Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Luminar Technologies Inc (NASDAQ: LAZR) closed at $1.77 up 5.36% from its previous closing price of $1.68. In other words, the price has increased by $5.36 from its previous closing price. On the day, 4.34 million shares were traded. LAZR stock price reached its highest trading level at $1.85 during the session, while it also had its lowest trading level at $1.675.
Ratios:
For a deeper understanding of Luminar Technologies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.13 and its Current Ratio is at 2.42.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 23 ’24 when Heng Jun Hong sold 72,842 shares for $5.10 per share. The transaction valued at 371,254 led to the insider holds 0 shares of the business.
Jun Hong Heng bought 72,842 shares of LAZR for $385,334 on Dec 23 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LAZR now has a Market Capitalization of 121713160 and an Enterprise Value of 489949088. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68. Its current Enterprise Value per Revenue stands at 6.758 whereas that against EBITDA is -1.868.
Stock Price History:
The Beta on a monthly basis for LAZR is 2.02, which has changed by -0.8605201 over the last 52 weeks, in comparison to a change of 0.17089343 over the same period for the S&P500. Over the past 52 weeks, LAZR has reached a high of $18.60, while it has fallen to a 52-week low of $1.58. The 50-Day Moving Average of the stock is -29.95%, while the 200-Day Moving Average is calculated to be -61.56%.
Shares Statistics:
For the past three months, LAZR has traded an average of 3.80M shares per day and 3162650 over the past ten days. A total of 68.76M shares are outstanding, with a floating share count of 59.71M. Insiders hold about 14.37% of the company’s shares, while institutions hold 19.33% stake in the company. Shares short for LAZR as of 1756425600 were 11943999 with a Short Ratio of 3.15, compared to 1753920000 on 8307209. Therefore, it implies a Short% of Shares Outstanding of 11943999 and a Short% of Float of 18.85.
Earnings Estimates
Luminar Technologies Inc (LAZR) is presently subject to a detailed evaluation by 4.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.78, with high estimates of -$0.56 and low estimates of -$0.97.
Analysts are recommending an EPS of between -$3.99 and -$5.01 for the fiscal current year, implying an average EPS of -$4.46. EPS for the following year is -$2.37, with 4.0 analysts recommending between -$1.19 and -$4.06.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $17.56M this quarter.It ranges from a high estimate of $18.85M to a low estimate of $16M. As of the current estimate, Luminar Technologies Inc’s year-ago sales were $15.49MFor the next quarter, 4 analysts are estimating revenue of $18.12M. There is a high estimate of $19M for the next quarter, whereas the lowest estimate is $16.67M.
A total of 4 analysts have provided revenue estimates for LAZR’s current fiscal year. The highest revenue estimate was $70.8M, while the lowest revenue estimate was $69.78M, resulting in an average revenue estimate of $70.28M. In the same quarter a year ago, actual revenue was $75.39MBased on 4 analysts’ estimates, the company’s revenue will be $79.16M in the next fiscal year. The high estimate is $89.96M and the low estimate is $72.1M.
