Luminar Technologies Stock Today

LAZR Stock  USD 0.76  0.04  5.00%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 85

 
High
 
Low
Very High
Luminar Technologies is selling at 0.76 as of the 21st of November 2024; that is 5 percent down since the beginning of the trading day. The stock's lowest day price was 0.75. Luminar Technologies has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Luminar Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
25th of March 2019
Category
Consumer Cyclical
Classification
Consumer Discretionary
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. The company has 26.82 M outstanding shares of which 113.67 M shares are now shorted by private and institutional investors with about 3.01 trading days to cover. More on Luminar Technologies

Luminar Stock Highlights

Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, Nasdaq CTA Artificial, NASDAQ Composite, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.130.1362
Sufficiently Down
Slightly volatile
Total Current Liabilities42.6 M83.9 M
Way Down
Slightly volatile
Non Current Liabilities Total488.4 M653.2 M
Way Down
Slightly volatile
Total Assets485.1 M512.4 M
Notably Down
Slightly volatile
Total Current Assets420.4 M350.6 M
Fairly Up
Slightly volatile
Debt Levels
Luminar Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Luminar Technologies' financial leverage. It provides some insight into what part of Luminar Technologies' total assets is financed by creditors.
Liquidity
Luminar Technologies currently holds 660.66 M in liabilities. Luminar Technologies has a current ratio of 9.66, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Luminar Technologies' use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(12.17 Million)
Luminar Technologies (LAZR) is traded on NASDAQ Exchange in USA. It is located in 2603 Discovery Drive, Orlando, FL, United States, 32826 and employs 800 people. Luminar Technologies is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 25.29 M. Luminar Technologies conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 26.82 M outstanding shares of which 113.67 M shares are now shorted by private and institutional investors with about 3.01 trading days to cover. 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, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Luminar Technologies Probability Of Bankruptcy
Ownership Allocation
Luminar Technologies maintains a total of 26.82 Million outstanding shares. 30% of Luminar Technologies outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Luminar Ownership Details

Luminar Stock Institutional Holders

InstituionRecorded OnShares
Mitsubishi Ufj Asset Management Co.,ltd2024-09-30
1.4 M
Lido Advisors, Llc2024-06-30
1.3 M
Goldman Sachs Group Inc2024-06-30
1.3 M
Nuveen Asset Management, Llc2024-06-30
1.2 M
Jane Street Group Llc2024-06-30
1.2 M
Bank Of New York Mellon Corp2024-06-30
1.1 M
Wells Fargo & Co2024-06-30
858.7 K
Susquehanna International Group, Llp2024-06-30
820.8 K
D. E. Shaw & Co Lp2024-06-30
762.5 K
Vanguard Group Inc2024-09-30
29.1 M
Blackrock Inc2024-06-30
25.2 M
View Luminar Technologies Diagnostics

Luminar Technologies Historical Income Statement

At this time, Luminar Technologies' Total Operating Expenses is relatively stable compared to the past year. As of 11/21/2024, Tax Provision is likely to grow to about 1.8 M, though Gross Profit is likely to grow to (69.1 M). View More Fundamentals

Luminar Stock Against Markets

Luminar Technologies Corporate Management

Austin RussellChairperson, FounderProfile
John PinetteSenior CommunicationsProfile
Alex VitaleHead StrategyProfile
Sameer LadiwalaChief OfficerProfile
Taner OzcelikExecutive ManagerProfile
Emily ShanklinSenior MarketingProfile
Aileen SmithHead RelationsProfile

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.