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Luminar Technologies Inc. (LAZR) vs. Its Peers: A Comparison

Additionally, the 36-month beta value for LAZR is 1.58. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”

The average price predicted by analysts for LAZR is $11.88, which is $6.18 above the current price. The public float for LAZR is 261.02M and currently, short sellers hold a 24.08% ratio of that float. The average trading volume of LAZR on September 19, 2023 was 6.14M shares.

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LAZR) stock’s latest price update

Luminar Technologies Inc. (NASDAQ: LAZR)’s stock price has gone decline by -2.94 in comparison to its previous close of 5.11, however, the company has experienced a -6.24% decrease in its stock price over the last five trading days. InvestorPlace reported 2023-09-18 that As we stand at the cusp of vehicular evolution, autonomous driving stocks are turning heads for good reason. Forecasts are optimistic, predicting robust annual sales growth at an incredible 23% from now through 2028.

LAZR’s Market Performance

Luminar Technologies Inc. (LAZR) has seen a -6.24% fall in stock performance for the week, with a -10.95% decline in the past month and a -27.80% plunge in the past quarter. The volatility ratio for the week is 4.50%, and the volatility levels for the past 30 days are at 4.85% for LAZR. The simple moving average for the last 20 days is -11.37% for LAZR’s stock, with a simple moving average of -24.70% for the last 200 days.

Analysts’ Opinion of LAZR

Many brokerage firms have already submitted their reports for LAZR stocks, with TD Cowen repeating the rating for LAZR by listing it as a “Outperform.” The predicted price for LAZR in the upcoming period, according to TD Cowen is $10 based on the research report published on May 10, 2023 of the current year 2023.

LAZR Trading at -22.49% from the 50-Day Moving Average

After a stumble in the market that brought LAZR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.99% of loss for the given period.

Volatility was left at 4.85%, however, over the last 30 days, the volatility rate increased by 4.50%, as shares sank -14.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.38% lower at present.

During the last 5 trading sessions, LAZR fell by -6.24%, which changed the moving average for the period of 200-days by -32.43% in comparison to the 20-day moving average, which settled at $5.55. In addition, Luminar Technologies Inc. saw 0.20% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LAZR starting from Prescott Alan, who sale 42,171 shares at the price of $5.57 back on Sep 06. After this action, Prescott Alan now owns 1,467,282 shares of Luminar Technologies Inc., valued at $234,682 using the latest closing price.

Fennimore Thomas, the Chief Financial Officer of Luminar Technologies Inc., sale 18,305 shares at $5.57 during a trade that took place back on Sep 06, which means that Fennimore Thomas is holding 692,699 shares at $101,867 based on the most recent closing price.

Stock Fundamentals for LAZR

Current profitability levels for the company are sitting at:

  • -1135.44 for the present operating margin
  • -148.13 for the gross margin

The net margin for Luminar Technologies Inc. stands at -1095.73. The total capital return value is set at -64.80, while invested capital returns managed to touch -63.01.

When we switch over and look at the enterprise to sales, we see a ratio of 39.17, with the company’s debt to enterprise value settled at 0.33. The receivables turnover for the company is 1.41 and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.15.


In conclusion, Luminar Technologies Inc. (LAZR) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.