Stocktoria
LIGHTPATH TECHNOLOGIES INC LPTH
LIGHTPATH TECHNOLOGIES INC (LPTH) earns a Piotroski F-score of 2/9 (weak financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $37.2M at a -40.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.04 — grey zone (between the usual thresholds). A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 2/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.138 |
| Retained earnings / assets | -2.831 |
| EBIT / assets | -0.145 |
| Equity / liabilities | 0.495 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| LPTH | LIGHTPATH TECHNOLOGIES INC | 2/9 | -8.78 | — | +17.3% |
| BZAI | Blaize Holdings, Inc. | 3/9 | — | — | — |
| KOPN | KOPIN CORP | 3/9 | -7.29 | 271.6 | -21.9% |
| ICG | Intchains Group Ltd | 1/9 | — | — | -18.2% |
| LEDS | SemiLEDs Corp | 6/9 | — | — | — |
| NVTS | Navitas Semiconductor Corp | — | 6.21 | — | -44.9% |
| SPCB | SuperCom Ltd | 5/9 | 0.05 | 13.5 | +0.9% |
About LIGHTPATH TECHNOLOGIES INC
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States. It offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, spherical lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics. The company also offers cooled and uncooled camera systems and modules for long range surveillance and detection, and engineering services. The company's products are used in defense products, border security, perimeter security, night vision systems, medical devices, laser aided industrial tools, automotive safety applications, telecommunications, machine vision and sensors, and other sectors. It sells its products directly to customers in Europe and Asia. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.
FAQ
Is LPTH financially healthy?
LIGHTPATH TECHNOLOGIES INC's Piotroski F-score is 2/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does LPTH pay a dividend?
No, LIGHTPATH TECHNOLOGIES INC does not currently pay a dividend.
How profitable is LPTH?
In FY2025, LIGHTPATH TECHNOLOGIES INC had a net margin of -40.0% and a return on equity of -95.1%.
Is LPTH overvalued or undervalued?
LIGHTPATH TECHNOLOGIES INC trades at about 457.7× trailing earnings — above its 10-year norm (10-year range 7.2×–144.0×, median 59.5×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for LPTH?
The average Wall-Street price target for LIGHTPATH TECHNOLOGIES INC is $15.97, about 16.4% above the recent price, from 4 analysts.
Is LPTH a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on LIGHTPATH TECHNOLOGIES INC: a Piotroski F-score of 2/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.