nLight (NASDAQ:LASR) Receives Average Rating of “Buy” from Analysts

Shares of nLight (NASDAQ:LASR) have been assigned an average rating of “Buy” from the eight ratings firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $27.4167.

A number of equities research analysts recently issued reports on LASR shares. Benchmark raised their price target on nLight from $15.00 to $25.00 and gave the stock a “speculative buy” rating in a research note on Friday, August 8th. Stifel Nicolaus raised their price target on nLight from $12.00 to $26.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Needham & Company LLC raised their price target on nLight from $18.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Raymond James Financial reissued a “strong-buy” rating on shares of nLight in a research note on Friday, August 8th. Finally, Zacks Research upgraded nLight from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th.

Insider Buying and Selling at nLight

In other nLight news, CFO Joseph John Corso sold 38,284 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $28.29, for a total transaction of $1,083,054.36. Following the transaction, the chief financial officer directly owned 273,118 shares in the company, valued at $7,726,508.22. This trade represents a 12.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Scott H. Keeney sold 62,507 shares of the firm’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $30.99, for a total value of $1,937,091.93. Following the transaction, the chief executive officer owned 2,319,038 shares in the company, valued at $71,866,987.62. The trade was a 2.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 374,980 shares of company stock worth $10,650,501 over the last 90 days. 6.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of LASR. GAMMA Investing LLC increased its holdings in shares of nLight by 147.6% in the 2nd quarter. GAMMA Investing LLC now owns 1,550 shares of the company’s stock valued at $31,000 after acquiring an additional 924 shares during the period. Osaic Holdings Inc. increased its holdings in shares of nLight by 1,599.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,835 shares of the company’s stock valued at $36,000 after acquiring an additional 1,727 shares during the period. Global Retirement Partners LLC purchased a new position in shares of nLight in the 3rd quarter valued at $49,000. Nisa Investment Advisors LLC increased its holdings in shares of nLight by 162.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,747 shares of the company’s stock valued at $54,000 after acquiring an additional 1,700 shares during the period. Finally, Militia Capital Partners LP purchased a new position in shares of nLight in the 2nd quarter valued at $71,000. 83.88% of the stock is currently owned by hedge funds and other institutional investors.

nLight Price Performance

NASDAQ:LASR opened at $31.93 on Wednesday. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of -33.61 and a beta of 2.48. nLight has a 1 year low of $6.20 and a 1 year high of $33.55. The business has a 50 day simple moving average of $29.36 and a 200-day simple moving average of $20.08. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.63 and a quick ratio of 4.41.

nLight (NASDAQ:LASR) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.15. nLight had a negative return on equity of 19.12% and a negative net margin of 21.66%.The business had revenue of $61.74 million during the quarter, compared to analyst estimates of $55.24 million. During the same period last year, the company earned ($0.10) EPS. The company’s revenue for the quarter was up 22.2% on a year-over-year basis. nLight has set its Q3 2025 guidance at EPS. Equities analysts forecast that nLight will post -1.1 EPS for the current year.

nLight Company Profile

nLIGHT, Inc designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates in two segments, Laser Products and Advanced Development. It offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in industrial and aerospace and defense applications.