NASDAQ:LUNA Luna Innovations (LUNA) Stock Forecast, Price & News $9.28 +0.14 (+1.53%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$8.77▼$9.3550-Day Range$5.98▼$9.2952-Week Range$4.06▼$10.97Volume223,746 shsAverage Volume233,067 shsMarket Capitalization$309.95 millionP/E RatioN/ADividend YieldN/APrice Target$9.17 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Luna Innovations MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside1.2% Downside$9.17 Price TargetShort InterestHealthy0.88% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.21Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth47.62%From $0.21 to $0.31 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.1.71 out of 5 starsBusiness Services Sector273rd out of 339 stocksCommercial Physical Research Industry14th out of 16 stocks 1.3 Analyst's Opinion Consensus RatingLuna Innovations has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.17, Luna Innovations has a forecasted downside of 1.2% from its current price of $9.28.Amount of Analyst CoverageLuna Innovations has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.88% 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 1.3, 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 9.17%, 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 1.8 News and Social Media Coverage News SentimentLuna Innovations has a news sentiment score of 0.21. 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 0.48 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Luna Innovations this week, compared to 10 articles on an average week.Search Interest4 people have searched for LUNA on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Luna Innovations to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% 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 6.10% of the stock of Luna Innovations is held by insiders.Percentage Held by Institutions49.04% 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 47.62% in the coming year, from $0.21 to $0.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Luna Innovations is -132.55, 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 -132.55, 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 3.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Luna Innovations (NASDAQ:LUNA) StockLuna Innovations, Inc. engages as an advanced optical technology company. The firm provides high performance fiber optic test, measurement and control products for the telecommunications and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, energy, oil and gas, security and infrastructure. Its distributed fiber optic sensing products help designers and manufacturers more efficiently develop new and innovative products by measuring stress, strain, and temperature at a high resolution for new designs or manufacturing processes. The company was founded by Kent A. Murphy in July 1990 and is headquartered in Roanoke, VA.Read More 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 Stock News HeadlinesJune 3, 2023 | news.yahoo.comBeauty Around the Clock: Luna Blaise BoydJune 2, 2023 | msn.comElectric Luna first image LEAKED!June 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>June 1, 2023 | yahoo.comChrissy Teigen Shares Too Cute To Miss Photo of Lookalike Daughter Luna — & Zooms in on One Part Making Moms LOLJune 1, 2023 | msn.comLuna Lauren Velez of ‘Spider-Man: Across the Spider-Verse’ reveals her mom is her superheroJune 1, 2023 | news.yahoo.comDiego Luna and Tony Gilroy tease Andor season 2 time jumps and the 'responsibility' of ending Cassian's storyJune 1, 2023 | msn.comDiego Luna and Tony Gilroy teaseMay 31, 2023 | msn.comNeedham Reiterates Luna Innovations (LUNA) Buy RecommendationJune 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 31, 2023 | msn.comIconic Kinetic Luna To Make A Comeback As An Electric Moped, CEO ConfirmsMay 30, 2023 | forbes.comGabriel Luna’s Stellar Year: From ‘The Last Of Us’ To Reuniting With Arnold Schwarzenegger On ‘Fubar’May 26, 2023 | sports.yahoo.comUS striker Diego Luna gives shout out to El Paso after big goal at U-20 World CupMay 26, 2023 | msn.comUnihertz Luna Review: A budget Nothing Phone with brighter LEDsMay 25, 2023 | foxnews.comGOP Rep. Anna Paulina Luna seeks $16 million fine against Adam Schiff for 'lies' about Trump-Russia collusionMay 25, 2023 | news.yahoo.comGabriel Luna Only Plays Bad Guys for Arnold SchwarzeneggerMay 24, 2023 | msn.comFlorida Rep. Anna Luna files motion to fine Schiff $16M for ‘Russiagate lies’May 24, 2023 | msn.comGOP Rep. Anna Paulina Luna seeks $16 million fine against Adam Schiff for ‘lies’ about Trump-Russia collusionMay 24, 2023 | finance.yahoo.comShareholders have faith in loss-making Luna Innovations (NASDAQ:LUNA) as stock climbs 11% in past week, taking five-year gain to 162%May 24, 2023 | americanbankingnews.comLuna Innovations (NASDAQ:LUNA) Coverage Initiated at Needham & Company LLCMay 22, 2023 | news.yahoo.comGabriel Luna Is Open to a Marvel Return as Ghost