In the last trading session, 1.42 million shares of the LENSAR Inc (NASDAQ:LNSR) were traded, and its beta was 0.54. Most recently the company’s share price was $14.24, and it changed around -$0.58 or -3.91% from the last close, which brings the market valuation of the company to $167.88M. LNSR currently trades at a discount to its 52-week high of $17.31, offering almost -21.56% off that amount. The share price’s 52-week low was $2.67, which indicates that the current value has risen by an impressive 81.25% since then. We note from LENSAR Inc’s average daily trading volume that its 10-day average is 0.28 million shares, with the 3-month average coming to 112.19K.
LENSAR Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended LNSR as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. LENSAR Inc is expected to report earnings per share of -0.16 for the current quarter.
LENSAR Inc (NASDAQ:LNSR) trade information
Instantly LNSR has showed a red trend with a performance of -3.91% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 17.31 on recent trading dayincreased the stock’s daily price by 17.74%. The company’s shares are currently up 59.28% year-to-date, but still down -8.60% over the last five days. On the other hand, LENSAR Inc (NASDAQ:LNSR) is 53.28% up in the 30-day period. We can see from the shorts that 0.11 million shares have been sold at a short interest cover period of 1.0 day(s).
LENSAR Inc (LNSR) estimates and forecasts
The year-over-year growth rate is expected to be 27.40%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 13.4M in revenue for the current quarter. 2 analysts expect LENSAR Inc to make 16.55M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 10.59M and 12.64M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 26.56%. Forecasts for the next quarter put sales growth at 30.97%. Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -14.63%.
LENSAR Inc (NASDAQ:LNSR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 20.77% of LENSAR Inc shares, and 40.75% of them are in the hands of institutional investors. The stock currently has a share float of 51.44%. LENSAR Inc stock is held by 58.0 institutions, with PARK WEST ASSET MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 8.5007% of the shares, which is about 0.97 million shares worth $4.38 million.
DIMENSIONAL FUND ADVISORS LP, with 5.7734% or 0.66 million shares worth $2.96 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 282.93 shares worth $4.03 million, making up 2.40% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 133.24 shares worth around $1.9 million, which represents about 1.13% of the total shares outstanding.
