NASDAQ:LUNA

Luna Innovations (LUNA) Stock Price, News & Analysis

$2.05
-0.17 (-7.66%)
(As of 04/24/2024 ET)
Today's Range
$2.05
$2.25
50-Day Range
$2.05
$7.58
52-Week Range
$2.05
$10.70
Volume
504,675 shs
Average Volume
583,536 shs
Market Capitalization
$69.62 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.00

Luna Innovations MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
387.8% Upside
$10.00 Price Target
Short Interest
Bearish
6.65% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.02mentions of Luna Innovations in the last 14 days
Based on 14 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.

2.57 out of 5 stars

Business Services Sector

172nd out of 307 stocks

Commercial Physical Research Industry

8th out of 12 stocks

LUNA stock logo

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

LUNA Stock News Headlines

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Luna Innovations Incorporated (LUNA)
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Company Calendar

Last Earnings
8/10/2023
Today
4/25/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Commercial physical research
Sub-Industry
N/A
Current Symbol
NASDAQ:LUNA
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
+387.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$9.28 million
Pretax Margin
-1.32%

Debt

Sales & Book Value

Annual Sales
$109.50 million
Cash Flow
$0.25 per share
Book Value
$2.83 per share

Miscellaneous

Free Float
31,378,000
Market Cap
$69.62 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

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 brokerages have issued twelve-month target prices for Luna Innovations' shares. Their LUNA share price targets range from $8.00 to $12.50. On average, they anticipate the company's share price to reach $10.00 in the next year. This suggests a possible upside of 387.8% 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 on January 1st, 2024. Since then, LUNA shares have decreased by 69.2% and is now trading at $2.05.
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 analysts' consensus estimates of $0.04 by $0.03. The scientific and technical instruments company had revenue of $29.16 million for 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 quarter 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 retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (5.96%) and Rice Hall James & Associates LLC (0.15%).
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 4/25/2024 by MarketBeat.com Staff

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