HC Wainwright Has Bearish Estimate for LPTH FY2025 Earnings

LightPath Technologies, Inc. (NASDAQ:LPTH) – Research analysts at HC Wainwright decreased their FY2025 EPS estimates for shares of LightPath Technologies in a research note issued on Tuesday, February 18th. HC Wainwright analyst S. Buck now expects that the technology company will post earnings per share of ($0.19) for the year, down from their previous forecast of ($0.16). HC Wainwright currently has a “Buy” rating and a $5.00 target price on the stock. The consensus estimate for LightPath Technologies’ current full-year earnings is ($0.15) per share. HC Wainwright also issued estimates for LightPath Technologies’ FY2026 earnings at ($0.08) EPS.

LightPath Technologies (NASDAQ:LPTH) last released its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). The company had revenue of $7.43 million during the quarter, compared to analysts’ expectations of $8.28 million. LightPath Technologies had a negative net margin of 28.57% and a negative return on equity of 31.13%.

LPTH has been the topic of a number of other reports. Lake Street Capital boosted their price objective on LightPath Technologies from $3.00 to $4.00 and gave the company a “buy” rating in a research note on Friday, December 27th. LADENBURG THALM/SH SH upped their price target on shares of LightPath Technologies from $3.00 to $5.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. Finally, StockNews.com lowered shares of LightPath Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, January 4th.

LightPath Technologies Stock Performance

NASDAQ:LPTH opened at $2.53 on Thursday. The company has a market capitalization of $101.60 million, a P/E ratio of -10.54 and a beta of 1.01. The business has a fifty day simple moving average of $3.15 and a two-hundred day simple moving average of $2.06. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.53 and a quick ratio of 0.90. LightPath Technologies has a 1 year low of $1.04 and a 1 year high of $4.42.

Institutional Trading of LightPath Technologies

Several institutional investors and hedge funds have recently bought and sold shares of LPTH. Crewe Advisors LLC bought a new position in shares of LightPath Technologies in the fourth quarter worth $28,000. Cubist Systematic Strategies LLC purchased a new stake in shares of LightPath Technologies in the 4th quarter valued at about $32,000. Millennium Management LLC bought a new stake in shares of LightPath Technologies during the 4th quarter valued at about $53,000. Legato Capital Management LLC purchased a new position in shares of LightPath Technologies during the fourth quarter worth about $83,000. Finally, J.W. Cole Advisors Inc. bought a new position in shares of LightPath Technologies in the fourth quarter worth approximately $87,000. 56.29% of the stock is currently owned by hedge funds and other institutional investors.

About LightPath Technologies

LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics.