Nlight Inc Stock Performance
| LASR Stock | USD 12.14 0.58 5.02% |
The company secures a Beta (Market Risk) of 2.19, 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 has an expected return of -0.0472%. Please make sure to verify nLIGHT Inc value at risk, as well as the relationship between the daily balance of power and period momentum indicator , to decide if nLIGHT Inc performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days nLIGHT Inc has generated negative risk-adjusted returns adding no value to investors with long positions. 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 5.02 | Five Day Return 6.68 | Year To Date Return (8.03) | Ten Year Return (54.95) | All Time Return (54.95) |
1 | nLIGHT Scheduled to Post Earnings on Thursday | 02/21/2024 |
2 | Payment of 481 shares by James Nias of NLIGHT subject to Rule 16b-3 | 02/29/2024 |
3 | Disposition of 6128 shares by Joseph Corso of NLIGHT at 13.04 subject to Rule 16b-3 | 03/01/2024 |
4 | NLight Q3 Earnings Snapshot - Barchart | 03/06/2024 |
5 | Acquisition by Scott Keeney of 116666 shares of NLIGHT subject to Rule 16b-3 | 03/07/2024 |
6 | Disposition of 14105 shares by Joseph Corso of NLIGHT at 12.26 subject to Rule 16b-3 | 03/18/2024 |
7 | Insider Sell CFO Joseph Corso Sells 14,105 Shares of nLight Inc | 03/20/2024 |
8 | Disposition of 1758 shares by Joseph Corso of NLIGHT at 12.98 subject to Rule 16b-3 | 03/28/2024 |
9 | Acquisition by Scott Keeney of 150000 shares of NLIGHT subject to Rule 16b-3 | 04/08/2024 |
10 | Vanguard Group Inc. Raises Stake in nLIGHT, Inc. - Defense World | 04/09/2024 |
11 | Acquisition by Joseph Corso of 50000 shares of NLIGHT subject to Rule 16b-3 | 04/10/2024 |
12 | Acquisition by Joseph Corso of 7467 shares of NLIGHT subject to Rule 16b-3 | 04/11/2024 |
13 | Disposition of 5074 shares by Joseph Corso of NLIGHT at 11.68 subject to Rule 16b-3 | 04/15/2024 |
14 | nLIGHT, Inc. Announces First Quarter 2023 Results - The Globe and Mail | 04/24/2024 |
| Begin Period Cash Flow | 57.8 M |
NLIGHT |
NLIGHT Relative Risk vs. Return Landscape
If you would invest 1,289 in nLIGHT Inc on February 4, 2024 and sell it today you would lose (75.00) from holding nLIGHT Inc or give up 5.82% of portfolio value over 90 days. nLIGHT Inc is currently does not generate positive expected returns and assumes 3.0956% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% 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 = -0.0152
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Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NLIGHT is not performing at its full potential. However, 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 NLIGHT 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 | -0.16 | ||||
| Return On Asset | -0.0903 | ||||
| Profit Margin | (0.20) % | ||||
| Operating Margin | (0.26) % | ||||
| Current Valuation | 447.94 M | ||||
| Shares Outstanding | 47.56 M | ||||
| Price To Earning | 41.86 X | ||||
| Price To Book | 2.13 X | ||||
| Price To Sales | 2.58 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 | 5.38 X | ||||
| Cash Flow From Operations | 10.09 M | ||||
| Earnings Per Share | (0.90) X | ||||
| Market Capitalization | 549.83 M | ||||
| Total Asset | 309.29 M | ||||
| Retained Earnings | (264.3 M) | ||||
| Working Capital | 187.8 M | ||||
| Current Asset | 65.75 M | ||||
| Current Liabilities | 25.57 M | ||||
About NLIGHT Performance
To evaluate nLIGHT Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when NLIGHT generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare NLIGHT Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand nLIGHT Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents NLIGHT's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
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 | (0.13) | (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 generated a negative expected return over the last 90 days | |
| nLIGHT Inc has high historical volatility and very poor performance | |
| 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 86.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: nLIGHT, Inc. Announces First Quarter 2023 Results - The Globe and Mail |
- 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary 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.
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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.