How to Buy Lantronix Stock
Lantronix Inc
Lantronix, Inc. provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan.
Lantronix stock last closed at $3.47, up 0.29% from the previous day, and has decreased 49.93% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.56 percentage points. Lantronix stock is currently +39.64% from its 52-week low of $2.49, and -49.93% from its 52-week high of $6.93.
There are currently 38.48M LTRX shares outstanding. The market cap of LTRX is $133.51M. In the last 24 hours, 352,365 LTRX shares were traded.
How to Buy Lantronix Stock
Not sure how to invest in Lantronix stock? Here's how.
- Choose where to buy Lantronix stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Lantronix stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your details.
- Evaluate Lantronix stock: The Lantronix ticker symbol is LTRX. Is Lantronix stock a good investment? Should you buy shares of LTRX? How do LTRX's underlying business fundamentals look? Do top analysts think Lantronix is a good buy? Why has LTRX's stock price moved recently? (Hint: Our stock market analysis website can help you understand if LTRX is a good stock to buy).
- Execute your LTRX buy order: Decide if you will purchase LTRX shares at the current market price or use a limit order to buy LTRX stock at a specific price.
- Get notifications regarding your LTRX investment: Create a watchlist to monitor your new investment in Lantronix stock.
Step 1: Choose where to buy Lantronix stock
You need an online brokerage account in order to access the NASDAQ market and buy LTRX stock.
Our favorite brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can buy LTRX stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Watch the video below if you need help depositing funds into your new investment account.
Step 4: Evaluate Lantronix stock
After you have identified the best place to buy Lantronix stock, it's absolutely critical to evaluate their stock before you invest, so you truly wrap your head around the risk as well as the upside.
Lantronix Numbers
LTRX Due Diligence Score
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on LTRX's stock page.
Is LTRX stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LTRX's intrinsic value.
Using relative valuations ratios:
- LTRX could be undervalued based on its P/B ratio of 1.69x, relative to Communication Equipment industry P/B ratio of 3.66x
You can do more valuation analysis on LTRX's stock here.
LTRX Financial Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the LTRX balance sheet.
- There are more short-term assets than long-term liabilities on the LTRX balance sheet.
- LTRX's operating cash flow of $13.79M allows it to safely service it's debt of $15.47M.
- LTRX profit margin has gone up from -7% to -3.2% in the past year.
Negative Financial Indicators:
- LTRX earnings of -$3.47M is not sufficient to cover its interest payments.
- LTRX has a relatively high debt to equity ratio of 0.75.
- Total LTRX debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy LTRX stock
Out of 2 Wall Street analysts who give forecasts on LTRX, the consensus analyst rating on LTRX is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Lantronix stock forecast page.
LTRX Trading Indicators
LTRX Performance Numbers
Last year, LTRX revenue was $161.72M. During the last 5 year, LTRX's revenue has increased by 27.85% per year. This was faster than the Communication Equipment industry average of 6.2%.
Learn more about LTRX's earnings and revenue performance here.
Who is buying/selling LTRX?
In the last 12 months, insiders at LTRX have sold more shares than they have bought.
Brent Michael Stringham, Chief Acctg Ofcr Interim CFO of LTRX, was the latest LTRX insider to sell. They sold $2,031.00 worth of LTRX shares on Dec 1, 2024.
Dig into more about who owns LTRX stock here.
Can I rely on LTRX as an income stream?
No, Lantronix doesn't provide an income stream by paying out dividends.
What others are saying about LTRX
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your LTRX buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Press the Open button and your broker will execute your order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your LTRX investment
Now that you own some LTRX shares, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to get alerted to the latest events about your LTRX stock.
LTRX Feed
How to Buy Stock in Lantronix
To reiterate, here are the 6 steps to buy Lantronix stock:
- Choose where to buy Lantronix stock
- Create your brokerage account
- Fund your brokerage account
- Evaluate Lantronix stock
- Execute your LTRX buy order
- Get notifications regarding your LTRX investment
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Lantronix, get started below.
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