NASDAQ:LUNA Luna Innovations (LUNA) Stock Price, News & Analysis → New crypto project uncovers 2,050% in 65 days (From InvestorPlace) (Ad) Free LUNA Stock Alerts $2.80 +0.04 (+1.45%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$2.73▼$2.9250-Day Range$2.42▼$7.8452-Week Range$2.36▼$10.70Volume622,335 shsAverage Volume359,440 shsMarket Capitalization$95.09 millionP/E RatioN/ADividend YieldN/APrice Target$10.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Luna Innovations alerts: Email Address Luna Innovations MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside257.1% Upside$10.00 Price TargetShort InterestBearish6.65% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.05Based on 24 Articles This WeekInsider TradingN/AProj. Earnings Growth62.50%From $0.16 to $0.26 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.48 out of 5 starsBusiness Services Sector175th out of 293 stocksCommercial Physical Research Industry8th out of 11 stocks 3.4 Analyst's Opinion Consensus RatingLuna Innovations has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageLuna Innovations has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.65% of the outstanding shares of Luna Innovations have been sold short.Short Interest Ratio / Days to CoverLuna Innovations has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Luna Innovations has recently increased by 9.18%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldLuna Innovations does not currently pay a dividend.Dividend GrowthLuna Innovations does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LUNA. Previous Next 1.7 News and Social Media Coverage News SentimentLuna Innovations has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 24 news articles for Luna Innovations this week, compared to 7 articles on an average week.Search InterestOnly 7 people have searched for LUNA on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Luna Innovations to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Luna Innovations insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.60% of the stock of Luna Innovations is held by insiders.Percentage Held by Institutions87.46% of the stock of Luna Innovations is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Luna Innovations are expected to grow by 62.50% in the coming year, from $0.16 to $0.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Luna Innovations is -35.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Luna Innovations is -35.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioLuna Innovations has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceNew crypto project uncovers 2,050% in 65 daysDuring the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.Just click here to sign up and be among the first to get it. About Luna Innovations Stock (NASDAQ:LUNA)Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide. The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency lasers. It also provides ODiSI sensing solution, which provides distributed strain and temperature measurements; distributed temperature sensing system; hyperion sensing products; Terahertz Sensing Systems that provide precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements; and distributed acoustic sensing products. The company primarily markets its fiber optic test, measurement, and control 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 incorporated in 1990 and is headquartered in Roanoke, Virginia.Read More LUNA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LUNA Stock News HeadlinesApril 18, 2024 | markets.businessinsider.comLUNA INNOVATIONS (LUNA) INVESTOR ALERT: Berger Montague Advises Investors to Inquire About a Securities Fraud Class ActionApril 17, 2024 | barrons.comPanerai’s New Fleet of Luna Rossa Submersible Watches Sets Sail for 37th America’s CupApril 19, 2024 | InvestorPlace (Ad)New crypto project uncovers 2,050% in 65 daysDuring the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.April 17, 2024 | markets.businessinsider.comLuna Innovations (LUNA) at Risk of Nasdaq Delisting due to Failure to File Financial Reports- Hagens BermanApril 16, 2024 | msn.comB&B Spoilers: Poppy Tries to Console Heartbroken LunaApril 16, 2024 | msn.comAnna Paulina Luna again raises less than a Democratic opponentApril 16, 2024 | finance.yahoo.comLuna Innovations Incorporated (LUNA)April 16, 2024 | prnewswire.comLUNA Investors Have Opportunity to Lead Luna Innovations Incorporated Securities Fraud LawsuitApril 19, 2024 | InvestorPlace (Ad)New crypto project uncovers 2,050% in 65 daysDuring the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.April 16, 2024 | msn.comIs Amazon Luna the Next Revolution in the Cloud Gaming Industry?April 16, 2024 | prnewswire.comThe Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Luna Innovations Incorporated (LUNA) ShareholdersApril 15, 2024 | msn.comThe Luna and Zende Secret Is Out on B&B and Carter is the Voice of ReasonApril 15, 2024 | msn.comB&B Spoilers: RJ Socks Zende for Sleeping with LunaApril 15, 2024 | forbes.comJeff LunaApril 15, 2024 | markets.businessinsider.comLUNA CLASS ACTION NOTICE: Berger Montague Encourages Luna Innovations (LUNA) Investors to Inquire About a Securities Fraud Class ActionApril 15, 2024 | prnewswire.comLevi & Korsinsky Notifies Shareholders of Luna Innovations Incorporated (LUNA) of a Class Action Lawsuit and an Upcoming DeadlineApril 14, 2024 | prnewswire.comROSEN, A TOP RANKED LAW FIRM, Encourages Luna Innovations Incorporated Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - LUNAApril 14, 2024 | markets.businessinsider.comDEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of