The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, nLIGHT Inc (NASDAQ: LASR) closed at $8.30 down -9.49% from its previous closing price of $9.17. In other words, the price has decreased by -$9.49 from its previous closing price. On the day, 0.78 million shares were traded.
Ratios:
For a deeper understanding of nLIGHT Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.48 and its Current Ratio is at 5.67. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on October 03, 2024, initiated with a Overweight rating and assigned the stock a target price of $15.50.
On November 28, 2023, The Benchmark Company Upgraded its rating to Speculative Buy which previously was Hold but kept the price unchanged to $17.
Needham reiterated its Buy rating for the stock on November 28, 2023, while the target price for the stock was revised from $15 to $16.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 03 ’25 when Corso Joseph John bought 2,500 shares for $9.24 per share.
Keeney Scott H sold 15,000 shares of LASR for $149,250 on Dec 23 ’24. The President and CEO now owns 1,340,146 shares after completing the transaction at $9.95 per share. On Dec 24 ’24, another insider, Keeney Scott H, who serves as the President and CEO of the company, sold 12,013 shares for $9.96 each. As a result, the insider received 119,649 and left with 1,340,146 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.02 while its Price-to-Book (P/B) ratio in mrq is 1.88.
Stock Price History:
Over the past 52 weeks, LASR has reached a high of $14.73, while it has fallen to a 52-week low of $9.04. The 50-Day Moving Average of the stock is -21.85%, while the 200-Day Moving Average is calculated to be -26.57%.
Shares Statistics:
A total of 48.95M shares are outstanding, with a floating share count of 45.80M. Insiders hold about 5.44% of the company’s shares, while institutions hold 83.49% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by 8.0 analysts. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.09 and low estimates of -$0.2.
Analysts are recommending an EPS of between -$0.34 and -$0.75 for the fiscal current year, implying an average EPS of -$0.53. EPS for the following year is -$0.32, with 7.0 analysts recommending between -$0.07 and -$0.49.
Revenue Estimates
A total of 8 analysts believe the company’s revenue will be $47.76M this quarter.It ranges from a high estimate of $48.43M to a low estimate of $47M. As of the current estimate, nLIGHT Inc’s year-ago sales were $44.53MFor the next quarter, 8 analysts are estimating revenue of $50.8M. There is a high estimate of $52.22M for the next quarter, whereas the lowest estimate is $49.4M.
A total of 8 analysts have provided revenue estimates for LASR’s current fiscal year. The highest revenue estimate was $215.8M, while the lowest revenue estimate was $203.8M, resulting in an average revenue estimate of $210.81M. In the same quarter a year ago, actual revenue was $198.55MBased on 7 analysts’ estimates, the company’s revenue will be $232.81M in the next fiscal year. The high estimate is $236.24M and the low estimate is $226.7M.
