Mid-cap Consumer Cyclical company Luminar Technologies moved -1.0% Friday on a volume of 5,688,531, compared to its average of 5,937,582. In contrast, the S&P 500 index moved -0.3%.
Luminar Technologies trades -62.16% away from its average analyst target price of $13.08 per share. The 12 analysts following the stock have set target prices ranging from $7 to $24, and on average have given Luminar Technologies a rating of buy.
If you are considering an investment in LAZR, you'll want to know the following:
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Luminar Technologies has moved -72.5% over the last year, and the S&P 500 logged a change of -20.0%
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Based on its trailing earning per share of -0.71, Luminar Technologies has a trailing 12 month Price to Earnings (P/E) ratio of -6.9 while the S&P 500 average is 15.97
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LAZR has a forward P/E ratio of -7.7 based on its forward 12 month price to earnings (Eps) of $-0.64 per share
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The company has a price to earnings growth (PEG) ratio of 0.07 — a number near or below 1 signifying that Luminar Technologies is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 41.6 compared to its sector average of 3.11
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Luminar Technologies, Inc., an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East.
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Based in Orlando, the company has 500 full time employees and a market cap of $1,795,652,096.