LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies.
Adequate balance sheet with moderate growth potential.
Share Price & News
How has LightPath Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LPTH's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LPTH exceeded the US Electronic industry which returned -2.9% over the past year.
Return vs Market: LPTH exceeded the US Market which returned 5% over the past year.
Price Volatility Vs. Market
How volatile is LightPath Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHow Does Investing In LightPath Technologies, Inc. (NASDAQ:LPTH) Impact The Volatility Of Your Portfolio?
1 month ago | Simply Wall StResults: LightPath Technologies, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
2 months ago | Simply Wall StWe Think LightPath Technologies (NASDAQ:LPTH) Has A Fair Chunk Of Debt
Is LightPath Technologies undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LPTH ($3.3) is trading below our estimate of fair value ($18.97)
Significantly Below Fair Value: LPTH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LPTH is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: LPTH is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LPTH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LPTH is overvalued based on its PB Ratio (2.5x) compared to the US Electronic industry average (1.8x).
How is LightPath Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LPTH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: LPTH is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LPTH's is expected to become profitable in the next 3 years.
Revenue vs Market: LPTH's revenue (6.6% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: LPTH's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LPTH's Return on Equity is forecast to be high in 3 years time
How has LightPath Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LPTH is currently unprofitable.
Growing Profit Margin: LPTH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LPTH is unprofitable, and losses have increased over the past 5 years at a rate of -20.4% per year.
Accelerating Growth: Unable to compare LPTH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LPTH is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-6.6%).
Return on Equity
High ROE: LPTH has a negative Return on Equity (-4.58%), as it is currently unprofitable.
How is LightPath Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: LPTH's short term assets ($19.8M) exceed its short term liabilities ($6.1M).
Long Term Liabilities: LPTH's short term assets ($19.8M) exceed its long term liabilities ($6.0M).
Debt to Equity History and Analysis
Debt Level: LPTH's debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: LPTH's debt to equity ratio has increased from 0.01% to 15.2% over the past 5 years.
Debt Coverage: LPTH's debt is well covered by operating cash flow (43.7%).
Interest Coverage: LPTH is unprofitable, therefore interest payments are not well covered by earnings.
What is LightPath Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LPTH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LPTH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LPTH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LPTH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LPTH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sam Rubin (46yo)
Mr. Sam Rubin has been President, Chief Executive Officer and Director at LightPath Technologies, Inc. since March 9, 2020. Mr. Rubin served as the General Manager for the Imaging Systems Division of Thorl ...
|Senior VP & CFO||2.08yrs||US$241.25k||0.0097% $8.3k|
|President||0.33yr||no data||0.044% $37.4k|
|Vice President of Global Sales & Marketing||0.083yr||no data||no data|
Experienced Management: LPTH's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
|President||0.33yr||no data||0.044% $37.4k|
|Independent Chairman of the Board||20.67yrs||US$160.00k||3.03% $2.6m|
|Independent Director||15.42yrs||US$100.00k||0.080% $68.2k|
|Independent Director||24.17yrs||US$104.00k||0.40% $338.9k|
|Chairman of Technical Advisory Board & Independent Director||no data||US$96.00k||0.31% $263.6k|
|Independent Director||8.58yrs||US$96.00k||no data|
|Independent Director||4.25yrs||US$96.00k||0.71% $604.9k|
|Director||0.67yr||no data||no data|
Experienced Board: LPTH's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LPTH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
LightPath Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: LightPath Technologies, Inc.
- Ticker: LPTH
- Exchange: NasdaqCM
- Founded: 1985
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$85.346m
- Shares outstanding: 25.86m
- Website: https://www.lightpath.com
Number of Employees
- LightPath Technologies, Inc.
- 2603 Challenger Tech Court
- Suite 100
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LPTH||NasdaqCM (Nasdaq Capital Market)||Yes||Class A Common Stock||US||USD||Feb 1996|
|LPZB||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Feb 1996|
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. Its products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors, and other industries. The company sells its products directly to customers in North America, Europe, and China, as well as through distributors and channel partners in the United States and internationally. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/04 23:55|
|End of Day Share Price||2020/07/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.