A share price of nLIGHT Inc [LASR] is currently trading at $9.06, down -2.21%. An important factor to consider is whether the stock is rising or falling in short-term value. The LASR shares have gain 9.22% over the last week, with a monthly amount drifted -19.42%, and not seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $7.94 and $14.73. nLIGHT Inc [NASDAQ: LASR] shares were valued at $9.06 at the most recent close of the market.
Analyzing the LASR fundamentals
Trailing Twelve Months sales for nLIGHT Inc [NASDAQ:LASR] were 198.55M which represents -8.69% decline. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at -0.33%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.22, Equity is -0.26 and Total Capital is -0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
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 8.79 points at the first support level, and at 8.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.27, and for the 2nd resistance point, it is at 9.47.
Ratios To Look Out For
To put it in perspective, the Current Ratio for nLIGHT Inc [NASDAQ:LASR] is 5.67. On the other hand, the Quick Ratio is 4.48, and the Cash Ratio is 1.92. Considering the valuation of this stock, the price to sales ratio is 2.24, the price to book ratio is 2.05.
Transactions by insiders
Recent insider trading involved Corso Joseph John, Chief Financial Officer, that happened on Mar 04 ’25 when 4182.0 shares were sold. Chief Financial Officer, Corso Joseph John completed a deal on Mar 03 ’25 to sell 2500.0 shares. Meanwhile, President and CEO Keeney Scott H sold 53511.0 shares on Mar 04 ’25.
