Luna Innovations Incorporated develops, manufactures and markets fiber optic sensing and test, and measurement products. The Company is focused on bringing technology solutions to measure and monitor processes in the aerospace, automotive, energy, composite, telecommunications and defense industries. The Company operates in two business segments: Products and Licensing, and Technology Development. The Products and Licensing segment develops, manufactures and markets its suite of products, including high-speed optical receiver (HSOR), custom optoelectronic subsystems (Optoelectronics), and Terahertz (THz) products, and fiber optic sensing, as well as test and measurement products. The Technology Development segment performs applied research principally in the areas of sensing and instrumentation, advanced materials and health sciences. The Company's HSOR transmission products are deployed in the Internet communications equipment infrastructure for high-speed bandwidth.
Industry, Sector and Symbol:
- Sector: Business Services
- Industry: Advanced Medical Equipment & Technology
- Sub-Industry: N/A
- Symbol: NASDAQ:LUNA
- CUSIP: N/A
- Web: www.lunainc.com
- Market Cap: $47.99 million
- Outstanding Shares: 27,688,000
- 50 Day Moving Avg: $1.45
- 200 Day Moving Avg: $1.53
- 52 Week Range: $1.16 - $2.33
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: Infinity
- P/E Growth: 0.00
- Annual Revenue: $57.27 million
- Price / Sales: 0.82
- Book Value: $1.22 per share
- Price / Book: 1.39
- EBIDTA: $2.29 million
- Net Margins: -3.00%
- Return on Equity: -5.00%
- Return on Assets: -3.24%
- Debt-to-Equity Ratio: 0.05%
- Current Ratio: 2.29%
- Quick Ratio: 1.66%
- Average Volume: 144,598 shs.
- Beta: 1.28
- Short Ratio: 1.13
Frequently Asked Questions for Luna Innovations Incorporated (NASDAQ:LUNA)
What is Luna Innovations Incorporated's stock symbol?
Luna Innovations Incorporated trades on the NASDAQ under the ticker symbol "LUNA."
How will Luna Innovations Incorporated's stock buyback program work?
Luna Innovations Incorporated announced that its Board of Directors has approved a share buyback program on Thursday, September 21st 2017, which allows the company to repurchase $2,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 4.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.
How were Luna Innovations Incorporated's earnings last quarter?
Luna Innovations Incorporated (NASDAQ:LUNA) posted its quarterly earnings data on Thursday, August, 10th. The company reported ($0.01) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.03) by $0.02. The firm earned $13.58 million during the quarter, compared to the consensus estimate of $14.20 million. Luna Innovations Incorporated had a negative net margin of 3.00% and a negative return on equity of 5.00%. View Luna Innovations Incorporated's Earnings History.
When will Luna Innovations Incorporated make its next earnings announcement?
Where is Luna Innovations Incorporated's stock going? Where will Luna Innovations Incorporated's stock price be in 2017?
1 brokers have issued twelve-month price targets for Luna Innovations Incorporated's shares. Their predictions range from $3.00 to $3.00. On average, they anticipate Luna Innovations Incorporated's share price to reach $3.00 in the next year. View Analyst Ratings for Luna Innovations Incorporated.
Who are some of Luna Innovations Incorporated's key competitors?
Some companies that are related to Luna Innovations Incorporated include Edap Tms S.A. (EDAP), Fulgent Genetic (FLGT), Presbia PLC (LENS), Digirad Corporation (DRAD), Electromed (ELMD), Biolase (BIOL), Invivo Therapeutics Holdings Corp (NVIV), EnteroMedics (ETRM), Advanced Oncotherapy PLC (AVO), Xtant Medical Holdings (XTNT), Dextera Surgical (DXTR), Dynatronics Corporation (DYNT), PhotoMedex (PHMD), Alliance HealthCare Services (AIQ), BIOLASE (BLTI), Cynosure (CYNO), Derma Sciences (DSCI) and Hansen Medical (HNSN).
Who are Luna Innovations Incorporated's key executives?
