Luminar Technologies EBITDA vs. Shares Owned By Institutions

LAZR Stock  USD 7.84  0.03  0.38%   
Based on Luminar Technologies' profitability indicators, Luminar Technologies may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Luminar Technologies' ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
-530.4 M
Current Value
-503.9 M
Quarterly Volatility
208.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of 12/10/2024, Price To Sales Ratio is likely to drop to 248.09. In addition to that, Days Sales Outstanding is likely to drop to 134.25. At this time, Luminar Technologies' Accumulated Other Comprehensive Income is relatively stable compared to the past year. As of 12/10/2024, Net Interest Income is likely to grow to about 2.2 M, though Income Before Tax is likely to grow to (541.1 M).
For Luminar Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Luminar Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Luminar Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Luminar Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Luminar Technologies over time as well as its relative position and ranking within its peers.
  

Luminar Technologies' Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Luminar Technologies. If investors know Luminar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Luminar Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(17.40)
Revenue Per Share
0.17
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.64)
Return On Equity
(24.25)
The market value of Luminar Technologies is measured differently than its book value, which is the value of Luminar that is recorded on the company's balance sheet. Investors also form their own opinion of Luminar Technologies' value that differs from its market value or its book value, called intrinsic value, which is Luminar Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Luminar Technologies' market value can be influenced by many factors that don't directly affect Luminar Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Luminar Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Luminar Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luminar Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Luminar Technologies Shares Owned By Institutions vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Luminar Technologies's current stock value. Our valuation model uses many indicators to compare Luminar Technologies value to that of its competitors to determine the firm's financial worth.
Luminar Technologies is rated below average in ebitda category among its peers. It is rated third overall in shares owned by institutions category among its peers . Luminar Technologies reported last year EBITDA of (530.39 Million). Comparative valuation analysis is a catch-all technique that is used if you cannot value Luminar Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Luminar Shares Owned By Institutions vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Luminar Technologies

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(530.39 M)
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Luminar Technologies

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
35.56 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

Luminar Shares Owned By Institutions Comparison

Luminar Technologies is currently under evaluation in shares owned by institutions category among its peers.

Luminar Technologies Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Luminar Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Luminar Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Luminar Technologies' change in net profit over the period of time. It can combine multiple indicators of Luminar Technologies, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive IncomeK2.1 K
Operating Income-563.3 M-535.1 M
Income Before Tax-569.6 M-541.1 M
Total Other Income Expense Net-6.3 M-6.6 M
Net Loss-401.3 M-381.3 M
Net Loss-571.3 M-542.7 M
Income Tax Expense1.7 M868.3 K
Net Interest Income2.1 M2.2 M
Interest Income13.1 M13.8 M
Net Loss-571.3 M-542.7 M
Non Operating Income Net Other-26.1 M-27.4 M
Change To Netincome249.3 M149.9 M
Net Loss(1.47)(1.54)
Income Quality 0.43  0.41 
Net Income Per E B T 1.00  1.11 

Luminar Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Luminar Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Luminar Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Luminar Technologies' important profitability drivers and their relationship over time.

Use Luminar Technologies in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Luminar Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Luminar Technologies will appreciate offsetting losses from the drop in the long position's value.

Luminar Technologies Pair Trading

Luminar Technologies Pair Trading Analysis

The ability to find closely correlated positions to Luminar Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luminar Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Luminar Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Luminar Technologies to buy it.
The correlation of Luminar Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Luminar Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luminar Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Luminar Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Luminar Technologies position

In addition to having Luminar Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Services Thematic Idea Now

Services
Services Theme
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Services Theme or any other thematic opportunities.
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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.