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Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
NASDAQ:LUNA

Luna Innovations - LUNA Stock Forecast, Price & News

$9.02
-0.04 (-0.44%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$8.92
$9.19
50-Day Range
$5.95
$9.99
52-Week Range
$4.06
$10.45
Volume
114,156 shs
Average Volume
287,912 shs
Market Capitalization
$297.30 million
P/E Ratio
28.19
Dividend Yield
N/A
Price Target
$8.75

Luna Innovations MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.0% Downside
$8.75 Price Target
Short Interest
Healthy
1.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.08mentions of Luna Innovations in the last 14 days
Based on 3 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.

1.86 out of 5 stars

Business Services Sector

243rd out of 326 stocks

Commercial Physical Research Industry

14th out of 17 stocks


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

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
5 Stocks With Recent Price Strength Amid Uncertainty
Luna to Present at Needham Growth Conference
Luna Wins Major Contract for Levee Monitoring
See More Headlines
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LUNA Company Calendar

Last Earnings
11/10/2022
Today
1/29/2023
Next Earnings (Estimated)
3/13/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Commercial physical research
Sub-Industry
N/A
Current Symbol
NASDAQ:LUNA
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
-3.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$1.38 million
Pretax Margin
-2.66%

Debt

Sales & Book Value

Annual Sales
$87.51 million
Cash Flow
$0.25 per share
Book Value
$2.56 per share

Miscellaneous

Free Float
30,951,000
Market Cap
$297.30 million
Optionable
Not Optionable
Beta
1.24

Key Executives

  • Mr. Scott A. Graeff (Age 56)
    Pres, CEO, Treasurer, Sec. & Director
    Comp: $615.69k
  • Mr. Eugene J. Nestro (Age 57)
    CFO, Principal Financial Officer, SVP of Fin. & Principal Accounting Officer
    Comp: $393.45k
  • Dr. Brian J. Soller Ph.D. (Age 50)
    Chief Technology Officer & Exec. VP of Corp. Devel.
    Comp: $338.55k
  • Ms. Allison L. Woody
    Sr. Director of Admin.
  • Mr. Salvan Farooqui
    Sr. VP 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
    VP & Corp. Controller













LUNA Stock - Frequently Asked Questions

Should I buy or sell Luna Innovations stock right now?

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. The consensus among Wall Street 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 analysts have issued 1-year target prices for Luna Innovations' stock. Their LUNA share price forecasts range from $8.00 to $9.50. On average, they predict the company's stock price to reach $8.75 in the next year. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for LUNA
or view top-rated stocks among Wall Street analysts.

How have LUNA shares performed in 2023?

Luna Innovations' stock was trading at $8.79 on January 1st, 2023. Since then, LUNA stock has increased by 2.6% and is now trading at $9.02.
View the best growth stocks for 2023 here
.

Are investors shorting Luna Innovations?

Luna Innovations saw a increase in short interest in January. As of January 15th, there was short interest totaling 356,200 shares, an increase of 5.3% from the December 31st total of 338,300 shares. Based on an average daily volume of 171,200 shares, the short-interest ratio is presently 2.1 days.
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) posted its earnings results on Thursday, November, 10th. The scientific and technical instruments company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.03. The scientific and technical instruments company had revenue of $29.15 million for the quarter, compared to the consensus estimate of $29.15 million. Luna Innovations had a trailing twelve-month return on equity of 4.52% and a net margin of 9.80%.

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

Luna Innovations updated its FY 2022 earnings guidance on Saturday, December, 10th. The company provided earnings per share 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 a number of retail and institutional investors. Top institutional investors include AMH Equity Ltd (4.99%), Rice Hall James & Associates LLC (1.50%), Investment Management of Virginia LLC (0.42%) and City Holding Co. (0.01%).
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 $9.02.

How much money does Luna Innovations make?

Luna Innovations (NASDAQ:LUNA) has a market capitalization of $297.30 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 1/29/2023 by MarketBeat.com Staff