Luna Innovations Incorporated's management team includes the folowing people:
- Richard W. Roedel CPA, Independent Chairman of the Board
- My E. Chung, President, Chief Executive Officer, Director
- Dale E. Messick CPA, Chief Financial Officer
- Talfourd H. Kemper Jr., Vice President, General Counsel, Secretary
- Scott A. Graeff, Chief Strategy Officer, Treasurer
- N. Leigh Anderson Ph.D., Director
- Donald C Pastor, Director
- Warren B. Phelps III, Director
- Gary J. Spiegel, Director
- John B. Williamson III., Independent Director
Who owns Luna Innovations Incorporated stock?
Luna Innovations Incorporated's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include
LEVITICUS PARTNERS L P
(4.89%), Vanguard Group Inc. (1.73%), Thompson Davis & CO. Inc. (0.55%) and California Public Employees Retirement System (0.31%). Company insiders that own Luna Innovations Incorporated stock include Dale E Messick, Donald Pastor, Health System Carilion, Michael W Wise and Richard Roedel. View Institutional Ownership Trends for Luna Innovations Incorporated.
Who sold Luna Innovations Incorporated stock? Who is selling Luna Innovations Incorporated stock?
Who bought Luna Innovations Incorporated stock? Who is buying Luna Innovations Incorporated stock?
Luna Innovations Incorporated's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc.. Company insiders that have bought Luna Innovations Incorporated stock in the last two years include Dale E Messick, Donald Pastor, Michael W Wise and Richard Roedel. View Insider Buying and Selling for Luna Innovations Incorporated.
How do I buy Luna Innovations Incorporated stock?
Shares of Luna Innovations Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Luna Innovations Incorporated's stock price today?
MarketBeat Community Rating for Luna Innovations Incorporated (NASDAQ LUNA)MarketBeat's community ratings are surveys of what our community members think about Luna Innovations Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Luna Innovations Incorporated stock can currently be purchased for approximately $1.70.
Consensus Ratings for Luna Innovations Incorporated (NASDAQ:LUNA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$3.00 (76.47% upside)|
Analysts' Ratings History for Luna Innovations Incorporated (NASDAQ:LUNA)
(Data available from 9/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/14/2017||Northland Securities||Set Price Target||Buy||$3.00||High|
Earnings History for Luna Innovations Incorporated (NASDAQ:LUNA)Earnings History by Quarter for Luna Innovations Incorporated (NASDAQ LUNA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/10/2017||Q2 2017||($0.03)||($0.01)||$14.20 million||$13.58 million||View||N/A|
|5/11/2017||Q1 2017||($0.01)||($0.05)||$13.50 million||$13.12 million||View||N/A|
|3/16/2017||Q4 2016||$0.01||$15.10 million||$15.96 million||View||N/A|
|11/9/2016||Q3 2016||($0.01)||($0.02)||$14.70 million||$14.62 million||View||Listen|
|8/9/2016||Q2||($0.01)||($0.03)||$15.00 million||$14.65 million||View||Listen|
|5/10/2016||Q1||($0.01)||($0.05)||$14.00 million||$13.99 million||View||Listen|
|3/22/2016||Q4||($0.01)||($0.02)||$13.50 million||$15.45 million||View||Listen|
|11/10/2015||Q315||($0.04)||($0.03)||$40.90 million||$13.20 million||View||Listen|
|8/11/2015||Q215||($0.10)||$5.23 million||$10.00 million||View||Listen|
|3/13/2014||Q4||($0.14)||$6.10 million||$5.90 million||View||Listen|
|11/7/2013||Q313||($0.04)||$6.80 million||$5.70 million||View||Listen|
|8/6/2013||Q2 2013||($0.07)||$6.70 million||$6.00 million||View||Listen|
Earnings Estimates for Luna Innovations Incorporated (NASDAQ:LUNA)
Current Year EPS Consensus Estimate: $-0.04 EPS
