NASDAQ:LUNA

Luna Innovations Stock Forecast, Price & News

$11.07
+0.29 (+2.69 %)
(As of 04/12/2021 12:00 AM ET)
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Today's Range
$10.62
Now: $11.07
$11.14
50-Day Range
$10.13
MA: $11.26
$12.52
52-Week Range
$4.93
Now: $11.07
$13.05
Volume147,398 shs
Average Volume231,044 shs
Market Capitalization$347.58 million
P/E Ratio61.50
Dividend YieldN/A
Beta1.23
Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products worldwide. It operates through two segments, Lightwave and Luna Labs. The Lightwave segment offers test and measurement products, which include optical vector analyzer, optical backscatter reflectometers, and the Phoenix family of tunable lasers; 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 polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; Terametrix terahertz gauging and imaging products that provides precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements; ODiSI sensing solution, which provides distributed strain and temperature measurements; and Hyperion sensing products that targets fiber optic sensing applications. The Luna Labs segment provides applied research for customers principally in the areas of sensing and materials, such as coatings, adhesives, composites, and bio-engineered materials. 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 incorporated in 1990 and is headquartered in Roanoke, Virginia.
Luna Innovations logo

Industry, Sector and Symbol

Industry Commercial physical research
Sub-IndustryN/A
Current SymbolNASDAQ:LUNA
CUSIPN/A
Phone(540) 769-8400
Employees411
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$70.52 million
Cash Flow$0.30 per share
Book Value$2.40 per share

Profitability

Net Income$5.34 million

Miscellaneous

Market Cap$347.58 million
Next Earnings Date5/6/2021 (Estimated)
OptionableNot Optionable

Headlines

Luna Shadows Is Staying Lit
April 2, 2021 |  forbes.com
Luna Innovations: The Moon That Can't Be Moved
February 19, 2021 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

1.49 out of 5 stars

Business Services Sector

103rd out of 441 stocks

Commercial Physical Research Industry

9th out of 42 stocks

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
$11.07
+0.29 (+2.69 %)
(As of 04/12/2021 12:00 AM ET)
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Luna Innovations (NASDAQ:LUNA) Frequently Asked Questions

Is Luna Innovations a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Luna Innovations in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Luna Innovations stock.
View analyst ratings for Luna Innovations
or view top-rated stocks.

What stocks does MarketBeat like better than Luna Innovations?

Wall Street analysts have given Luna Innovations a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Luna Innovations wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Luna Innovations' next earnings date?

Luna Innovations is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Luna Innovations
.

How were Luna Innovations' earnings last quarter?

Luna Innovations Incorporated (NASDAQ:LUNA) released its quarterly earnings results on Thursday, March, 11th. The scientific and technical instruments company reported $0.07 EPS for the quarter, meeting the Zacks' consensus estimate of $0.07. The scientific and technical instruments company had revenue of $25.92 million for the quarter, compared to the consensus estimate of $24.38 million. Luna Innovations had a net margin of 7.21% and a trailing twelve-month return on equity of 10.72%.
View Luna Innovations' earnings history
.

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

Luna Innovations' stock was trading at $5.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LUNA shares have increased by 84.8% and is now trading at $11.07.
View which stocks have been most impacted by COVID-19
.

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

Luna Innovations issued an update on its FY 2021 After-Hours earnings guidance on Thursday, March, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $122-127 million, compared to the consensus revenue estimate of $106.58 million.

What price target have analysts set for LUNA?

1 equities research analysts have issued twelve-month price objectives for Luna Innovations' stock. Their forecasts range from $14.50 to $14.50. On average, they expect Luna Innovations' stock price to reach $14.50 in the next year. This suggests a possible upside of 31.0% from the stock's current price.
View analysts' price targets for Luna Innovations
or view top-rated stocks among Wall Street analysts.

Who are Luna Innovations' key executives?

Luna Innovations' management team includes the following people:
  • Mr. Scott A. Graeff, Pres, CEO, Treasurer, Sec. & Director (Age 54, Pay $585.07k)
  • Mr. Eugene J. Nestro, CFO, Principal Financial Officer & Principal Accounting Officer (Age 55, Pay $141.8k)
  • Ms. Allison Woody, Director of Admin.
  • Ms. Jane R. Bailey, VP of Marketing & Communications
  • Ms. Marnie C. Young, VP of HR
  • Dr. Brian J. Soller, Sr. VP & GM of Lightwave Division (Age 48)
  • Dr. James T. Garrett, Sr. VP & GM of Luna Labs

What is Scott A. Graeff's approval rating as Luna Innovations' CEO?

4 employees have rated Luna Innovations CEO Scott A. Graeff on Glassdoor.com. Scott A. Graeff has an approval rating of 73% among Luna Innovations' employees.

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).

What is Luna Innovations' stock symbol?

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

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 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 $11.07.

How much money does Luna Innovations make?

Luna Innovations has a market capitalization of $347.58 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.

How many employees does Luna Innovations have?

Luna Innovations employs 411 workers across the globe.

What is Luna Innovations' official website?

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

Where are Luna Innovations' headquarters?

Luna Innovations is headquartered at 301 FIRST STREET SW SUITE 200, ROANOKE VA, 24011.

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 4/12/2021 by MarketBeat.com Staff
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