LunaApril 13, 2024 | prnewswire.comINVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of LunaApril 12, 2024 | yahoo.comB&B Spoilers: RJ Learns the Truth About Luna and ZendeApril 12, 2024 | msn.comDining Out For Life: Luna and the BearApril 12, 2024 | markets.businessinsider.comSHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Luna Innovations Incorporated with Losses to Contact the FirmApril 12, 2024 | prnewswire.comLUNA Investors Have Opportunity to Lead Luna Innovations Incorporated Securities Fraud LawsuitApril 12, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Luna Innovations Incorporated - LUNAApril 12, 2024 | msn.comBPD: Lockdown at Harmony School of Innovation liftedApril 12, 2024 | stockhouse.comSHAREHOLDER ALERT: Berger Montague Reminds Luna Innovations (LUNA) Investors of Class Action Lawsuit DeadlineApril 11, 2024 | msn.comPrime members can play Fallout 3 and New Vegas on Luna for the next six monthsSee More Headlines Receive LUNA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Luna Innovations and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/10/2023Today4/18/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Commercial physical research Sub-IndustryN/A Current SymbolNASDAQ:LUNA CUSIPN/A CIK1239819 Webwww.lunainc.com Phone(540) 769-8400Fax540-769-8401Employees337Year FoundedN/APrice Target and Rating Average Stock Price Target$10.00 High Stock Price Target$12.50 Low Stock Price Target$8.00 Potential Upside/Downside+257.1%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.08) Trailing P/E RatioN/A Forward P/E Ratio17.50 P/E GrowthN/ANet Income$9.28 million Net Margins-1.82% Pretax Margin-1.32% Return on Equity3.61% Return on Assets2.18% Debt Debt-to-Equity Ratio0.31 Current Ratio2.86 Quick Ratio1.62 Sales & Book Value Annual Sales$109.50 million Price / Sales0.87 Cash Flow$0.29 per share Price / Cash Flow9.58 Book Value$2.83 per share Price / Book0.99Miscellaneous Outstanding Shares33,960,000Free Float31,378,000Market Cap$95.09 million OptionableOptionable Beta1.31 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesDr. Brian J. Soller Ph.D. (Age 51)Chief Technology Officer & Executive VP of Corporate Development Comp: $415.75kMr. Eugene J. Nestro (Age 58)Executive Officer Comp: $484.69kMr. George Gomez-Quintero (Age 57)Chief Financial Officer Ms. Allison L. WoodySenior Director of AdministrationMr. Ryan H. StewartSenior VP, General Counsel & Corporate SecretaryMs. Eva HartmannSenior Vice President of Human ResourcesMr. Thomas Oldemeyer (Age 59)Senior VP & MD of EMEA Mr. Andy BrownVP & Corporate ControllerMore ExecutivesKey CompetitorsSKYX PlatformsNASDAQ:SKYXArqit QuantumNASDAQ:ARQQZenviaNASDAQ:ZENVDomaNYSE:DOMADHC AcquisitionNASDAQ:DHCAView All CompetitorsInstitutional OwnershipWasatch Advisors LPBought 763,165 shares on 4/18/2024Ownership: 5.958%Vanguard Group Inc.Bought 187,366 shares on 3/11/2024Ownership: 5.389%Goldman Sachs Group Inc.Bought 9,548 shares on 3/1/2024Ownership: 0.066%Perritt Capital Management Inc.Sold 6,000 shares on 2/15/2024Ownership: 0.175%Citadel Advisors LLCSold 800 shares on 2/15/2024Ownership: 0.000%View All Institutional Transactions LUNA Stock Analysis - Frequently Asked Questions Should I buy or sell Luna Innovations stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luna Innovations in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LUNA shares. View LUNA analyst ratings or view top-rated stocks. What is Luna Innovations' stock price target for 2024? 4 Wall Street research analysts have issued 12-month price targets for Luna Innovations' shares. Their LUNA share price targets range from $8.00 to $12.50. On average, they predict the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 257.1% from the stock's current price. View analysts price targets for LUNA or view top-rated stocks among Wall Street analysts. How have LUNA shares performed in 2024? Luna Innovations' stock was trading at $6.65 at the beginning of 2024. Since then, LUNA stock has decreased by 57.9% and is now trading at $2.80. View the best growth stocks for 2024 here. When is Luna Innovations' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our LUNA earnings forecast. How were Luna Innovations' earnings last quarter? Luna Innovations Incorporated (NASDAQ:LUNA) posted its quarterly earnings data on Thursday, August, 10th. The scientific and technical instruments company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by $0.03. The scientific and technical instruments company earned $29.16 million during the quarter, compared to analysts' expectations of $29.76 million. Luna Innovations had a positive trailing twelve-month return on equity of 3.61% and a negative net margin of 1.82%. During the same period in the previous year, the company earned ($0.04) earnings per share. What is Scott A. Graeff's approval rating as Luna Innovations' CEO? 4 employees have rated Luna Innovations Chief Executive Officer Scott A. Graeff on Glassdoor.com. Scott A. Graeff has an approval rating of 73% among the company's employees. 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), Inovio Pharmaceuticals (INO), Novavax (NVAX), NVIDIA (NVDA), Enphase Energy (ENPH), Nokia Oyj (NOK), Pfizer (PFE) and AbbVie (ABBV). Who are Luna Innovations' major shareholders? Luna Innovations' stock is owned by a number of institutional and retail investors. Top institutional investors include Wasatch Advisors LP (5.96%). View institutional ownership trends. How do I buy shares of Luna Innovations? Shares of LUNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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