Nlight Inc Stock Performance
| LASR Stock | USD 10.73 0.12 1.11% |
NLIGHT has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 2.16, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NLIGHT will likely underperform. nLIGHT Inc currently secures a risk of 5.37%. Please verify nLIGHT Inc downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if nLIGHT Inc will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in nLIGHT Inc are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, NLIGHT is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
Actual Historical Performance (%)
One Day Return (1.11) | Five Day Return (3.51) | Year To Date Return (18.71) | Ten Year Return (60.19) | All Time Return (60.19) |
1 | Disposition of tradable shares by Scott Keeney of NLIGHT at 0.75 subject to Rule 16b-3 | 09/16/2024 |
2 | Acquisition by Carano Bandel L of 5449 shares of NLIGHT at 14.68 subject to Rule 16b-3 | 09/30/2024 |
3 | nLIGHT Announces Global Launch of Advanced Laser Technologies for Cutting and Process Monitoring | 10/14/2024 |
4 | Vanguard Groups Strategic Reduction in nLight Inc Holdings | 11/05/2024 |
5 | nLIGHT, Inc. Announces Third Quarter 2024 Results | 11/07/2024 |
6 | nLight Inc Q3 2024 Earnings EPS Loss of 0.21, Revenue Surpasses Estimates at 56.1 Million | 11/08/2024 |
7 | nLIGHT, Inc. Q3 2024 Earnings Call Transcript | 11/11/2024 |
8 | Dell Technologies Revolutionizing AI with AMD Turin-Powered Solutions | 11/26/2024 |
| Begin Period Cash Flow | 58.1 M |
NLIGHT |
NLIGHT Relative Risk vs. Return Landscape
If you would invest 1,111 in nLIGHT Inc on August 31, 2024 and sell it today you would lose (38.00) from holding nLIGHT Inc or give up 3.42% of portfolio value over 90 days. nLIGHT Inc is currently generating 0.0841% in daily expected returns and assumes 5.3671% risk (volatility on return distribution) over the 90 days horizon. In different words, 47% of stocks are less volatile than NLIGHT, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
NLIGHT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NLIGHT's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as nLIGHT Inc, and traders can use it to determine the average amount a NLIGHT's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0157
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Estimated Market Risk
| 5.37 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average NLIGHT is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NLIGHT by adding it to a well-diversified portfolio.
NLIGHT Fundamentals Growth
NLIGHT Stock prices reflect investors' perceptions of the future prospects and financial health of NLIGHT, and NLIGHT fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NLIGHT Stock performance.
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (0.24) % | ||||
| Operating Margin | (0.21) % | ||||
| Current Valuation | 425.58 M | ||||
| Shares Outstanding | 48.43 M | ||||
| Price To Earning | 41.86 X | ||||
| Price To Book | 2.21 X | ||||
| Price To Sales | 2.56 X | ||||
| Revenue | 209.92 M | ||||
| Gross Profit | 50.82 M | ||||
| EBITDA | (29.92 M) | ||||
| Net Income | (41.67 M) | ||||
| Cash And Equivalents | 120.63 M | ||||
| Cash Per Share | 2.67 X | ||||
| Total Debt | 14.16 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 6.30 X | ||||
| Book Value Per Share | 4.87 X | ||||
| Cash Flow From Operations | 10.09 M | ||||
| Earnings Per Share | (1.03) X | ||||
| Market Capitalization | 519.65 M | ||||
| Total Asset | 306.8 M | ||||
| Retained Earnings | (264.3 M) | ||||
| Working Capital | 187.8 M | ||||
| Current Asset | 65.75 M | ||||
| Current Liabilities | 25.57 M | ||||
About NLIGHT Performance
Assessing NLIGHT's fundamental ratios provides investors with valuable insights into NLIGHT's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the NLIGHT is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 116.22 | 94.84 | |
| Return On Tangible Assets | (0.14) | (0.15) | |
| Return On Capital Employed | (0.17) | (0.16) | |
| Return On Assets | (0.14) | (0.14) | |
| Return On Equity | (0.16) | (0.17) |
Things to note about nLIGHT Inc performance evaluation
Checking the ongoing alerts about NLIGHT for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for nLIGHT Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing NLIGHT's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NLIGHT's stock is overvalued or undervalued compared to its peers.
- Examining NLIGHT's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NLIGHT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NLIGHT's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NLIGHT's stock. These opinions can provide insight into NLIGHT's potential for growth and whether the stock is currently undervalued or overvalued.
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.