Based on ratings from 0 stock analysts, the LGL Group Inc-The stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for LGL Group Inc-The. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
LGL is a stock in Technology which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end LGL is forecasted to be $ by from .
These are the latest 20 analyst ratings of LGL.
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When did it IPO
1992
Staff Count
10
Country
United States
Sector/Industry
Technology/Electronic Components
CEO
Mr. Marc Joseph Gabelli
Market Cap
$31.6M
In 2023, LGL generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that LGL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - LGL Group, Inc. will present at the Sidoti September Virtual Investor Conference on September 18-19, 2024, with a live presentation starting at 9:15 AM ET.
Why It Matters - LGL Group's participation in the Sidoti Investor Conference highlights its commitment to investor relations, potentially increasing visibility and interest in the company, which may influence stock performance.
Summary - LGL Group reported Q2 2024 revenues of $1.068M, up from $721K in Q2 2023. Net income per share rose to $0.02. Year-to-date revenues reached $1.956M, with cash and equivalents at $41.1M.
Why It Matters - LGL Group's revenue and net income growth signals improving financial health, boosting investor confidence. Increased cash reserves indicate stability and potential for future investments or dividends.
Summary - LGL Group reported Q1 2024 revenues of $888,000, down from $984,000 in Q1 2023. Net income per diluted share fell to $0.00. Cash and equivalents were $40.89 million.
Why It Matters - LGL Group's Q1 2024 revenue and net income declines signal potential operational challenges. However, increased order backlog may indicate future growth opportunities, impacting investor sentiment.
Summary - For Q4 2023, LGL Group's revenues rose to $995,000, up from $578,000 YoY. Fiscal year revenues increased to $3.68 million, with net income per share of $0.05.
Why It Matters - The LGL Group reported significant revenue growth and a return to profitability for FY 2023, signaling financial recovery and potential for future growth post-separation from M-tron Industries.
Summary - The LGL Group, Inc. (NYSE: LGL) will present at The Microcap Conference from January 30 to February 1, 2024, in Atlantic City, NJ, with Co-CEO Tim Foufas speaking on January 31 & February 1.
Why It Matters - LGL Group's participation in The Microcap Conference signals potential growth opportunities and increased visibility, which could attract investor interest and impact stock performance.
Summary - The LGL Group has released its Q1 2023 results, with Chairman Marc Gabelli outlining an asset deployment strategy.
Why It Matters - LGL Group's Q1 results and asset deployment strategy indicate potential growth opportunities, impacting future earnings and investor confidence.