Luminar Technologies Stock Buy Hold or Sell Recommendation
| LAZR Stock | USD 5.18 0.14 2.78% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Luminar Technologies is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell Luminar Technologies within the specified time frame.
Check out Luminar Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide. Note, we conduct extensive research on individual companies such as Luminar and provide practical buy, sell, or hold advice based on investors' constraints. Luminar Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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Execute Luminar Technologies Buy or Sell Advice
The Luminar recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Luminar Technologies. Macroaxis does not own or have any residual interests in Luminar Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Luminar Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Luminar Technologies Trading Alerts and Improvement Suggestions
| Luminar Technologies generated a negative expected return over the last 90 days | |
| Luminar Technologies has high historical volatility and very poor performance | |
| Luminar Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 69.78 M. Net Loss for the year was (571.27 M) with loss before overhead, payroll, taxes, and interest of (60.28 M). | |
| Luminar Technologies currently holds about 553.05 M in cash with (247.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.52. | |
| Luminar Technologies has a frail financial position based on the latest SEC disclosures | |
| Latest headline from thelincolnianonline.com: Luminar Technologies, Inc. Shares Bought by LRI Investments LLC |
Luminar Technologies Returns Distribution Density
The distribution of Luminar Technologies' historical returns is an attempt to chart the uncertainty of Luminar Technologies' future price movements. The chart of the probability distribution of Luminar Technologies daily returns describes the distribution of returns around its average expected value. We use Luminar Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Luminar Technologies returns is essential to provide solid investment advice for Luminar Technologies.
| Mean Return | -1.02 | Value At Risk | -9.48 | Potential Upside | 12.23 | Standard Deviation | 6.56 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Luminar Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Luminar Stock Institutional Investors
The Luminar Technologies' institutional investors refer to entities that pool money to purchase Luminar Technologies' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Lido Advisors, Llc | 2024-09-30 | 1.9 M | D. E. Shaw & Co Lp | 2024-09-30 | 1.8 M | Mitsubishi Ufj Asset Management Co.,ltd | 2024-09-30 | 1.4 M | Hrt Financial Llc | 2024-09-30 | 1.2 M | Nuveen Asset Management, Llc | 2024-09-30 | 1.2 M | Jane Street Group Llc | 2024-06-30 | 1.2 M | Barclays Plc | 2024-09-30 | 842.3 K | Bank Of New York Mellon Corp | 2024-09-30 | 821.3 K | North Star Investment Management Corp | 2024-09-30 | 758 K | Vanguard Group Inc | 2024-09-30 | 29.1 M | Blackrock Inc | 2024-06-30 | 25.2 M |
Luminar Technologies Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (2.5M) | (4.0M) | (10.8M) | (10.5M) | (23.0M) | (21.8M) | |
| Change In Cash | 17.5M | 182.4M | 121.0M | (259.6M) | 69.5M | 73.0M | |
| Free Cash Flow | (61.7M) | (77.8M) | (154.9M) | (226.3M) | (269.2M) | (255.8M) | |
| Depreciation | 2.3M | 2.5M | 4.2M | 11.8M | 33.6M | 35.3M | |
| Other Non Cash Items | 32.0M | 277.4M | 48.9M | 57.4M | 94.9M | 96.7M | |
| Capital Expenditures | 1.5M | 2.2M | 6.4M | 18.1M | 21.9M | 23.0M | |
| Net Income | (94.7M) | (362.3M) | (238.0M) | (445.9M) | (571.3M) | (542.7M) | |
| End Period Cash Flow | 27.3M | 209.7M | 330.7M | 71.1M | 140.6M | 142.9M | |
| Change To Netincome | 34.7M | 286.1M | 125.3M | 216.8M | 249.3M | 149.9M |
Luminar Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Luminar Technologies or Automobile Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Luminar Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Luminar stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.13 | |
β | Beta against Dow Jones | 2.98 | |
σ | Overall volatility | 6.28 | |
Ir | Information ratio | -0.16 |
Luminar Technologies Volatility Alert
Luminar Technologies is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Luminar Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Luminar Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Luminar Technologies Fundamentals Vs Peers
Comparing Luminar Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Luminar Technologies' direct or indirect competition across all of the common fundamentals between Luminar Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Luminar Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Luminar Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Luminar Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Luminar Technologies to competition |
| Fundamentals | Luminar Technologies | Peer Average |
| Return On Equity | -24.25 | -0.31 |
| Return On Asset | -0.64 | -0.14 |
| Operating Margin | (6.78) % | (5.51) % |
| Current Valuation | 557.25 M | 16.62 B |
| Shares Outstanding | 26.82 M | 571.82 M |
| Shares Owned By Insiders | 3.63 % | 10.09 % |
| Shares Owned By Institutions | 35.37 % | 39.21 % |
| Number Of Shares Shorted | 7.4 M | 4.71 M |
| Price To Book | 60.04 X | 9.51 X |
| Price To Sales | 2.30 X | 11.42 X |
| Revenue | 69.78 M | 9.43 B |
| Gross Profit | (60.28 M) | 27.38 B |
| EBITDA | (530.39 M) | 3.9 B |
| Net Income | (571.27 M) | 570.98 M |
| Cash And Equivalents | 553.05 M | 2.7 B |
| Cash Per Share | 1.52 X | 5.01 X |
| Total Debt | 660.66 M | 5.32 B |
| Current Ratio | 9.86 X | 2.16 X |
| Book Value Per Share | (0.54) X | 1.93 K |
| Cash Flow From Operations | (247.3 M) | 971.22 M |
| Short Ratio | 2.62 X | 4.00 X |
| Earnings Per Share | (17.40) X | 3.12 X |
| Price To Earnings To Growth | 0.11 X | 4.89 X |
| Target Price | 30.0 | |
| Number Of Employees | 800 | 18.84 K |
| Beta | 1.62 | -0.15 |
| Market Capitalization | 172.47 M | 19.03 B |
| Total Asset | 512.37 M | 29.47 B |
| Retained Earnings | (1.84 B) | 9.33 B |
| Working Capital | 266.75 M | 1.48 B |
| Net Asset | 512.37 M |
Note: Acquisition by Heng Jun Hong of 31855 shares of Luminar Technologies subject to Rule 16b-3 [view details]
Luminar Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Luminar . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Luminar Technologies Buy or Sell Advice
When is the right time to buy or sell Luminar Technologies? Buying financial instruments such as Luminar Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Luminar Stock Analysis
When running Luminar Technologies' price analysis, check to measure Luminar Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Luminar Technologies is operating at the current time. Most of Luminar Technologies' value examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.