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Lantronix, Inc. (LTRX)

NASDAQ: LTRX · IEX Real-Time Price · USD
7.24
+0.20 (2.84%)
After-hours:Oct 21, 2021 6:40 PM EDT
7.04
-0.14 (-1.95%)
At close: Oct 21, 4:00 PM
Market Cap209.38M
Revenue (ttm)71.48M
Net Income (ttm)-4.04M
Shares Out28.98M
EPS (ttm)-0.14
PE Ration/a
Forward PE16.92
Dividendn/a
Ex-Dividend Daten/a
Volume126,971
Open7.16
Previous Close7.18
Day's Range6.84 - 7.16
52-Week Range4.06 - 7.37
Beta1.98
AnalystsBuy
Price Target9.25 (+31.4%)
Est. Earnings DateOct 28, 2021

About LTRX

Lantronix, Inc. provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT Connectivity, 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, pro...

IndustryCommunications Equipment
IPO DateAug 4, 2000
Employees299
Stock ExchangeNASDAQ
Ticker SymbolLTRX
Full Company Profile

Financial Performance

In 2021, Lantronix's revenue was $71.48 million, an increase of 19.37% compared to the previous year's $59.88 million. Losses were -$4.04 million, -62.34% less than in 2020.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for Lantronix stock is "Buy." The 12-month stock price forecast is 9.25, which is an increase of 31.39% from the latest price.

Price Target
$9.25
(31.39% upside)
Analyst Consensus: Buy

News

4 Top Stocks to Buy on New Analyst Coverage

Increased analyst coverage over the past few weeks might lead to solid price appreciation for stocks like Braskem (BAK), Butterfield (NTB), Lantronix (LTRX) and JinkoSolar (JKS).

Other symbols:BAKJKSNTB
2 days ago - Zacks Investment Research

Lantronix Expands Engineering Services to EMEA with New Design Center in Germany

Provides engineering and custom design services to support the creation of innovative IoT solutions for EMEA customers Provides engineering and custom design services to support the creation of innovati...

2 weeks ago - GlobeNewsWire

Lantronix Expands Connectivity Services Solution IoT Cellular Data and Security Management

New eStore Features Easy, Self-Serve Ordering of SIM Cards, Data Plans, and Enterprise Site-To-Site VPN Security for Global and U.S. Customers New eStore Features Easy, Self-Serve Ordering of SIM Cards,...

2 weeks ago - GlobeNewsWire

Lantronix to Present in the 5th Annual Lake Street Capital Markets Big5 Best Ideas Growth Conference on Wednesday, Se...

IRVINE, Calif., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM) o...

1 month ago - GlobeNewsWire

Lantronix xPico 250 IoT Gateway Enables Secure Connected Healthcare Applications

Lantronix's IoT Technology Integral to Development of Point-of-Care Medical Diagnostic Devices Lantronix's IoT Technology Integral to Development of Point-of-Care Medical Diagnostic Devices

1 month ago - GlobeNewsWire

Why Are Lantronix's Shares Trading Higher Today?

Networking company Lantronix Inc (NASDAQ:LTRX) just posted its Q4 revenue of $20.6 million above the consensus of $19.3 million. Non-GAAP EPS of $0.06 beat the consensus of $0.05.

1 month ago - Benzinga

Lantronix, Inc. (LTRX) Tops Q4 Earnings and Revenue Estimates

Lantronix, Inc. (LTRX) delivered earnings and revenue surprises of 50.00% and 3.19%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Lantronix Reports Record Results for Fourth Quarter and Fiscal 2021

IRVINE, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), ...

1 month ago - GlobeNewsWire

Lantronix Brings Innovative Smart City and Intelligent Building Solutions to the BICSI 2021 Fall Conference & Exhibition

Formerly Transition Networks, Lantronix Showcases Smart Lighting and Security With New Secure Remote Access Solution Formerly Transition Networks, Lantronix Showcases Smart Lighting and Security With Ne...

2 months ago - GlobeNewsWire

3 Networking Stocks to Watch Amid Coronavirus-Induced Woes

The Zacks Computer - Networking industry players like CSCO, NTCT and LTRX are poised to benefit from accelerated 5G deployment, robust demand for network security and growing prominence of smart network...

