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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 $3.40, down 9.65% from the previous day, and has increased 40.95% in one year. It has overperformed other stocks in the Medical Devices industry by 0.46 percentage points. Lensar stock is currently +88.72% from its 52-week low of $1.80, and -35.91% from its 52-week high of $5.30.

There are currently 11.4M LNSR shares outstanding. The market value of LNSR is $38.71M. In the last 24 hours, 42,887 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:

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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
$3.40
1w %
-6.93%
1y %
40.95%
5y %
N/A
P/E
-2.59x
P/B
1.16x
P/S
0.88x
PEG
N/A
Revenue
$42.16M
Earnings
-$14.38M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$38.71M
Next Earnings
May 13, 2024
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 1.16x, relative to Medical Devices industry P/B ratio of 4.11x

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 $24.39M in cash and short term investments. This is enough to cover its annual cash burn of $9.90M.
  • LNSR has cash burn of 9895000. It has enough cash and short-term investments to cover this for at least one year.
  • Total LNSR debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the LNSR balance sheet.

Signs that LNSR is not financially healthy:

  • LNSR has a relatively high debt to equity ratio of 0.67.
  • LNSR profit margin has gone up by 0.22 percentage points in the past year, but the company is still unprofitable.

LNSR Technical Indicators

SMA10
3.69
SMA20
3.96
SMA50
4.12
SMA100
3.46
SMA200
3.37
MACD
-0.22
MACD Signal
-0.16
MACD Histogram
-0.06
RSI
40.74
Stochastic %K
35.25
Stochastic %D
31.87
StochRSI %K
68.77
StochRSI %D
64.21

Is LNSR Growing Revenue?

Last year, LNSR revenue was $42.16M. In the past five year, LNSR's revenue has gone up by 11.57% per year. This was slower than the Medical Devices industry average of 13.09%.

Dive into LNSR's earnings and revenue performance here.

Who is buying/selling LNSR?

In the past year, insiders 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 $630.00 worth of LNSR shares on Nov 22, 2023.

Get more info about who owns LNSR shares here.

Can I get consistent income from LNSR stock?

No, Lensar doesn't provide an income stream by paying out dividends.

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Step 5: Place your LNSR buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price limit, use a limit order.

Click the Open Trade button and eToro will place your order.

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Step 6: Get the latest scoop on your LNSR investment

Now that you own some shares in LNSR, you'll want to stay up-to-date on your new investment.

Put LNSR on a watchlist to keep track of your LNSR stock.

LNSR Feed

How to Buy Stock in Lensar

To summarize, here are the 6 steps you need to take to buy Lensar stock right now:

  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 require a online brokerage, eToro is our recommended option.

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 would like to watch your investment in Lensar, create a watchlist on WallStreetZen today.

NASDAQ: LNSR
$3.40-0.36 (-9.65%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: LNSR
$3.40-0.36 (-9.65%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lensar share?

As of Mar 28, 2024, it costs $3.40 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 $1, you can buy 0.294 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.