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NASDAQ:LUNA

Luna Innovations - LUNA Stock Forecast, Price & News

$7.31
-0.16 (-2.14%)
(As of 12/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$7.29
▼
$7.64
50-Day Range
$4.17
▼
$7.47
52-Week Range
$4.06
▼
$9.14
Volume
161,362 shs
Average Volume
150,669 shs
Market Capitalization
$240.95 million
P/E Ratio
22.84
Dividend Yield
N/A
Price Target
$8.75

Luna Innovations MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.7% Upside
$8.75 Price Target
Short Interest
Healthy
0.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.17mentions of Luna Innovations in the last 14 days
Based on 29 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
125.00%
From $0.12 to $0.27 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Business Services Sector

111th out of 322 stocks

Commercial Physical Research Industry

9th out of 18 stocks

See Top Rated MarketRank™ Stocks Here
LUNA stock logo

About Luna Innovations (NASDAQ:LUNA) Stock

Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products worldwide. The company offers optical test and measurement products, which include optical vector analyzer, optical backscatter reflectometers, and the Phoenix family of tunable lasers; and Hyperion sensing solution that enables full-spectrum data acquisition and flexible peak detect algorithms of fiber-bragg gratings (FBGs), long period FBGs, and fabry-perot sensors with low-latency access to data for closed loop feedback applications. It also provides polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; single frequency lasers; temperature and strain sensing products; ODiSI sensing solution, which provides distributed strain and temperature measurements; and Terametrix terahertz gauging and imaging products that provide precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements, as well as distributed acoustic sensing intellectual property and 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.

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LUNA Stock News Headlines

December 6, 2022 | onmsft.com
You can now stream your Ubisoft PC games on Amazon Luna
December 6, 2022 | msn.com
Amazon now lets Luna subscribers stream Ubisoft games they own
December 6, 2022 | msn.com
Pauleen Luna is one happy mama as Tali enjoys Disneyland for the first time
December 6, 2022 | msn.com
New LA Sheriff Says He Thinks Deputies Are Ready For A Stabilizer. Union Says It'll 'Wait And See'
December 6, 2022 | americanbankingnews.com
Luna Innovations (NASDAQ:LUNA) Upgraded to "C" at TheStreet
December 5, 2022 | msn.com
Robert Luna sworn in as new Los Angeles County sheriff
December 5, 2022 | bizjournals.com
New Mexicans to Know: Ed Luna found a calling in helping the community
December 4, 2022 | msn.com
Robert Luna Is Sworn In As Los Angeles County Sheriff
December 4, 2022 | msn.com
Robert Luna Sworn in as Los Angeles County Sheriff
December 4, 2022 | msn.com
Robert Luna is sworn in as the 34th Los Angeles County Sheriff
December 3, 2022 | msn.com
Robert Luna sworn in as new LA County sheriff
December 3, 2022 | msn.com
Robert Luna sworn in as Sheriff, starts official duties Dec. 5
December 3, 2022 | msn.com
Robert Luna is sworn in as L.A. County’s new sheriff, replacing controversial predecessor
December 3, 2022 | msn.com
LIVE: Robert Luna sworn in as new LA County sheriff
December 3, 2022 | msn.com
Robert Luna to be sworn in as Sheriff today, starts official duties Dec. 5
December 3, 2022 | msn.com
Robert Luna to be sworn in as new LA County sheriff
December 3, 2022 | msn.com
Column: How will L.A. County Sheriff Robert Luna solve his department’s many problems?
December 2, 2022 | msn.com
Cryptocurrency Terra Luna Classic's Price Increased More Than 10% Within 24 hours
December 2, 2022 | msn.com
Sheriff-elect Luna on ‘fractured relationships’ and challenges ahead post-Villanueva
December 2, 2022 | msn.com
Column: Can a nice guy like Robert Luna lead as L.A. County sheriff?
December 1, 2022 | msn.com
Gael García Bernal, Diego Luna’s La Corriente del Golfo To Co-Produce ‘Tesis Sobre una Domesticación,’ From Camila Sosa Villada (EXCLUSIVE)
December 1, 2022 | finance.yahoo.com
Luna to Present at Singular Research’s Best of the Uncovered Investor Conference on December 8, 2022
December 1, 2022 | americanbankingnews.com
Luna Innovations (NASDAQ:LUNA) Downgraded by StockNews.com to "Hold"
November 30, 2022 | msn.com
The rose-coloured world according to Adelaide rising pop artist Nat Luna
November 30, 2022 | msn.com
Luna Announces Sheriff’s Department Leadership Appointments
See More Headlines
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LUNA Company Calendar

