Luminar Technologies Inc (LAZR) kicked off at the price of $2.68: Venture capitalists have an exciting new opportunity

On Friday, Luminar Technologies Inc (NASDAQ: LAZR) opened higher 4.69% from the last session, before settling in for the closing price of $2.56. Price fluctuations for LAZR have ranged from $2.50 to $18.60 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales surged by 4.83% over the last five years. Company’s average yearly earnings per share was noted 52.25% at the time writing. With a float of $48.38 million, this company’s outstanding shares have now reached $58.25 million.

The firm has a total of 580 workers. Let’s measure their productivity. In terms of profitability, gross margin is -31.83%, operating margin of -520.42%, and the pretax margin is -312.77%.

Luminar Technologies Inc (LAZR) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Luminar Technologies Inc is 16.95%, while institutional ownership is 18.01%. The most recent insider transaction that took place on Dec 23 ’24, was worth 371,254. In this transaction Director of this company sold 72,842 shares at a rate of $5.10, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Director proposed sale 72,842 for $5.29, making the entire transaction worth $385,334.

Luminar Technologies Inc (LAZR) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -2.7 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -2.6) by -0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 52.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.70% during the next five years compared to 4.83% growth over the previous five years of trading.

Luminar Technologies Inc (NASDAQ: LAZR) Trading Performance Indicators

Check out the current performance indicators for Luminar Technologies Inc (LAZR). In the past quarter, the stock posted a quick ratio of 2.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.66, a number that is poised to hit -1.18 in the next quarter and is forecasted to reach -2.52 in one year’s time.

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