Lantronix: A Great Bet In The Long Term

Nov. 29, 2023 2:59 AM ETLantronix, Inc. (LTRX) Stock2 Comments1 Like
Mayank N. Sharma profile picture
Mayank N. Sharma
560 Followers

Summary

  • Lantronix, Inc. is experiencing a surge in demand for IoT system solutions, which could result in better-than-expected FY24 numbers.
  • The company's Q1 FY24 results showed significant revenue growth in the IoT System Solutions segment.
  • LTRX is trading at a discount compared to the sector median P/E and has strong future revenue growth potential.

Jae Young Ju

Investment Thesis

Lantronix, Inc. (NASDAQ:LTRX) is an American IoT systems solution provider headquartered in Irvine, California. In this thesis, I will be analyzing its first quarter results and its future growth prospects. I will also be looking at its valuation at current price

Recommended For You

Create a free account to read the full article

Gain access to the world’s leading investment community.

Already registered?

By creating an account using any of the options above, you agree to the Terms of Use & Privacy Policy
or

About LTRX Stock

SymbolLast Price% Chg
LTRX
3.452.99%
Post3.41-1.16%
Created with Highcharts 11.2.0Sep '23Dec '23Apr '24Jul '242468
Market Cap
$125.89M
PE (FWD)
8.47
Yield
-
Rev Growth (YoY)
10.56%
Short Interest
2.44%
Prev. Close
$3.35
Compare to Peers

More on LTRX

Trending Analysis

See All Analysis »

Trending News

See All News »