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NASDAQ:LUNA

Luna Innovations (LUNA) Stock Price, News & Analysis

$2.90
+0.06 (+2.11%)
(As of 07/26/2024 ET)
Today's Range
$2.83
$2.97
50-Day Range
$2.66
$3.73
52-Week Range
$1.91
$9.25
Volume
135,442 shs
Average Volume
417,569 shs
Market Capitalization
$98.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.00

Luna Innovations MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
244.8% Upside
$10.00 Price Target
Short Interest
Healthy
5.65% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.44mentions of Luna Innovations in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.67 out of 5 stars

Business Services Sector

233rd out of 317 stocks

Commercial Physical Research Industry

10th out of 12 stocks

LUNA stock logo

About Luna Innovations Stock (NASDAQ:LUNA)

Luna 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.

LUNA Stock Price History

LUNA Stock News Headlines

Kiss of death from Joe Biden
I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.
Luna Innovations Names Kevin Ilcisin as CEO
Kiss of death from Joe Biden
I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.
See More Headlines
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Company Calendar

Last Earnings
8/10/2023
Today
7/27/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Commercial physical research
Sub-Industry
Business Services
Current Symbol
NASDAQ:LUNA
Employees
390
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$12.50
Low Stock Price Target
$8.00
Potential Upside/Downside
+244.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$109.50 million
Cash Flow
$0.30 per share
Book Value
$2.83 per share

Miscellaneous

Free Float
31,378,000
Market Cap
$98.48 million
Optionable
Optionable
Beta
1.55
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Key Executives

  • Dr. Brian J. Soller Ph.D. (Age 51)
    Chief Technology Officer & Executive VP of Corporate Development
    Comp: $415.75k
  • Mr. Eugene J. Nestro (Age 58)
    Executive Officer
    Comp: $484.69k
  • Mr. George Gomez-Quintero (Age 57)
    Chief Financial Officer
  • Ms. Allison L. Woody
    Senior Director of Administration
  • Mr. Ryan H. Stewart
    Senior VP, General Counsel & Corporate Secretary
  • Ms. Eva Hartmann
    Senior Vice President of Human Resources
  • Mr. Thomas Oldemeyer (Age 59)
    Senior VP & MD of EMEA
  • Mr. Andy Brown
    VP & Corporate Controller

LUNA Stock Analysis - Frequently Asked Questions

How have LUNA shares performed this year?

Luna Innovations' stock was trading at $6.65 at the beginning of 2024. Since then, LUNA stock has decreased by 56.4% and is now trading at $2.90.
View the best growth stocks for 2024 here
.

How were Luna Innovations' earnings last quarter?

Luna Innovations Incorporated (NASDAQ:LUNA) released its quarterly earnings results on Thursday, August, 10th. The scientific and technical instruments company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.03. The scientific and technical instruments company earned $29.16 million during the quarter, compared to analysts' expectations of $29.76 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.

Who are Luna Innovations' major shareholders?

Luna Innovations' top institutional shareholders include Skylands Capital LLC (0.78%), Bank of New York Mellon Corp (0.17%), Allspring Global Investments Holdings LLC (0.10%) and Summit Securities Group LLC (0.04%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Luna Innovations own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Luna Innovations investors own include Roku (ROKU), General Electric (GE), Advanced Micro Devices (AMD), Inovio Pharmaceuticals (INO), Novavax (NVAX), NVIDIA (NVDA) and Enphase Energy (ENPH).

This page (NASDAQ:LUNA) was last updated on 7/27/2024 by MarketBeat.com Staff

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