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nLIGHT Inc (LASR)
NASDAQ:LASR
nLIGHT (LASR) Stock Price & Analysis
247 Followers
LASR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.13 - $15.91
Previous Close$13.24
Volume206.45K
Average Volume (3M)187.68K
Market Cap
$629.76M
Enterprise Value$522.85M
Total Cash (Recent Filing)$121.08M
Total Debt (Recent Filing)$14.16M
Price to Earnings (P/E)-12.9
Beta1.95
Next Earnings
Aug 01, 2024EPS Estimate
-$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.02
Shares Outstanding47,565,204
10 Day Avg. Volume202,321
30 Day Avg. Volume187,680
Standard Deviation0.21
R-Squared0.37
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)2.76
Price to Sales (P/S)14.14
Price to Cash Flow (P/CF)14.00
P/FCF Ratio16.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.61
Enterprise Value/Gross Profit3.26
Enterprise Value/Ebitda-16.16
Forecast
1Y Price Target
$14.75Price Target Upside11.40% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Bulls Say, Bears Say
Bulls Say
Business SegmentsThe company's Aerospace & Defense business is robust and is expected to further accelerate, providing a solid foundation for growth and supporting a Buy rating for the stock.
Financial PerformanceAnalyst highlights that the company's Q1 revenues exceeded expectations, and adjusted EBITDA loss was lower than anticipated, signaling stronger financial health.
Future GrowthWith a significant backlog driven by Defense contracts and anticipated improvements in the Commercial sector, analysts predict an upward trajectory in the company's performance.
Bears Say
Financial PerformanceLASR's Commercial business is showing significant declines, with Microfabrication down 17% and Industrial dropping 40%.
Sales DeclineIndustrial sales of $15.0 million were reported during the December quarter which were down 35% y/y.
Sector WeaknessCommercial business is likely to experience continued weakness in the Industrial and Microfabrication areas.
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Ownership Overview
18.03% Insiders
35.64% Mutual Funds
29.92% Other Institutional Investors
16.41% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LASR FAQ
What was nLIGHT Inc’s price range in the past 12 months?
nLIGHT Inc lowest stock price was $8.13 and its highest was $15.91 in the past 12 months.
What is nLIGHT Inc’s market cap?
Currently, no data Available
When is nLIGHT Inc’s upcoming earnings report date?
nLIGHT Inc’s upcoming earnings report date is Aug 01, 2024 which is in 79 days.
How were nLIGHT Inc’s earnings last quarter?
nLIGHT Inc released its earnings results on May 02, 2024. The company reported -$0.17 earnings per share for the quarter, beating the consensus estimate of -$0.189 by $0.019.
Is nLIGHT Inc overvalued?
According to Wall Street analysts nLIGHT Inc’s price is currently Undervalued.
Does nLIGHT Inc pay dividends?
nLIGHT Inc does not currently pay dividends.
What is nLIGHT Inc’s EPS estimate?
nLIGHT Inc’s EPS estimate is -$0.13.
How many shares outstanding does nLIGHT Inc have?
nLIGHT Inc has 47,565,205 shares outstanding.
What happened to nLIGHT Inc’s price movement after its last earnings report?
nLIGHT Inc reported an EPS of -$0.17 in its last earnings report, beating expectations of -$0.189. Following the earnings report the stock price went up 5.017%.
Which hedge fund is a major shareholder of nLIGHT Inc?
Among the largest hedge funds holding nLIGHT Inc’s share is Royce & Associates LLC. It holds nLIGHT Inc’s shares valued at 29M.
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nLIGHT Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$14.75 (11.40% Upside)
$14.75 (11.40% Upside)
Hedge Fund Trend
Increased
By 4.3K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.79%
12-Months-Change
Fundamentals
Return on Equity
-18.58%
Trailing 12-Months
Asset Growth
-8.17%
Trailing 12-Months
Company Description
nLIGHT Inc
nLIGHT, Inc. develops and manufactures semiconductor and fiber lasers components. Its products include semiconductor lasers, fiber lasers and optical fibers. The company was founded by Scott H. Keeney, Mark DeVito and Jason Farmer in 2000 and is headquartered in Vancouver, WA.
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LASR Company Deck
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LASR Earnings Call
Q1 2024
0:00 / 0:00
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LASR Stock 12 Month Forecast
Average Price Target
$14.75
▲(11.40% Upside)
Technical Analysis
Best Analysts Covering LASR
1 Year
1 Year Success Rate
14/26 ratings generated profit
1 Year Average Return
+18.41%
reiterated a buy rating 12 days ago
Copying James Ricchiuti's trades and holding each position for 1 Year would result in 53.85% of your transactions generating a profit, with an average return of +18.41% per trade.
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