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NASDAQ:LUNA

Luna Innovations Stock Forecast, Price & News

$6.28
-0.35 (-5.28 %)
(As of 10/28/2020 12:00 AM ET)
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Today's Range
$6.24
Now: $6.28
$6.57
50-Day Range
$5.81
MA: $6.35
$6.98
52-Week Range
$4.50
Now: $6.28
$9.32
Volume156,615 shs
Average Volume272,341 shs
Market Capitalization$193.42 million
P/E Ratio57.10
Dividend YieldN/A
Beta0.97
Luna Innovations Incorporated develops, manufactures, and markets fiber optic sensing, and test and measurement products worldwide. It operates in two segments, Products and Licensing, and Technology Development. The Products and Licensing segment offers test and measurement products, which include optical vector analyzer, optical backscatter reflectometers, and the Phoenix family of tunable lasers; optical distributed sensor interrogator sensing solutions for distributed strain and temperature measurements; and Hyperion sensing solution that enable full-spectrum data acquisition and flexible peak detect algorithms of fiber-bragg grating (FBG), long period FBGs and fabry-perot sensors with low-latency access to data for closed loop feedback applications. This segment also provides general photonics comprising components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and TeraMetrix products to measure and verify physical properties online and in real-time to reduce raw materials and rework costs in manufacturing processes as well as to conduct quality control monitoring utilizing terahertz measurement technologies. The Technology Development segment provides applied research for customers principally in the areas of sensing and instrumentation, advanced materials, and health sciences. The company sells its 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 founded in 1990 and is headquartered in Roanoke, Virginia.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.73 out of 5 stars

Industry, Sector and Symbol

Industry Commercial physical research
Sub-IndustryN/A
Current SymbolNASDAQ:LUNA
CUSIPN/A
Phone540-769-8400
Employees289

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$70.52 million
Cash Flow$0.27 per share
Book Value$2.40 per share

Profitability

Net Income$5.34 million

Miscellaneous

Market Cap$193.42 million
Next Earnings Date11/3/2020 (Estimated)
OptionableNot Optionable
$6.28
-0.35 (-5.28 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Luna Innovations (NASDAQ:LUNA) Frequently Asked Questions

How has Luna Innovations' stock price been impacted by COVID-19 (Coronavirus)?

Luna Innovations' stock was trading at $5.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LUNA stock has increased by 4.8% and is now trading at $6.28.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Luna Innovations?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luna Innovations in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Luna Innovations
.

When is Luna Innovations' next earnings date?

Luna Innovations is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Luna Innovations
.

How were Luna Innovations' earnings last quarter?

Luna Innovations Incorporated (NASDAQ:LUNA) issued its quarterly earnings data on Thursday, August, 6th. The scientific and technical instruments company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.01 by $0.03. The scientific and technical instruments company earned $18.58 million during the quarter, compared to analysts' expectations of $17.99 million. Luna Innovations had a return on equity of 7.50% and a net margin of 4.93%.
View Luna Innovations' earnings history
.

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

Luna Innovations updated its FY 2020 After-Hours earnings guidance on Thursday, August, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $81-83 million, compared to the consensus revenue estimate of $80.9 million.

What price target have analysts set for LUNA?

2 equities research analysts have issued 12 month price targets for Luna Innovations' stock. Their forecasts range from $7.00 to $9.00. On average, they expect Luna Innovations' stock price to reach $8.00 in the next year. This suggests a possible upside of 27.4% from the stock's current price.
View analysts' price targets for Luna Innovations
.

Who are some of Luna Innovations' key competitors?

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 (NOK), Pfizer (PFE) and AbbVie (ABBV).

Who are Luna Innovations' key executives?

Luna Innovations' management team includes the following people:
  • Mr. Scott A. Graeff, Pres, CEO, Treasurer, Sec. & Director (Age 53, Pay $585.07k)
  • Mr. Eugene J. Nestro, CFO, Principal Financial Officer & Principal Accounting Officer (Age 54, Pay $141.8k)
  • Ms. Allison Woody, Director of Admin.
  • Ms. Jane R. Bailey, VP of Marketing & Communications
  • Ms. Marnie C. Young, VP of HR

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 investors include Cadence Capital Management LLC (0.23%) and Mesirow Financial Investment Management Inc. (0.17%).
View institutional ownership trends for Luna Innovations
.

Which major investors are selling Luna Innovations stock?

LUNA stock was sold by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC.
View insider buying and selling activity for Luna Innovations
.

Which major investors are buying Luna Innovations stock?

LUNA stock was purchased by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Inc..
View insider buying and selling activity for Luna Innovations
.

How do I buy shares of Luna Innovations?

Shares of LUNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Luna Innovations' stock price today?

One share of LUNA stock can currently be purchased for approximately $6.28.

How big of a company is Luna Innovations?

Luna Innovations has a market capitalization of $193.42 million and generates $70.52 million in revenue each year. The scientific and technical instruments company earns $5.34 million in net income (profit) each year or $0.17 on an earnings per share basis. Luna Innovations employs 289 workers across the globe.

What is Luna Innovations' official website?

The official website for Luna Innovations is www.lunainc.com.

How can I contact Luna Innovations?

Luna Innovations' mailing address is 301 FIRST STREET SW SUITE 200, ROANOKE VA, 24011. The scientific and technical instruments company can be reached via phone at 540-769-8400 or via email at [email protected]

This page was last updated on 10/29/2020 by MarketBeat.com Staff

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