Luminar Technologies Stock Analysis

LAZR Stock  USD 1.83  0.04  2.14%   
Luminar Technologies is undervalued with Real Value of 3.9 and Target Price of 10.38. The main objective of Luminar Technologies stock analysis is to determine its intrinsic value, which is an estimate of what Luminar Technologies is worth, separate from its market price. There are two main types of Luminar Technologies' stock analysis: fundamental analysis and technical analysis.
The Luminar Technologies stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Luminar Technologies is usually not traded on Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day. Luminar Stock trading window is adjusted to America/New York timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luminar Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.

Luminar Stock Analysis Notes

About 40.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.11. Luminar Technologies recorded a loss per share of 1.37. The entity had not issued any dividends in recent years. Luminar Technologies, Inc., an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. The company was founded in 2012 and is headquartered in Orlando, Florida. Luminar Technologies operates under Auto Parts classification in the United States and is traded on NASDAQ Exchange. It employs 500 people. To find out more about Luminar Technologies contact the company at 800 532 2417 or learn more at https://www.luminartech.com.

Luminar Technologies Investment Alerts

Luminar Technologies is way too risky over 90 days horizon
Luminar Technologies may become a speculative penny stock
Luminar Technologies appears to be risky and price may revert if volatility continues
Luminar Technologies has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 69.78 M. Net Loss for the year was (571.27 M) with loss before overhead, payroll, taxes, and interest of (60.28 M).
Luminar Technologies currently holds about 553.05 M in cash with (247.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.52.
Luminar Technologies has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: Luminar Technologies Shares Gap Down to 2.15 - MarketBeat

Luminar Technologies Upcoming and Recent Events

27th of February 2024
Upcoming Quarterly Report
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14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

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
2022-11-02
2022-09-30-0.2-0.180.0210 
2022-08-08
2022-06-30-0.16-0.18-0.0212 
2023-05-09
2023-03-31-0.21-0.24-0.0314 
View All Earnings Estimates

Luminar Stock Institutional Investors

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.
Shares
Mirae Asset Global Investments (korea) Co Ltd2024-03-31
1.9 M
Morgan Stanley - Brokerage Accounts2024-03-31
1.7 M
Chescapmanager Llc2024-03-31
1.6 M
Bank Of New York Mellon Corp2024-03-31
1.6 M
Lido Advisors, Llc2024-03-31
1.3 M
Raymond James & Associates2024-03-31
1.2 M
Nuveen Asset Management, Llc2024-03-31
M
Goldman Sachs Group Inc2024-03-31
901.8 K
Jpmorgan Chase & Co2024-03-31
828.8 K
Vanguard Group Inc2024-03-31
27 M
Blackrock Inc2024-03-31
22.6 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 Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 837.82 M.

Luminar Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(1.19)(1.24)
Return On Capital Employed(1.31)(1.38)
Return On Assets(1.11)(1.17)
Return On Equity 2.54  2.60 

Management Efficiency

Luminar Technologies has return on total asset (ROA) of (0.5901) % which means that it has lost $0.5901 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (24.2467) %, meaning that it created substantial loss on money invested by shareholders. Luminar Technologies' management efficiency ratios could be used to measure how well Luminar Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of 07/18/2024, Return On Equity is likely to grow to 2.60, while Return On Tangible Assets are likely to drop (1.24). At this time, Luminar Technologies' Other Assets are relatively stable compared to the past year. As of 07/18/2024, Total Current Assets is likely to grow to about 423.5 M, while Non Currrent Assets Other are likely to drop slightly above 3.3 M.
Last ReportedProjected for Next Year
Book Value Per Share(0.58)(0.55)
Tangible Book Value Per Share(0.66)(0.62)
Enterprise Value Over EBITDA(3.47)(3.64)
Price Book Value Ratio(5.41)(5.68)
Enterprise Value Multiple(3.47)(3.64)
Price Fair Value(5.41)(5.68)
Enterprise Value1.7 B1.6 B
The analysis of Luminar Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Luminar Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Luminar Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Operating Margin
(6.00)
Beta
1.628
Return On Assets
(0.59)
Return On Equity
(24.25)

Technical Drivers

As of the 18th of July 2024, Luminar Technologies secures the Risk Adjusted Performance of 0.0824, mean deviation of 4.39, and Downside Deviation of 5.56. 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. 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 1.83 per share. Please also check out Luminar Technologies total risk alpha, which is currently at (0.42) to check the company can sustain itself at a future point.

Luminar Technologies Price Movement Analysis

Execute Study
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Luminar Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Luminar Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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 Outstanding Bonds

Luminar Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Luminar Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Luminar bonds can be classified according to their maturity, which is the date when Luminar Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

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 are one of many Luminar Technologies' stock analysis techniques aimed at predicting 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 market movement and maximize returns from investment trading.

About Luminar Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Luminar Technologies prices is reacting to, or reflecting on a current 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 Next Year
Pretax Profit Margin(8.16)(8.57)
Operating Profit Margin(8.07)(8.48)
Net Loss(8.19)(8.60)
Gross Profit Margin(1.04)(1.09)

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
10.38Buy11Odds
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.
Begin Period Cash Flow71.1 M
Long Term Debt615.4 M
Common Stock Shares Outstanding389.4 M
Total Stockholder Equity-224.7 M
Tax Provision1.7 M
Property Plant And Equipment Net109 M
Cash And Short Term Investments289.8 M
Cash139.1 M
Accounts Payable21.1 M
Net Debt521.6 M
50 Day M A1.601
Total Current Liabilities83.9 M
Other Operating Expenses617.6 M
Non Current Assets Total161.7 M
Non Currrent Assets Other3.5 M
Stock Based Compensation207.1 M

Additional Tools for Luminar Stock Analysis

When running Luminar Technologies' price 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' value 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 the 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.