News articles about LightPath Technologies (NASDAQ:LPTH) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LightPath Technologies earned a news impact score of 0.15 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 47.0044446847397 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern’s analysis:
- Traders Alert on Unusual Volume LightPath Technologies, Inc. (LPTH) – Wall Street Morning (wallstreetmorning.com)
- Stocks Messing With The Heads Of Investors: Esterline … – Market Movers (financialqz.com)
- 7 Active Shares Making a Plunge This Morning – LPTH, TPC, ESL, GROW, KONA, CLFD, DOVA (fxpips.com)
- LightPath Technologies, Inc. (LPTH) – Unusual Volume Spotlight – Wall Street Morning (wallstreetmorning.com)
- LightPath Technologies, Inc. Class A to Host Earnings Call (finance.yahoo.com)
LightPath Technologies (LPTH) opened at $2.73 on Tuesday. LightPath Technologies has a twelve month low of $1.21 and a twelve month high of $4.10. The company has a quick ratio of 2.29, a current ratio of 3.18 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $71.41, a P/E ratio of 8.82, a PEG ratio of 1.21 and a beta of -0.49.
LightPath Technologies (NASDAQ:LPTH) last issued its earnings results on Thursday, September 14th. The technology company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.20. LightPath Technologies had a return on equity of 31.44% and a net margin of 25.13%. The business had revenue of $9.01 million during the quarter, compared to analysts’ expectations of $8.75 million. research analysts predict that LightPath Technologies will post 0.16 earnings per share for the current year.
Several analysts recently weighed in on the company. Zacks Investment Research downgraded LightPath Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Dougherty & Co restated a “buy” rating and set a $3.10 target price on shares of LightPath Technologies in a research note on Friday, October 6th. Finally, ValuEngine upgraded LightPath Technologies from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. One analyst has rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $2.80.
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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