Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Luminar Technologies Inc (NASDAQ: LAZR) was $1.36 for the day, up 17.24% from the previous closing price of $1.16. In other words, the price has increased by $17.24 from its previous closing price. On the day, 29.37 million shares were traded. LAZR stock price reached its highest trading level at $1.44 during the session, while it also had its lowest trading level at $1.13.
Ratios:
Our analysis of LAZR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.13 and its Current Ratio is at 2.42.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 93519664 and an Enterprise Value of 461755648. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29. Its current Enterprise Value per Revenue stands at 6.369 whereas that against EBITDA is -1.76.
Stock Price History:
The Beta on a monthly basis for LAZR is 2.03, which has changed by -0.9083728 over the last 52 weeks, in comparison to a change of 0.18286073 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 $1.08. The 50-Day Moving Average of the stock is -30.73%, while the 200-Day Moving Average is calculated to be -62.77%.
Shares Statistics:
LAZR traded an average of 6.61M shares per day over the past three months and 14578600 shares per day over the past ten days. A total of 68.76M shares are outstanding, with a floating share count of 57.26M. Insiders hold about 16.73% of the company’s shares, while institutions hold 22.79% stake in the company. Shares short for LAZR as of 1760486400 were 12803443 with a Short Ratio of 1.94, compared to 1757894400 on 13262193. Therefore, it implies a Short% of Shares Outstanding of 12803443 and a Short% of Float of 20.21.
Earnings Estimates
The company has 1.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.97, with high estimates of -$0.97 and low estimates of -$0.97.
Analysts are recommending an EPS of between -$5.01 and -$5.01 for the fiscal current year, implying an average EPS of -$5.01. EPS for the following year is -$4.06, with 1.0 analysts recommending between -$4.06 and -$4.06.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 1 analysts. It ranges from a high estimate of $18.85M to a low estimate of $18.85M. As of. The current estimate, Luminar Technologies Inc’s year-ago sales were $15.49MFor the next quarter, 1 analysts are estimating revenue of $16.67M. There is a high estimate of $16.67M for the next quarter, whereas the lowest estimate is $16.67M.
A total of 1 analysts have provided revenue estimates for LAZR’s current fiscal year. The highest revenue estimate was $70.03M, while the lowest revenue estimate was $70.03M, resulting in an average revenue estimate of $70.03M. In the same quarter a year ago, actual revenue was $75.39MBased on 1 analysts’ estimates, the company’s revenue will be $72.1M in the next fiscal year. The high estimate is $72.1M and the low estimate is $72.1M.
