Luna Innovations Stock Analysis


USD 6.76  0.35  5.46%   

The current rise in Luna Innovations short term price appreciation may encourage investors to take a closer look at the firm as it is trading at a share price of 6.76 on 86,396 in trading volume. The company directors and management have successfully maneuvered the firm at convenient times to take advantage of all market conditions in October. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.62. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Luna Innovations partners.
Additionally, see Correlation Analysis.
The Luna Innovations stock analysis report makes it easy to digest most publicly released information about Luna Innovations and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Luna Innovations Stock analysis module also helps to analyze the Luna Innovations price relationship with some important fundamental indicators such as market cap and management efficiency.

Luna Innovations Stock Analysis Notes

About 51.0% of the company shares are owned by institutional investors. The book value of Luna Innovations was now reported as 2.67. The company had not issued any dividends in recent years. 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. It employs 385 people. To find out more about Luna Innovations contact My Chung at 540 769-8400 or learn more at

Luna Innovations Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Luna Innovations' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Luna Innovations or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Luna Innovations has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 102.02 M. Net Loss for the year was (1.64 M) with profit before overhead, payroll, taxes, and interest of 51.56 M.
Luna Innovations currently holds about 7.89 M in cash with (32 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24.

Luna Innovations Upcoming and Recent Events

Earnings reports are used by Luna Innovations to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Luna Innovations previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report10th of March 2022
Next Financial Report16th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End10th of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Luna Innovations Largest EPS Surprises

Earnings surprises can significantly impact Luna Innovations' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Fiscal Date
Estimated EPS
Reported EPS
View All Earnings Estimates

Luna Innovations SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Luna Innovations prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Luna Innovations investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Luna Innovations specific information freely available to individual and institutional investors to make a timely investment decision.
11th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
8th of July 2022
Unclassified Corporate Event
27th of June 2022
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
17th of June 2022
Unclassified Corporate Event
16th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
12th of May 2022
Submission of Matters to a Vote of Security Holders
7th of April 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
23rd of March 2022
Financial Statements and Exhibits. Changes in Registrant's Certifying Accountant

Luna Innovations Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Luna Innovations is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Luna Innovations backward and forwards among themselves. Luna Innovations' institutional investor refers to the entity that pools money to purchase Luna Innovations' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zpr Investment ManagementCommon Shares22.1 K92 K
Your Advocates Ltd LlpCommon Shares200K
Yintercept Hong Kong LtdCommon Shares10.7 K62 K
Yakira Capital Management IncCommon Shares15.7 K53 K
Yakira Capital Management IncCommon Shares19.5 K63 K
Yakira Capital Management IncCommon Shares19.5 K58 K
Yakira Capital Management IncCommon Shares34.5 K112 K
Note, although Luna Innovations' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Luna Innovations Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 206.01 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 Profitablity

Luna Innovations' profitability indicators refer to fundamental financial ratios that showcase Luna Innovations' ability to generate income relative to its revenue or operating costs. If, let's say, Luna Innovations is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Luna Innovations' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Luna Innovations' profitability requires more research than a typical breakdown of Luna Innovations' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 9.8 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 2.79 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.03.
Last ReportedProjected for 2022
Return on Investment(2.69) (2.91) 
Return on Average Assets 1.06  1.09 
Return on Average Equity 1.77  1.91 
Return on Invested Capital(0.002) (0.002053) 
Return on Sales(0.001) (0.001026) 

Management Efficiency

The entity has return on total asset (ROA) of (1.05) % which means that it has lost $1.05 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (1.97) %, meaning that it created substantial loss on money invested by shareholders. Luna Innovations management efficiency ratios could be used to measure how well luna innovations manages its routine affairs as well as how well it operates its assets and liabilities. Luna Innovations Return on Average Assets are projected to increase based on the last few years of reporting. The past year's Return on Average Assets were at 1.06. The current year Return on Average Equity is expected to grow to 1.91, whereas Return on Investment is forecasted to decline to (2.91) . Luna Innovations Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 130.24 Million. The current year Current Assets is expected to grow to about 89 M, whereas Tax Assets are forecasted to decline to about 3 M.
Last ReportedProjected for 2022
Book Value per Share 2.59  2.30 
Enterprise Value over EBIT-2.3 K-2.4 K
Enterprise Value over EBITDA 61.66  66.53 
Price to Book Value 3.29  2.90 
Tangible Assets Book Value per Share 2.97  2.79 
Enterprise Value278 M300 M
Tangible Asset Value94.1 M79.8 M

Technical Drivers

As of the 30th of November, Luna Innovations secures the Downside Deviation of 2.59, risk adjusted performance of 0.0788, and Mean Deviation of 2.39. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Luna Innovations, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Luna Innovations, which can be compared to its peers in the industry. Please verify Luna Innovations treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Luna Innovations is priced some-what accurately, providing market reflects its recent price of 6.76 per share. Given that Luna Innovations has jensen alpha of 0.1269, we recommend you to check Luna Innovations's last-minute market performance to make sure the company can sustain itself at a future point.

