Nlight Inc Stock Buy Hold or Sell Recommendation
| LASR Stock | USD 10.73 0.12 1.11% |
Given the investment horizon of 90 days and complete risk avoidance on your part, our recommendation regarding nLIGHT Inc is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell nLIGHT Inc given historical horizon and risk tolerance towards NLIGHT. When Macroaxis issues a 'buy' or 'sell' recommendation for nLIGHT Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out NLIGHT Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as NLIGHT and provide practical buy, sell, or hold advice based on investors' constraints. nLIGHT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
NLIGHT |
Execute NLIGHT Buy or Sell Advice
The NLIGHT recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on nLIGHT Inc. Macroaxis does not own or have any residual interests in nLIGHT Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NLIGHT's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
NLIGHT Trading Alerts and Improvement Suggestions
| nLIGHT Inc had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 209.92 M. Net Loss for the year was (41.67 M) with profit before overhead, payroll, taxes, and interest of 50.82 M. | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Dell Technologies Revolutionizing AI with AMD Turin-Powered Solutions |
NLIGHT Returns Distribution Density
The distribution of NLIGHT's historical returns is an attempt to chart the uncertainty of NLIGHT's future price movements. The chart of the probability distribution of NLIGHT daily returns describes the distribution of returns around its average expected value. We use nLIGHT Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NLIGHT returns is essential to provide solid investment advice for NLIGHT.
| Mean Return | 0.02 | Value At Risk | -3.69 | Potential Upside | 4.41 | Standard Deviation | 5.32 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NLIGHT historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
NLIGHT Stock Institutional Investors
The NLIGHT's institutional investors refer to entities that pool money to purchase NLIGHT's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 1.1 M | State Street Corp | 2024-06-30 | 1 M | Neuberger Berman Group Llc | 2024-06-30 | 987.2 K | Awm Investment Company Inc | 2024-09-30 | 929 K | Marathon Asset Mgmt Ltd | 2024-09-30 | 881.1 K | Stephens Inv Mgmt Group Llc | 2024-09-30 | 783.9 K | Ameriprise Financial Inc | 2024-06-30 | 567.9 K | Clearbridge Advisors, Llc | 2024-09-30 | 511.7 K | Northern Trust Corp | 2024-09-30 | 431.8 K | Vanguard Group Inc | 2024-09-30 | 4.5 M | Blackrock Inc | 2024-06-30 | 3.6 M |
NLIGHT Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (10.7M) | (6.9M) | (19.0M) | 4.6M | 14.9M | 15.6M | |
| Investments | (30.4M) | (24.5M) | (21.9M) | (72.4M) | (18.1M) | (19.0M) | |
| Change In Cash | (32.2M) | (14.7M) | 44.2M | (88.7M) | (4.6M) | (4.4M) | |
| Net Borrowings | (17.4M) | (55K) | (115K) | (428K) | (492.2K) | (516.8K) | |
| Free Cash Flow | (17.9M) | (11.3M) | (29.0M) | (36.3M) | 4.8M | 5.0M | |
| Depreciation | 9.6M | 13.7M | 15.1M | 15.7M | 16.0M | 13.0M | |
| Other Non Cash Items | (400K) | 3.0M | 3.2M | 5.8M | 1.8M | 2.1M | |
| Capital Expenditures | 13.6M | 24.3M | 21.6M | 21.7M | 5.3M | 5.1M | |
| Net Income | (12.9M) | (20.9M) | (29.7M) | (54.6M) | (41.7M) | (39.6M) | |
| End Period Cash Flow | 117.3M | 102.6M | 146.8M | 58.1M | 53.5M | 93.2M | |
| Change To Netincome | 12.4M | 25.5M | 41.0M | 32.6M | 37.5M | 39.3M |
NLIGHT Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NLIGHT or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NLIGHT's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NLIGHT stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 2.16 | |
σ | Overall volatility | 5.37 | |
Ir | Information ratio | -0.02 |
NLIGHT Volatility Alert
nLIGHT Inc exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NLIGHT's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NLIGHT's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.NLIGHT Fundamentals Vs Peers
Comparing NLIGHT's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NLIGHT's direct or indirect competition across all of the common fundamentals between NLIGHT and the related equities. This way, we can detect undervalued stocks with similar characteristics as NLIGHT or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NLIGHT's fundamental indicators could also be used in its relative valuation, which is a method of valuing NLIGHT by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NLIGHT to competition |
| Fundamentals | NLIGHT | Peer Average |
| Return On Equity | -0.2 | -0.31 |
| Return On Asset | -0.11 | -0.14 |
| Profit Margin | (0.24) % | (1.27) % |
| Operating Margin | (0.21) % | (5.51) % |
| Current Valuation | 425.58 M | 16.62 B |
| Shares Outstanding | 48.43 M | 571.82 M |
| Shares Owned By Insiders | 4.34 % | 10.09 % |
| Shares Owned By Institutions | 83.90 % | 39.21 % |
| Number Of Shares Shorted | 1.04 M | 4.71 M |
| Price To Earning | 41.86 X | 28.72 X |
| Price To Book | 2.21 X | 9.51 X |
| Price To Sales | 2.56 X | 11.42 X |
| Revenue | 209.92 M | 9.43 B |
| Gross Profit | 50.82 M | 27.38 B |
| EBITDA | (29.92 M) | 3.9 B |
| Net Income | (41.67 M) | 570.98 M |
| Cash And Equivalents | 120.63 M | 2.7 B |
| Cash Per Share | 2.67 X | 5.01 X |
| Total Debt | 14.16 M | 5.32 B |
| Debt To Equity | 0.06 % | 48.70 % |
| Current Ratio | 6.30 X | 2.16 X |
| Book Value Per Share | 4.87 X | 1.93 K |
| Cash Flow From Operations | 10.09 M | 971.22 M |
| Short Ratio | 2.23 X | 4.00 X |
| Earnings Per Share | (1.03) X | 3.12 X |
| Price To Earnings To Growth | (0.74) X | 4.89 X |
| Target Price | 16.33 | |
| Number Of Employees | 900 | 18.84 K |
| Beta | 2.32 | -0.15 |
| Market Capitalization | 519.65 M | 19.03 B |
| Total Asset | 306.8 M | 29.47 B |
| Retained Earnings | (264.3 M) | 9.33 B |
| Working Capital | 187.8 M | 1.48 B |
Note: Disposition of tradable shares by Scott Keeney of NLIGHT at 0.75 subject to Rule 16b-3 [view details]
NLIGHT Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NLIGHT . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About NLIGHT Buy or Sell Advice
When is the right time to buy or sell nLIGHT Inc? Buying financial instruments such as NLIGHT Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having NLIGHT in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Automobiles and Trucks Thematic Idea Now
Automobiles and Trucks
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Automobiles and Trucks theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Automobiles and Trucks Theme or any other thematic opportunities.
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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.