Cantor Fitzgerald Comments on nLIGHT FY2025 Earnings

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

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

A number of other analysts have also issued reports on the company. Stifel Nicolaus lowered their price target on 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 dropped their price target on nLIGHT from $16.00 to $14.00 and set a “buy” rating on the stock in a research report on Tuesday.

nLIGHT Price Performance

Shares of LASR opened at $11.47 on Wednesday. The firm has a market capitalization of $555.48 million, a price-to-earnings ratio of -11.14 and a beta of 2.19. The company has a 50-day moving average of $10.78 and a 200 day moving average of $11.19. nLIGHT has a 1-year low of $9.15 and a 1-year high of $14.75.

Insiders Place Their Bets

In other nLIGHT news, CEO Scott H. Keeney sold 12,013 shares of the business’s stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of $9.96, for a total value of $119,649.48. Following the completion of the transaction, the chief executive officer now directly owns 1,340,146 shares in the company, valued at approximately $13,347,854.16. The trade was a 0.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Joseph John Corso sold 2,500 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $10.92, for a total transaction of $27,300.00. Following the completion of the sale, the chief financial officer now owns 155,129 shares in the company, valued at $1,694,008.68. This represents a 1.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 61,019 shares of company stock worth $692,565 over the last 90 days. Company insiders own 6.10% of the company’s stock.

Hedge Funds Weigh In On nLIGHT

Large investors have recently made changes to their positions in the business. Royce & Associates LP boosted its position in shares of nLIGHT by 9.1% in the 3rd quarter. Royce & Associates LP now owns 2,733,476 shares of the company’s stock worth $29,221,000 after purchasing an additional 227,580 shares in the last quarter. Needham Investment Management LLC boosted its holdings in nLIGHT by 7.1% in the third quarter. Needham Investment Management LLC now owns 2,337,740 shares of the company’s stock worth $24,990,000 after acquiring an additional 155,000 shares in the last quarter. Harvey Partners LLC grew its stake in shares of nLIGHT by 56.5% during the third quarter. Harvey Partners LLC now owns 1,735,000 shares of the company’s stock worth $18,547,000 after acquiring an additional 626,500 shares during the last quarter. Divisar Capital Management LLC increased its holdings 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 valued at $16,897,000 after acquiring an additional 133,023 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of nLIGHT by 4.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,147,845 shares of the company’s stock valued at $12,547,000 after purchasing an additional 47,267 shares during the last quarter. 83.88% of the stock is owned by institutional investors and hedge funds.

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.