject of several analyst reports. JonesTrading initiated coverage on shares of Lantronix in a report on Wednesday, July 15th. They issued a “buy” rating and a $12.00 price target for the company. Wall Street Zen lowered Lantronix from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Needham & Company LLC began coverage on Lantronix in a research report on Friday, June 12th. They set a “buy” rating and a $11.00 target price for the company. UBS Group restated a “buy” rating on shares of Lantronix in a research note on Friday, June 12th. Finally, Canaccord Genuity Group raised their price target on Lantronix from $10.50 to $11.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Six analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.40.

Lantronix Price Performance

LTRX stock traded down $0.20 during mid-day trading on Wednesday, hitting $5.66. 1,777,666 shares of the stock were exchanged, compared to its average volume of 1,007,639. The business has a fifty day moving average price of $5.76 and a 200 day moving average price of $6.05. Lantronix has a 12 month low of $3.58 and a 12 month high of $8.75. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.74 and a quick ratio of 1.80. The stock has a market capitalization of $248.93 million, a price-to-earnings ratio of -33.29 and a beta of 1.70.

Lantronix (NASDAQ:LTRX) last announced its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. The firm had revenue of $31.15 million for the quarter, compared to analyst estimates 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. On average, sell-side analysts anticipate that Lantronix will post -0.11 EPS for the current year.

Institutional Inflows and Outflows

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

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.