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.
- 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.
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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.
- Enter your personal info to start a new trading account.
- Submit your details by clicking the "Create Account" button.
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 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
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.
Click below to learn what other traders have to say.
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.
If you want more help with buying stocks on eToro, watch 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 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:
- 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 are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Lensar, click below.
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