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RK Capital Management LLC cut its stake in Lantronix, Inc. (NASDAQ:LTRX – Free Report) by 5.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 842,200 shares of the technology company’s stock after selling 45,100 shares during the quarter. RK Capital […]

StockNews.com upgraded shares of Lantronix (NASDAQ:LTRX – Free Report) from a buy rating to a strong-buy rating in a research report sent to investors on Saturday morning. A number of other brokerages have also weighed in on LTRX. Craig Hallum decreased their price objective on Lantronix from $7.00 to $6.00 and set a buy rating […]

Lantronix (NASDAQ:LTRX – Get Free Report) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday. Several other research analysts have also commented on the stock. Needham & Company LLC reissued a “buy” rating and issued a $7.00 price objective on shares of Lantronix in […]

Lantronix, Inc. (NASDAQ:LTRX – Get Free Report) saw a large increase in short interest in April. As of April 30th, there was short interest totalling 243,500 shares, an increase of 7.0% from the April 15th total of 227,600 shares. Based on an average daily trading volume, of 358,200 shares, the days-to-cover ratio is currently 0.7 […]

Lantronix (NASDAQ:LTRX – Free Report) had its price objective decreased by Craig Hallum from $7.00 to $6.00 in a report issued on Tuesday, Benzinga reports. Craig Hallum currently has a buy rating on the technology company’s stock. Other research analysts also recently issued reports about the company. Lake Street Capital cut their price objective on […]

Needham & Company LLC reissued their buy rating on shares of Lantronix (NASDAQ:LTRX – Free Report) in a research report sent to investors on Tuesday morning, Benzinga reports. They currently have a $7.00 price objective on the technology company’s stock. Several other equities research analysts also recently weighed in on the stock. Roth Mkm reiterated […]

Lantronix (NASDAQ:LTRX – Get Free Report) updated its fourth quarter 2024 earnings guidance on Monday. The company provided earnings per share guidance of 0.120-0.180 for the period, compared to the consensus earnings per share estimate of 0.160. The company issued revenue guidance of $46.5 million-$51.5 million, compared to the consensus revenue estimate of $50.0 million. […]

Lantronix (NASDAQ:LTRX – Get Free Report) updated its fourth quarter 2024 earnings guidance on Monday. The company provided EPS guidance of 0.120-0.180 for the period, compared to the consensus EPS estimate of 0.160. The company issued revenue guidance of $46.5 million-$51.5 million, compared to the consensus revenue estimate of $50.0 million. Wall Street Analysts Forecast […]

Lantronix (NASDAQ:LTRX – Get Free Report) issued an update on its fourth quarter 2024 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.120-0.180 for the period, compared to the consensus estimate of 0.160. The company issued revenue guidance of $46.5 million-$51.5 million, compared to the consensus revenue estimate of […]

Lantronix, Inc. (NASDAQ:LTRX – Get Free Report) has earned an average recommendation of “Buy” from the four analysts that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a buy rating. The average 12 month price target among brokers that have issued a report on the stock in the […]