Luminar Technologies

Company Profile

Luminar Technologies had its IPO on 2019-03-25 under the ticker symbol LAZR.

The company operates in the Consumer Cyclical sector and Auto Parts industry. Luminar Technologies has a staff strength of 600 employees.

Stock update

Shares of Luminar Technologies opened at $5.25 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $5.19 - $5.47, and closed at $5.32.

This is a +0.57% increase from the previous day's closing price.

A total volume of 4,060,593 shares were traded at the close of the day’s session.

In the last one week, shares of Luminar Technologies have slipped by -9.37%.

Luminar Technologies's Key Ratios

Luminar Technologies has a market cap of $2.29 billion, indicating a price to book ratio of 60.0374 and a price to sales ratio of 62.3983.

In the last 12-months Luminar Technologies’s revenue was $54.62 million with a gross profit of $-60285000 and an EBITDA of $-528460000. The EBITDA ratio measures Luminar Technologies's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Luminar Technologies’s operating margin was -988.74% while its return on assets stood at -49.08% with a return of equity of -2424.67%.

In Q2, Luminar Technologies’s quarterly earnings growth was a positive 0% while revenue growth was a positive 63.1%.

Luminar Technologies’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.47 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Luminar Technologies’s profitability.

Luminar Technologies stock is trading at a EV to sales ratio of 63.5017 and a EV to EBITDA ratio of -7.4548. Its price to sales ratio in the trailing 12-months stood at 62.3983.

Luminar Technologies stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$599.77 million

Total Liabilities

$94.02 million

Operating Cash Flow

$53.77 million

Capital Expenditure

$5.15 million

Dividend Payout Ratio

0%

Luminar Technologies ended 2024 with $599.77 million in total assets and $0 in total liabilities. Its intangible assets were valued at $599.77 million while shareholder equity stood at $-129147000.00.

Luminar Technologies ended 2024 with $0 in deferred long-term liabilities, $94.02 million in other current liabilities, 41000.00 in common stock, $-1556956000.00 in retained earnings and $19.88 million in goodwill. Its cash balance stood at $89.12 million and cash and short-term investments were $365.79 million. The company’s total short-term debt was $6,071,000 while long-term debt stood at $613.81 million.

Luminar Technologies’s total current assets stands at $435.25 million while long-term investments were $4.00 million and short-term investments were $276.68 million. Its net receivables were $16.81 million compared to accounts payable of $21.91 million and inventory worth $20.32 million.

In 2024, Luminar Technologies's operating cash flow was $53.77 million while its capital expenditure stood at $5.15 million.

Comparatively, Luminar Technologies paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$5.32

52-Week High

$10.55

52-Week Low

$3.91

Analyst Target Price

$11.59

Luminar Technologies stock is currently trading at $5.32 per share. It touched a 52-week high of $10.55 and a 52-week low of $10.55. Analysts tracking the stock have a 12-month average target price of $11.59.

Its 50-day moving average was $6.5 and 200-day moving average was $6.62 The short ratio stood at 9.99 indicating a short percent outstanding of 0%.

Around 1077.5% of the company’s stock are held by insiders while 5996.8% are held by institutions.