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

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$4.35 -0.05 (-1.14 %)
(As of 05/26/2019 08:08 AM ET)
Previous Close$4.35
Today's Range$4.30 - $4.49
52-Week Range$2.68 - $4.73
Volume110,561 shs
Average Volume87,966 shs
Market Capitalization$122.35 million
P/E Ratio108.75
Dividend YieldN/A
Beta0.67
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

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$0.0873 per share
Book Value$2.28 per share

Profitability

Net Income$11 million

Miscellaneous

Employees196
Market Cap$122.35 million
Next Earnings Date8/7/2019 (Estimated)
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 declared that its board has approved a share buyback plan on Thursday, September 21st 2017, which permits the company to repurchase $2,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 4.4% of its shares through open market purchases. Shares repurchase plans 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 results on Wednesday, May, 8th. The scientific and technical instruments company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.04. The scientific and technical instruments company earned $14.83 million during the quarter, compared to the consensus estimate of $12.80 million. Luna Innovations had a net margin of 22.56% and a return on equity of 5.52%. View Luna Innovations' Earnings History.

When is Luna Innovations' next earnings date?

Luna Innovations is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Luna Innovations.

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

Luna Innovations updated its FY 2019 earnings guidance on Monday, March, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $60-65 million, compared to the consensus revenue estimate of $49.08 million.

What price target have analysts set for LUNA?

3 equities research analysts have issued 1-year price objectives for Luna Innovations' stock. Their forecasts range from $4.00 to $5.00. On average, they anticipate Luna Innovations' stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price. 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 1 hold rating and 2 buy ratings 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 articles about LUNA stock have trended negative on Sunday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Luna Innovations earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave headlines about the scientific and technical instruments company a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an impact on the company's share price in the next few days.

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), Arcos Dorados (ARCO), Advanced Micro Devices (AMD), Novavax (NVAX), Arbutus Biopharma (ABUS), Achieve Life Sciences (ACHV), Arotech (ARTX), Athersys (ATHX) and Ceragon Networks (CRNT).

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 (4.48%), Dimensional Fund Advisors LP (2.09%), Janney Montgomery Scott LLC (1.61%), First Wilshire Securities Management Inc. (1.44%), Essex Investment Management Co. LLC (1.05%) and Morgan Stanley (0.70%). 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 O Shaughnessy Asset Management LLC, Alambic Investment Management L.P., Janney Montgomery Scott LLC, Essex Investment Management Co. LLC and First Wilshire Securities Management Inc.. View Insider Buying and Selling for Luna Innovations.

Which institutional investors are buying Luna Innovations stock?

LUNA stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Punch & Associates Investment Management Inc., Dimensional Fund Advisors LP, Morgan Stanley, BlueCrest Capital Management Ltd, Acadian Asset Management LLC, Charles Schwab Investment Management Inc. 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, Scottrade, Fidelity and Charles Schwab.

What is Luna Innovations' stock price today?

One share of LUNA stock can currently be purchased for approximately $4.35.

How big of a company is Luna Innovations?

Luna Innovations has a market capitalization of $122.35 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.

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:  140 (Vote Outperform)
Underperform Votes:  130 (Vote Underperform)
Total Votes:  270
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 5/26/2019 by MarketBeat.com Staff

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