Lantronix (NASDAQ:LTRX) Releases Q1 2027 Earnings Guidance

Lantronix (NASDAQ:LTRX) issued an update on its first quarter 2027 earnings guidance on Wednesday. The company provided EPS 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 a number of recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $11.00 price target on shares of Lantronix in a report on Thursday. JonesTrading initiated coverage on Lantronix in a research note on Wednesday, July 15th. They set a “buy” rating and a $12.00 target price for the company. UBS Group restated a “buy” rating on shares of Lantronix in a report on Friday, June 12th. Canaccord Genuity Group raised their price objective on Lantronix from $10.50 to $11.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, Wall Street Zen cut Lantronix from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Six research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $10.40.

Lantronix Stock Performance

Shares of LTRX stock opened at $6.03 on Friday. The stock has a market capitalization of $265.22 million, a PE ratio of -54.82 and a beta of 1.70. Lantronix has a 52-week low of $3.86 and a 52-week high of $8.75. The stock’s 50-day moving average price is $5.73 and its 200 day moving average price is $6.05. The company has a quick ratio of 1.80, a current ratio of 2.74 and a debt-to-equity ratio of 0.12.

Lantronix (NASDAQ:LTRX) last released its quarterly earnings results on Wednesday, August 26th. The technology company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The business had revenue of $31.15 million during the quarter, compared to analysts’ expectations of $30.69 million. Lantronix had a negative return on equity of 5.62% and a negative net margin of 3.46%.Lantronix has set its Q1 2027 guidance at 0.040-0.060 EPS. As a group, equities research analysts forecast that Lantronix will post 0.09 EPS for the current year.

Institutional Investors Weigh In On Lantronix

A number of institutional investors and hedge funds have recently modified their holdings of LTRX. Jane Street Group LLC increased its stake in Lantronix by 19.7% in the 1st quarter. Jane Street Group LLC now owns 71,293 shares of the technology company’s stock valued at $178,000 after purchasing an additional 11,728 shares in the last quarter. XTX Topco Ltd purchased a new stake in Lantronix during the second quarter worth $86,000. Marshall Wace LLP grew its holdings in Lantronix by 10.6% in the second quarter. Marshall Wace LLP now owns 446,164 shares of the technology company’s stock valued at $1,280,000 after purchasing an additional 42,838 shares during the last quarter. Manatuck Hill Partners LLC acquired a new stake in Lantronix in the second quarter valued at $302,000. Finally, Vanguard Group Inc. increased its position in shares of Lantronix by 2.8% in the third quarter. Vanguard Group Inc. now owns 1,486,791 shares of the technology company’s stock valued at $6,795,000 after buying an additional 40,890 shares in the last quarter. Institutional investors and hedge funds own 39.38% of the company’s stock.

About Lantronix

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.