Is Luminar Technologies Stock a Good Investment?
Luminar Technologies Investment Advice | LAZR |
- Examine Luminar Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Luminar Technologies' leadership team and their track record. Good management can help Luminar Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Automotive Parts & Equipment space and any emerging trends that could impact Luminar Technologies' business and its evolving consumer preferences.
- Compare Luminar Technologies' performance and market position to its competitors. Analyze how Luminar Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Luminar Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Luminar Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Luminar Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Luminar Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Luminar Technologies Stock
Researching Luminar Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 42.0% 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 17.4. The entity had not issued any dividends in recent years. The firm had 1:15 split on the 21st of November 2024.
To determine if Luminar Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Luminar Technologies' research are outlined below:
| Luminar Technologies generated a negative expected return over the last 90 days | |
| Luminar Technologies has high historical volatility and very poor performance | |
| Luminar Technologies has a very high chance of going through financial distress in the upcoming years | |
| Luminar Technologieshas 113,672,570 shares shorted by Luminar Technologies investors is about 400% of outstending shares | |
| 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 investing.com: Luminar Technologies adds new director, approves reverse stock split |
Luminar Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Luminar Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Luminar Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 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 |
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. Below are the table of largest EPS Surprises Luminar Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-11-02 | 2022-09-30 | -0.2 | -0.18 | 0.02 | 10 | ||
2022-08-08 | 2022-06-30 | -0.16 | -0.18 | -0.02 | 12 | ||
2023-05-09 | 2023-03-31 | -0.21 | -0.24 | -0.03 | 14 | ||
2022-05-05 | 2022-03-31 | -0.13 | -0.16 | -0.03 | 23 | ||
2021-08-12 | 2021-06-30 | -0.07 | -0.11 | -0.04 | 57 | ||
2020-12-08 | 2020-09-30 | -0.05 | -0.0923 | -0.0423 | 84 | ||
2023-02-28 | 2022-12-31 | -0.21 | -0.26 | -0.05 | 23 | ||
2021-05-13 | 2021-03-31 | -0.06 | -0.23 | -0.17 | 283 |
Know Luminar Technologies' Top 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.
| Shares | Mitsubishi Ufj Asset Management Co.,ltd | 2024-09-30 | 1.4 M | Lido Advisors, Llc | 2024-06-30 | 1.3 M | Goldman Sachs Group Inc | 2024-06-30 | 1.3 M | Nuveen Asset Management, Llc | 2024-06-30 | 1.2 M | Jane Street Group Llc | 2024-06-30 | 1.2 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.1 M | Wells Fargo & Co | 2024-06-30 | 858.7 K | Susquehanna International Group, Llp | 2024-06-30 | 820.8 K | D. E. Shaw & Co Lp | 2024-06-30 | 762.5 K | Vanguard Group Inc | 2024-09-30 | 29.1 M | Blackrock Inc | 2024-06-30 | 25.2 M |
Luminar Technologies' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 25.29 M.Market Cap |
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Luminar Technologies' profitablity analysis
| Last Reported | Projected 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 | 2.67 |
Determining Luminar Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Luminar Technologies is a good buy. For example, gross profit margin measures Luminar Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Luminar Technologies' profitability and make more informed investment decisions.
Evaluate Luminar Technologies' management efficiency
Luminar Technologies has return on total asset (ROA) of (0.6386) % which means that it has lost $0.6386 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 11/21/2024, Return On Equity is likely to grow to 2.67, while Return On Tangible Assets are likely to drop (1.24). At this time, Luminar Technologies' Non Current Assets Total are relatively stable compared to the past year. As of 11/21/2024, Other Assets is likely to grow to about 43.9 M, though Net Tangible Assets are likely to grow to (73.5 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (0.58) | (0.55) | |
| Tangible Book Value Per Share | (0.66) | (0.62) | |
| Enterprise Value Over EBITDA | (3.27) | (3.44) | |
| Price Book Value Ratio | (5.41) | (5.14) | |
| Enterprise Value Multiple | (3.27) | (3.44) | |
| Price Fair Value | (5.41) | (5.14) | |
| Enterprise Value | 1.7 B | 2.9 B |
Evaluating the management effectiveness of Luminar Technologies allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Luminar Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 1.617 |
Basic technical analysis of Luminar Stock
As of the 21st of November, Luminar Technologies secures the Risk Adjusted Performance of (0.01), standard deviation of 6.48, and Mean Deviation of 4.91. 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 variance and skewness to decide if Luminar Technologies is priced some-what accurately, providing market reflects its recent price of 10.86 per share. Given that Luminar Technologies has information ratio of (0.05), 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' 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 Corporate 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Luminar Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Luminar Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 4.91 | |||
| Coefficient Of Variation | (3,298) | |||
| Standard Deviation | 6.48 | |||
| Variance | 41.99 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 28.29 | |||
| Value At Risk | (9.30) | |||
| Potential Upside | 12.05 | |||
| Skewness | 0.5673 | |||
| Kurtosis | 0.2457 |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 4.91 | |||
| Coefficient Of Variation | (3,298) | |||
| Standard Deviation | 6.48 | |||
| Variance | 41.99 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 28.29 | |||
| Value At Risk | (9.30) | |||
| Potential Upside | 12.05 | |||
| Skewness | 0.5673 | |||
| Kurtosis | 0.2457 |
Consider Luminar Technologies' intraday 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 time-series forecasting models is one of many Luminar Technologies' stock analysis techniques 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 market movement and maximize returns from investment trading.
Luminar Stock media impact
Far too much social signal, news, headlines, and media speculation about Luminar Technologies that are available to investors today. That information is available publicly through Luminar media outlets and privately through word of mouth or via Luminar internal channels. However, regardless of the origin, that massive amount of Luminar data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Luminar Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Luminar Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Luminar Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Luminar Technologies alpha.
Luminar Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Luminar Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Luminar Technologies Corporate Management
| Austin Russell | Chairperson, Founder | Profile | |
| John Pinette | Senior Communications | Profile | |
| Alex Vitale | Head Strategy | Profile | |
| Sameer Ladiwala | Chief Officer | Profile | |
| Taner Ozcelik | Executive Manager | Profile | |
| Emily Shanklin | Senior Marketing | Profile | |
| Aileen Smith | Head Relations | Profile |
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.