nLIGHT Inc (LASR) Stock: A Closer Look

nLIGHT Inc [LASR] stock is trading at $11.36, up 3.18%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LASR shares have gain 2.07% over the last week, with a monthly amount glided 8.29%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

nLIGHT Inc [NASDAQ: LASR] stock has seen the most recent analyst activity on October 03, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $15.50. Previously, The Benchmark Company upgraded its rating to Speculative Buy on November 28, 2023, and kept the price target unchanged to $17. On November 28, 2023, Needham reiterated its Buy rating and revised its price target to $16 on the stock. CL King started tracking the stock assigning a Neutral rating. Craig Hallum downgraded its rating to Hold for this stock on February 18, 2022, but kept the price target unchanged to $18.

nLIGHT Inc [LASR] stock has fluctuated between $9.80 and $15.00 over the past year. nLIGHT Inc [NASDAQ: LASR] shares were valued at $11.36 at the most recent close of the market.

Analyzing the LASR fundamentals

nLIGHT Inc [NASDAQ:LASR] reported sales of 203.06M for the trailing twelve months, which represents a growth of 10.85%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at -0.26%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.2 and Total Capital is -0.21.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.90 points at the first support level, and at 10.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.70, and for the 2nd resistance point, it is at 12.05.

Ratios To Look Out For

For context, nLIGHT Inc’s Current Ratio is 5.83. Further, the Quick Ratio stands at 4.48, while the Cash Ratio is 1.15. Considering the valuation of this stock, the price to sales ratio is 2.66, the price to book ratio is 2.33.

Transactions by insiders

Recent insider trading involved Keeney Scott H, President and CEO, that happened on Dec 12 ’24 when 15000.0 shares were sold. President and CEO, Keeney Scott H completed a deal on Dec 13 ’24 to sell 12012.0 shares. Meanwhile, Officer Keeney Scott H bought 12012.0 shares on Dec 13 ’24.

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