2 months ago - Zacks Investment Research

Lantronix Announces Preliminary Revenue Results for Fourth Quarter of Fiscal 2021 with Final Results to be Reported o...

Presenting at the Oppenheimer 24th Annual Technology, Internet & Communications Conference August 10th Presenting at the Oppenheimer 24th Annual Technology, Internet & Communications Conference August 10th

2 months ago - GlobeNewsWire

Lantronix to Present at the Oppenheimer 24th Annual Technology, Internet & Communications Conference on Tuesday, Aug....

IRVINE, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Man...

2 months ago - GlobeNewsWire

Communications Systems Closes the Sale of its Transition Networks and Net2Edge Businesses to Lantronix

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), today announced that following CSI shareholder approval and satisfaction of other customary condi...

Other symbols:JCS
2 months ago - Business Wire

Lantronix Completes Acquisition of Electronics and Software Reportable Business Segment from Communications Systems, ...

IRVINE, Calif., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (“Lantronix”) (NASDAQ: LTRX), a global provider of Software as a Service (Saas), connectivity services, engineering services, intelligen...

2 months ago - GlobeNewsWire

Communications Systems' Special Meeting of Shareholders Approved the Sale of Its Transition Networks and Net2Edge Bus...

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), formerly an IoT intelligent edge products and services company, today announced that at its Speci...

Other symbols:JCS
2 months ago - Business Wire

Lantronix Wins IoT Evolution Product of the Year Award

Lantronix FOX3 Series Telematic Gateway delivers world-class connectivity for vehicle and equipment tracking and data logging Lantronix FOX3 Series Telematic Gateway delivers world-class connectivity fo...

3 months ago - GlobeNewsWire

Lantronix Names Jacques Issa as VP of Marketing

Industry Veteran Brings Over Thirty Years of Experience in Technology Marketing and Applications

3 months ago - GlobeNewsWire

Blazing Biotechs Highlight Stocks Trading Under $10 With Massive Upside Potential

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Other symbols:ARCOAXLAJAGXNMTR
3 months ago - 24/7 Wall Street

Lantronix Drives Development of Smart Industrial Solutions That Increase Safety and Efficiency

Lantronix powers Artificial Intelligence of Things (AIoT) in industrial IoT products, including smart hardhats and augmented reality glasses Lantronix powers Artificial Intelligence of Things (AIoT) in ...

4 months ago - GlobeNewsWire

Lantronix Announces Expanded Relationship with Insight Enterprises, Now Offering Full Range of Products

Insight to offer Lantronix's expanded range of integrated hardware, software and service solutions for Remote Environment Management and Edge Computing Insight to offer Lantronix's expanded range of int...

4 months ago - GlobeNewsWire

Lantronix Fox3 Telematics Gateway Drives LACOS Farm Equipment Telemetry

Case Study: Lantronix Fox3 Series Telematics Gateway Case Study: Lantronix Fox3 Series Telematics Gateway

4 months ago - GlobeNewsWire

Lantronix Empowers Whisper to Reimagine Hearing With AI Hearing System

Case Study: Lantronix Open-Q 820 µSOM Case Study: Lantronix Open-Q 820 µSOM

5 months ago - GlobeNewsWire

Lantronix, Inc. (LTRX) Soars 8.6%: Is Further Upside Left in the Stock?

Lantronix, Inc. (LTRX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increa...

5 months ago - Zacks Investment Research

CORRECTING and REPLACING - Lantronix Announces Definitive Agreement to Acquire Electronics and Software Reportable Bu...

IRVINE, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Lantronix (NASDAQ: LTRX), please note that the timespan in the third bullet has been chang...

5 months ago - GlobeNewsWire

CORRECTING and REPLACING -- Lantronix Reports Third Quarter Fiscal 2021 Results

IRVINE, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- In a release issued earlier today by Lantronix, Inc. (NASDAQ: LTRX), please note the first bullet point after the headline should read "Third Quarter N...

5 months ago - GlobeNewsWire