Lantronix (NASDAQ:LTRX) Stock Rating Lowered by Wall Street Zen

Lantronix (NASDAQ:LTRX) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other analysts have also commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Lantronix in a research report on Wednesday, October 8th. Lake Street Capital boosted their price target on shares of Lantronix from $6.00 to $8.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Finally, Needham & Company LLC increased their price objective on shares of Lantronix from $5.50 to $7.50 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Lantronix currently has an average rating of “Moderate Buy” and a consensus price target of $6.17.

Lantronix Stock Performance

Shares of Lantronix stock opened at $6.15 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.01 and a quick ratio of 1.93. The firm has a market cap of $242.06 million, a price-to-earnings ratio of -22.78 and a beta of 1.50. The stock’s 50-day moving average is $5.32 and its 200-day moving average is $4.38. Lantronix has a one year low of $1.91 and a one year high of $6.75.

Lantronix (NASDAQ:LTRX) last posted its quarterly earnings data on Wednesday, November 5th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $29.79 million during the quarter, compared to the consensus estimate of $29.55 million. Lantronix had a negative return on equity of 11.63% and a negative net margin of 8.68%.Lantronix has set its Q2 2026 guidance at 0.020-0.04 EPS. Equities analysts predict that Lantronix will post -0.23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LTRX. American Century Companies Inc. raised its holdings in shares of Lantronix by 23.6% in the 1st quarter. American Century Companies Inc. now owns 54,318 shares of the technology company’s stock valued at $135,000 after purchasing an additional 10,381 shares during the period. Jane Street Group LLC grew its holdings in Lantronix by 19.7% during the first quarter. Jane Street Group LLC now owns 71,293 shares of the technology company’s stock worth $178,000 after purchasing an additional 11,728 shares during the period. Atria Wealth Solutions Inc. acquired a new position in Lantronix during the second quarter worth approximately $60,000. R Squared Ltd bought a new stake in Lantronix in the second quarter valued at approximately $32,000. Finally, AMH Equity Ltd lifted its position in shares of Lantronix by 24.5% in the second quarter. AMH Equity Ltd now owns 250,000 shares of the technology company’s stock valued at $718,000 after buying an additional 49,219 shares during the last quarter. 39.38% of the stock is currently owned by institutional investors and hedge funds.

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.