Luminar Technologies vs Tesla Which Outperforms?
Luminar Technologies and Tesla are two prominent names in the rapidly growing autonomous vehicle industry. Luminar Technologies is a leading provider of LiDAR technology, which is crucial for enabling self-driving vehicles to navigate and sense their surroundings. Tesla, on the other hand, is a well-known electric vehicle manufacturer that has been making strides in developing its own autonomous driving technology. Both companies have experienced significant growth in their stock prices, driven by the increasing demand for autonomous vehicles and clean energy solutions. Let's delve deeper into the performance and prospects of Luminar Technologies vs Tesla stocks.
Luminar Technologies or Tesla?
When comparing Luminar Technologies and Tesla, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Luminar Technologies and Tesla.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Luminar Technologies has a dividend yield of -%, while Tesla has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Luminar Technologies reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Tesla reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Luminar Technologies P/E ratio at -0.86 and Tesla's P/E ratio at 88.11. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Luminar Technologies P/B ratio is -1.35 while Tesla's P/B ratio is 16.01.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Luminar Technologies has seen a 5-year revenue growth of -0.23%, while Tesla's is 2.63%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Luminar Technologies's ROE at 212.98% and Tesla's ROE at 19.29%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $0.92 for Luminar Technologies and $336.00 for Tesla. Over the past year, Luminar Technologies's prices ranged from $0.72 to $3.69, with a yearly change of 408.97%. Tesla's prices fluctuated between $138.80 and $358.64, with a yearly change of 158.39%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.