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Luminar Technologies (LAZR)
NASDAQ:LAZR
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LAZR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.73 - $5.00
Previous Close$0.79
Volume26.07M
Average Volume (3M)14.75M
Market Cap
$400.91M
Enterprise Value$904.21M
Total Cash (Recent Filing)$161.32M
Total Debt (Recent Filing)$664.62M
Price to Earnings (P/E)―
Beta2.60
Next Earnings
Nov 07, 2024EPS Estimate
-$0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.29
Shares Outstanding493,760,537
10 Day Avg. Volume29,089,847
30 Day Avg. Volume14,745,255
Standard Deviation0.19
R-Squared0.14
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)-1.15
Price to Sales (P/S)5.22
Price to Cash Flow (P/CF)-1.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.82
Enterprise Value/Gross Profit-12.44
Enterprise Value/Ebitda-1.86
Forecast
1Y Price Target
$3.00Price Target Upside278.79% Upside
Rating ConsensusHold
Number of Analyst Covering8
Luminar Technologies News
Bulls Say, Bears Say
Bulls Say
Balance Sheet And LiquidityRestructuring has reduced total debt by $148 million while extending a significant portion of maturities from 2026 to 2030.
Market PositionLuminar Technologies is an emerging leader in next-generation LIDAR sensors and is positioned to benefit from the increasing use of autonomous driving technology.
Product DevelopmentThe development of next-generation LiDAR, Halo, remains on track, as costs and time have been substantially reduced compared with the Iris product family.
Bears Say
Financial PerformanceRevenue and gross margin for Luminar Technologies were significantly below both analyst estimates and consensus.
Industry CompetitionThe company continues to face a high degree of competition in the market.
Production DelaysLuminar Technologies has pushed out its guidance, expecting to achieve quarterly run-rate revenue in the mid-$30 million range in 2025 instead of the second half of 2024.
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Ownership Overview
8.44% Insiders
11.47% Mutual Funds
18.01% Other Institutional Investors
62.08% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LAZR FAQ
What was Luminar Technologies’s price range in the past 12 months?
Luminar Technologies lowest stock price was $0.72 and its highest was $5.00 in the past 12 months.
What is Luminar Technologies’s market cap?
Currently, no data Available
When is Luminar Technologies’s upcoming earnings report date?
Luminar Technologies’s upcoming earnings report date is Nov 07, 2024 which is in 49 days.
How were Luminar Technologies’s earnings last quarter?
Luminar Technologies released its earnings results on Aug 06, 2024. The company reported -$0.18 earnings per share for the quarter, missing the consensus estimate of -$0.173 by -$0.007.
Is Luminar Technologies overvalued?
According to Wall Street analysts Luminar Technologies’s price is currently Undervalued.
Does Luminar Technologies pay dividends?
Luminar Technologies does not currently pay dividends.
What is Luminar Technologies’s EPS estimate?
Luminar Technologies’s EPS estimate is -$0.16.
How many shares outstanding does Luminar Technologies have?
Luminar Technologies has 409,111,200 shares outstanding.
What happened to Luminar Technologies’s price movement after its last earnings report?
Luminar Technologies reported an EPS of -$0.18 in its last earnings report, missing expectations of -$0.173. Following the earnings report the stock price went down -37.143%.
Which hedge fund is a major shareholder of Luminar Technologies?
Among the largest hedge funds holding Luminar Technologies’s share is Gotham Asset Management LLC. It holds Luminar Technologies’s shares valued at 109K.
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Luminar Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$3.00 (278.79% Upside)
$3.00 (278.79% Upside)
Blogger Sentiment
Bullish
LAZR Sentiment 69%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 93.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-84.03%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-36.34%
Trailing 12-Months
Company Description
Luminar Technologies
Luminar is an automotive technology company providing LiDAR hardware and software products to enable vehicle safety and autonomy. The company, through its Autonomy Solutions segment, manufactures and distributes LiDAR sensors. Further, Luminar’s Advanced Technologies and Services division develops application-specific integrated circuits, advanced lasers, and pixel-based sensors.
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LAZR Company Deck
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LAZR Earnings Call
Q2 2024
0:00 / 0:00
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LAZR Stock 12 Month Forecast
Average Price Target
$3.00
▲(278.79% Upside)
Technical Analysis
Best Analysts Covering LAZR
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+65.41%
reiterated a sell rating last month
Copying Mark Delaney's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +65.41% per trade.
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