Luna Innovations Incorporated (LUNA)

NASDAQ: LUNA · IEX Real-Time Price · USD
5.39
-0.24 (-4.26%)
At close: May 20, 2022 4:00 PM
5.40
0.01 (0.19%)
After-hours:May 20, 2022 7:01 PM EDT
Market Cap174.77M
Revenue (ttm)94.97M
Net Income (ttm)11.28M
Shares Out32.42M
EPS (ttm)0.35
PE Ratio15.23
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume218,957
Open5.78
Previous Close5.63
Day's Range5.27 - 5.81
52-Week Range4.97 - 12.99
Beta1.27
AnalystsBuy
Price Target10.20 (+89.2%)
Earnings DateMay 16, 2022

About LUNA

Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products worldwide. The company offers optical test and measurement products, which include optical vector analyzer, optical backscatter reflectometers, and the Phoenix family of tunable lasers; and Hyperion sensing solution that enables full-spectrum data acquisition and flexible peak detect algorithms of fiber-bragg gratings (FBGs), long period FBGs, and fabry-perot sensors with low-latency access to data for closed loop feedback appli...

IndustryElectronic Equipment, Instruments & Components
IPO DateJun 2, 2006
Employees385
Stock ExchangeNASDAQ
Ticker SymbolLUNA
Full Company Profile

Financial Performance

In 2021, LUNA's revenue was $87.51 million, an increase of 48.04% compared to the previous year's $59.12 million. Earnings were $1.38 million, a decrease of -58.01%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for LUNA stock is "Buy." The 12-month stock price forecast is 10.2, which is an increase of 89.24% from the latest price.

Price Target
$10.2
(89.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Luna Innovations Incorporated (LUNA) Q1 Earnings and Revenues Top Estimates

Luna Innovations Incorporated (LUNA) delivered earnings and revenue surprises of 600% and 6.87%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 days ago - Zacks Investment Research

Why Luna Innovations Shares Are Gaining Today

Luna Innovations Inc (NASDAQ: LUNA) reported first-quarter FY22 revenue growth of 7% year-on-year to $22.5 million, beating the consensus of $21.2 million. Margins: The gross margin expanded 600 bps to ...

5 days ago - Benzinga

Luna Innovations Reports First-Quarter 2022 Results

ROANOKE, Va.--(BUSINESS WIRE)--Luna reports its financial results for the first quarter 2022 and reaffirms its annual outlook.

5 days ago - Business Wire

Luna Secures Follow-on Order with Lockheed Martin

ROANOKE, Va.--(BUSINESS WIRE)--Luna announces a significant multi-unit purchase order for the F-35 program, strengthening its relationship with Lockheed Martin.

2 weeks ago - Business Wire

Luna Announces First-Quarter 2022 Financial Release Date of May 16, 2022

ROANOKE, VA, April 28, 2022 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its first-quarter financial results for the period ended March 31, 2022, befor...

3 weeks ago - GlobeNewsWire

Luna Innovations Earns Top Award from BAE

ROANOKE, Va.--(BUSINESS WIRE)-- #supplieraward--BAE Systems rewards Luna Innovations with the Gold Tier Supplier Award for exceptional performance and contributions to supply chain success.

1 month ago - Business Wire

Luna Innovations Incorporated (LUNA) Tops Q4 Earnings and Revenue Estimates

Luna Innovations Incorporated (LUNA) delivered earnings and revenue surprises of 60% and 4.69%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the st...

2 months ago - Zacks Investment Research

Why Are Luna Innovations Shares Trading Higher Today

Luna Innovations Inc (NASDAQ: LUNA) reported fourth-quarter FY21 revenue growth of 26% year-on-year to $24.2 million, beating the consensus of $23.7 million. The gross margin contracted 300 bps to 58%, ...

2 months ago - Benzinga

Luna Innovations Reports Fourth-Quarter and Full-Year 2021 Results

ROANOKE, Va.--(BUSINESS WIRE)-- #2022outlook--Luna releases its fourth-quarter and year-end 2021 financial results and provides 2022 outlook.