RiderMay 22, 2023 | news.yahoo.comCelebrate Amazon Gaming Week with the best device deals on Luna, Eero and Fire HDMay 22, 2023 | msn.comNeedham Initiates Coverage of Luna Innovations (LUNA) with Buy RecommendationMay 22, 2023 | fxstreet.comCryptocurrencies Price Prediction: Terra Luna Classic, Shiba Inu & Dogecoin — Asian Wrap 22 MayMay 21, 2023 | fxstreet.comTerra Luna Classic price needs consolidate for longer before LUNC triggers a quick rallyMay 20, 2023 | cbsnews.comSheriff Luna threatens to fire those who do not cooperate in deputy gang investigationsMay 18, 2023 | forbes.comWhy Gabriel Luna Axed His ‘Stock Answer’ To Playing Ghost Rider In MCUMay 18, 2023 | americanbankingnews.comLuna Innovations (NASDAQ:LUNA) Now Covered by StockNews.comSee More Headlines LUNA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LUNA Company Calendar Last Earnings3/14/2023Today6/02/2023Next Earnings (Estimated)8/10/2023Fiscal 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) 769-8400Fax540-769-8401Employees385Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.17 High Stock Price Forecast$10.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside-1.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.07) Trailing P/E RatioN/A Forward P/E Ratio44.19 P/E GrowthN/ANet Income$9.28 million Net Margins-1.91% Pretax Margin-2.20% Return on Equity2.55% Return on Assets1.57% Debt Debt-to-Equity Ratio0.27 Current Ratio2.76 Quick Ratio1.54 Sales & Book Value Annual Sales$109.50 million Price / Sales2.83 Cash Flow$0.28 per share Price / Cash Flow33.46 Book Value$2.82 per share Price / Book3.29Miscellaneous Outstanding Shares33,400,000Free Float31,367,000Market Cap$309.95 million OptionableNot Optionable Beta1.28 Key ExecutivesScott A. GraeffPresident, CEO, Secretary, Treasurer & DirectorJackie KlineSenior Vice President-OperationsEugene NestroChief Financial Officer & SVP-FinanceBrian J. SollerChief Technology Officer & EVPSalvan FarooquiSVP & Head-Global Sales& MarketingKey CompetitorsSomaLogicNASDAQ:SLGCNational ResearchNASDAQ:NRCVacasaNASDAQ:VCSACPI Card GroupNASDAQ:PMTSADS-TEC EnergyNASDAQ:ADSEView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Bought 162,654 shares on 5/18/2023Ownership: 0.494%SkyView Investment Advisors LLCBought 6,000 shares on 5/18/2023Ownership: 0.018%Geode Capital Management LLCBought 11,936 shares on 5/16/2023Ownership: 0.926%Susquehanna International Group LLPBought 15,700 shares on 5/16/2023Ownership: 0.000%Squarepoint Ops LLCBought 23,505 shares on 5/16/2023Ownership: 0.070%View All Institutional Transactions LUNA Stock - Frequently Asked Questions Should I buy or sell Luna Innovations stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Luna Innovations in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LUNA shares. View LUNA analyst ratings or view top-rated stocks. What is Luna Innovations' stock price forecast for 2023? 3 brokers have issued twelve-month price objectives for Luna Innovations' shares. Their LUNA share price forecasts range from $8.00 to $10.00. On average, they predict the company's stock price to reach $9.17 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. 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 beginning of 2023. Since then, LUNA shares have increased by 5.6% and is now trading at $9.28. 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, August 10th 2023. View our LUNA earnings forecast. How were Luna Innovations' earnings last quarter? Luna Innovations Incorporated (NASDAQ:LUNA) announced its quarterly earnings results on Tuesday, March, 14th. The scientific and technical instruments company reported $0.06 EPS for the quarter. The scientific and technical instruments company earned $31.70 million during the quarter, compared to the consensus estimate of $32.19 million. Luna Innovations had a negative net margin of 1.91% and a positive trailing twelve-month return on equity of 2.55%. What guidance has Luna Innovations issued on next quarter's earnings? Luna Innovations updated its FY 2023 earnings guidance on Tuesday, May, 9th. 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." Who are Luna Innovations' major shareholders? Luna Innovations' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (5.58%), AMH Equity Ltd (4.53%), Punch & Associates Investment Management Inc. (3.67%), Dimensional Fund Advisors LP (2.73%), Wasatch Advisors LP (2.09%) and Rice Hall James & Associates LLC (1.45%). View institutional ownership trends. 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 $9.28. How much money does Luna Innovations make? Luna Innovations (NASDAQ:LUNA) has a market capitalization of $309.95 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 ($0.07) on an earnings per share basis. How many employees does Luna Innovations have? The company employs 385 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 6/3/2023 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. 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