Luna Innovations Price Movement Analysis

The output start index for this execution was sixty with a total number of output elements of one. The Kaufman Adaptive Moving Average allows the user to define Luna Innovations range across which they want the smoothing.

Luna Innovations Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Luna Innovations insiders, such as employees or executives, is commonly permitted as long as it does not rely on Luna Innovations' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Luna Innovations insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Coe Pamela L over a month ago via Macroaxis 
Acquisition by Coe Pamela L of 274 shares of Luna Innovations subject to Rule 16b-3
Anderson N Leigh over three months ago via Macroaxis 
Acquisition by Anderson N Leigh of 1888 shares of Luna Innovations subject to Rule 16b-3
Coe Pamela L over three months ago via Macroaxis 
Acquisition by Coe Pamela L of 225 shares of Luna Innovations subject to Rule 16b-3
Coe Pamela L over six months ago via Macroaxis 
Acquisition by Coe Pamela L of 11819 shares of Luna Innovations subject to Rule 16b-3
Coe Pamela L over six months ago via Macroaxis 
Acquisition by Coe Pamela L of 134 shares of Luna Innovations subject to Rule 16b-3
Brian Soller over six months ago via Macroaxis 
Payment of 2408 shares by Brian Soller of Luna Innovations subject to Rule 16b-3
Scott Graeff over six months ago via Macroaxis 
Exercise or conversion by Scott Graeff of 34531 shares of Luna Innovations subject to Rule 16b-3
Scott Graeff over six months ago via Macroaxis 
Bona fide gift to Scott Graeff of 50000 shares of Luna Innovations subject to Section 16
Brian Soller over six months ago via Macroaxis 
Payment of 1042 shares by Brian Soller of Luna Innovations subject to Rule 16b-3
Brian Soller over six months ago via Macroaxis 
Payment of 3777 shares by Brian Soller of Luna Innovations subject to Rule 16b-3
Coe Pamela L over six months ago via Macroaxis 
Acquisition by Coe Pamela L of 118 shares of Luna Innovations subject to Rule 16b-3
Nestro Gene over six months ago via Macroaxis 
Payment of 4571 shares by Nestro Gene of Luna Innovations subject to Rule 16b-3

Luna Innovations Predictive Daily Indicators

Luna Innovations intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Luna Innovations stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Luna Innovations Forecast Models

Luna Innovations time-series forecasting models is one of many Luna Innovations' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Luna Innovations' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Luna Innovations Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Luna Innovations prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Luna Innovations shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Luna Innovations. By using and applying Luna Innovations Stock analysis, traders can create a robust methodology for identifying Luna Innovations entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(2.96) (3.19) 
EBITDA Margin(1.36) (1.47) 
Gross Margin 58.91  48.69 
Profit Margin 1.58  1.62 

Current Luna Innovations Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Luna Innovations analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Luna Innovations analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Luna Innovations current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Luna Innovations analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Luna Innovations stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Luna Innovations, talking to its executives and customers, or listening to Luna Innovations conference calls.
Luna Innovations Analyst Advice Details

Luna Innovations Stock Analysis Indicators

Luna Innovations stock analysis indicators help investors evaluate how Luna Innovations stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Luna Innovations shares will generate the highest return on investment. By understating and applying Luna Innovations stock analysis, traders can identify Luna Innovations position entry and exit signals to maximize returns.
Quick Ratio1.28
Fifty Two Week Low4.06
Revenue Growth43.40%
Average Daily Volume Last 10 Day73.19k
Shares Short Prior Month384.31k
Average Daily Volume In Three Month70.86k
Earnings Growth177.40%
Shares Percent Shares Out1.11%
Earnings Quarterly Growth236.90%
Gross Margins60.07%
Forward Price Earnings20.16
Short Percent Of Float1.15%
Float Shares28.13M
Fifty Two Week High9.75
Fifty Day Average4.92
Enterprise Value To Ebitda77.51
Two Hundred Day Average5.96
Enterprise Value To Revenue2.16
Additionally, see Correlation Analysis. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for analysis

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.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
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
Market Capitalization
211.1 M
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
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.