How to Buy Lensar Stock
Lensar Inc
LENSAR, Inc. , a commercial-stage medical device company, focuses on designing, developing, and marketing a femtosecond laser system for the treatment of cataracts and the management of pre-existing or surgically induced corneal astigmatism.
Lensar stock last closed at $5.53, up 14.49% from the previous day, and has increased 103.31% in one year. It has overperformed other stocks in the Medical Devices industry by 0.93 percentage points. Lensar stock is currently +207.22% from its 52-week low of $1.80, and -2.12% from its 52-week high of $5.65.
There are currently 11.61M LNSR shares outstanding. The market value of LNSR is $64.19M. In the last 24 hours, 55,073 LNSR shares were traded.
How to Buy Lensar Stock
Not sure how to invest in Lensar stock? Here's how.
- Figure out where to buy Lensar stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Lensar stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your payment method and add your information.
- Analyze Lensar stock: The Lensar ticker symbol is LNSR. Is Lensar stock a good investment? Should you buy shares of LNSR? How do LNSR's underlying business fundamentals look? Do top analysts think Lensar is a good buy? Why has LNSR's stock price moved recently? (Hint: Our stock research tools can help you decide if LNSR is a good stock to buy).
- Place your LNSR buy order: Decide if you will purchase LNSR shares at the current market price or use a limit order to purchase LNSR stock at a given price.
- Get the latest scoop on your LNSR investment: Create a watchlist to track your investment in Lensar stock.
Step 1: Figure out where to buy Lensar stock
You need an online brokerage account to access the NASDAQ market and buy LNSR stock.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Tech to Utilities, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal details so you are able to invest in LNSR stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on the best stock app for beginners, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing funds into your investment account.
Step 4: Analyze Lensar stock
Once you have identified the best place to buy Lensar stock, it's absolutely critical to analyze their stock before you invest, so you actually wrap your head around the risk and upside.
Lensar shares at a glance
Lensar Zen Score
WallStreetZen was created to help part-time investors perform better fundamental analysis.
You can see all of the due diligence checks on LNSR's stock page.
Is LNSR stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge LNSR's intrinsic value.
Using relative valuations methods:
- LNSR may be undervalued based on its P/B ratio of 2.71x, relative to Medical Devices industry P/B ratio of 4.1x
You can do additional valuation analysis on LNSR's stock here.
How do LNSR Financials look?
Signs that LNSR is financially healthy:
- There are more short-term assets than long-term liabilities on the LNSR balance sheet.
- LNSR has cash burn of 10084000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the LNSR balance sheet.
Signs that LNSR is not financially healthy:
- LNSR has $14.55M in cash and short term investments. This is not enough to cover its annual cash burn of $10.08M.
- LNSR profit margin has gone up by 0.23 percentage points in the past year, but the company is still unprofitable.
- LNSR has a relatively high debt to equity ratio of 1.01.
LNSR Momentum
How are LNSR Revenues/Earnings doing?
Last year, LNSR revenue was $45.12M. Over the past 4 year, LNSR's revenue has increased by 13.2% per year. This was faster than the Medical Devices industry average of 11%.
Find out more about LNSR's earnings and revenue performance here.
Latest Insiders Trades at LNSR
Over the past 12 months, executives and large shareholders at LNSR have bought more shares than they have sold.
Gary M. Winer, Director of LNSR, was the latest LNSR insider to buy. They bought $3,082.50 worth of LNSR stock on Sep 3, 2024.
Dig into more about who owns LNSR shares here.
Can I rely on LNSR as an income stream?
No, Lensar doesn't provide an income stream by paying out dividends.
What do other investors have to say about LNSR?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your LNSR buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open Trade button and your broker will place the order.
If you require more help buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your LNSR investment
Now that you own some LNSR stock, you'll want to stay up-to-date on your new investment.
Create a watchlist to get notified of important updates regarding your LNSR stock.
LNSR Feed
How to Buy Stock in Lensar
To reiterate, here are the 6 steps to buy Lensar stock:
- Figure out where to buy Lensar stock
- Create your brokerage account
- Fund your investment account
- Analyze Lensar stock
- Place your LNSR buy order
- Get the latest scoop on your LNSR investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Lensar, add LNSR to your watchlist below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.