Should I buy or sell nLIGHT stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for nLIGHT in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LASR shares. View LASR analyst ratings or view top-rated stocks .

What is nLIGHT's stock price target for 2024?

3 Wall Street analysts have issued 12-month target prices for nLIGHT's stock. Their LASR share price targets range from $11.00 to $17.00. On average, they predict the company's share price to reach $14.67 in the next year. This suggests a possible upside of 34.9% from the stock's current price. View analysts price targets for LASR or view top-rated stocks among Wall Street analysts .

How have LASR shares performed in 2024?

nLIGHT's stock was trading at $13.50 at the beginning of the year. Since then, LASR shares have decreased by 19.5% and is now trading at $10.87. View the best growth stocks for 2024 here .

When is nLIGHT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our LASR earnings forecast .

How were nLIGHT's earnings last quarter?

nLIGHT, Inc. (NASDAQ:LASR) announced its earnings results on Thursday, February, 22nd. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.28) by $0.02. The firm earned $51.89 million during the quarter, compared to the consensus estimate of $48.08 million. nLIGHT had a negative trailing twelve-month return on equity of 15.03% and a negative net margin of 19.85%.

What ETF holds nLIGHT's stock?

ProShares Nanotechnology ETF holds 3,469 shares of LASR stock, representing 0.84% of its portfolio.

What guidance has nLIGHT issued on next quarter's earnings?

nLIGHT updated its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $42.0 million-$46.0 million, compared to the consensus revenue estimate of $50.7 million.

What is Scott Keeney's approval rating as nLIGHT's CEO?

19 employees have rated nLIGHT Chief Executive Officer Scott Keeney on Glassdoor.com . Scott Keeney has an approval rating of 59% among the company's employees. This puts Scott Keeney in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of nLIGHT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other nLIGHT investors own include Advanced Micro Devices (AMD) , Netflix (NFLX) , AbbVie (ABBV) , Intel (INTC) , NVIDIA (NVDA) , BioMarin Pharmaceutical (BMRN) , Walt Disney (DIS) , Gilead Sciences (GILD) , Micron Technology (MU) and PayPal (PYPL) .

nLIGHT (LASR) raised $76 million in an initial public offering on Thursday, April 26th 2018. The company issued 5,400,000 shares at a price of $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?

nLIGHT's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (0.73%) and Allspring Global Investments Holdings LLC (0.32%). Insiders that own company stock include James Nias, Joseph John Corso, Ran Bareket and Scott H Keeney . 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 .

NASDAQ:LASR

nLIGHT (LASR) Stock Price, News & Analysis

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Free LASR Stock Alerts

$10.87

+0.18 (+1.68%)

(As of 04/19/2024 ET)

Compare

Today's Range: $10.64
▼
$11.18
50-Day Range: $10.69
▼
$14.61
52-Week Range: $8.13
▼
$15.91

Volume: 202,469 shs
Average Volume: 178,525 shs
Market Capitalization: $514.04 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.67

Get nLIGHT alerts:

nLIGHT MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 34.9% Upside
$14.67 Price Target
Short Interest: Healthy
3.02% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$172,927 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.93) to ($0.77) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.19 out of 5 stars

Computer And Technology Sector

390th out of 585 stocks

Semiconductors & Related Devices Industry

60th out of 87 stocks

3.3

Analyst's Opinion

Consensus Rating
nLIGHT has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
nLIGHT has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.02% 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 8.3.
Change versus previous month
Short interest in nLIGHT has recently decreased by 2.05%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
nLIGHT does not currently pay a dividend.
Dividend Growth
nLIGHT does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LASR.

N/A

News and Social Media Coverage

2.5

Company Ownership

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 $172,927.00 in company stock.
Percentage Held by Insiders
Only 5.60% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for nLIGHT are expected to grow in the coming year, from ($0.93) to ($0.77) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of nLIGHT is -12.08, 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 -12.08, 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 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About nLIGHT Stock (NASDAQ:LASR)

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.

