Lightwave Logic Stock Today

LWLG Stock  USD 4.68  0.22  4.93%   

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Odds Of Distress

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Lightwave Logic is trading at 4.68 as of the 29th of March 2024. This is a 4.93 percent up since the beginning of the trading day. The stock's lowest day price was 4.48. Lightwave Logic has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Lightwave Logic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2023 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
16th of January 1998
Category
Basic Materials
Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States. Lightwave Logic, Inc. The company has 119.19 M outstanding shares of which 19.91 M shares are now shorted by private and institutional investors with about 37.88 trading days to cover. More on Lightwave Logic
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Lightwave Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lightwave Logic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lightwave Logic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman CEOMichael Lebby
Thematic IdeaRubber and Plastic Products (View all Themes)
Business ConcentrationSpecialty Chemicals, Basic Materials, NASDAQ Composite, Rubber and Plastic Products, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Lightwave Logic report their recommendations after researching Lightwave Logic's financial statements, talking to executives and customers, or listening in on Lightwave Logic's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Lightwave Logic. The Lightwave consensus assessment is calculated by taking the average forecast from all of the analysts covering Lightwave Logic.
Lightwave Logic's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lightwave Logic's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lightwave Logic's financial leverage. It provides some insight into what part of Lightwave Logic's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Lightwave Logic's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Lightwave Logic deploys its capital and how much of that capital is borrowed.
Liquidity
Lightwave Logic cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 2.91 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Lightwave Logic has a current ratio of 34.67, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Lightwave Logic until it has trouble settling it off, either with new capital or with free cash flow. So, Lightwave Logic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lightwave Logic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lightwave to invest in growth at high rates of return. When we think about Lightwave Logic's use of debt, we should always consider it together with cash and equity.

Change In Working Capital

333,773
Lightwave Logic (LWLG) is traded on NASDAQ Exchange in USA. It is located in 369 Inverness Parkway, Englewood, CO, United States, 80112 and employs 33 people. Lightwave Logic is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 531.57 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lightwave Logic's market, we take the total number of its shares issued and multiply it by Lightwave Logic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lightwave Logic conducts business under Chemicals sector and is part of Materials industry. The entity has 119.19 M outstanding shares of which 19.91 M shares are now shorted by private and institutional investors with about 37.88 trading days to cover. Lightwave Logic currently holds about 24.83 M in cash with (12.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.
Check Lightwave Logic Probability Of Bankruptcy
Ownership Allocation
Lightwave Logic holds a total of 119.19 Million outstanding shares. Lightwave Logic secures 5.2 % of its outstanding shares held by insiders and 27.29 % owned by institutional investors. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Lightwave Ownership Details

Lightwave Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Lightwave Logic jumping above the current price in 90 days from now is about 25.53%. The Lightwave Logic probability density function shows the probability of Lightwave Logic stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.8471. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lightwave Logic will likely underperform. Additionally, lightwave Logic has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 4.68HorizonTargetOdds Above 4.68
74.34%90 days
 4.68 
25.53%
Based on a normal probability distribution, the odds of Lightwave Logic to move above the current price in 90 days from now is about 25.53 (This Lightwave Logic probability density function shows the probability of Lightwave Stock to fall within a particular range of prices over 90 days) .

Lightwave Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Lightwave Logic that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Lightwave Logic's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Lightwave Logic's value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-12-31
308.3 K
Nuveen Asset Management, Llc2023-12-31
307.3 K
Millennium Management Llc2023-12-31
288.4 K
Lpl Financial Corp2023-12-31
284.4 K
Mitsubishi Ufj Asset Management Co.,ltd2023-12-31
265.4 K
Goldman Sachs Group Inc2023-12-31
252.9 K
First Western Trust Bank2023-12-31
233.6 K
Swiss National Bank2023-12-31
218.1 K
Barclays Plc2023-12-31
183.8 K
Blackrock Inc2023-12-31
8.6 M
Vanguard Group Inc2023-12-31
8.4 M
View Lightwave Logic Diagnostics

Lightwave Logic Historical Income Statement

Lightwave Logic Income Statement is one of the three primary financial statements used for reporting Lightwave's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Lightwave Logic revenue and expense. Lightwave Logic Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Lightwave Logic's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Lightwave Logic's current Research Development is estimated to increase to about 16.7 M, while EBIT is forecasted to increase to (20.2 M). View More Fundamentals

Lightwave Stock Against Markets

Picking the right benchmark for Lightwave Logic stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lightwave Logic stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lightwave Logic is critical whether you are bullish or bearish towards Lightwave Logic at a given time. Please also check how Lightwave Logic's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Lightwave Logic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Lightwave Logic Corporate Directors

Lightwave Logic corporate directors refer to members of a Lightwave Logic board of directors. The board of directors generally takes responsibility for the Lightwave Logic's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lightwave Logic's board members must vote for the resolution. The Lightwave Logic board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Frederick LeonbergerDirectorProfile
William PickettLead Independent DirectorProfile
George LauroDirectorProfile
Siraj ElAhmadiIndependent DirectorProfile

How to buy Lightwave Stock?

Before investing in Lightwave Logic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lightwave Logic. To buy Lightwave Logic stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lightwave Logic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Lightwave Logic stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Lightwave Logic stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Lightwave Logic stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lightwave Logic, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Lightwave Stock please use our How to Invest in Lightwave Logic guide.

Already Invested in Lightwave Logic?

The danger of trading Lightwave Logic is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lightwave Logic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lightwave Logic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lightwave Logic is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Lightwave Logic is a strong investment it is important to analyze Lightwave Logic'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 Lightwave Logic's future performance. For an informed investment choice regarding Lightwave Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightwave Logic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Lightwave Logic's price analysis, check to measure Lightwave Logic'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 Lightwave Logic is operating at the current time. Most of Lightwave Logic's value examination focuses on studying past and present price action to predict the probability of Lightwave Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lightwave Logic's price. Additionally, you may evaluate how the addition of Lightwave Logic to your portfolios can decrease your overall portfolio volatility.
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Is Lightwave Logic'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 Lightwave Logic. If investors know Lightwave 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 Lightwave Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.18)
Return On Assets
(0.39)
Return On Equity
(0.66)
The market value of Lightwave Logic is measured differently than its book value, which is the value of Lightwave that is recorded on the company's balance sheet. Investors also form their own opinion of Lightwave Logic's value that differs from its market value or its book value, called intrinsic value, which is Lightwave Logic'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 Lightwave Logic's market value can be influenced by many factors that don't directly affect Lightwave Logic'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 Lightwave Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightwave Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightwave Logic'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.