Lantronix Inc (NASDAQ: LTRX) has reported earnings for its fourth fiscal quarter (ending June 30) of $0.01 versus a loss $-0.05 for the same period a year ago. This result fell short of the consensus estimate of $0.16 by $-0.14. For the latest four quarters through June 30, E.P.S. were $-0.12 versus $-0.25 for the same period a year ago.
Recent Price Action
Lantronix Inc (NASDAQ: LTRX) stock closed at $3.33 on 9/5/24 after a decline of -3.5%. Moreover, trading volume in this decline was above average at 148% of normal. The stock has declined -6.5% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LTRX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Lantronix has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Lantronix has a neutral Appreciation Score of 56 but a poor Power Rating of 17, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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