NASDAQ:LUNA Luna Innovations (LUNA) Stock Forecast, Price & News $5.92 +0.04 (+0.68%) (As of 10:38 AM ET) Add Compare Share Share Today's Range$5.75▼$5.9250-Day Range$5.64▼$9.1452-Week Range$4.06▼$10.97Volume46,056 shsAverage Volume229,100 shsMarket Capitalization$200.84 millionP/E RatioN/ADividend YieldN/APrice Target$10.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Luna Innovations MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside79.5% Upside$10.50 Price TargetShort InterestHealthy2.14% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth55.56%From $0.18 to $0.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.41 out of 5 starsBusiness Services Sector94th out of 319 stocksCommercial Physical Research Industry6th out of 14 stocks 3.4 Analyst's Opinion Consensus RatingLuna Innovations has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.50, Luna Innovations has a forecasted upside of 79.5% from its current price of $5.85.Amount of Analyst CoverageLuna Innovations has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.14% of the outstanding shares of Luna Innovations have been sold short.Short Interest Ratio / Days to CoverLuna Innovations has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Luna Innovations has recently decreased by 7.99%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldLuna Innovations does not currently pay a dividend.Dividend GrowthLuna Innovations does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LUNA. Previous Next 2.0 News and Social Media Coverage News SentimentLuna Innovations has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Luna Innovations this week, compared to 9 articles on an average week.Search InterestOnly 6 people have searched for LUNA on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Luna Innovations to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Luna Innovations insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.60% of the stock of Luna Innovations is held by insiders.Percentage Held by Institutions53.75% of the stock of Luna Innovations is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Luna Innovations are expected to grow by 55.56% in the coming year, from $0.18 to $0.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Luna Innovations is -116.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Luna Innovations is -116.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioLuna Innovations has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Luna Innovations (NASDAQ:LUNA) StockLuna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide. The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency lasers. It also provides ODiSI sensing solution, which provides distributed strain and temperature measurements; distributed temperature sensing system; hyperion sensing products; Terahertz Sensing Systems that provide precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements; and distributed acoustic sensing products. The company primarily markets its fiber optic test, measurement, and control products to telecommunications companies, defense agencies, government system integrators, researchers, original equipment manufacturers, distributors, testing labs, and strategic partners directly, as well as through manufacturer representative organizations, partner and distribution channels, technical sales engineers, value added resellers, and independent sales representatives. Luna Innovations Incorporated was incorporated in 1990 and is headquartered in Roanoke, Virginia.Read More LUNA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LUNA Stock News HeadlinesOctober 3, 2023 | finance.yahoo.comLuna Provides Advanced Roadway Incident Detection for Major Department of TransportationOctober 1, 2023 | news.yahoo.comLA County Sheriff Luna talks zero-bail policy, retail thefts and moreOctober 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. October 1, 2023 | msn.comXi Jinping highlights importance of innovation on path to ‘Chinese-style modernisation’October 1, 2023 | msn.comEyewitness Newsmakers: LA County Sheriff Robert Luna talks zero-bail policy, retail thefts and moreSeptember 29, 2023 | msn.comHarry Potter: Does Neville Longbottom Marry Luna Lovegood?September 29, 2023 | msn.comGet