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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 $2.33, down 0.85% from the previous day, and has decreased 67.41% in one year. It has underperformed other stocks in the Medical Devices industry by 0.48 percentage points. Lensar stock is currently +8.37% from its 52-week low of $2.15, and -73.52% from its 52-week high of $8.80.

There are currently 11.1M LNSR shares outstanding. The market value of LNSR is $25.87M. In the last 24 hours, 21,352 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.

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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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  2. Enter your personal info to start a new trading account.
  1. Submit your details by clicking the "Create Account" button.
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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
$2.33
1w %
-28.31%
1y %
-67.41%
5y %
N/A
P/E
-1.19x
P/B
0.62x
P/S
0.67x
PEG
N/A
Revenue
$35.36M
Earnings
-$19.91M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$25.87M
Next Earnings
May 8, 2023
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 0.62x, relative to Medical Devices industry P/B ratio of 3.83x

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 a low debt to equity ratio of 0.33.
  • There are more short-term assets than short-term liabilities on the LNSR balance sheet.

Signs that LNSR is not financially healthy:

  • LNSR has $14.87M in cash and short term investments. This is not enough to cover its annual cash burn of $14.97M.
  • LNSR profit margin has gone up by 0.01 percentage points in the past year, but the company is still unprofitable.
  • LNSR has cash burn of 14971000. It does not have enough cash and short-term investments to cover this.

Do analysts think it's a good time to buy Lensar stock

Out of 1 sell side analysts who give recommendations on LNSR, the consensus analyst rating on Lensar is a Strong Buy

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Lensar stock forecast page.

LNSR Technical Indicators

SMA10
2.99
SMA20
3.04
SMA50
2.94
SMA100
3.27
SMA200
4.64
MACD
-0.09
MACD Signal
0.01
MACD Histogram
-0.1
RSI
26.82
Stochastic %K
6.75
Stochastic %D
22.67
StochRSI %K
0
StochRSI %D
11.37

Is LNSR Growing Revenue?

Last year, LNSR revenue was $35.36M. Over the last 4 year, LNSR's revenue has increased by 9.73% per year. This was slower than the Medical Devices industry average of 17.51%.

You can analyze LNSR's earnings and revenue performance here.

Who is buying/selling LNSR?

In the last 12 months, executives and large shareholders at LNSR have bought more shares than they have sold.

Thomas R. Staab Ii, Chief Financial Officer of LNSR, was the latest LNSR insider to buy. They bought $2,294.41 worth of LNSR stock on Dec 7, 2022.

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.

LNSR Social Trading Data

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your LNSR buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price, place a limit order.

Click the Open 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 company.

Put LNSR on a watchlist to monitor your LNSR stock.

LNSR Feed

How to Buy Stock in Lensar

To summarize, 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 are looking for a brokerage account, eToro is our recommended option.

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If you would like to get the latest news on your investment in Lensar, click below.

NASDAQ: LNSR
$2.33-0.02 (-0.85%)
Updated Mar 21, 2023
Open eToro Account
NASDAQ: LNSR
$2.33-0.02 (-0.85%)
Updated Mar 21, 2023
Open eToro Account

FAQ

How much does it cost to buy one Lensar share?

As of Mar 21, 2023, it costs $2.33 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 0.429 shares of LNSR.

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Is now a good time to buy Lensar stock?

According to 1 Wall Street analysts who monitor Lensar, their consensus recommendation is to buy Lensar stock.

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.