HC Wainwright Has Bearish Forecast for LPTH FY2025 Earnings

LightPath Technologies, Inc. (NASDAQ:LPTH) – Equities research analysts at HC Wainwright reduced their FY2025 earnings per share (EPS) estimates for LightPath Technologies in a report issued on Tuesday, February 18th. HC Wainwright analyst S. Buck now forecasts 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 announced its earnings results on Thursday, February 13th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $8.28 million.

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

LightPath Technologies Price Performance

Shares of LPTH stock opened at $2.65 on Thursday. The stock’s 50-day moving average price is $3.14 and its 200-day moving average price is $2.06. LightPath Technologies has a 12-month low of $1.04 and a 12-month high of $4.42. The company has a quick ratio of 0.90, a current ratio of 1.53 and a debt-to-equity ratio of 0.03.

Institutional Trading of LightPath Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of LPTH. Legato Capital Management LLC acquired a new stake in shares of LightPath Technologies during the 4th quarter worth about $83,000. Murphy Pohlad Asset Management LLC boosted its stake in shares of LightPath Technologies by 22.3% in the 3rd quarter. Murphy Pohlad Asset Management LLC now owns 69,100 shares of the technology company’s stock valued at $95,000 after buying an additional 12,600 shares during the period. Crewe Advisors LLC purchased a new stake in LightPath Technologies during the fourth quarter worth approximately $28,000. Wealth Effects LLC purchased a new stake in LightPath Technologies during the fourth quarter worth approximately $164,000. Finally, Jane Street Group LLC purchased a new stake in LightPath Technologies during the fourth quarter worth approximately $111,000. 56.29% of the stock is owned by institutional investors and hedge funds.

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.