Is NLIGHT Stock a Good Investment?
NLIGHT Investment Advice | LASR |
- Examine NLIGHT's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research NLIGHT's leadership team and their track record. Good management can help NLIGHT navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact NLIGHT's business and its evolving consumer preferences.
- Compare NLIGHT's performance and market position to its competitors. Analyze how NLIGHT is positioned in terms of product offerings, innovation, and market share.
- Check if NLIGHT pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about NLIGHT's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in nLIGHT Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if nLIGHT Inc is a good investment.
Sell | Buy |
Buy
Market Performance | Solid | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine NLIGHT Stock
Researching NLIGHT's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 84.0% of the company shares are owned by institutional investors. The book value of NLIGHT was now reported as 4.3. The company recorded a loss per share of 1.14. nLIGHT Inc had not issued any dividends in recent years.
To determine if NLIGHT is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NLIGHT's research are outlined below:
| nLIGHT Inc is way too risky over 90 days horizon | |
| nLIGHT Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 198.55 M. Net Loss for the year was (60.79 M) with profit before overhead, payroll, taxes, and interest of 39.33 M. | |
| nLIGHT Inc currently holds about 120.63 M in cash with (2.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.67. | |
| Over 84.0% of the company shares are owned by institutional investors |
NLIGHT uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in nLIGHT Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NLIGHT's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
NLIGHT's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 956.16 M.NLIGHT's profitablity analysis
The company has Profit Margin (PM) of (0.27) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.19) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.19.Determining NLIGHT's profitability involves analyzing its financial statements and using various financial metrics to determine if NLIGHT is a good buy. For example, gross profit margin measures NLIGHT's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NLIGHT's profitability and make more informed investment decisions.
Basic technical analysis of NLIGHT Stock
As of the 30th of July, NLIGHT secures the risk adjusted performance of 0.2455, and Downside Deviation of 2.29. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of nLIGHT Inc, as well as the relationship between them. Please verify nLIGHT Inc downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if nLIGHT Inc is priced more or less accurately, providing market reflects its recent price of 20.7 per share. Given that nLIGHT Inc has jensen alpha of 1.56, we recommend you to check NLIGHT's last-minute market performance to make sure the company can sustain itself at some point in the future.NLIGHT's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NLIGHT insiders, such as employees or executives, is commonly permitted as long as it does not rely on NLIGHT's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NLIGHT insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
NLIGHT's Outstanding Corporate Bonds
NLIGHT issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. nLIGHT Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NLIGHT bonds can be classified according to their maturity, which is the date when nLIGHT Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| NSANY 245 15 SEP 28 Corp BondUS65480CAD74 | View | |
| NSANY 185 16 SEP 26 Corp BondUS65480CAC91 | View | |
| NOBLE AFFILIATES INC Corp BondUS654894AF14 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand NLIGHT's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing NLIGHT's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.2455 | |||
| Market Risk Adjusted Performance | 1.88 | |||
| Mean Deviation | 3.33 | |||
| Semi Deviation | 1.39 | |||
| Downside Deviation | 2.29 | |||
| Coefficient Of Variation | 321.88 | |||
| Standard Deviation | 5.5 | |||
| Variance | 30.26 | |||
| Information Ratio | 0.2806 | |||
| Jensen Alpha | 1.56 | |||
| Total Risk Alpha | 0.5769 | |||
| Sortino Ratio | 0.6749 | |||
| Treynor Ratio | 1.87 | |||
| Maximum Drawdown | 40.82 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 7.03 | |||
| Downside Variance | 5.23 | |||
| Semi Variance | 1.93 | |||
| Expected Short fall | (4.27) | |||
| Skewness | 4.0 | |||
| Kurtosis | 23.53 |
| Risk Adjusted Performance | 0.2455 | |||
| Market Risk Adjusted Performance | 1.88 | |||
| Mean Deviation | 3.33 | |||
| Semi Deviation | 1.39 | |||
| Downside Deviation | 2.29 | |||
| Coefficient Of Variation | 321.88 | |||
| Standard Deviation | 5.5 | |||
| Variance | 30.26 | |||
| Information Ratio | 0.2806 | |||
| Jensen Alpha | 1.56 | |||
| Total Risk Alpha | 0.5769 | |||
| Sortino Ratio | 0.6749 | |||
| Treynor Ratio | 1.87 | |||
| Maximum Drawdown | 40.82 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 7.03 | |||
| Downside Variance | 5.23 | |||
| Semi Variance | 1.93 | |||
| Expected Short fall | (4.27) | |||
| Skewness | 4.0 | |||
| Kurtosis | 23.53 |
Consider NLIGHT's intraday indicators
NLIGHT intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NLIGHT stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
NLIGHT time-series forecasting models is one of many NLIGHT's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NLIGHT's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
NLIGHT Stock media impact
There is far too much social signal, news, headlines, and media speculation about NLIGHT that are available to investors today. This information is accessible both publicly - through NLIGHT's media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of NLIGHT-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of NLIGHT news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of NLIGHT relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to NLIGHT's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive NLIGHT alpha.
NLIGHT Corporate Management
| James Nias | Corporate VP | Profile | |
| Julie JD | General VP | Profile | |
| Joseph DeBartolo | VP Manager | Profile | |
| Julie Dimmick | General VP | Profile | |
| Frank Pfeffer | Managing Systems | Profile | |
| Kerry Hill | VP Treasury | Profile | |
| Bill Willson | Managing Division | Profile |
Additional Tools for NLIGHT Stock Analysis
When running NLIGHT's price analysis, check to measure NLIGHT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NLIGHT is operating at the current time. Most of NLIGHT's value examination focuses on studying past and present price action to predict the probability of NLIGHT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NLIGHT's price. Additionally, you may evaluate how the addition of NLIGHT to your portfolios can decrease your overall portfolio volatility.