The 36-month beta value for LAZR is also noteworthy at 1.57. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for LAZR is 26.03M, and at present, short sellers hold a 23.13% of that float. The average trading volume of LAZR on January 14, 2025 was 2.91M shares.
LAZR) stock’s latest price update
Luminar Technologies Inc (NASDAQ: LAZR) has experienced a decline in its stock price by -6.03 compared to its previous closing price of 6.80. However, the company has seen a fall of -24.65% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-08 that Luminar Technologies has strong growth potential with partnerships like Volvo and Nvidia, but faces financial challenges and high speculative valuation. Despite impressive revenue growth projections, Luminar is not profitable and has significant operating losses and negative gross margins. The company’s financial health is concerning, with high debt and the need for additional funding to achieve profitability.
LAZR’s Market Performance
Luminar Technologies Inc (LAZR) has seen a -24.65% fall in stock performance for the week, with a -14.69% decline in the past month and a -51.00% plunge in the past quarter. The volatility ratio for the week is 15.62%, and the volatility levels for the past 30 days are at 12.16% for LAZR. The simple moving average for the past 20 days is 1.37% for LAZR’s stock, with a -62.60% simple moving average for the past 200 days.
Analysts’ Opinion of LAZR
Many brokerage firms have already submitted their reports for LAZR stocks, with Deutsche Bank repeating the rating for LAZR by listing it as a “Hold.” The predicted price for LAZR in the upcoming period, according to Deutsche Bank is $1 based on the research report published on September 10, 2024 of the previous year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see LAZR reach a price target of $1.20, previously predicting the price at $3.50. The rating they have provided for LAZR stocks is “Underperform” according to the report published on April 10th, 2024.
Deutsche Bank gave a rating of “Hold” to LAZR, setting the target price at $4 in the report published on January 17th of the previous year.
LAZR Trading at -29.83% 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 -86.01% of loss for the given period.
Volatility was left at 12.16%, however, over the last 30 days, the volatility rate increased by 15.62%, as shares sank -5.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.54% lower at present.
During the last 5 trading sessions, LAZR fell by -23.17%, which changed the moving average for the period of 200-days by -75.60% in comparison to the 20-day moving average, which settled at $6.31. In addition, Luminar Technologies Inc saw 18.77% 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 Heng Jun Hong, who sale 72,842 shares at the price of $5.10 back on Dec 23 ’24. After this action, Heng Jun Hong now owns 0 shares of Luminar Technologies Inc, valued at $371,254 using the latest closing price.
Jun Hong Heng, the Director of Luminar Technologies Inc, proposed sale 72,842 shares at $5.29 during a trade that took place back on Dec 23 ’24, which means that Jun Hong Heng is holding shares at $385,334 based on the most recent closing price.
Stock Fundamentals for LAZR
Current profitability levels for the company are sitting at:
- -6.7 for the present operating margin
- -0.8 for the gross margin
The net margin for Luminar Technologies Inc stands at -5.03. The total capital return value is set at -1.59. Equity return is now at value 178.10, with -78.90 for asset returns.
Based on Luminar Technologies Inc (LAZR), the company’s capital structure generated 1.79 points at debt to capital in total, while cash flow to debt ratio is standing at -0.46. The debt to equity ratio resting at -2.26. The interest coverage ratio of the stock is -25.44.
Currently, EBITDA for the company is -530.39 million with net debt to EBITDA at -1.46. When we switch over and look at the enterprise to sales, we see a ratio of 9.02. The receivables turnover for the company is 2.31for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.00.
Conclusion
In summary, Luminar Technologies Inc (LAZR) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
