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NASDAQ:LUNALuna Innovations Stock Price, Forecast & News

$6.15
+0.06 (+0.99 %)
(As of 05/26/2020 04:00 PM ET)
Add
Compare
Today's Range
$5.88
Now: $6.15
$6.20
50-Day Range
$5.37
MA: $6.77
$7.82
52-Week Range
$3.90
Now: $6.15
$9.32
Volume264,442 shs
Average Volume289,706 shs
Market Capitalization$187.50 million
P/E Ratio68.33
Dividend YieldN/A
Beta1.18
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. This segment also offers optoelectronic solutions for various applications, such as metrology, missile guidance, flame monitoring, temperature sensing, particle detection, color sensing, infrared detection, and other applications; and terahertz sensing systems, which are used to measure and verify physical properties online and in real-time. In addition, this segment conducts applied research in the fiber optic sensing area for corporate and government customers. 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
SectorBusiness Services
Current SymbolNASDAQ:LUNA
CUSIPN/A
Phone540-769-8400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$70.52 million
Cash Flow$0.28 per share
Book Value$2.40 per share

Profitability

Net Income$5.34 million

Miscellaneous

Employees196
Market Cap$187.50 million
Next Earnings Date8/5/2020 (Estimated)
OptionableNot Optionable

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Luna Innovations (NASDAQ:LUNA) Frequently Asked Questions

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

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 stock has increased by 2.7% and is now trading at $6.15. View which stocks have been most impacted by Coronavirus.

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 Wednesday, August 5th 2020. View our earnings forecast for Luna Innovations.

How were Luna Innovations' earnings last quarter?

Luna Innovations Incorporated (NASDAQ:LUNA) issued its earnings results on Thursday, May, 7th. The scientific and technical instruments company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.01. The scientific and technical instruments company had revenue of $17.14 million for the quarter, compared to the consensus estimate of $17.01 million. Luna Innovations had a return on equity of 6.84% and a net margin of 4.26%. View Luna Innovations' earnings history.

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

Luna Innovations issued an update on its FY 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $81-81 million, compared to the consensus revenue estimate of $82 million.

What price target have analysts set for LUNA?

2 analysts have issued 1-year target prices for Luna Innovations' stock. Their forecasts range from $7.00 to $9.00. On average, they expect Luna Innovations' share price to reach $8.00 in the next year. This suggests a possible upside of 30.1% from the stock's current price. View analysts' price targets 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. " (5/9/2020)
  • 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 stories about LUNA stock have trended extremely negative recently, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Luna Innovations earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave news articles 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 effect on the company's share price in the near term. View the latest news aboutLuna Innovations.

Are investors shorting Luna Innovations?

Luna Innovations saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 426,300 shares, an increase of 48.8% from the April 30th total of 286,500 shares. Based on an average daily volume of 302,700 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.6% 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 NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY), General Electric (GE), Roku (ROKU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Canopy Growth (CGC), Arcos Dorados (ARCO), Target (TGT) and Actinium Pharmaceuticals (ATNM).

Who are Luna Innovations' key executives?

Luna Innovations' management team includes the following 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)

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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.71%), EAM Investors LLC (1.43%), EAM Global Investors LLC (1.03%), Essex Investment Management Co. LLC (1.10%), THB Asset Management (1.04%) and Cadence Capital Management LLC (1.03%). View institutional ownership trends for Luna Innovations.

Which institutional investors are selling Luna Innovations stock?

LUNA stock was sold by a variety of institutional investors in the last quarter, including Alambic Investment Management L.P., Connor Clark & Lunn Investment Management Ltd., RMB Capital Management LLC, BlackRock Inc., Essex Investment Management Co. LLC, and State Street Corp. View insider buying and selling activity for Luna Innovations.

Which institutional investors are buying Luna Innovations stock?

LUNA stock was acquired by a variety of institutional investors in the last quarter, including THB Asset Management, Cadence Capital Management LLC, Russell Investments Group Ltd., Morgan Stanley, Calamos Advisors LLC, Trexquant Investment LP, EAM Global Investors LLC, and Jane Street Group LLC. 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 $6.15.

How big of a company is Luna Innovations?

Luna Innovations has a market capitalization of $187.50 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 196 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 5/26/2020 by MarketBeat.com Staff

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