Last Earnings
11/15/2021
Today
12/06/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/13/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Commercial physical research
Sub-Industry
N/A
Sector
Business Services
Current Symbol
NASDAQ:LUNA
CUSIP
N/A
CIK
1239819
Web
www.lunainc.com
Phone
(540) 769-8400
Fax
540-769-8401
Employees
385
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$8.75
High Stock Price Forecast
$9.50
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+19.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.32
Trailing P/E Ratio
22.84
Forward P/E Ratio
60.92
P/E Growth
N/A
Net Income
$1.38 million
Net Margins
9.80%
Pretax Margin
-2.66%
Return on Equity
4.52%
Return on Assets
2.82%

Debt

Debt-to-Equity Ratio
0.22
Current Ratio
2.38
Quick Ratio
1.42

Sales & Book Value

Annual Sales
$87.51 million
Price / Sales
2.75
Cash Flow
$0.24 per share
Price / Cash Flow
30.17
Book Value
$2.56 per share
Price / Book
2.86

Miscellaneous

Outstanding Shares
32,962,000
Free Float
30,885,000
Market Cap
$240.95 million
Optionable
Not Optionable
Beta
1.39

Key Executives

  • Mr. Scott A. Graeff (Age 55)
    Pres, CEO, Treasurer, Sec. & Director
    Comp: $615.69k
  • Mr. Eugene J. Nestro (Age 56)
    CFO, Principal Financial Officer & Principal Accounting Officer
    Comp: $393.45k
  • Dr. Brian J. Soller (Age 49)
    Chief Operating Officer
    Comp: $338.55k
  • Ms. Allison Woody
    Director of Admin.
  • Mr. Salvan Farooqui
    Sr. VP and Head of Global Sales & Marketing
  • Ms. Marnie C. Young
    VP of HR
  • Ms. Eva Hartmann
    Sr. VP of HR
  • Mr. Jackie Kline
    Sr. VP of Operations
  • Mr. Andy Brown
    Corp. Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













LUNA Stock - Frequently Asked Questions

Should I buy or sell Luna Innovations stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Luna Innovations in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities 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?

2 Wall Street analysts have issued 12-month price targets for Luna Innovations' stock. Their LUNA share price forecasts range from $8.00 to $9.50. On average, they anticipate the company's stock price to reach $8.75 in the next twelve months. This suggests a possible upside of 19.7% 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 2022?

Luna Innovations' stock was trading at $8.44 at the beginning of 2022. Since then, LUNA shares have decreased by 13.4% and is now trading at $7.31.
View the best growth stocks for 2022 here.

Are investors shorting Luna Innovations?

Luna Innovations saw a decrease in short interest in November. As of November 15th, there was short interest totaling 250,300 shares, a decrease of 31.3% from the October 31st total of 364,100 shares. Based on an average daily trading volume, of 66,200 shares, the days-to-cover ratio is currently 3.8 days. Currently, 0.8% of the company's stock are sold short.
View Luna Innovations' Short Interest.

When is Luna Innovations' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 13th 2023.
View our LUNA earnings forecast.

How were Luna Innovations' earnings last quarter?

Luna Innovations Incorporated (NASDAQ:LUNA) announced its quarterly earnings results on Monday, November, 15th. The scientific and technical instruments company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.02. The scientific and technical instruments company had revenue of $20.33 million for the quarter, compared to analyst estimates of $30.60 million. Luna Innovations had a net margin of 9.80% and a trailing twelve-month return on equity of 4.52%. During the same quarter in the prior year, the business posted $0.12 EPS.

What guidance has Luna Innovations issued on next quarter's earnings?

Luna Innovations updated its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $109.00 million-$115.00 million, compared to the consensus revenue estimate of $112.25 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 many different retail and institutional investors. Top institutional investors include Royce & Associates LP (5.99%), Vanguard Group Inc. (4.32%), Dimensional Fund Advisors LP (2.51%), Rice Hall James & Associates LLC (1.56%), Victory Capital Management Inc. (1.48%) and BlackRock Inc. (1.28%).
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 $7.31.

How much money does Luna Innovations make?

Luna Innovations (NASDAQ:LUNA) has a market capitalization of $240.95 million and generates $87.51 million in revenue each year. The scientific and technical instruments company earns $1.38 million in net income (profit) each year or $0.32 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 12/6/2022 by MarketBeat.com Staff