2 months ago - Business Wire

Luna Innovations Acquires LIOS Sensing

ROANOKE, Va.--(BUSINESS WIRE)-- #Acquisition--Luna announces it has acquired LIOS Sensing, a market-leader in temperature and strain sensing, strengthening its fiber optic offerings.

2 months ago - Business Wire

Luna Announces Sale of Luna Labs

ROANOKE, Va.--(BUSINESS WIRE)-- #Luna--Luna is now a pure-play fiber optic-based technology company after completing divestiture of Luna Labs.

2 months ago - Business Wire

Luna Announces Fourth-Quarter and Full-Year 2021 Financial Release Date of March 14, 2022

Roanoke, VA, March 07, 2022 (GLOBE NEWSWIRE) -- Lu na Announces Fourth - Quarter and Full-Year 2 02 1 Financial Release Date o f March 14 , 20 2 2

2 months ago - GlobeNewsWire

Luna Innovations to Present at Needham Virtual Growth Conference

ROANOKE, Va.--(BUSINESS WIRE)-- #Luna--Luna to present at the 24th Annual Needham Virtual Growth Conference on Friday, January 14, 2022 at 9:15 a.m. ET.

4 months ago - Business Wire

Luna Delivers Large Infrastructure Monitoring Projects Leveraging New Sensing Capabilities

ROANOKE, Va.--(BUSINESS WIRE)-- #Luna--Luna announces its fiber optic sensing solutions are being used in the mining industry to monitor tailings dam structures.

4 months ago - Business Wire

Luna Innovations Incorporated (LUNA) Misses Q3 Earnings and Revenue Estimates

Luna Innovations Incorporated (LUNA) delivered earnings and revenue surprises of -57.14% and -33.56%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for...

6 months ago - Zacks Investment Research

Luna Innovations Reports Third-Quarter 2021 Results

ROANOKE, Va.--(BUSINESS WIRE)-- #Luna--Luna reports Q321 financial results with Luna Labs moved to discontinued operations. Luna announces largest backlog and bookings in company history.

6 months ago - Business Wire

Earnings Preview For Luna Innovations

Luna Innovations (NASDAQ:LUNA) is set to give its latest quarterly earnings report on Monday, 2021-11-15. Here's what investors need to know before the announcement.

6 months ago - Benzinga

Luna Innovations to Present at Needham Virtual Security, Networking, & Communications Conference

ROANOKE, Va.--(BUSINESS WIRE)-- #Luna--Luna will present at the Needham Virtual Security, Networking, & Communications Conference on Tuesday, November 16th at 8:45 a.m. ET.

6 months ago - Business Wire

Earnings Preview: Luna Innovations Incorporated (LUNA) Q3 Earnings Expected to Decline

Luna Innovations Incorporated (LUNA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Luna Announces Third Quarter 2021 Financial Release Date of November 15, 2021

Roanoke, VA, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its third-quarter financial results for the period ended September 30, 2021 aft...

6 months ago - GlobeNewsWire

Luna Partners to Develop New Oil and Gas Production Monitoring Service

ROANOKE, Va.--(BUSINESS WIRE)-- #Luna--Luna announces partnership with ConocoPhillips to develop new, more accurate oil and gas profiling capabilities based on Luna's fiber optic sensing.

7 months ago - Business Wire

Why LUNA Is Soaring Today

This is a cryptocurrency that is rapidly gaining in innovation and traction alike.

7 months ago - The Motley Fool

NACD Recognizes Board Director Barry Phelps As Most Influential Corporate Director and Governance Expert

ROANOKE, Va.--(BUSINESS WIRE)-- #Directorship100--Luna's Board of Director, Barry Phelps, included in the 2021 National Association of Corporate Directors Directorship 100.

8 months ago - Business Wire

Here's Why Terra's Luna Was Going to the Moon Today

The cryptocurrency has been surging in popularity over the past month.

9 months ago - The Motley Fool

Luna Innovations Incorporated (LUNA) Matches Q2 Earnings Estimates

Luna Innovations Incorporated (LUNA) delivered earnings and revenue surprises of 0.00% and -4.33%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research