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 analysts have issued twelve-month price targets for Luna Innovations' stock. 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 261.0% 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 the year. Since then, LUNA shares have decreased by 58.3% and is now trading at $2.77. 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 results on Thursday, August, 10th. The scientific and technical instruments company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. The scientific and technical instruments company earned $29.16 million during the quarter, compared to analyst estimates 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 prior year, the firm 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 shareholders 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 .

NASDAQ:LUNA

Luna Innovations (LUNA) Stock Price, News & Analysis

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Free LUNA Stock Alerts

$2.77

-0.03 (-1.07%)

(As of 04/19/2024 ET)

Compare

Today's Range: $2.40
▼
$2.80
50-Day Range: $2.42
▼
$7.84
52-Week Range: $2.36
▼
$10.70

Volume: 1.14 million shs
Average Volume: 553,329 shs
Market Capitalization: $94.07 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.00

Get Luna Innovations alerts:

Luna Innovations MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 261.0% Upside
$10.00 Price Target
Short Interest: Bearish
6.65% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.07
Based on 22 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 62.50%
From $0.16 to $0.26 Per Share

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.

2.53 out of 5 stars

Business Services Sector

184th out of 304 stocks

Commercial Physical Research Industry

7th out of 12 stocks

3.4

Analyst's Opinion

Consensus Rating
Luna 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 Coverage
Luna Innovations has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.65% of the outstanding shares of Luna Innovations have been sold short.
Short Interest Ratio / Days to Cover
Luna Innovations has a short interest ratio ("days to cover") of 6.7.
Change versus previous month
Short interest in Luna Innovations has recently increased by 9.18%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Luna Innovations does not currently pay a dividend.
Dividend Growth
Luna Innovations does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LUNA.

1.7

News and Social Media Coverage

News Sentiment
Luna Innovations has a news sentiment score of 0.07. 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 0.49 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 22 news articles for Luna Innovations this week, compared to 7 articles on an average week.
Search Interest
Only 6 people have searched for LUNA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Luna Innovations to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Luna Innovations insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.60% of the stock of Luna Innovations is held by insiders.
Percentage Held by Institutions
87.46% of the stock of Luna Innovations is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings 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 Market
The P/E ratio of Luna Innovations is -34.63, 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. Sector
The P/E ratio of Luna Innovations is -34.63, 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 Ratio
Luna Innovations has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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.

LUNA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LUNA Stock News Headlines

April 20, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Luna Innovations Incorporated - LUNA

April 19, 2024 | markets.businessinsider.com

Luna Innovations (LUNA) in Freefall Again: Admits to More Accounting Errors Forcing Larger Restatement - Hagens Berman

April 20, 2024 | WealthPress (Ad)

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April 19, 2024 | prnewswire.com

LUNA Investors Have Opportunity to Lead Luna Innovations Incorporated Securities Fraud Lawsuit

April 19, 2024 | businesswire.com

Luna Innovations Announces Restatement of Financial Statements

April 19, 2024 | prnewswire.com

The Gross Law Firm Notifies Shareholders of Luna Innovations Incorporated(LUNA) of a Class Action Lawsuit and an Upcoming Deadline

April 19, 2024 | americanbankingnews.com

Luna Innovations (NASDAQ:LUNA) Share Price Passes Below Two Hundred Day Moving Average of $5.93

April 18, 2024 | markets.businessinsider.com

LUNA INNOVATIONS (LUNA) INVESTOR ALERT: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action

April 20, 2024 | WealthPress (Ad)

Chances are you know the firms on this list

April 17, 2024 | barrons.com

Panerai’s New Fleet of Luna Rossa Submersible Watches Sets Sail for 37th America’s Cup

April 17, 2024 | markets.businessinsider.com

Luna Innovations (LUNA) at Risk of Nasdaq Delisting due to Failure to File Financial Reports- Hagens Berman

April 16, 2024 | msn.com

B&B Spoilers: Poppy Tries to Console Heartbroken Luna

April 16, 2024 | msn.com

Anna Paulina Luna again raises less than a Democratic opponent

April 16, 2024 | finance.yahoo.com

Luna Innovations Incorporated (LUNA)

April 16, 2024 | prnewswire.com

LUNA Investors Have Opportunity to Lead Luna Innovations Incorporated Securities Fraud Lawsuit

April 16, 2024 | msn.com

Is Amazon Luna the Next Revolution in the Cloud Gaming Industry?

