Luna Innovations Stock Today

LUNA
 Stock
  

USD 7.40  0.04  0.54%   

Market Performance
10 of 100
Odds Of Distress
Less than 22
Luna Innovations is trading at 7.40 as of the 5th of December 2022, a -0.54% down since the beginning of the trading day. The stock's open price was 7.44. Luna Innovations has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat ok performance during the last 90 days. Equity ratings for Luna Innovations Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2022 and ending today, the 5th of December 2022. Click here to learn more.
CUSIP
550351100
Fiscal Year End
December
Business Domain
Technology Hardware & Equipment
IPO Date
2nd of June 2006
Category
Technology
Classification
Information Technology
Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products worldwide. Luna Innovations Incorporated was incorporated in 1990 and is headquartered in Roanoke, Virginia. Luna Innovations operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. The company has 32.96 M outstanding shares of which 250.25 K shares are now shorted by private and institutional investors with about 4.28 trading days to cover. More on Luna Innovations Incorporated

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Moving against Luna Innovations

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Follow Valuation Options Odds of Bankruptcy
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Luna Innovations Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Luna Innovations' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Luna Innovations or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Luna Innovations appears to be risky and price may revert if volatility continues
Latest headline from news.google.com: Luna Innovations Incorporated Stock Price Today, Quote News - Seeking Alpha
CEO and President and DirectorMy Chung
Fama & French Classification
Average Analyst Recommendation
Analysts covering Luna Innovations report their recommendations after researching Luna Innovations' financial statements, talking to executives and customers, or listening in on Luna Innovations' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Luna Innovations. The Luna Innovations consensus assessment is calculated by taking the average forecast from all of the analysts covering Luna Innovations.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Luna Innovations based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Luna Innovations financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted26.4 M31.7 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares26 M31.7 M
Significantly Down
Increasing
Slightly volatile
Return on Average Assets1.091.058
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations4.8 M4.5 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities35.3 M32.7 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities52.1 M48.3 M
Significantly Up
Increasing
Slightly volatile
Gross Margin48.6958.9124
Significantly Down
Increasing
Slightly volatile
Total Debt23.1 M21.4 M
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.950.67
Significantly Up
Decreasing
Slightly volatile
Current Assets89 M82.4 M
Significantly Up
Increasing
Slightly volatile
Total Assets140.5 M130.2 M
Significantly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Luna Innovations' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Luna Innovations' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Luna Innovations' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Luna Innovations' financial leverage. It provides some insight into what part of Luna Innovations' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Luna Innovations' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Luna Innovations deploys its capital and how much of that capital is borrowed.
Liquidity
Luna Innovations cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 11.67 M in liabilities with Debt to Equity (D/E) ratio of 0.3, which may suggest the company is not taking enough advantage from borrowing. Luna Innovations has a current ratio of 2.33, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Luna Innovations until it has trouble settling it off, either with new capital or with free cash flow. So, Luna Innovations' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Luna Innovations sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Luna Innovations to invest in growth at high rates of return. When we think about Luna Innovations' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

4.84 Million
Luna Innovations Incorporated (LUNA) is traded on NASDAQ Exchange in USA and employs 385 people. Luna Innovations is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 245.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Luna Innovations's market, we take the total number of its shares issued and multiply it by Luna Innovations's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Luna Innovations conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 32.96 M outstanding shares of which 250.25 K shares are now shorted by private and institutional investors with about 4.28 trading days to cover. Luna Innovations Incorporated currently holds about 7.89 M in cash with 4.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24.
Check Luna Innovations Probability Of Bankruptcy
Ownership
Luna Innovations maintains a total of thirty-two million nine hundred sixty-one thousand eight hundred outstanding shares. Over half of Luna Innovations outstanding shares are owned by institutional investors. These institutional investors are typically referred to corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Luna Innovations. Please watch out for any change in the institutional holdings of Luna Innovations Incorporated as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Luna Innovations Ownership Details

Luna Innovations Stock Price Odds Analysis

What are Luna Innovations' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Luna Innovations jumping above the current price in 90 days from now is near 1%. The Luna Innovations Incorporated probability density function shows the probability of Luna Innovations stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Luna Innovations has a beta of 0.735. This indicates as returns on the market go up, Luna Innovations average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Luna Innovations Incorporated will be expected to be much smaller as well. Additionally, the company has an alpha of 0.3732, implying that it can generate a 0.37 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 7.4HorizonTargetOdds Above 7.4
99.78%90 days
 7.40 
0.22%
Based on a normal probability distribution, the odds of Luna Innovations to move above the current price in 90 days from now is near 1 (This Luna Innovations Incorporated probability density function shows the probability of Luna Innovations Stock to fall within a particular range of prices over 90 days) .

Luna Innovations Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Luna Innovations that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Luna Innovations' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Luna Innovations' value.
InstituionSecurity TypeTotal SharesValue
Zpr Investment ManagementCommon Shares22.1 K92 K
Your Advocates Ltd LlpCommon Shares200K
View Luna Innovations Diagnostics

Luna Innovations Historical Income Statement

Luna Innovations Incorporated Income Statement is one of the three primary financial statements used for reporting Luna Innovations's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Luna Innovations revenue and expense. Luna Innovations Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Luna Innovations Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 1.38 Million. The current year Gross Profit is expected to grow to about 55.6 M, whereas Direct Expenses is forecasted to decline to about 30.2 M. View More Fundamentals

Luna Innovations Stock Against Markets

Picking the right benchmark for Luna Innovations stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Luna Innovations stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Luna Innovations is critical whether you are bullish or bearish towards Luna Innovations Incorporated at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Luna Innovations without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Luna Innovations Corporate Directors

Luna Innovations corporate directors refer to members of a Luna Innovations board of directors. The board of directors generally takes responsibility for the Luna Innovations' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Luna Innovations' board members must vote for the resolution. The Luna Innovations board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

Invested in Luna Innovations Incorporated?

The danger of trading Luna Innovations Incorporated is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Luna Innovations is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Luna Innovations. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Luna Innovations is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Luna Innovations price analysis, check to measure Luna Innovations' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Luna Innovations is operating at the current time. Most of Luna Innovations' value examination focuses on studying past and present price action to predict the probability of Luna Innovations' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Luna Innovations' price. Additionally, you may evaluate how the addition of Luna Innovations to your portfolios can decrease your overall portfolio volatility.
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Is Luna Innovations' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Luna Innovations. If investors know Luna Innovations will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Luna Innovations listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.77
Market Capitalization
245.2 M
Quarterly Revenue Growth YOY
0.43
Return On Assets
(0.0105) 
Return On Equity
(0.0197) 
The market value of Luna Innovations is measured differently than its book value, which is the value of Luna Innovations that is recorded on the company's balance sheet. Investors also form their own opinion of Luna Innovations' value that differs from its market value or its book value, called intrinsic value, which is Luna Innovations' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Luna Innovations' market value can be influenced by many factors that don't directly affect Luna Innovations' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Luna Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine Luna Innovations value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luna Innovations' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.