Luminar Stock Analysis

LAZR -  USA Stock  

USD 23.02  0.97  4.04%

The latest Luminar Technologies price fall may encourage retail investors to take a closer look at the firm as it is trading at a share price of 23.02 on 2,110,665 in trading volume. The company executives were unable to exploit market volatilities in May. However, diversifying your overall positions with Luminar Technologies can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 5.98. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Luminar Technologies partners.
Additionally, see Stocks Correlation.

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The Luminar Technologies stock analysis report makes it easy to digest most publicly released information about Luminar Technologies and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Luminar stock analysis module also helps to analyze the Luminar Technologies price relationship with some important fundamental indicators such as market cap and management efficiency.

Luminar Stock Analysis Notes

About 64.0% of the company shares are owned by institutional investors. The company had not issued any dividends in recent years. Luminar Technologies, Inc. develops and manufactures LiDAR based sensors for vehicles. The company was founded in 2012 and is based in Orlando, Florida. Luminar operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange. To find out more about Luminar Technologies contact the company at 407 900 5259 or learn more at http://www.luminartech.com.

Luminar Technologies Quarterly Cost of Revenue

7.64 MillionShare

Luminar Technologies Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Luminar Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Luminar Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Luminar Technologies generates negative expected return over the last 90 days
Luminar Technologies has high historical volatility and very poor performance
Luminar Technologies has high likelihood to experience some financial distress in the next 2 years
Luminar Technologies has a frail financial position based on the latest SEC disclosures
About 64.0% of the company shares are owned by institutional investors
Latest headline from www.equities.com: Luminar Technologies Inc - Class A falls -0.3750 percent for June 15 - Equities.com

Luminar Largest EPS Surprises

Earnings surprises can significantly impact Luminar Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-05-13
2021-03-31-0.0416-0.08-0.038492 
2021-03-18
2020-12-31-0.05-2.72-2.675340 
2020-12-23
2020-09-30-0.05-3.2533-3.20336406 
View All Earnings Estimates

Luminar Technologies SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Luminar Technologies prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Luminar Technologies investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Luminar Technologies specific information freely available to individual and institutional investors to make a timely investment decision.
10th of June 2021
Other Events. Submission of Matters to a Vote of Security Holders
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13th of May 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
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31st of March 2021
Other Events
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18th of March 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
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11th of March 2021
Financial Statements and Exhibits. Other Events
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4th of March 2021
Unclassified Corporate Event
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16th of February 2021
Unclassified Corporate Event. Unclassified Corporate Event
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12th of February 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Unclassified Corporate Event
View

Luminar Technologies Thematic Classifications

In addition to having Luminar Technologies stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Automobiles and Trucks IdeaAutomobiles and Trucks
USA Equities from Automobiles and Trucks industry as classified by Fama & French

Luminar Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Luminar Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Luminar Technologies backward and forwards among themselves. Luminar Technologies' institutional investor refers to the entity that pools money to purchase Luminar Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares14.9 M363.3 M
Blackrock IncCommon Shares3.3 M80.8 M
Susquehanna International Group LlpCall Options1.6 M39.9 M
Susquehanna International Group LlpPut Options1.6 M39.1 M
Geode Capital Management LlcCommon Shares1.6 M39 M
Idg China Venture Capital Fund Iv Associates LpCommon Shares1.5 M36.4 M
Allianz Asset Management GmbhCommon Shares1.3 M31.9 M
Vident Investment Advisory LlcCommon Shares974.2 K23.7 M
Chescapmanager LlcCommon Shares840.3 K20.4 M
Note, although Luminar Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Luminar Profitablity

Luminar Technologies' profitability indicators refer to fundamental financial ratios that showcase Luminar Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Luminar Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Luminar Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Luminar Technologies' profitability requires more research than a typical breakdown of Luminar Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2021
Return on Average Assets(0.97) (1.05) 
Return on Average Equity 12.49  10.78 
Return on Invested Capital(1.18) (1.27) 
Return on Sales(26.25) (28.32) 