April 16, 2024 | prnewswire.com

The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Luna Innovations Incorporated (LUNA) Shareholders

April 15, 2024 | msn.com

The Luna and Zende Secret Is Out on B&B and Carter is the Voice of Reason

April 15, 2024 | msn.com

B&B Spoilers: RJ Socks Zende for Sleeping with Luna

April 15, 2024 | forbes.com

Jeff Luna

April 15, 2024 | markets.businessinsider.com

LUNA CLASS ACTION NOTICE: Berger Montague Encourages Luna Innovations (LUNA) Investors to Inquire About a Securities Fraud Class Action

April 15, 2024 | prnewswire.com

Levi & Korsinsky Notifies Shareholders of Luna Innovations Incorporated (LUNA) of a Class Action Lawsuit and an Upcoming Deadline

April 14, 2024 | prnewswire.com

ROSEN, 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 - LUNA

April 14, 2024 | markets.businessinsider.com

DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Luna

April 13, 2024 | prnewswire.com

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Luna

April 12, 2024 | yahoo.com

B&B Spoilers: RJ Learns the Truth About Luna and Zende

April 12, 2024 | msn.com

Dining Out For Life: Luna and the Bear

See More Headlines

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Company Calendar

Last Earnings: 8/10/2023
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Commercial physical research
Sub-Industry: N/A
Current Symbol: NASDAQ:LUNA
CUSIP: N/A
CIK: 1239819
Web: www.lunainc.com
Phone: (540) 769-8400
Fax: 540-769-8401
Employees: 337
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $10.00
High Stock Price Target: $12.50
Low Stock Price Target: $8.00
Potential Upside/Downside: +261.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.08)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 17.31
P/E Growth: N/A
Net Income: $9.28 million
Net Margins: -1.82%
Pretax Margin: -1.32%
Return on Equity: 3.61%
Return on Assets: 2.18%

Debt

Debt-to-Equity Ratio: 0.31
Current Ratio: 2.86
Quick Ratio: 1.62

Sales & Book Value

Annual Sales: $109.50 million
Price / Sales: 0.86
Cash Flow: $0.28 per share
Price / Cash Flow: 10.02
Book Value: $2.83 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 33,960,000
Free Float: 31,378,000
Market Cap: $94.07 million
Optionable: Optionable
Beta: 1.31

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Key Executives

Dr. Brian J. Soller Ph.D. (Age 51)
Chief Technology Officer & Executive VP of Corporate Development
Comp: $415.75k
Mr. Eugene J. Nestro (Age 58)
Executive Officer
Comp: $484.69k
Mr. George Gomez-Quintero (Age 57)
Chief Financial Officer
Ms. Allison L. Woody
Senior Director of Administration
Mr. Ryan H. Stewart
Senior VP, General Counsel & Corporate Secretary
Ms. Eva Hartmann
Senior Vice President of Human Resources
Mr. Thomas Oldemeyer (Age 59)
Senior VP & MD of EMEA
Mr. Andy Brown
VP & Corporate Controller

Key Competitors

View All Competitors

Institutional Ownership

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 analysts have issued twelve-month price targets for Luna Innovations' stock. 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 261.0% 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 the year. Since then, LUNA shares have decreased by 58.3% and is now trading at $2.77.
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 results on Thursday, August, 10th. The scientific and technical instruments company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. The scientific and technical instruments company earned $29.16 million during the quarter, compared to analyst estimates 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 prior year, the firm 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 shareholders 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.

This page (NASDAQ:LUNA) was last updated on 4/20/2024 by MarketBeat.com Staff

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Luna Innovations (LUNA) Stock Price, News & Analysis

Luna Innovations MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Luna Innovations Stock (NASDAQ:LUNA)

LUNA Stock Price History

LUNA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

LUNA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™