Lightpath Technologies Stock Analysis
| LPTH Stock | USD 1.44 0.03 2.04% |
LightPath Technologies is undervalued with Real Value of 1.78 and Target Price of 3.0. The main objective of LightPath Technologies stock analysis is to determine its intrinsic value, which is an estimate of what LightPath Technologies is worth, separate from its market price. There are two main types of LightPath Technologies' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect LightPath Technologies' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of LightPath Technologies' stock to identify patterns and trends that may indicate its future price movements.
The LightPath Technologies stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. LightPath Technologies is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. LightPath Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and LightPath Technologies' ongoing operational relationships across important fundamental and technical indicators.
LightPath |
LightPath Stock Analysis Notes
About 49.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.73. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. LightPath Technologies recorded a loss per share of 0.13. The entity had not issued any dividends in recent years. The firm had 1:8 split on the 4th of March 2003. LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida. Lightpath Tech operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 329 people. To find out more about LightPath Technologies contact James Gaynor at 407 382 4003 or learn more at https://www.lightpath.com.LightPath Technologies Quarterly Total Revenue |
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LightPath Technologies Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. LightPath Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding LightPath Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| LightPath Technologies may become a speculative penny stock | |
| LightPath Technologies had very high historical volatility over the last 90 days | |
| LightPath Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 32.93 M. Net Loss for the year was (4.05 M) with profit before overhead, payroll, taxes, and interest of 11.07 M. | |
| LightPath Technologies currently holds about 5.51 M in cash with (2.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2. | |
| LightPath Technologies has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: LightPath Technologies to Attend SPIE Defense Commercial Sensing 2024 on April 21-25, 2024 |
LightPath Technologies Upcoming and Recent Events
Earnings reports are used by LightPath Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to LightPath Technologies previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
LightPath Largest EPS Surprises
Earnings surprises can significantly impact LightPath Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2013-11-07 | 2013-09-30 | -0.01 | -0.0059 | 0.0041 | 41 | ||
2024-02-08 | 2023-12-31 | -0.04 | -0.05 | -0.01 | 25 | ||
2023-11-09 | 2023-09-30 | -0.03 | -0.04 | -0.01 | 33 |
LightPath Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as LightPath Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading LightPath Technologies backward and forwards among themselves. LightPath Technologies' institutional investor refers to the entity that pools money to purchase LightPath Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Blackrock Inc | 2023-12-31 | 281.5 K | Essex Investment Management Company, Llc | 2023-12-31 | 168.6 K | National Asset Management Inc | 2023-12-31 | 111.8 K | State Street Corporation | 2023-12-31 | 94.7 K | Aristides Capital Llc | 2023-12-31 | 61 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 54.5 K | Northern Trust Corp | 2023-12-31 | 51.2 K | Murphy Pohlad Asset Management Llc | 2023-12-31 | 46 K | Commonwealth Equity Services Inc | 2023-12-31 | 32.5 K | Aigh Capital Management, Llc | 2023-12-31 | 3.7 M | Amh Equity Ltd | 2023-12-31 | 2.8 M |
LightPath Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 56.86 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate LightPath Technologies's market, we take the total number of its shares issued and multiply it by LightPath Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.LightPath Profitablity
LightPath Technologies' profitability indicators refer to fundamental financial ratios that showcase LightPath Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, LightPath Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, LightPath Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of LightPath Technologies' profitability requires more research than a typical breakdown of LightPath Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.15) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.24) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.24. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.08) | (0.09) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.07) | (0.07) | |
| Return On Equity | (0.10) | (0.11) |
Management Efficiency
LightPath Technologies has return on total asset (ROA) of (0.0603) % which means that it has lost $0.0603 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1625) %, meaning that it created substantial loss on money invested by shareholders. LightPath Technologies' management efficiency ratios could be used to measure how well LightPath Technologies manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.09. The current Return On Capital Employed is estimated to decrease to -0.07. As of now, LightPath Technologies' Other Assets are decreasing as compared to previous years. The LightPath Technologies' current Debt To Assets is estimated to increase to 0.22, while Other Current Assets are projected to decrease to under 454.4 K.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.31 | 1.24 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 0.97 | 0.92 | |