Management Efficiency

As of 06/17/2021, Return on Average Assets is likely to drop to -1.05. In addition to that, Return on Average Equity is likely to drop to 10.78. Luminar Technologies Total Assets are relatively stable at the moment as compared to the past year. Luminar Technologies reported last year Total Assets of 510.35 Million. As of 06/17/2021, Current Assets is likely to grow to about 540.3 M, while Goodwill and Intangible Assets are likely to drop slightly above 627.2 K. Luminar Technologies management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2021
Book Value per Share 1.02  1.11 
Enterprise Value over EBIT(4.50) (4.86) 
Enterprise Value over EBITDA(4.67) (5.04) 
Price to Book Value 11.43  12.33 
Tangible Assets Book Value per Share 3.51  3.79 
Enterprise Value1.7 B1.5 B
Tangible Asset Value509.6 M549.9 M

Technical Drivers

As of the 17th of June 2021, Luminar Technologies secures the risk adjusted performance of (0.002053), and Mean Deviation of 4.5. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Luminar Technologies, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Luminar Technologies, which can be compared to its peers in the industry. Please verify Luminar Technologies coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Luminar Technologies is priced some-what accurately, providing market reflects its recent price of 23.02 per share. Given that Luminar Technologies has jensen alpha of (0.11), we recommend you to check Luminar Technologies's last-minute market performance to make sure the company can sustain itself at a future point.

Luminar Technologies Price Movement Analysis

The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Exponential Moving Average is calculated by weighting recent values of Luminar Technologies more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Luminar Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Luminar Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Luminar Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Luminar Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Luminar Technologies Predictive Daily Indicators

Luminar Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Luminar Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Luminar Technologies Forecast Models

Luminar Technologies time-series forecasting models is one of many Luminar Technologies' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Luminar Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Luminar Technologies Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Luminar Technologies stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Luminar shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Luminar Technologies. By using and applying Luminar Stock analysis, traders can create a robust methodology for identifying Luminar entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin(26.07) (28.12) 
Gross Margin(0.79) (0.85) 
Profit Margin(26.45) (28.54) 
Luminar Technologies, Inc. develops and manufactures LiDAR based sensors for vehicles. The company was founded in 2012 and is based in Orlando, Florida. Luminar operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

Current Luminar Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Luminar analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Luminar analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
27.33Hold6Odds
Luminar Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Luminar analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Luminar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Luminar Technologies, talking to its executives and customers, or listening to Luminar conference calls.
Luminar Analyst Advice Details

Luminar Stock Analysis Indicators

Luminar Technologies stock analysis indicators help investors evaluate how Luminar Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Luminar Technologies shares will generate the highest return on investment. By understating and applying Luminar Technologies stock analysis, traders can identify Luminar Technologies position entry and exit signals to maximize returns.
Fifty Two Week Low9.45
Fifty Two Week High34.44
Average Daily Volume Last 10 Day21.91M
Average Daily Volume In Three Month3.65M
Fifty Day Average12.39
Two Hundred Day Average11.30
Additionally, see Stocks Correlation. Note that the Luminar Technologies information on this page should be used as a complementary analysis to other Luminar Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Luminar Technologies Stock analysis

When running Luminar Technologies stock analysis, check to measure Luminar Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Luminar Technologies is operating at the current time. Most of Luminar Technologies' stock examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.
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The market value of Luminar Technologies is measured differently than its book value, which is the value of Luminar that is recorded on the company's balance sheet. Investors also form their own opinion of Luminar Technologies stock's value that differs from its market value or its book value, called intrinsic value, which is Luminar Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Luminar Technologies' market value can be influenced by many factors that don't directly affect Luminar Technologies underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Luminar Technologies' stock value and its price as these two are different measures arrived at by different means. Investors typically determine Luminar Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luminar Technologies' stock price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.