Luminar Technologies (NASDAQ:LAZR – Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $17.50 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Luminar Technologies Trading Down 12.1 %
NASDAQ:LAZR opened at $6.16 on Monday. The company has a market capitalization of $205.19 million, a P/E ratio of -0.46 and a beta of 1.62. Luminar Technologies has a 12 month low of $4.93 and a 12 month high of $38.25. The business’s 50-day moving average is $6.18 and its 200 day moving average is $10.24.
Wall Street Analysts Forecast Growth
LAZR has been the topic of a number of research analyst reports. Craig Hallum decreased their target price on Luminar Technologies from $22.50 to $15.00 and set a “hold” rating on the stock in a research report on Tuesday, November 12th. The Goldman Sachs Group cut their price target on shares of Luminar Technologies from $11.25 to $7.50 and set a “sell” rating on the stock in a report on Thursday, November 14th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $50.06.
Luminar Technologies Company Profile
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. It operates in two segments, Autonomy Solutions and Advanced Technologies and Services. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors or lidars, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries.
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