Must-See Earnings Estimates for: LightPath Technologies (NASDAQ:LPTH)

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Earnings results for LightPath Technologies (NASDAQ:LPTH)

LightPath Technologies, Inc. is estimated to report earnings on 09/10/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.01. The reported EPS for the same quarter last year was $-0.07.

Analyst Opinion on LightPath Technologies (NASDAQ:LPTH)

1 Wall Street analysts have issued ratings and price targets for LightPath Technologies in the last 12 months. Their average twelve-month price target is $3.25, predicting that the stock has a possible upside of 45.09%. The high price target for LPTH is $3.25 and the low price target for LPTH is $3.25. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

LightPath Technologies has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $3.25, LightPath Technologies has a forecasted upside of 45.1% from its current price of $2.24. LightPath Technologies has received no research coverage in the past 90 days.

Dividend Strength: LightPath Technologies (NASDAQ:LPTH)

LightPath Technologies does not currently pay a dividend. LightPath Technologies does not have a long track record of dividend growth.

Insiders buying/selling: LightPath Technologies (NASDAQ:LPTH)

In the past three months, LightPath Technologies insiders have not sold or bought any company stock. Only 15.00% of the stock of LightPath Technologies is held by insiders. Only 25.66% of the stock of LightPath Technologies is held by institutions.

Earnings and Valuation of LightPath Technologies (NASDAQ:LPTH

Earnings for LightPath Technologies are expected to grow by 350.00% in the coming year, from $0.02 to $0.09 per share. The P/E ratio of LightPath Technologies is -37.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of LightPath Technologies is -37.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. LightPath Technologies has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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