the Luna Controller with Phone Clip Bundle for $59.98!September 29, 2023 | msn.comLuna Innovations Is Overpriced: Better To SellOctober 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 29, 2023 | finance.yahoo.comLuna Innovations Incorporated (LUNA) Continues to Deliver on its 20% Top-Line Growth TargetSeptember 28, 2023 | golfweek.usatoday.comLuna Sobron Galmes odds to win the 2023 Walmart NW Arkansas ChampionshipSeptember 27, 2023 | golfweek.usatoday.comWalmart NW Arkansas Championship TV coverage: How to stream or watch Luna Sobron Galmes | September 29-30September 27, 2023 | msn.comChrissy Teigen Gets Surprise Invite from 7-Year-Old Daughter Luna to Dance Show Featuring Baby EstiSeptember 26, 2023 | yahoo.comChrissy Teigen's Daughter Luna Was Born to Be a Star & New Photos With Baby Sister Esti Prove ItSeptember 26, 2023 | tmcnet.comAdverum Biotechnologies Announces Positive Aflibercept Protein Level Data from the LUNA Phase 2 TrialSeptember 26, 2023 | msn.comChrissy Teigen Shares Adorable Photos of Daughter Luna Hosting a 'Ribbon Dance Show' with Baby Sister EstiSeptember 22, 2023 | msn.comLuna County has a new public health officeSeptember 21, 2023 | finance.yahoo.comLuna Wins Contract for Mine Conveyor Belt Monitoring in South AfricaSeptember 20, 2023 | msn.com‘Donyale Luna: Supermodel’ shines a light on the first Black model to grace cover of VogueSeptember 18, 2023 | msn.comLA County Sheriff Luna: DA Gascon assures aggressive prosecution of suspect in deputy's ambush killingSeptember 18, 2023 | finance.yahoo.comBitcoin Bull Run Predicted Post-April 2024, Says Analyst PlanbSeptember 17, 2023 | cbsnews.comSheriff Luna identifies deputy fatally shot in Palmdale, provides further updates on investigationSeptember 15, 2023 | yahoo.comThe Complex Life of Donyale Luna, The First Black SupermodelSeptember 14, 2023 | yahoo.comThe Bold and the Beautiful spoilers: Is Luna a SPY?September 14, 2023 | msn.comLuna-25 failure won't be end of Russia's moon program, Putin saysSeptember 13, 2023 | time.comAnna Paulina LunaSeptember 12, 2023 | apnews.comCruz Roja y Media Luna Roja dicen que el número de desaparecidos tras inundaciones en Libia ha llegado a 10.000 personasSee More Headlines Receive LUNA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Luna Innovations and its competitors with MarketBeat's FREE daily newsletter. Email Address LUNA Company Calendar Last Earnings8/10/2023Today10/03/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Commercial physical research Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:LUNA CUSIPN/A CIK1239819 Webwww.lunainc.com Phone(540) 769-8400Fax540-769-8401Employees337Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.50 High Stock Price Forecast$12.50 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+78.6%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.05) Trailing P/E RatioN/A Forward P/E Ratio32.67 P/E GrowthN/ANet Income$9.28 million Net Margins-1.21% Pretax Margin-0.75% Return on Equity4.62% Return on Assets2.83% Debt Debt-to-Equity Ratio0.29 Current Ratio3.12 Quick Ratio1.73 Sales & Book Value Annual Sales$109.50 million Price / Sales1.82 Cash Flow$0.28 per share Price / Cash Flow21.27 Book Value$2.83 per share Price / Book2.08Miscellaneous Outstanding Shares33,920,000Free Float31,347,000Market Cap$199.45 million OptionableNot Optionable Beta1.28 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Scott A. Graeff (Age 56)Pres, CEO, Treasurer, Sec. & Director Comp: $867.66kMr. Eugene J. Nestro (Age 57)CFO, Principal Financial Officer, SVP of Fin. & Principal Accounting Officer Comp: $484.69kDr. Brian J. Soller Ph.D. (Age 50)Chief Technology Officer & Exec. VP of Corp. Devel. Comp: $415.75kMs. Allison L. WoodySr. Director of Admin.Ms. Eva HartmannSr. VP of HRMr. Salvan FarooquiGlobal Head of Strategic SalesMr. Jackie KlineSr. VP of OperationsMr. Thomas Oldemeyer (Age 58)Sr. VP & MD of EMEA Mr. Andy BrownVP & Corp. ControllerMore ExecutivesKey CompetitorsSomaLogicNASDAQ:SLGCBlade Air MobilityNASDAQ:BLDEClimb Global SolutionsNASDAQ:CLMBTiga AcquisitionNYSE:TINVEverspin TechnologiesNASDAQ:MRAMView All CompetitorsInstitutional OwnershipBarclays PLCSold 14,239 shares on 9/21/2023Ownership: 0.019%Osaic Holdings Inc.Bought 36,956 shares on 8/21/2023Ownership: 0.120%California State Teachers Retirement SystemBought 10,687 shares on 8/21/2023Ownership: 0.032%Legato Capital Management LLCBought 39,519 shares on 8/18/2023Ownership: 0.438%Nuveen Asset Management LLCBought 118,157 shares on 8/16/2023Ownership: 0.348%View All Institutional Transactions LUNA Stock - Frequently Asked Questions Should I buy or sell Luna Innovations stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Luna Innovations in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LUNA shares. View LUNA analyst ratings or view top-rated stocks. What is Luna Innovations' stock price forecast for 2023? 