LASR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LASR Stock News Headlines

March 22, 2024 | insidertrades.com

Insider Selling: nLIGHT, Inc. (NASDAQ:LASR) CFO Sells 14,105 Shares of Stock

April 6, 2024 | finance.yahoo.com

With 85% institutional ownership, nLIGHT, Inc. (NASDAQ:LASR) is a favorite amongst the big guns

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 20, 2024 | finance.yahoo.com

Insider Sell: CFO Joseph Corso Sells 14,105 Shares of nLight Inc (LASR)

March 16, 2024 | finance.yahoo.com

LASR Apr 2024 7.500 call

February 29, 2024 | finance.yahoo.com

nLIGHT, Inc. (NASDAQ:LASR) Q4 2023 Earnings Call Transcript

February 24, 2024 | seekingalpha.com

nLIGHT, Inc. 2023 Q4 - Results - Earnings Call Presentation

February 24, 2024 | markets.businessinsider.com

Buy Rating Affirmed for nLIGHT Amidst Strong Sales and Promising Defense Sector Growth

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

February 23, 2024 | marketwatch.com

nLIGHT Shares Drop 13% Following 4Q Revenue Miss

February 22, 2024 | businesswire.com

nLIGHT, Inc. Announces Fourth Quarter and Full Year 2023 Results

February 17, 2024 | finance.yahoo.com

LASR Jun 2024 10.000 call

February 12, 2024 | msn.com

Lattice Semiconductor (LSCC) Matches Q4 Earnings Estimates

January 24, 2024 | finance.yahoo.com

nLIGHT to Announce Fourth Quarter 2023 Financial Results on February 22nd

January 19, 2024 | msn.com

SmartRent rises as BTIG starts coverage with Buy, expects co to achieve GAAP profitability starting in 2H'24

January 17, 2024 | finance.yahoo.com

Calculating The Fair Value Of nLIGHT, Inc. (NASDAQ:LASR)

December 18, 2023 | seekingalpha.com

nLIGHT: The Rally Stops In Familiar Territory

November 29, 2023 | msn.com

Benchmark Upgrades nLIGHT (LASR)

November 28, 2023 | markets.businessinsider.com

Why nLIGHT Stock (LASR) Is Rising During Tuesday's Session

November 28, 2023 | finance.yahoo.com

nLIGHT, Inc. (LASR) Interactive Stock Chart - Yahoo Finance

November 28, 2023 | realmoney.thestreet.com

nLight upgraded to Speculative Buy from Hold at Benchmark

November 28, 2023 | markets.businessinsider.com

Needham Maintains Buy Rating for nLight: Here's What You Need To Know

November 28, 2023 | msn.com

nLIGHT rises after Benchmark upgrades on $34.5M contract

November 27, 2023 | markets.businessinsider.com

Why nLight Stock (LASR) Is Trading Higher Monday

November 27, 2023 | msn.com

nLIGHT secures $34.5 million contract

November 27, 2023 | markets.businessinsider.com

NLIGHT Gets $34.5 Mln Contract

November 27, 2023 | finance.yahoo.com

nLIGHT Announces $34.5 Million Contract for DE M-SHORAD Laser Weapon System

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Semiconductors & related devices
Sub-Industry: N/A
Current Symbol: NASDAQ:LASR
CUSIP: N/A
CIK: 1124796
Web: www.nlight.net
Phone: (360) 566-4460
Fax: N/A
Employees: 930
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.67
High Stock Price Target: $17.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +36.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.90)
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: -19.85%
Pretax Margin: -20.32%
Return on Equity: -15.03%
Return on Assets: -12.39%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.73
Quick Ratio: 5.14

Sales & Book Value

Annual Sales: $209.92 million
Price / Sales: 2.42
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $5.45 per share
Price / Book: 1.97

