LightPath Technologies (LPTH) Getting Somewhat Favorable News Coverage, Analysis Finds
News articles about LightPath Technologies (NASDAQ:LPTH) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LightPath Technologies earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 47.5611665171083 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Analyzing TearLab (TEAR) & LightPath Technologies (LPTH) (americanbankingnews.com)
- Financial Analysis: TearLab (TEAR) and LightPath Technologies (LPTH) (americanbankingnews.com)
- TearLab (TEAR) vs. LightPath Technologies (LPTH) Financial Analysis (americanbankingnews.com)
- Comparing LightPath Technologies (LPTH) and TearLab (TEAR) (americanbankingnews.com)
- LightPath Technologies Expands Manufacturing Facility in Latvia to Accommodate Continued Growth for Infrared Products (finance.yahoo.com)
Several brokerages have recently weighed in on LPTH. ValuEngine upgraded shares of LightPath Technologies from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of LightPath Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, November 14th. Finally, Dougherty & Co reiterated a “buy” rating and set a $3.10 price target on shares of LightPath Technologies in a research note on Friday, October 6th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $2.80.
LightPath Technologies (LPTH) traded down $0.06 on Tuesday, hitting $2.39. 260,400 shares of the company were exchanged, compared to its average volume of 347,042. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.29 and a current ratio of 3.18. LightPath Technologies has a 52 week low of $1.21 and a 52 week high of $4.10. The stock has a market cap of $60.12, a PE ratio of 7.42, a price-to-earnings-growth ratio of 1.56 and a beta of -0.66.
LightPath Technologies (NASDAQ:LPTH) last released its earnings results on Thursday, September 14th. The technology company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.20. LightPath Technologies had a net margin of 25.13% and a return on equity of 31.44%. The company had revenue of $9.01 million for the quarter, compared to analysts’ expectations of $8.75 million. equities research analysts anticipate that LightPath Technologies will post 0.11 EPS for the current year.
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About LightPath Technologies
LightPath Technologies, Inc is a manufacturer and integrator of families of precision molded aspheric optics, fiber-optic collimator, GRADIUM glass lenses and other optical materials used to produce products that manipulate light. The Company designs, develops, manufactures and distributes optical components and assemblies utilizing the optical processes and manufacturing technologies.
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