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

$5.94
-0.06 (-1.00 %)
(As of 09/17/2019 02:35 AM ET)
Today's Range
$5.80
Now: $5.94
$6.10
50-Day Range
$4.47
MA: $5.81
$6.83
52-Week Range
$2.68
Now: $5.94
$6.90
Volume194,488 shs
Average Volume142,067 shs
Market Capitalization$167.07 million
P/E Ratio148.50
Dividend YieldN/A
Beta0.72
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$0.0869 per share
Book Value$2.23 per share

Profitability

Net Income$11 million

Miscellaneous

Employees196
Market Cap$167.07 million
Next Earnings Date11/14/2019 (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 will Luna Innovations' stock buyback program work?

Luna Innovations announced that its board has approved a share repurchase plan on Thursday, September 21st 2017, which allows the company to repurchase $2,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 4.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its shares are undervalued.

How were Luna Innovations' earnings last quarter?

Luna Innovations Incorporated (NASDAQ:LUNA) posted its quarterly earnings results on Wednesday, August, 7th. The scientific and technical instruments company reported $0.02 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The scientific and technical instruments company had revenue of $17.81 million for the quarter, compared to analysts' expectations of $15.62 million. Luna Innovations had a return on equity of 4.97% and a net margin of 20.67%. View Luna Innovations' Earnings History.

When is Luna Innovations' next earnings date?

Luna Innovations is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Luna Innovations.

What price target have analysts set for LUNA?

3 brokers have issued 1-year price targets for Luna Innovations' shares. Their forecasts range from $5.00 to $6.00. On average, they anticipate Luna Innovations' stock price to reach $5.50 in the next year. This suggests that the stock has a possible downside of 7.4%. View Analyst Price Targets for Luna Innovations.

What is the consensus analysts' recommendation for Luna Innovations?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luna Innovations in the last year. There are currently 3 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. " (8/15/2019)
  • 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?

Media headlines about LUNA stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Luna Innovations earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave media stories about the scientific and technical instruments company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Luna Innovations.

Are investors shorting Luna Innovations?

Luna Innovations saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 46,800 shares, an increase of 142.5% from the July 31st total of 19,300 shares. Based on an average daily trading volume, of 135,400 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company's shares 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), Advanced Micro Devices (AMD), NVIDIA (NVDA), Okta (OKTA), Arcos Dorados (ARCO), Cara Therapeutics (CARA), Catalyst Biosciences (CBIO), Celsion (CLSN) and Corbus Pharmaceuticals (CRBP).

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 many different of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (4.59%), BlackRock Inc. (1.78%), Janney Montgomery Scott LLC (1.56%), River & Mercantile Asset Management LLP (1.23%), River & Mercantile Asset Management LLP (1.23%) and Perritt Capital Management Inc. (0.94%). 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 Perritt Capital Management Inc. and Janney Montgomery Scott LLC. View Insider Buying and Selling 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 River & Mercantile Asset Management LLP, River & Mercantile Asset Management LLP, BlackRock Inc., Renaissance Technologies LLC, Acadian Asset Management LLC, Wells Fargo & Company MN, Morgan Stanley and Connor Clark & Lunn Investment Management Ltd.. 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 $5.94.

How big of a company is Luna Innovations?

Luna Innovations has a market capitalization of $167.07 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:  2.6 out of 5 (star star)
Outperform Votes:  156 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  303
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 9/17/2019 by MarketBeat.com Staff

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