| Enterprise Value Over EBITDA | (104.68) | (99.45) | |
| Price Book Value Ratio | 1.37 | 1.30 | |
| Enterprise Value Multiple | (104.68) | (99.45) | |
| Price Fair Value | 1.37 | 1.30 | |
| Enterprise Value | 45.4 M | 25.6 M |
The analysis of LightPath Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze LightPath Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of LightPath Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.438 |
Technical Drivers
As of the 19th of April, LightPath Technologies secures the Mean Deviation of 2.52, downside deviation of 3.19, and Risk Adjusted Performance of 0.0522. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of LightPath Technologies, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for LightPath Technologies, which can be compared to its peers in the industry. Please verify LightPath Technologies information ratio, as well as the relationship between the potential upside and kurtosis to decide if LightPath Technologies is priced some-what accurately, providing market reflects its recent price of 1.44 per share. Please also check out LightPath Technologies total risk alpha, which is currently at (0.09) to check the company can sustain itself at a future point.LightPath Technologies Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. LightPath Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for LightPath Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
LightPath Technologies Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific LightPath Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on LightPath Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases LightPath Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Robert Ripp over three weeks ago Acquisition by Robert Ripp of 419176 shares of LightPath Technologies subject to Rule 16b-3 | ||
Shmuel Rubin over a month ago Acquisition by Shmuel Rubin of 35761 shares of LightPath Technologies subject to Rule 16b-3 |
LightPath Technologies Predictive Daily Indicators
LightPath Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of LightPath Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
LightPath Technologies Forecast Models
LightPath Technologies' time-series forecasting models are one of many LightPath Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary LightPath Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About LightPath Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how LightPath Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling LightPath shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as LightPath Technologies. By using and applying LightPath Stock analysis, traders can create a robust methodology for identifying LightPath entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.10) | (0.11) | |
| Operating Profit Margin | (0.1) | (0.10) | |
| Net Loss | (0.11) | (0.12) | |
| Gross Profit Margin | 0.39 | 0.41 |
Current LightPath Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. LightPath analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. LightPath analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 3.0 | Strong Buy | 4 | Odds |
Most LightPath analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand LightPath stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of LightPath Technologies, talking to its executives and customers, or listening to LightPath conference calls.
LightPath Stock Analysis Indicators
LightPath Technologies stock analysis indicators help investors evaluate how LightPath Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading LightPath Technologies shares will generate the highest return on investment. By understating and applying LightPath Technologies stock analysis, traders can identify LightPath Technologies position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 5.5 M | |
| Long Term Debt | 1.6 M | |
| Common Stock Shares Outstanding | 31.6 M | |
| Total Stockholder Equity | 36 M | |
| Total Cashflows From Investing Activities | -2.9 M | |
| Tax Provision | 234 K | |
| Quarterly Earnings Growth Y O Y | 49.113 | |
| Property Plant And Equipment Net | 22.4 M | |
| Cash And Short Term Investments | 4.7 M | |
| Cash | 4.7 M | |
| Accounts Payable | 2.6 M | |
| Net Debt | 7.7 M | |
| 50 Day M A | 1.5044 | |
| Total Current Liabilities | 6.8 M | |
| Other Operating Expenses | 36.6 M | |
| Non Current Assets Total | 31.8 M | |
| Forward Price Earnings | 217.3913 | |
| Non Currrent Assets Other | 65.9 K | |
| Stock Based Compensation | 1.3 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightPath Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for LightPath Stock analysis
When running LightPath Technologies' price analysis, check to measure LightPath Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LightPath Technologies is operating at the current time. Most of LightPath Technologies' value examination focuses on studying past and present price action to predict the probability of LightPath Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LightPath Technologies' price. Additionally, you may evaluate how the addition of LightPath Technologies to your portfolios can decrease your overall portfolio volatility.
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Is LightPath Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LightPath Technologies. If investors know LightPath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LightPath Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 49.113 | Earnings Share (0.13) | Revenue Per Share 0.883 | Quarterly Revenue Growth (0.14) | Return On Assets (0.06) |
The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.