Alert: Negative Investment/Fundamental Signals (2/26/24)-Lantronix Inc (NASDAQ: LTRX)

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Lantronix Inc (NASDAQ: LTRX) suffers from meaningful negative changes in fundamentals: the consensus estimate for June, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for June, 2025 decreased significantly.

Extremely significant negative changes in Lantronix Inc (NASDAQ: LTRX) investment behavior have recently occurred: its longer term price trend turned down, and negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

LTRX is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Lantronix has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Lantronix has a neutral Appreciation Score of 48 but a good Power Rating of 77, producing the High Neutral Value Trend Rating.

Recent Price Action

Lantronix Inc (NASDAQ: LTRX) stock closed at $4.11 on 2/26/24 after a modest gain of 0.5%. However, trading volume in this advance was unusually low at 64% of normal. The stock has declined -2.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

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