4 Wall Street research analysts have issued twelve-month price objectives for Luna Innovations' shares. Their LUNA share price forecasts range from $8.00 to $12.50. On average, they anticipate the company's stock price to reach $10.50 in the next year. This suggests a possible upside of 78.6% from the stock's current price. View analysts price targets for LUNA or view top-rated stocks among Wall Street analysts. How have LUNA shares performed in 2023? Luna Innovations' stock was trading at $8.79 at the start of the year. Since then, LUNA shares have decreased by 33.1% and is now trading at $5.88. View the best growth stocks for 2023 here. When is Luna Innovations' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our LUNA earnings forecast. How were Luna Innovations' earnings last quarter? Luna Innovations Incorporated (NASDAQ:LUNA) posted its earnings results on Thursday, August, 10th. The scientific and technical instruments company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. The scientific and technical instruments company earned $29.16 million during the quarter, compared to analyst estimates of $29.76 million. Luna Innovations had a positive trailing twelve-month return on equity of 4.62% and a negative net margin of 1.21%. During the same period in the prior year, the firm earned ($0.04) EPS. What ETF holds Luna Innovations' stock ? SPDR S&P Kensho Intelligent Structures ETF holds 10,517 shares of LUNA stock, representing 0.37% of its portfolio. What guidance has Luna Innovations issued on next quarter's earnings? Luna Innovations updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $125.00 million-$130.00 million, compared to the consensus revenue estimate of $126.72 million. What is Scott A. Graeff's approval rating as Luna Innovations' CEO? 4 employees have rated Luna Innovations Chief Executive Officer Scott A. Graeff on Glassdoor.com. Scott A. Graeff has an approval rating of 73% among the company's employees. What other stocks do shareholders of Luna Innovations own? Based on aggregate information from My MarketBeat watchlists, some companies that other Luna Innovations investors own include Roku (ROKU), General Electric (GE), Advanced Micro Devices (AMD), Inovio Pharmaceuticals (INO), Novavax (NVAX), NVIDIA (NVDA), Enphase Energy (ENPH), Nokia Oyj (NOK), Pfizer (PFE) and AbbVie (ABBV). What is Luna Innovations' stock symbol? Luna Innovations trades on the NASDAQ under the ticker symbol "LUNA." How do I buy shares of Luna Innovations? Shares of LUNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Luna Innovations' stock price today? One share of LUNA stock can currently be purchased for approximately $5.88. How much money does Luna Innovations make? Luna Innovations (NASDAQ:LUNA) has a market capitalization of $199.45 million and generates $109.50 million in revenue each year. The scientific and technical instruments company earns $9.28 million in net income (profit) each year or ($0.05) on an earnings per share basis. How many employees does Luna Innovations have? The company employs 337 workers across the globe. How can I contact Luna Innovations? Luna Innovations' mailing address is 301 FIRST STREET SW SUITE 200, ROANOKE VA, 24011. The official website for the company is www.lunainc.com. The scientific and technical instruments company can be reached via phone at (540) 769-8400, via email at ir@lunainnovations.com, or via fax at 540-769-8401. This page (NASDAQ:LUNA) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Luna Innovations Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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