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NASDAQ:LUNA - Luna Innovations Stock Price, Forecast & News

$7.49
-0.06 (-0.79 %)
(As of 12/15/2019 04:00 PM ET)
Today's Range
$7.45
Now: $7.49
$7.70
50-Day Range
$5.82
MA: $6.76
$7.59
52-Week Range
$2.68
Now: $7.49
$7.72
Volume133,827 shs
Average Volume261,514 shs
Market Capitalization$210.69 million
P/E Ratio187.25
Dividend YieldN/A
Beta0.78
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 fiber optic sensing products, as well as test and measurement products to monitor the integrity of fiber optic network components and sub-assemblies, which include optical vector analyzer, optical backscatter reflectometers, and the Phoenix family of tunable lasers; and distributed sensing systems comprising optical distributed sensor interrogator sensing solution with multiple sensors whose inputs are integrated through a fiber optic network and software. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$42.92 million
Cash Flow$0.09 per share
Book Value$2.23 per share

Profitability

Net Income$11 million

Miscellaneous

Employees196
Market Cap$210.69 million
Next Earnings Date3/2/2020 (Estimated)
OptionableNot Optionable

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Luna Innovations (NASDAQ:LUNA) Frequently Asked Questions

What is Luna Innovations' stock symbol?

Luna Innovations trades on the NASDAQ under the ticker symbol "LUNA."

How were Luna Innovations' earnings last quarter?

Luna Innovations Incorporated (NASDAQ:LUNA) released its earnings results on Tuesday, November, 5th. The scientific and technical instruments company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. The scientific and technical instruments company earned $18.42 million during the quarter, compared to analyst estimates of $17.81 million. Luna Innovations had a net margin of 6.40% and a return on equity of 4.79%. View Luna Innovations' Earnings History.

When is Luna Innovations' next earnings date?

Luna Innovations is scheduled to release their next quarterly earnings announcement on Monday, March 2nd 2020. View Earnings Estimates for Luna Innovations.

What price target have analysts set for LUNA?

2 equities research analysts have issued 1 year target prices for Luna Innovations' shares. Their forecasts range from $5.00 to $6.00. On average, they expect Luna Innovations' stock price to reach $5.50 in the next year. This suggests that the stock has a possible downside of 26.6%. View Analyst Price Targets for Luna Innovations.

What is the consensus analysts' recommendation for Luna Innovations?

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

What are Wall Street analysts saying about Luna Innovations stock?

Here are some recent quotes from research analysts about Luna Innovations stock:
  • 1. According to Zacks Investment Research, "LUNA INNOVATIONS INCORPORATED develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets. Luna develops technologies in four primary areas: Sensors & Systems; Health Sciences; Materials & Secure Computing. Luna's product offerings generally fit into two categories: Instrumentation, Test & Measurement & Healthcare. The products are used to measure, monitor, protect and improve critical processes in the markets we serve. Through its disciplined commercialization business model, Luna has become a recognized leader in transitioning science to solutions. Luna is headquartered in Roanoke, Virginia. " (11/12/2019)
  • 2. Northland Securities analysts commented, "We are upgrading LUNA shares to OP and increasing our PT to $6.00 on the heels of the company’s much better than expected Q2 report and outlook, with solid contributions from the recent Photonics acquisitions adding to 30% growth in the company’s established Comm Test and Structural Test units, with sustainable drivers including SiPhotonics and ROADM R&D and production test in Comms and increasing Aerospace and Auto penetration in Structural/Sensor Test." (8/8/2019)

Has Luna Innovations been receiving favorable news coverage?

News headlines about LUNA stock have trended neutral recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Luna Innovations earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave news headlines about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Luna Innovations.

Are investors shorting Luna Innovations?

Luna Innovations saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 246,300 shares, an increase of 18.3% from the November 14th total of 208,200 shares. Based on an average daily trading volume, of 259,700 shares, the short-interest ratio is currently 0.9 days. Approximately 0.9% of the company's stock are sold short. View Luna Innovations' Current Options Chain.

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), NovaBay Pharmaceuticals (NBY), Advanced Micro Devices (AMD), NVIDIA (NVDA), Corbus Pharmaceuticals (CRBP), Arcos Dorados (ARCO), Canopy Growth (CGC), Target (TGT) and Catalyst Biosciences (CBIO).

Who are Luna Innovations' key executives?

Luna Innovations' management team includes the folowing people:
  • Mr. Scott A. Graeff, Pres, CEO & Director (Age 52)
  • Mr. Dale E. Messick, Chief Financial Officer (Age 55)
  • Dr. Brian J. Soller, VP & GM of Lightwave Division (Age 46)

Who are Luna Innovations' major shareholders?

Luna Innovations' stock is owned by a number of of retail and institutional investors. Top institutional investors include Essex Investment Management Co. LLC (1.10%), Janney Montgomery Scott LLC (0.95%), Millennium Management LLC (0.64%), California Public Employees Retirement System (0.32%), Squarepoint Ops LLC (0.22%) and Hancock Whitney Corp (0.09%). 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 Janney Montgomery Scott LLC and Essex Investment Management Co. LLC. View Insider Buying and Selling for Luna Innovations.

Which major investors are buying Luna Innovations stock?

LUNA stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Squarepoint Ops LLC, Hancock Whitney Corp, Virtu Financial LLC, California Public Employees Retirement System and Tower Research Capital LLC TRC. View Insider Buying and Selling 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 $7.49.

How big of a company is Luna Innovations?

Luna Innovations has a market capitalization of $210.69 million and generates $42.92 million in revenue each year. The scientific and technical instruments company earns $11 million in net income (profit) each year or $0.04 on an earnings per share basis. Luna Innovations employs 196 workers across the globe.View Additional Information About Luna Innovations.

What is Luna Innovations' official website?

The official website for Luna Innovations is http://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]


MarketBeat Community Rating for Luna Innovations (NASDAQ LUNA)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  168 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  331
MarketBeat's community ratings are surveys of what our community members think about Luna Innovations and other stocks. Vote "Outperform" if you believe LUNA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LUNA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2019 by MarketBeat.com Staff

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