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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 $4.19, up 1.21% from the previous day, and has increased 39.67% in one year. It has overperformed other stocks in the Medical Devices industry by 0.52 percentage points. Lensar stock is currently +132.78% from its 52-week low of $1.80, and -20.94% from its 52-week high of $5.30.

There are currently 11.4M LNSR shares outstanding. The market value of LNSR is $47.75M. In the last 24 hours, 10,050 LNSR shares were traded.

How to Buy Lensar Stock

Not sure how to invest in Lensar stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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

LNSR Price
$4.19
1w %
1.7%
1y %
39.67%
5y %
N/A
P/E
-3.43x
P/B
1.5x
P/S
1.07x
PEG
N/A
Revenue
$44.50M
Earnings
-$12.27M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$47.75M
Next Earnings
N/A
Next Dividend
N/A

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 1.5x, relative to Medical Devices industry P/B ratio of 3.95x

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 $18.24M in cash and short term investments. This is enough to cover its annual cash burn of $8.52M.
  • There are more short-term assets than short-term liabilities on the LNSR balance sheet.
  • LNSR has cash burn of 8518000. It has enough cash and short-term investments to cover this for at least one year.

Signs that LNSR is not financially healthy:

  • LNSR profit margin has gone up by 0.24 percentage points in the past year, but the company is still unprofitable.
  • LNSR has a relatively high debt to equity ratio of 0.65.

LNSR Momentum

SMA10
4.08
SMA20
3.69
SMA50
3.51
SMA100
3.85
SMA200
3.32
MACD
0.22
MACD Signal
0.16
MACD Histogram
0.05
RSI
67.67
Stochastic %K
83.9
Stochastic %D
81.59
StochRSI %K
88.07
StochRSI %D
85.36

How are LNSR Revenues/Earnings doing?

Last year, LNSR revenue was $44.50M. Over the past 3 year, LNSR's revenue has increased by 85.14% per year. This was faster than the Medical Devices industry average of 13.08%.

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.

Alan B. Connaughton, Chief Operating Officer of LNSR, was the latest LNSR insider to sell. They sold $10,020.66 worth of LNSR stock on Jan 11, 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.

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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:

  1. Figure out where to buy Lensar stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Analyze Lensar stock
  5. Place your LNSR buy order
  6. 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 Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Lensar, add LNSR to your watchlist below.

NASDAQ: LNSR
$4.19+0.05 (+1.21%)
Updated May 24, 2024
Open eToro Account
NASDAQ: LNSR
$4.19+0.05 (+1.21%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lensar share?

As of May 24, 2024, it costs $4.19 to buy one share of Lensar stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.477 shares of LNSR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Lensar stock?

One way to place an order for Lensar stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.