Luminar Technologies (LAZR)
(Delayed Data from NSDQ)
$0.89 USD
+0.11 (14.06%)
Updated Sep 24, 2024 03:59 PM ET
After-Market: $0.89 0.00 (0.03%) 7:58 PM ET
3-Hold of 5 3
F Value C Growth A Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
LAZR 0.89 +0.11(14.06%)
Will LAZR be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for LAZR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for LAZR
Luminar Technologies, Inc. (LAZR) Stock Slides as Market Rises: Facts to Know Before You Trade
Wall Street Analysts See Luminar Technologies (LAZR) as a Buy: Should You Invest?
LAZR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Luminar Technologies (LAZR) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
Luminar Technologies (LAZR) Moves to Buy: Rationale Behind the Upgrade
Luminar Technologies, Inc. (LAZR) Reports Q2 Loss, Lags Revenue Estimates
Other News for LAZR
Luminar Technologies announces workforce reduction
Largest borrow rate increases among liquid names
Largest borrow rate increases among liquid names
Unusually active option classes on open September 16th
Largest borrow rate increases among liquid names