Stock daily read

What happened with LASE today?

Why it moved
Explains possible causes using the day’s news and filings
Moving with the market?
Uses market moves and trading volume to assess what drove the change
What to watch next
The next thing that could change the call, and what to look for

No read yet

Uses news and trading volume to explain the day’s move and how it relates to the market.

Investment outlook

LASE in three months: buy, wait or sell?

Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.

In the report
  • Buy / Wait / Sell rating
  • 3-month target price
  • Bear · Base · Bull
  • vs. the market

Company

Company overview

Laser Photonics Corporation sells equipment to businesses that need to remove coatings and contaminants, mark parts or process materials. Its CleanTech systems use lasers to clean surfaces without physical contact, a process it markets as Laser Blasting. It designs products in-house and sells equipment directly to small and midsize businesses, while also targeting large companies and government customers.

The business extends beyond cleaning. CMS builds laser systems for marking, cutting, drilling and welding, including equipment that drills tiny openings in controlled-release pharmaceutical tablets. Beamer Laser Marking Systems supplies equipment for permanent industrial markings, such as serial numbers and traceability information. Through its Service Partner Network, Laser Photonics also supports mobile cleaning and rental businesses and charges members for generating and distributing sales leads.

Equipment demand depends heavily on manufacturers’ spending on production equipment. Sales also depend on how long customers take to qualify a system for their application, and when equipment is shipped, installed and accepted. Government work requires compliance with contracting rules and, for some programs, security clearances; international sales may require U.S. export authorization.

Continued operation depends on raising additional debt or equity capital and ultimately generating sustainable operating revenue and profit.

Read allShow less
Source: SEC filing

Red flags

Know what’s buried in LASE’s filings before you buy

The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.

Sorted into
  • Happening now
  • Could go wrong
  • Built in

Moat

LASE says it has a moat. Does it hold up?

Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.

Each edge rated
  • Strong
  • Moderate
  • Limited
  • Unproven

Related companies

  • Competition
  • Shared drivers
  • Supplier
  • Customer

Laser Photonics depends on manufacturers’ equipment spending and adoption of laser cleaning; rivals to watch outside this list include P-Laser, Laserax, 4JET and Trumpf.

  • IPG Photonics competes with Laser Photonics for manufacturers’ spending on lasers and systems that process materials, and Laser Photonics names it as a rival. Watch IPG’s materials-processing sales for a read on that demand, rather than its medical-laser business.

  • Novanta Inc. shares some of Laser Photonics’ exposure to manufacturers’ equipment spending: it sells laser sources and technologies that direct laser beams to equipment makers serving precision manufacturing, while Laser Photonics sells industrial laser-processing systems.

Agenda

in 8 daysTue, Oct 27

  1. 8:30 AMET pre-market

    Durable Goods Orders MoM (Sep)

    For Laser Photonics, orders for long-lasting goods and equipment track demand that can prompt manufacturers to invest in its CleanTech, CMS and Beamer laser systems, changing equipment sales.

in 15 daysTue, Nov 3

  1. Time to be announced

    IPG Photonics Corporation earningsIPGP

    IPG Photonics’ materials-processing sales will show whether manufacturers are still spending on laser-processing equipment, the same market where Laser Photonics competes for orders.

in 29 daysTue, Nov 17

  1. 9:15 AMET pre-market

    Industrial Production MoM (Oct)

    Industrial production tracks output from factories, mines and utilities, while capacity use shows how much available production capacity is in use; for Laser Photonics, stronger manufacturing activity can encourage investment in its industrial laser systems and change equipment sales.

in 30 daysWed, Nov 18

  1. Time to be announced
    Major

    Laser Photonics Corporation earningsThis company

    Laser Photonics’ report will show whether sales of its cleaning, processing and industrial-marking systems are bringing in enough gross profit to support operating costs.