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

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$3.42 +0.02 (+0.59 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$3.40
Today's Range$3.26 - $3.45
52-Week Range$2.03 - $4.32
Volume84,800 shs
Average Volume116,356 shs
Market Capitalization$97.22 million
P/E Ratio34.80
Dividend YieldN/A
Beta0.74
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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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Commercial physical research
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNASDAQ:LUNA
Previous Symbol
CUSIPN/A
Phone540-769-8400

Debt

Debt-to-Equity RatioN/A
Current Ratio5.98
Quick Ratio5.51

Price-To-Earnings

Trailing P/E Ratio34.80
Forward P/E Ratio48.86
P/E GrowthN/A

Sales & Book Value

Annual Sales$46.23 million
Price / Sales2.07
Cash Flow$0.0861 per share
Price / Cash39.70
Book Value$1.74 per share
Price / Book1.97

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$14.61 million
Net Margins20.93%
Return on Equity6.18%
Return on Assets4.89%

Miscellaneous

Employees198
Outstanding Shares27,940,000
Market Cap$97.22 million
OptionableNot Optionable

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 authorized a stock repurchase program on Thursday, September 21st 2017, which allows the company to buyback $2,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 4.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Luna Innovations' earnings last quarter?

Luna Innovations Incorporated (NASDAQ:LUNA) released its quarterly earnings data on Thursday, November, 15th. The scientific and technical instruments company reported $0.04 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.01 by $0.03. The scientific and technical instruments company had revenue of $10.69 million for the quarter, compared to analyst estimates of $9.90 million. Luna Innovations had a return on equity of 6.18% and a net margin of 20.93%. View Luna Innovations' Earnings History.

When is Luna Innovations' next earnings date?

Luna Innovations is scheduled to release their next quarterly earnings announcement on Tuesday, March 19th 2019. View Earnings Estimates for Luna Innovations.

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

Luna Innovations issued an update on its FY 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share guidance of $0.31-0.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.07. The company issued revenue guidance of $41.5-42 million, compared to the consensus revenue estimate of $47.9 million.Luna Innovations also updated its Q4 2018 guidance to $0.00-0.01 EPS.

What price target have analysts set for LUNA?

2 analysts have issued twelve-month price objectives for Luna Innovations' stock. Their predictions range from $4.00 to $4.00. On average, they expect Luna Innovations' stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Luna Innovations.

Has Luna Innovations been receiving favorable news coverage?

News headlines about LUNA stock have been trending very positive on Tuesday, InfoTrie reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news 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 daily sentiment score of 3.1 on InfoTrie's scale. They also gave media stories about the scientific and technical instruments company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the stock's share price in the immediate future.

Who are some of Luna Innovations' key competitors?

Who are Luna Innovations' key executives?

Luna Innovations' management team includes the folowing people:
  • Mr. Scott A. Graeff, Pres, CEO & Director (Age 51)
  • Mr. Dale E. Messick, Chief Financial Officer (Age 54)
  • Dr. Brian J. Soller, VP & GM of Lightwave Division (Age 45)
  • Mr. Jean-Pierre Maufras, Gen. Mang. of OptoSolutions
  • Dr. James T. Garrett Ph.D., VP of Technology Devel.

Who are Luna Innovations' major shareholders?

Luna Innovations' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (4.12%), Dimensional Fund Advisors LP (1.84%), Acadian Asset Management LLC (0.40%), Morgan Stanley (0.37%) and Hillsdale Investment Management Inc. (0.20%). Company insiders that own Luna Innovations stock include Clinic Carilion and Health System Carilion. 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 Hillsdale Investment Management Inc. and Acadian Asset Management LLC. View Insider Buying and Selling for Luna Innovations.

Which major investors are buying Luna Innovations stock?

LUNA stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Morgan Stanley and Renaissance Technologies LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Luna Innovations' stock price today?

One share of LUNA stock can currently be purchased for approximately $3.42.

How big of a company is Luna Innovations?

Luna Innovations has a market capitalization of $97.22 million and generates $46.23 million in revenue each year. Luna Innovations employs 198 workers across the globe.

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:  112 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  221
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 11/20/2018 by MarketBeat.com Staff

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