Analysts Issue Forecasts for nLIGHT FY2025 Earnings

nLIGHT, Inc. (NASDAQ:LASR) – Stock analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of nLIGHT in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst T. Jensen anticipates that the company will post earnings of ($1.10) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $15.50 target price on the stock. The consensus estimate for nLIGHT’s current full-year earnings is ($1.10) per share.

Several other brokerages also recently issued reports on LASR. Stifel Nicolaus cut their price target on shares of nLIGHT from $17.00 to $14.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. Needham & Company LLC cut their price target on shares of nLIGHT from $16.00 to $14.00 and set a “buy” rating for the company in a report on Tuesday.

nLIGHT Stock Up 0.9 %

Shares of LASR stock opened at $11.57 on Wednesday. nLIGHT has a 12-month low of $9.15 and a 12-month high of $14.75. The company has a market capitalization of $560.34 million, a P/E ratio of -11.23 and a beta of 2.19. The firm has a 50-day moving average price of $10.79 and a 200 day moving average price of $11.19.

nLIGHT (NASDAQ:LASR) last issued its earnings results on Thursday, November 7th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.13). nLIGHT had a negative net margin of 24.16% and a negative return on equity of 19.53%. The business had revenue of $56.13 million for the quarter, compared to analyst estimates of $55.71 million. During the same quarter last year, the firm posted ($0.24) earnings per share.

Insiders Place Their Bets

In other nLIGHT news, CFO Joseph John Corso sold 2,500 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $10.92, for a total value of $27,300.00. Following the completion of the transaction, the chief financial officer now directly owns 155,129 shares of the company’s stock, valued at approximately $1,694,008.68. The trade was a 1.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Scott H. Keeney sold 12,013 shares of the business’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $9.96, for a total transaction of $119,649.48. Following the sale, the chief executive officer now directly owns 1,340,146 shares of the company’s stock, valued at approximately $13,347,854.16. This trade represents a 0.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 61,019 shares of company stock valued at $692,565. Insiders own 6.10% of the company’s stock.

Institutional Investors Weigh In On nLIGHT

Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its stake in shares of nLIGHT by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,103,920 shares of the company’s stock worth $11,804,000 after buying an additional 9,673 shares during the last quarter. Barclays PLC raised its stake in shares of nLIGHT by 317.7% during the third quarter. Barclays PLC now owns 70,599 shares of the company’s stock worth $755,000 after buying an additional 53,699 shares during the last quarter. Jane Street Group LLC raised its stake in shares of nLIGHT by 98.2% during the third quarter. Jane Street Group LLC now owns 138,646 shares of the company’s stock worth $1,482,000 after buying an additional 68,682 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of nLIGHT by 2.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 385,784 shares of the company’s stock worth $4,124,000 after buying an additional 8,139 shares during the last quarter. Finally, Divisar Capital Management LLC raised its stake in shares of nLIGHT by 9.4% during the second quarter. Divisar Capital Management LLC now owns 1,545,935 shares of the company’s stock worth $16,897,000 after buying an additional 133,023 shares during the last quarter. 83.88% of the stock is owned by institutional investors.

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.