Dividend History for Luna Innovations Incorporated (NASDAQ:LUNA)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Luna Innovations Incorporated (NASDAQ:LUNA)
Insider Ownership Percentage: 13.00%Insider Trades by Quarter for Luna Innovations Incorporated (NASDAQ:LUNA)
Institutional Ownership Percentage: 9.97%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|1/30/2017||Health System Carilion||Major Shareholder||Sell||84,566||$1.99||$168,286.34|| |
|8/17/2016||Michael W Wise||Director||Buy||20,000||$1.11||$22,200.00|| |
|8/15/2016||Richard Roedel||Director||Buy||78,373||$1.23||$96,398.79|| |
|6/15/2016||Richard Roedel||Director||Buy||39,200||$1.18||$46,256.00|| |
|6/14/2016||Donald Pastor||Director||Buy||7,200||$1.19||$8,568.00|| |
|5/16/2016||Dale E Messick||CFO||Buy||3,000||$1.06||$3,180.00|| |
|1/24/2014||Kent A Murphy||Major Shareholder||Sell||1,461,663||$1.82||$2,660,226.66|| |
Headline Trends for Luna Innovations Incorporated (NASDAQ:LUNA)
Latest Headlines for Luna Innovations Incorporated (NASDAQ:LUNA)
|BRIEF-Luna Innovations announces stock repurchase program|
www.reuters.com - September 22 at 10:42 AM
|Luna Innovations Incorporated Announces Stock Repurchase Program|
finance.yahoo.com - September 21 at 4:35 PM
|Stock Repurchase Program Authorized by Luna Innovations (LUNA) |
www.americanbankingnews.com - September 21 at 11:12 AM
|ETFs with exposure to Luna Innovations, Inc. : September 19, 2017|
finance.yahoo.com - September 20 at 5:30 AM
|Reviewing Luna Innovations (LUNA) and Hansen Medical (HNSN)|
www.americanbankingnews.com - September 17 at 10:32 PM
|Analyzing Luna Innovations (LUNA) & Its Competitors|
www.americanbankingnews.com - September 16 at 8:16 AM
|Luna Innovations (LUNA) vs. Fulgent Genetic (FLGT) Head to Head Contrast|
www.americanbankingnews.com - September 8 at 6:11 PM
|ETFs with exposure to Luna Innovations, Inc. : September 6, 2017|
finance.yahoo.com - September 6 at 2:21 AM
|Luna Innovations, Inc. :LUNA-US: Earnings Analysis: Q2, 2017 By the Numbers : August 31, 2017|
finance.yahoo.com - September 1 at 3:09 AM
|B. Riley & Co. Acts as Sell-Side Advisor to Luna Innovations Incorporated in the Sale of its High-Speed Optical Receivers Technology to MACOM Technology Solutions Holdings, Inc.|
finance.yahoo.com - August 22 at 8:44 PM
|Luna Innovations Incorporated (LUNA) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - August 16 at 10:56 PM
|Luna Innovations Incorporated (LUNA) Given a $3.00 Price Target by Northland Securities Analysts|
www.americanbankingnews.com - August 14 at 1:06 PM
|Luna Innovations Incorporated Reports Second Quarter and First Half of 2017 Financial Results|
finance.yahoo.com - August 11 at 6:16 AM
|Investor Network: Luna Innovations Incorporated to Host Earnings Call|
finance.yahoo.com - August 11 at 6:16 AM
|Luna Innovations Incorporated (NASDAQ:LUNA) Announces Earnings Results|
www.americanbankingnews.com - August 10 at 10:42 PM
|Luna Innovations (LUNA) Sells High-Speed Optical Receivers Technology|
www.streetinsider.com - August 10 at 3:43 AM
|BRIEF-Luna sells high-speed optical receivers technology for $33.5 mln|
www.businessinsider.com - August 10 at 3:43 AM
|Luna Announces Sale of High-Speed Optical Receivers Technology|
finance.yahoo.com - August 10 at 3:43 AM
|Luna Innovations Incorporated (NASDAQ:LUNA) Set to Announce Earnings on Thursday|
www.americanbankingnews.com - August 8 at 10:44 AM
|Luna Announces Second Quarter Financial Release Date of August 10, 2017|
finance.yahoo.com - August 7 at 4:00 PM
|Global Distributed Fiber Optic Sensor Market to Grow at a CAGR of 15% by 2023: Driven by the Escalation in Global Demand of Oil & Gas|
