HomeCompaniesStifel Sets n...

Stifel Sets nLIGHT Inc. (NASDAQ:LASR) Stock to “a Buy”

Stifel raised the price target for the nLIGHT Inc. (NASDAQ:LASR) stock to “a Buy”. The rating was released on November 04, 2022, according to finviz. The research report from Stifel has resumed the stock to Buy, with a price target set at $38. In their research brief published December 20, 2019, Piper Jaffray analysts initiated the nLIGHT Inc. stock to Overweight with a price target of $25.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of nLIGHT Inc. (NASDAQ:LASR) dipped -2.72% to close Thursday’s market session at $10.00, lower as compared to yesterday’s close. The stock price fluctuated between $9.8999 and $10.28 throughout the trading session with the volume trading being 883952 shares, which represented a significant variation when compared to the three months average volume of 239.70K shares. The firm’s stock price fluctuated -12.13% within the last five trades and -22.48% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -10.71% in the last 6 months and -10.31% was subtracted to its value over the previous 3 months. LASR stock is trading at a margin of -14.44%, -16.39% and -11.43% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".


As of the close of trading, LASR deals in the Technology domain. The stock is trading -46.50 percent below its 52-week high and 21.65 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -43.2. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does nLIGHT Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at -22.70 percent and the profit margin is -22.50 percent, and the company has reported a gross margin of 21.00 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $475.80 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.97 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.66, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 2.80 percent of nLIGHT Inc. shares are owned by insiders, and 87.80 percent are held by financial institutions. Nias James, the Chief Accounting Officer at nLIGHT Inc. (LASR) has sold 975 shares of firm on Nov 17 at a price of $10.54 against the total amount of $10276.0. In another inside trade, Keeney Scott H, President and CEO of nLIGHT Inc. (NASDAQ:LASR) sold 1,000 shares of the firm on May 17 for a total worth of $11690.0 at a price of $11.69.



Please enter your comment!
Please enter your name here

Recent Post