HC Wainwright Has Bearish Forecast for LPTH FY2025 Earnings

LightPath Technologies, Inc. (NASDAQ:LPTH) – Investment analysts at HC Wainwright cut their FY2025 earnings per share estimates for LightPath Technologies in a research note issued on Tuesday, February 18th. HC Wainwright analyst S. Buck now anticipates that the technology company will earn ($0.19) per share for the year, down from their previous estimate of ($0.16). HC Wainwright has a “Buy” rating and a $5.00 price target 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.

Several other equities analysts have also recently issued reports on LPTH. StockNews.com cut LightPath Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, January 4th. LADENBURG THALM/SH SH lifted their price objective on LightPath Technologies from $3.00 to $5.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Finally, Lake Street Capital lifted their price objective on LightPath Technologies from $3.00 to $4.00 and gave the company a “buy” rating in a research report on Friday, December 27th.

LightPath Technologies Stock Up 7.3 %

Shares of LightPath Technologies stock opened at $2.65 on Thursday. LightPath Technologies has a twelve month low of $1.04 and a twelve month high of $4.42. The company has a current ratio of 1.53, a quick ratio of 0.90 and a debt-to-equity ratio of 0.03. The business’s 50 day simple moving average is $3.14 and its 200-day simple moving average is $2.06.

LightPath Technologies (NASDAQ:LPTH) last issued 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). LightPath Technologies had a negative net margin of 28.57% and a negative return on equity of 31.13%. The business had revenue of $7.43 million during the quarter, compared to analysts’ expectations of $8.28 million.

Institutional Trading of LightPath Technologies

Large investors have recently added to or reduced their stakes in the company. Connective Capital Management LLC bought a new stake in shares of LightPath Technologies during the fourth quarter valued at approximately $733,000. Millennium Management LLC acquired a new stake in LightPath Technologies in the fourth quarter worth $53,000. Cubist Systematic Strategies LLC acquired a new stake in shares of LightPath Technologies during the fourth quarter worth $32,000. Jane Street Group LLC acquired a new stake in shares of LightPath Technologies during the fourth quarter worth $111,000. Finally, Northern Trust Corp raised its holdings in shares of LightPath Technologies by 25.7% during the fourth quarter. Northern Trust Corp now owns 63,983 shares of the technology company’s stock worth $226,000 after acquiring an additional 13,087 shares during the period. 56.29% of the stock is owned by institutional investors.

LightPath Technologies Company Profile

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.