Miscellaneous

Outstanding Shares: 47,290,000
Free Float: 44,641,000
Market Cap: $507.89 million
Optionable: Optionable
Beta: 2.43

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Key Executives

Mr. Scott H. Keeney (Age 59)
Co-Founder, Chairman, President & CEO
Comp: $519.1k
Mr. Joseph Corso (Age 43)
Chief Financial Officer
Comp: $314.48k
Mr. Jason Farmer
Co-Founder
Mr. Chris Schechter
Chief Operating Officer
Mr. James Nias (Age 52)
VP, Corporate Controller & Chief Accounting Officer
Mr. Robert Martinsen (Age 62)
Chief Technology Officer
Comp: $317.57k
Julie Dimmick
VP, General Counsel & Corporate Secretary
Ms. Kerry Hill
VP of Human Resources & Treasury
Mr. Bill Willson
Managing Director of Fiber Division
Mr. Joseph V. DeBartolo
VP & General Manager

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LASR Stock Analysis - Frequently Asked Questions

Should I buy or sell nLIGHT stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for nLIGHT in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LASR shares.
View LASR analyst ratings or view top-rated stocks.
What is nLIGHT's stock price target for 2024?: 3 Wall Street analysts have issued 12-month target prices for nLIGHT's stock. Their LASR share price targets range from $11.00 to $17.00. On average, they predict the company's share price to reach $14.67 in the next year. This suggests a possible upside of 34.9% from the stock's current price.
View analysts price targets for LASR or view top-rated stocks among Wall Street analysts.
How have LASR shares performed in 2024?: nLIGHT's stock was trading at $13.50 at the beginning of the year. Since then, LASR shares have decreased by 19.5% and is now trading at $10.87.
View the best growth stocks for 2024 here.
When is nLIGHT's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our LASR earnings forecast.
How were nLIGHT's earnings last quarter?: nLIGHT, Inc. (NASDAQ:LASR) announced its earnings results on Thursday, February, 22nd. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.28) by $0.02. The firm earned $51.89 million during the quarter, compared to the consensus estimate of $48.08 million. nLIGHT had a negative trailing twelve-month return on equity of 15.03% and a negative net margin of 19.85%.
What ETF holds nLIGHT's stock?: ProShares Nanotechnology ETF holds 3,469 shares of LASR stock, representing 0.84% of its portfolio.

What guidance has nLIGHT issued on next quarter's earnings?: nLIGHT updated its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $42.0 million-$46.0 million, compared to the consensus revenue estimate of $50.7 million.
What is Scott Keeney's approval rating as nLIGHT's CEO?: 19 employees have rated nLIGHT Chief Executive Officer Scott Keeney on Glassdoor.com. Scott Keeney has an approval rating of 59% among the company's employees. This puts Scott Keeney in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of nLIGHT own?: Based on aggregate information from My MarketBeat watchlists, some companies that other nLIGHT investors own include Advanced Micro Devices (AMD), Netflix (NFLX), AbbVie (ABBV), Intel (INTC), NVIDIA (NVDA), BioMarin Pharmaceutical (BMRN), Walt Disney (DIS), Gilead Sciences (GILD), Micron Technology (MU) and PayPal (PYPL).
When did nLIGHT IPO?: nLIGHT (LASR) raised $76 million in an initial public offering on Thursday, April 26th 2018. The company issued 5,400,000 shares at a price of $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?: nLIGHT's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (0.73%) and Allspring Global Investments Holdings LLC (0.32%). Insiders that own company stock include James Nias, Joseph John Corso, Ran Bareket and Scott H Keeney.
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.

This page (NASDAQ:LASR) was last updated on 4/19/2024 by MarketBeat.com Staff

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nLIGHT (LASR) Stock Price, News & Analysis

nLIGHT MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Company Ownership

Earnings and Valuation

About nLIGHT Stock (NASDAQ:LASR)

LASR Stock Price History

LASR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

LASR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™