Nlight Inc Stock Buy Hold or Sell Recommendation

LASR Stock  USD 13.00  0.36  2.85%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding NLIGHT Inc is 'Hold'. Macroaxis provides NLIGHT buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NLIGHT positions. The advice algorithm takes into account all of NLIGHT's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting NLIGHT's buy or sell advice are summarized below:
Real Value
13.19
Target Price
18.5
Hype Value
13
Market Value
13
Naive Value
13.28
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.
In addition, we conduct extensive research on individual companies such as NLIGHT and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards NLIGHT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

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

Execute Advice
Sell NLIGHTBuy NLIGHT
Hold

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Strong BuyDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon NLIGHT Inc has a Risk Adjusted Performance of 0.0034, Jensen Alpha of (0.33), Total Risk Alpha of (0.69) and Treynor Ratio of (0.01)
Our investment recommendation tool can cross-verify current analyst consensus on NLIGHT Inc and to analyze the entity potential to grow next year. To make sure NLIGHT Inc is not overpriced, please verify all NLIGHT Inc fundamentals, including its debt to equity, market capitalization, and the relationship between the ebitda and earnings per share . Given that NLIGHT Inc has a price to earning of 41.86 X, we recommend you to check NLIGHT market performance and probability of bankruptcy to ensure the company can sustain itself next year given your last-minute risk tolerance and investing horizon.

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 85.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: Insider Sell CFO Joseph Corso Sells 14,105 Shares of nLight Inc

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
-3.62
Potential Upside
4.60
Standard Deviation
2.92
   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

Have you ever been surprised when a price of an equity instrument such as NLIGHT is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NLIGHT Inc backward and forwards among themselves. NLIGHT's institutional investor refers to the entity that pools money to purchase NLIGHT's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Neuberger Berman Group Llc2023-09-30
M
Needham Investment Management, Llc2023-09-30
M
Stephens Inv Mgmt Group Llc2023-12-31
M
Geode Capital Management, Llc2023-09-30
953.8 K
State Street Corporation2023-09-30
912.8 K
Harvey Partners Llc2023-09-30
741.5 K
Awm Investment Company Inc2023-12-31
741.4 K
Northern Trust Corp2023-09-30
450.9 K
Ameriprise Financial Inc2023-09-30
420.4 K
Vanguard Group Inc2023-09-30
M
Jpmorgan Chase & Co2023-09-30
3.5 M
Note, although NLIGHT's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

NLIGHT Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory(10.7M)(6.9M)(19.0M)4.6M14.9M15.6M
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)4.8M5.0M
Depreciation9.6M13.7M15.1M15.7M16.0M13.0M
Other Non Cash Items(400K)3.0M3.2M5.8M1.8M2.1M
Capital Expenditures13.6M24.3M21.6M21.7M5.3M5.1M
Net Income(12.9M)(20.9M)(29.7M)(54.6M)(41.7M)(39.6M)
End Period Cash Flow117.3M102.6M146.8M58.1M53.2M93.2M
Change To Netincome12.4M25.5M41.0M32.6M37.5M39.3M

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 NYSE Composite
-0.33
β
Beta against NYSE Composite2.38
σ
Overall volatility
3.00
Ir
Information ratio -0.05

NLIGHT Volatility Alert

NLIGHT Inc exhibits very low volatility with skewness of -0.75 and kurtosis of 4.42. 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
FundamentalsNLIGHTPeer Average
Return On Equity-0.16-0.31
Return On Asset-0.0903-0.14
Profit Margin(0.20) %(1.27) %
Operating Margin(0.26) %(5.51) %
Current Valuation500.43 M16.62 B
Shares Outstanding47.29 M571.82 M
Shares Owned By Insiders4.16 %10.09 %
Shares Owned By Institutions84.89 %39.21 %
Number Of Shares Shorted1.46 M4.71 M
Price To Earning41.86 X28.72 X
Price To Book2.35 X9.51 X
Price To Sales2.85 X11.42 X
Revenue209.92 M9.43 B
Gross Profit50.82 M27.38 B
EBITDA(29.92 M)3.9 B
Net Income(41.67 M)570.98 M
Cash And Equivalents120.63 M2.7 B
Cash Per Share2.67 X5.01 X
Total Debt14.16 M5.32 B
Debt To Equity0.06 %48.70 %
Current Ratio6.30 X2.16 X
Book Value Per Share5.38 X1.93 K
Cash Flow From Operations10.09 M971.22 M
Short Ratio7.11 X4.00 X
Earnings Per Share(0.90) X3.12 X
Price To Earnings To Growth(0.74) X4.89 X
Target Price16.0
Number Of Employees93018.84 K
Beta2.44-0.15
Market Capitalization597.74 M19.03 B
Total Asset309.29 M29.47 B
Retained Earnings(264.3 M)9.33 B
Working Capital187.8 M1.48 B
Note: Disposition of 1758 shares by Joseph Corso of NLIGHT at 12.98 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.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total17.7M15.6M14.2M13.4M
Total Assets373.6M329.2M309.3M271.8M

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 Broad Municipals ETFs Thematic Idea Now

Broad Municipals ETFs
Broad Municipals ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Municipals ETFs theme has 49 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 Broad Municipals ETFs Theme or any other thematic opportunities.
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When determining whether NLIGHT Inc is a strong investment it is important to analyze NLIGHT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NLIGHT's future performance. For an informed investment choice regarding NLIGHT Stock, refer to the following important reports:
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.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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Is NLIGHT's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NLIGHT. If investors know NLIGHT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NLIGHT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.90)
Revenue Per Share
4.556
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.09)
Return On Equity
(0.16)
The market value of NLIGHT Inc is measured differently than its book value, which is the value of NLIGHT that is recorded on the company's balance sheet. Investors also form their own opinion of NLIGHT's value that differs from its market value or its book value, called intrinsic value, which is NLIGHT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NLIGHT's market value can be influenced by many factors that don't directly affect NLIGHT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NLIGHT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NLIGHT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NLIGHT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.