On Friday, Luminar Technologies Inc (NASDAQ: LAZR) was -45.02% drop from the session before settling in for the closing price of $2.11. A 52-week range for LAZR has been $1.58 – $18.60.
Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 4.83%. When this article was written, the company’s average yearly earnings per share was at 48.54%. With a float of $57.26 million, this company’s outstanding shares have now reached $68.76 million.
Considering the fact that the conglomerate employs 580 people, you should pay attention to its efficiency factor.
Luminar Technologies Inc (LAZR) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Luminar Technologies Inc stocks. The insider ownership of Luminar Technologies Inc is 16.73%, while institutional ownership is 22.79%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -2.4 earnings per share (EPS) during the time that was less than consensus figure (set at -2.35) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 48.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.52% 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
You can see what Luminar Technologies Inc (LAZR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.97, a number that is poised to hit -1.08 in the next quarter and is forecasted to reach -3.01 in one year’s time.
Technical Analysis of Luminar Technologies Inc (LAZR)
Compared to the last year’s volume of 3.98 million, its volume of 17.92 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 43.02%.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 2.88%, which indicates a significant decrease from 6.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.2678 in the past 14 days, which was higher than the 0.2156 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9760, while its 200-day Moving Average is $3.6808. Nevertheless, the first resistance level for the watch stands at $1.5267 in the near term. At $1.8933, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.1167. If the price goes on to break the first support level at $0.9367, it is likely to go to the next support level at $0.7133. Should the price break the second support level, the third support level stands at $0.3467.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
There are 68,764K outstanding shares of the company, which has a market capitalization of 79.77 million. As of now, sales total 75,400 K while income totals -273,140 K. Its latest quarter income was 15,630 K while its last quarter net income were -22,900 K.
