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nLIGHT (LASR) Competitors

nLIGHT logo
$10.49 -0.22 (-2.05%)
(As of 11/14/2024 ET)

LASR vs. CAN, CEVA, HIMX, PLAB, NN, SIMO, DQ, NSSC, BELFA, and JKS

Should you be buying nLIGHT stock or one of its competitors? The main competitors of nLIGHT include Canaan (CAN), CEVA (CEVA), Himax Technologies (HIMX), Photronics (PLAB), NextNav (NN), Silicon Motion Technology (SIMO), Daqo New Energy (DQ), Napco Security Technologies (NSSC), Bel Fuse (BELFA), and JinkoSolar (JKS).

nLIGHT vs.

nLIGHT (NASDAQ:LASR) and Canaan (NASDAQ:CAN) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, risk, community ranking, media sentiment, valuation, institutional ownership, profitability, analyst recommendations and dividends.

nLIGHT received 181 more outperform votes than Canaan when rated by MarketBeat users. However, 63.64% of users gave Canaan an outperform vote while only 63.52% of users gave nLIGHT an outperform vote.

CompanyUnderperformOutperform
nLIGHTOutperform Votes
195
63.52%
Underperform Votes
112
36.48%
CanaanOutperform Votes
14
63.64%
Underperform Votes
8
36.36%

83.9% of nLIGHT shares are owned by institutional investors. Comparatively, 70.1% of Canaan shares are owned by institutional investors. 6.1% of nLIGHT shares are owned by insiders. Comparatively, 0.3% of Canaan shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

nLIGHT has a net margin of -24.16% compared to Canaan's net margin of -158.65%. nLIGHT's return on equity of -19.53% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
nLIGHT-24.16% -19.53% -15.91%
Canaan -158.65%-59.66%-44.41%

nLIGHT presently has a consensus target price of $16.17, indicating a potential upside of 54.12%. Canaan has a consensus target price of $3.38, indicating a potential upside of 128.04%. Given Canaan's higher possible upside, analysts clearly believe Canaan is more favorable than nLIGHT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
nLIGHT
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Canaan
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

nLIGHT has higher earnings, but lower revenue than Canaan. nLIGHT is trading at a lower price-to-earnings ratio than Canaan, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
nLIGHT$197.56M2.57-$41.67M-$1.03-10.18
Canaan$211.48M2.12-$414.15M-$1.55-0.95

nLIGHT has a beta of 2.33, suggesting that its stock price is 133% more volatile than the S&P 500. Comparatively, Canaan has a beta of 3.06, suggesting that its stock price is 206% more volatile than the S&P 500.

In the previous week, Canaan had 2 more articles in the media than nLIGHT. MarketBeat recorded 15 mentions for Canaan and 13 mentions for nLIGHT. nLIGHT's average media sentiment score of 0.30 beat Canaan's score of 0.22 indicating that nLIGHT is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
nLIGHT
4 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canaan
5 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral

Summary

nLIGHT beats Canaan on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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LASR vs. The Competition

MetricnLIGHTSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$508.02M$59.22B$23.99B$8.88B
Dividend YieldN/A2.33%2.74%4.04%
P/E Ratio-10.1836.83261.3917.45
Price / Sales2.5721.313,469.1898.78
Price / CashN/A24.5833.9336.42
Price / Book2.168.187.025.86
Net Income-$41.67M$999.37M$663.24M$224.86M
7 Day Performance-28.54%-3.27%-0.70%-0.93%
1 Month Performance-8.38%-3.79%1.75%3.66%
1 Year Performance-6.42%10.62%19.47%26.41%

nLIGHT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LASR
nLIGHT
3.0284 of 5 stars
$10.49
-2.1%
$16.17
+54.1%
+1.9%$508.02M$197.56M-10.181,100Gap Down
CAN
Canaan
3.2071 of 5 stars
$1.78
+41.3%
N/A-6.2%$538.20M$211.48M-1.15350Gap Up
High Trading Volume
CEVA
CEVA
1.9345 of 5 stars
$28.15
-0.4%
N/A+38.6%$666.87M$97.42M-201.06424
HIMX
Himax Technologies
2.924 of 5 stars
$5.68
-3.7%
N/A-7.3%$992.41M$945.43M12.912,164Earnings Report
PLAB
Photronics
2.4543 of 5 stars
$25.71
+0.9%
N/A+21.8%$1.63B$892.08M11.331,885Positive News
NN
NextNav
3.2546 of 5 stars
$15.05
+3.9%
N/A+187.3%$1.90B$4.38M-17.7160Analyst Forecast
News Coverage
Gap Up
SIMO
Silicon Motion Technology
4.8646 of 5 stars
$51.74
-4.4%
N/A-9.1%$1.74B$639.14M19.601,546
DQ
Daqo New Energy
3.8831 of 5 stars
$21.61
-0.4%
N/A-24.7%$1.43B$1.31B-11.685,765Short Interest ↓
NSSC
Napco Security Technologies
4.3506 of 5 stars
$38.76
+0.3%
N/A+41.9%$1.42B$188.82M28.501,070
BELFA
Bel Fuse
0.3251 of 5 stars
$102.66
-0.6%
N/A+81.7%$1.29B$639.81M24.866,300Short Interest ↑
JKS
JinkoSolar
1.794 of 5 stars
$22.66
-1.7%
N/A-40.8%$1.20B$16.72B38.4157,397Short Interest ↑

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This page (NASDAQ:LASR) was last updated on 11/14/2024 by MarketBeat.com Staff
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