Lantronix (NASDAQ:LTRX) Releases 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.

Lantronix Price Performance

NASDAQ LTRX opened at $5.66 on Thursday. The stock has a 50-day simple moving average of $5.74 and a 200 day simple moving average of $6.05. Lantronix has a twelve month low of $3.58 and a twelve month high of $8.75. The stock has a market capitalization of $248.93 million, a PE ratio of -33.29 and a beta of 1.70. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.80 and a current ratio of 2.74.

Lantronix (NASDAQ:LTRX) last posted its earnings results on Wednesday, August 26th. The technology company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. Lantronix had a negative return on equity of 6.79% and a negative net margin of 5.52%.The firm had revenue of $31.15 million for the quarter, compared to analyst estimates of $30.69 million. Lantronix has set its Q1 2027 guidance at 0.040-0.060 EPS. Research analysts anticipate that Lantronix will post -0.11 EPS for the current year.

Wall Street Analyst Weigh In

LTRX has been the topic of several research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lantronix in a research report on Friday, July 17th. Needham & Company LLC began coverage on Lantronix in a report on Friday, June 12th. They set a “buy” rating and a $11.00 target price on the stock. UBS Group restated a “buy” rating on shares of Lantronix in a research report on Friday, June 12th. Wall Street Zen cut Lantronix from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, JonesTrading started coverage on Lantronix in a research note on Wednesday, July 15th. They issued a “buy” rating and a $12.00 price objective on the stock. Six research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Lantronix currently has an average rating of “Moderate Buy” and a consensus target price of $10.40.

Hedge Funds Weigh In On Lantronix

Large investors have recently added to or reduced their stakes in the business. Invesco Ltd. purchased a new position in Lantronix during the 4th quarter valued at about $68,000. Bridgeway Capital Management LLC purchased a new position in shares of Lantronix during the third quarter valued at approximately $85,000. XTX Topco Ltd bought a new stake in shares of Lantronix in the 2nd quarter worth approximately $86,000. Balyasny Asset Management L.P. purchased a new stake in shares of Lantronix in the 4th quarter worth approximately $86,000. Finally, Squarepoint Ops LLC grew its stake in shares of 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 buying an additional 6,654 shares during the last quarter. Hedge funds and other institutional investors own 39.38% of the company’s stock.

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.