LGL Group Inc-The

LGL Group Inc-The Stock Forecast & Price Prediction

Live LGL Group Inc-The Stock (LGL) Price
$5.88

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$5.88

P/E Ratio

73.50

Volume Traded Today

$1,746

Dividend

$31.687996

52 Week High/low

6.76/4.42

LGL Group Inc-The Market Cap

$31.6M

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LGL Summary

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 Analyst Ratings

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 .

LGL stock forecast by analyst

These are the latest 20 analyst ratings of LGL.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

LGL Company Information

What They Do: Designs and manufactures time and frequency instruments.

Business Model: The company operates through two segments: Electronic Instruments and Merchant Investment. It generates revenue by designing, manufacturing, and marketing a variety of time and frequency instruments, including frequency standards and NTP servers, which are critical for various industries such as telecommunications and broadcasting.

Other Information: Founded in 1917 and based in Orlando, Florida, The LGL Group, Inc. has a long-standing history in the industry. Its diverse product offerings and established customer base in sectors like computer networking and electric utilities position it well for ongoing demand for precision timing solutions.
LGL
LGL Group Inc-The (LGL)

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

LGL Group Inc-The (LGL) Financial Data

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

$31.2M

Revenue From 2021

$1.4M

-95.36 %
From Previous Year

Revenue From 2022

$1.7M

14.45 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $3.9M
  • Operating Margin TTM 22.2%
  • Gross profit TTM $0
  • Return on assets TTM 1.3%
  • Return on equity TTM 1.2%
  • Profit Margin 10.2%
  • Book Value Per Share 7.27%
  • Market capitalisation $31.6M
  • Revenue for 2021 $1.4M
  • Revenue for 2022 $1.7M
  • Revenue for 2023 N/A
  • EPS this year (TTM) $0.08

LGL Group Inc-The (LGL) Latest News

News Image

Fri, 13 Sep 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

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.

News Image

Tue, 13 Aug 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

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.

News Image

Wed, 15 May 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

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.

News Image

Mon, 01 Apr 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

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.

News Image

Fri, 26 Jan 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

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.

News Image

Fri, 16 Jun 2023

Sentiment - NEUTRAL

Source - Business Wire

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.

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LGL Frequently asked questions

The highest forecasted price for LGL is $ from at .

The lowest forecasted price for LGL is $ from from

The LGL analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.