www.finanznachrichten.de - August 4 at 12:56 AM
|Luna Innovations Incorporated (NASDAQ:LUNA) Upgraded by Zacks Investment Research to Hold|
www.americanbankingnews.com - July 12 at 11:28 PM
|ETFs with exposure to Luna Innovations, Inc. : July 10, 2017|
finance.yahoo.com - July 11 at 12:56 AM
|Fall Prevention Innovation Challenge Winners Announced By AARP Services, Inc., UnitedHealthcare|
www.nasdaq.com - June 14 at 9:56 AM
|ETFs with exposure to Luna Innovations, Inc. : June 9, 2017|
finance.yahoo.com - June 9 at 6:34 PM
|Form 4 LUNA INNOVATIONS INC For: May 24 Filed by: PHELPS BARRY|
www.streetinsider.com - May 27 at 6:44 PM
|ETFs with exposure to Luna Innovations, Inc. : May 26, 2017|
finance.yahoo.com - May 26 at 7:12 PM
|Luna Innovations, Inc. :LUNA-US: Earnings Analysis: Q1, 2017 By the Numbers : May 25, 2017|
finance.yahoo.com - May 26 at 3:31 AM
|Luna Innovations Incorporated (LUNA) Downgraded by Zacks Investment Research to Strong Sell|
www.americanbankingnews.com - May 19 at 12:46 AM
|Luna Innovations' (LUNA) CEO My Chung on Q1 2017 Results - Earnings Call Transcript|
seekingalpha.com - May 12 at 7:01 PM
|Luna Innovations Incorporated (LUNA) Posts Quarterly Earnings Results, Misses Estimates By $0.04 EPS|
www.americanbankingnews.com - May 12 at 2:46 PM
|BRIEF-Luna Innovations quarterly revenue $13.1 mln vs. $14 mln|
www.reuters.com - May 11 at 6:54 PM
|Luna Innovations Incorporated Reports First Quarter 2017 Financial Results|
finance.yahoo.com - May 11 at 6:54 PM
|Luna Innovations (LUNA) Earning Positive Press Coverage, AlphaOne Reports|
www.americanbankingnews.com - May 4 at 1:46 PM
|Positive Press Coverage Extremely Likely to Impact Luna Innovations (LUNA) Stock Price|
www.americanbankingnews.com - April 30 at 10:00 AM
|ETFs with exposure to Luna Innovations, Inc. : April 19, 2017|
finance.yahoo.com - April 19 at 6:29 PM
|Somewhat Positive Media Coverage Likely to Impact Luna Innovations (LUNA) Stock Price|
www.americanbankingnews.com - April 19 at 12:59 PM
|Somewhat Favorable News Coverage Extremely Likely to Impact Luna Innovations (LUNA) Share Price|
www.americanbankingnews.com - April 15 at 10:29 AM
|Edited Transcript of LUNA earnings conference call or presentation 16-Mar-17 9:00pm GMT|
finance.yahoo.com - March 22 at 6:31 PM
|LUNA INNOVATIONS INC Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 21 at 11:56 AM
|BRIEF-Luna Innovations qtrly EPS $0.01|
www.reuters.com - March 16 at 7:08 PM
|LUNA INNOVATIONS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi|
biz.yahoo.com - March 16 at 7:08 PM
|Picometrix® Division of Luna Continues 100G Telecom Success|
au.finance.yahoo.com - March 13 at 6:07 PM
|Luna Announces Fourth Quarter 2016 and Year-End Financial Release Date of March 16, 2017|
finance.yahoo.com - March 9 at 6:11 PM
|LUNA INNOVATIONS INC Files SEC form 8-K, Change in Directors or Principal Officers|
biz.yahoo.com - February 27 at 6:13 PM
|Distributed Fiber Optic Sensor Market by Operating Principle, Fiber Type, Scattering Process, Application, …|
finance.yahoo.com - February 24 at 9:41 AM
|Distributed Fiber Optic Sensor Market Worth 1,712.3 Million USD by 2022|
www.marketwatch.com - February 17 at 7:12 PM
|NACD Opens Call for Nominations for 2017 NACD Directorship 100|
globenewswire.com - February 13 at 10:34 AM
|BRIEF-Leviticus Partners reports 6.17 pct passive stake in Luna Innovations - SEC filing|
www.reuters.com - February 1 at 5:17 AM
|Luna to Present at the 9th Annual LD Micro Main Event|
finance.yahoo.com - November 29 at 3:01 PM
Luna Innovations Incorporated (LUNA) Chart for Monday, September, 25, 2017