How to Buy Nlight Stock
Nlight Inc
nLIGHT, Inc. designs, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. It operates in two segments, Laser Products and Advanced Development.
Nlight stock last closed at $13.54, up 2.58% from the previous day, and has increased 24.22% in one year. It has underperformed other stocks in the Semiconductors industry by 0.02 percentage points. Nlight stock is currently +66.54% from its 52-week low of $8.13, and -14.9% from its 52-week high of $15.91.
There are currently 46.69M LASR shares outstanding. The market capitalization of LASR is $632.13M. In the last 24 hours, 159,552 LASR shares were traded.
How to Buy Nlight Stock
Wondering how to invest in Nlight stock? Here's how.
- Choose where to buy Nlight stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Nlight stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your method of payment and add your info.
- Research Nlight stock: The Nlight ticker symbol is LASR. Is Nlight stock a good investment? Should you buy shares of LASR? How do LASR's underlying business fundamentals look? Do top analysts think Nlight is a good buy? Why has LASR's stock price moved recently? (Hint: Our stock research website can help you figure out if LASR is a good stock to buy).
- Make your LASR buy order: Decide if you will purchase LASR shares at the current market price or use a limit order to buy LASR stock at a specific price.
- Watch your investment in LASR: Create a watchlist to keep tabs on your position in Nlight stock.
Step 1: Choose where to buy Nlight stock
You need a brokerage account to access the NASDAQ market and buy LASR shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you can buy LASR stock today.
How to Open 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.
- Input your personal details to open your new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on our top ranked stock market app, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing money into your brokerage account.
Step 4: Research Nlight stock
After you have figured out the best place to buy Nlight stock, it's important to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Overview of key LASR info
LASR Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on LASR's stock page.
Is LASR stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LASR's true value.
Using relative valuations measures:
- LASR could be undervalued based on its P/B ratio of 2.44x, relative to Semiconductors industry P/B ratio of 6.12x
You can do more valuation analysis on LASR's stock here.
LASR Financial Health Summary
Pros:
- LASR has a low debt to equity ratio of 0.21.
- Total LASR debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the LASR balance sheet.
- LASR's operating cash flow of $9.70M allows it to safely service it's debt of $14.50M.
- There are more short-term assets than short-term liabilities on the LASR balance sheet.
Cons:
- LASR profit margin has gone down from -16.1% to -23.8% in the past year.
- LASR earnings of -$53.48M is not sufficient to cover its interest payments.
Is it a good time to buy LASR stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who give recommendations on LASR, the consensus analyst rating on Nlight is a Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Nlight stock forecast page.
LASR Technicals
How are LASR Revenues/Earnings doing?
Last year, LASR revenue was $214.71M. Over the past five year, LASR's revenue has grown by 3.28% per year. This was slower than the Semiconductors industry average of 17.22%.
Dive into LASR's earnings and revenue performance here.
Are LASR insiders buying or selling the stock?
In the last year, insiders at LASR have sold more shares than they have bought.
Joseph John Corso, Chief Financial Officer of LASR, was the latest LASR insider to sell. They sold $347,444.08 worth of LASR stock on Dec 1, 2023.
Research more about who owns LASR stock here.
Can I get consistent income from LASR stock?
No, Nlight doesn't provide an income stream by paying out dividends.
LASR Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your LASR buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you 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 particular dollar amount limit, use a limit order.
Click the Open button and your broker will place your order.
If you require additional info about buying stocks on eToro, click the how to video below:
Step 6: Watch your investment in LASR
Now that you own some shares in LASR, you'll want to keep up with your new investment.
Create a watchlist to monitor your LASR stock.
LASR Feed
How to Buy Stock in Nlight
To reiterate, here are the 6 steps for buying Nlight stock:
- Choose where to buy Nlight stock
- Create a brokerage account
- Deposit funds into your investment account
- Research Nlight stock
- Make your LASR buy order
- Watch your investment in LASR
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Nlight, create a watchlist today.
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