Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Luminar Technologies Inc (NASDAQ: LAZR) closed the day trading at $0.31 down -11.21% from the previous closing price of $0.35. In other words, the price has decreased by -$11.21 from its previous closing price. On the day, 28.38 million shares were traded. LAZR stock price reached its highest trading level at $0.3875 during the session, while it also had its lowest trading level at $0.3043.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 24369890 and an Enterprise Value of 403334880. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32. Its current Enterprise Value per Revenue stands at 5.324 whereas that against EBITDA is -1.818.
Stock Price History:
The Beta on a monthly basis for LAZR is 1.34, which has changed by -0.93774253 over the last 52 weeks, in comparison to a change of 0.16081822 over the same period for the S&P500. Over the past 52 weeks, LAZR has reached a high of $10.40, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -76.61%, while the 200-Day Moving Average is calculated to be -89.28%.
Shares Statistics:
Over the past 3-months, LAZR traded about 8.78M shares per day on average, while over the past 10 days, LAZR traded about 11266520 shares per day. A total of 71.04M shares are outstanding, with a floating share count of 65.44M. Insiders hold about 15.95% of the company’s shares, while institutions hold 22.44% stake in the company. Shares short for LAZR as of 1764288000 were 21243204 with a Short Ratio of 2.42, compared to 1761868800 on 14522428. Therefore, it implies a Short% of Shares Outstanding of 21243204 and a Short% of Float of 29.32.
Earnings Estimates
At present, 2.0 analysts are actively evaluating the performance of Luminar Technologies Inc (LAZR) in the stock market.The consensus estimate for the next quarter is -$0.34, with high estimates of -$0.34 and low estimates of -$0.34.
Analysts are recommending an EPS of between -$4.14 and -$4.29 for the fiscal current year, implying an average EPS of -$4.21. EPS for the following year is -$2.24, with 2.0 analysts recommending between -$0.95 and -$3.52.
Revenue Estimates
2 analysts predict $9.5M in revenue for. The current quarter. It ranges from a high estimate of $10M to a low estimate of $9M. As of. The current estimate, Luminar Technologies Inc’s year-ago sales were $22.48M
A total of 2 analysts have provided revenue estimates for LAZR’s current fiscal year. The highest revenue estimate was $63.27M, while the lowest revenue estimate was $61.82M, resulting in an average revenue estimate of $62.54M. In the same quarter a year ago, actual revenue was $75.39MBased on 2 analysts’ estimates, the company’s revenue will be $51.05M in the next fiscal year. The high estimate is $72.1M and the low estimate is $30M.
