In recent trading session, Luminar Technologies Inc (NASDAQ:LAZR) saw 0.55 million shares changing hands at last check today with its beta currently measuring 2.03. Company’s recent per share price level of $4.84 trading at -$0.26 or -5.10% at last check today assigns it a market valuation of $205.16M. That most recent trading price of LAZR’s stock is at a discount of -619.01% from its 52-week high price of $34.80 and is indicating a premium of 7.64% from its 52-week low price of $4.47. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.33 million shares which gives us an average trading volume of 2.78 million if we extend that period to 3-months.
For Luminar Technologies Inc (LAZR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.20. Splitting up the data highlights that, out of 6 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -1.67 in the current quarter.
Luminar Technologies Inc (NASDAQ:LAZR) trade information
Upright in the red during last session for losing -5.10%, in the last five days LAZR remained trading in the red while hitting it’s week-highest on Friday, 03/28/25 when the stock touched $4.84 price level, adding 20.39% to its value on the day. Luminar Technologies Inc’s shares saw a change of -10.04% in year-to-date performance and have moved -21.30% in past 5-day. Luminar Technologies Inc (NASDAQ:LAZR) showed a performance of -8.16% in past 30-days. Number of shares sold short was 7.08 million shares which calculate 5.2 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 9 to the stock, which implies a rise of 46.22% to its recent value today. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 15. It follows that stock’s current price would jump 38.02% in reaching the projected high whereas dropping to the targeted low would mean a gain of 38.02% for stock’s current value.
Luminar Technologies Inc (LAZR) estimates and forecasts
This year revenue growth is estimated to rise 15.97% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 16.27M for the same. And 4 analysts are in estimates of company making revenue of 18.85M in the next quarter. Company posted 20.97M and 16.45M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.83% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 39.76% while estimates for its earnings growth in next 5 years are of 45.67%.
Luminar Technologies Inc (NASDAQ:LAZR)’s Major holders
Insiders are in possession of 1.69% of company’s total shares while institution are holding 30.84 percent of that, with stock having share float percentage of 31.37%. Investors also watch the number of corporate investors in a company very closely, which is 30.84% institutions for Luminar Technologies Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at LAZR for having 32.67 million shares of worth $48.67 million. And as of 2024-06-30, it was holding 7.6874 of the company’s outstanding shares.
The second largest institutional holder is FIRST TRUST ADVISORS LP, which was holding about 5.72 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.3451 of outstanding shares, having a total worth of $8.52 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 749.09 shares of worth $3.6 million or 2.00% of the total outstanding shares. The later fund manager was in possession of 564.51 shares on Feb 28, 2025, making its stake of worth around $2.71 million in the company or a holder of 1.50% of company’s stock.
