nLIGHT (LASR) Stock Price, News & Analysis

Company Overview

nLIGHT, Inc. designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates in two segments, Laser Products and Advanced Development. It offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in industrial and aerospace and defense applications. The company also provides laser sensors, including light detection and ranging technologies for intelligence, surveillance, and reconnaissance applications; and fiber amplifiers, beam combination, and control systems for use in high-energy laser systems in directed energy applications. It sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through independent sales representatives and distributors in Asia, Australia, Europe, the Middle East, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.

Key Stats

• Today's Range: $10.86 to $10.99
• 50-Day Range: $10.26 to $14.68
• 52-Week Range: $9.80 to $15.00
• Volume: 4,736 shs
• Average Volume: 245,190 shs
• Market Capitalization: $527.40 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $16.17
• Consensus Rating: Buy

nLIGHT Stock Analysis - MarketRank™

nLIGHT scored higher than 67% of companies evaluated by MarketBeat, and ranked 317th out of 651 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

nLIGHT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

nLIGHT has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for nLIGHT are expected to grow in the coming year, from ($1.03) to ($0.97) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of nLIGHT is -10.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of nLIGHT is -10.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

nLIGHT has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.92% of the outstanding shares of nLIGHT have been sold short.

Short Interest Ratio / Days to Cover

nLIGHT has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in nLIGHT has recently increased by 9.58%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

nLIGHT does not currently pay a dividend.

Dividend Growth

nLIGHT does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.92% of the outstanding shares of nLIGHT have been sold short.

Short Interest Ratio / Days to Cover

nLIGHT has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in nLIGHT has recently increased by 9.58%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 1.76

News Sentiment

nLIGHT has a news sentiment score of 1.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for nLIGHT this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for LASR on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

4 people have added nLIGHT to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, nLIGHT insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $746,884.00 in company stock.

Percentage Held by Insiders

Only 6.10% of the stock of nLIGHT is held by insiders.

Percentage Held by Institutions

83.88% of the stock of nLIGHT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LASR Stock Analysis - Frequently Asked Questions

How have LASR shares performed this year?

nLIGHT's stock was trading at $13.50 on January 1st, 2024. Since then, LASR shares have decreased by 19.6% and is now trading at $10.85.
View the best growth stocks for 2024 here.

How were nLIGHT's earnings last quarter?

nLIGHT, Inc. (NASDAQ:LASR) released its quarterly earnings data on Thursday, August, 1st. The company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.03. The company's revenue for the quarter was down 5.2% on a year-over-year basis.

When did nLIGHT IPO?

nLIGHT (LASR) raised $76 million in an initial public offering (IPO) on Thursday, April 26th 2018. The company issued 5,400,000 shares at $13.00-$15.00 per share. Stifel and Raymond James served as the underwriters for the IPO and Needham, Canaccord Genuity and D.A. Davidson were co-managers.

Who are nLIGHT's major shareholders?

Top institutional investors of nLIGHT include Royce & Associates LP (5.68%), Needham Investment Management LLC (4.83%), Harvey Partners LLC (3.58%) and Pinnacle Associates Ltd. (3.52%). Insiders that own company stock include Scott H Keeney, Joseph John Corso, Geoffrey Moore, James Nias and Ran Bareket.
View institutional ownership trends.

How do I buy shares of nLIGHT?

Shares of LASR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of nLIGHT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that nLIGHT investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Visa (V).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:LASR
• CUSIP: N/A
• CIK: 1124796
• Web: www.nlight.net
• Phone: (360) 566-4460
• Fax: N/A
• Employees: 1,100
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $16.17
• High Stock Price Target: $17.00
• Low Stock Price Target: $15.50
• Potential Upside/Downside: +49.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-41,670,000.00
• Net Margins: -24.16%
• Pretax Margin: -23.89%
• Return on Equity: -19.53%
• Return on Assets: -15.91%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.83
• Quick Ratio: 4.48

Sales & Book Value

• Annual Sales: $209.92 million
• Price / Sales: 2.50
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.45 per share
• Price / Book: 1.99

Miscellaneous

• Outstanding Shares: 48,430,000
• Free Float: 45,475,000
• Market Cap: $525.47 million
• Optionable: Optionable
• Beta: 2.33