Luna Innovations
Market Cap
US$164.1m
Last Updated
2019/10/17 23:53 UTC
Data Sources
Company Financials +
Executive Summary
Luna Innovations Incorporated develops, manufactures, and markets fiber optic sensing, and test and measurement products worldwide.
Snowflake
Fundamentals
Flawless balance sheet with acceptable track record.
Share Price & News
How has Luna Innovations's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
6.6%
LUNA
4.0%
US Electronic
1.8%
US Market
1 Year Return
77.9%
LUNA
13.3%
US Electronic
7.3%
US Market
Return vs Industry: LUNA exceeded the US Electronic industry which returned 13.3% over the past year.
Return vs Market: LUNA exceeded the US Market which returned 7.3% over the past year.
Shareholder returns
| LUNA | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.6% | 4.0% | 1.8% |
| 30 Day | -1.0% | 1.1% | -0.7% |
| 90 Day | 16.2% | 4.2% | 0.06% |
| 1 Year | 77.9%77.9% | 14.4%13.3% | 9.7%7.3% |
| 3 Year | 336.1%336.1% | 54.7%50.4% | 46.3%36.9% |
| 5 Year | 349.6%349.6% | 88.7%79.6% | 64.5%46.5% |
Price Volatility Vs. Market
How volatile is Luna Innovations's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Investors Who Bought Luna Innovations (NASDAQ:LUNA) Shares Five Years Ago Are Now Up 333%3 weeks ago | Simply Wall St
A Closer Look At Luna Innovations Incorporated's (NASDAQ:LUNA) Uninspiring ROE1 month ago | Simply Wall St
Does Luna Innovations (NASDAQ:LUNA) Deserve A Spot On Your Watchlist?Valuation
Is Luna Innovations undervalued compared to its fair value and its price relative to the market?
56.46x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: LUNA ($5.8) is trading above our estimate of fair value ($3.88)
Significantly Undervalued: LUNA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LUNA is poor value based on its PE Ratio (56.5x) compared to the Electronic industry average (19.2x).
PE vs Market: LUNA is poor value based on its PE Ratio (56.5x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate LUNA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LUNA is overvalued based on its PB Ratio (2.5x) compared to the US Electronic industry average (2x).
Next Steps
Future Growth
How is Luna Innovations forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
16.5%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if LUNA's forecast earnings growth is above the savings rate (2.7%).
Earnings vs Market: Insufficient data to determine if LUNA's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LUNA's revenue (16.5% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: LUNA's revenue (16.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if LUNA's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Luna Innovations performed over the past 5 years?
52.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: LUNA has become profitable over the past 5 years, growing earnings by 52.9% per year.
Accelerating Growth: LUNA's earnings growth over the past year (18614.7%) exceeds its 5-year average (52.9% per year).
Earnings vs Industry: LUNA earnings growth over the past year (18614.7%) exceeded the Electronic industry 58.6%.
Return on Equity
High ROE: LUNA's Return on Equity (4.9%) is considered low.
Return on Assets
ROA vs Industry: LUNA's Return on Assets is below or equal to the Electronic industry average last year.
Return on Capital Employed
ROCE Improving: LUNA's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Luna Innovations's financial position?
Financial Position Analysis
Short Term Liabilities: LUNA's short term assets ($53.8M) exceeds its short term liabilities ($14.4M)
Long Term Liabilities: LUNA's short term assets (53.8M) exceeds its long term liabilities (2.6M)
Debt to Equity History and Analysis
Debt Level: LUNA is debt free.
Reducing Debt: LUNA has no debt compared to 5 years ago when its debt to equity ratio was 6.8%.
Debt Coverage: LUNA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LUNA has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: LUNA has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if LUNA's debt is covered by short term assets.
Next Steps
Dividend
What is Luna Innovations's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate LUNA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LUNA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if LUNA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LUNA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LUNA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Luna Innovations's salary, the management and board of directors tenure and is there insider trading?
5.5yrs
Average management tenure
CEO
Scott Graeff (52yo)
2yrs
Tenure
US$997,245
Compensation
Mr. Scott A. Graeff has been President and Chief Executive Officer of Luna Innovations Incorporated since October 23, 2017 and served as its Principal Operating Officer . Mr. Graeff served as the Chief Str ...
CEO Compensation Analysis
Compensation vs. Market: Scott has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.
Management Age and Tenure
5.5yrs
Average Tenure
52yo
Average Age
Experienced Management: LUNA's management team is seasoned and experienced (5.5 years average tenure).
Board Age and Tenure
3.4yrs
Average Tenure
71yo
Average Age
Experienced Board: LUNA's board of directors are considered experienced (3.4 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 171,701 |
| Max Price | US$6.71 |
| Entity | Company |
| Shares | 136,899 |
| Max Price | US$6.39 |
| Entity | Company |
| Shares | 191,400 |
| Max Price | US$6.30 |
| Entity | Company |
| Shares | 100,000 |
| Max Price | US$6.25 |
| Entity | Company |
| Shares | 100,000 |
| Max Price | US$6.07 |
| Entity | Company |
| Shares | 100,000 |
| Max Price | US$6.04 |
| Entity | Company |
| Shares | 79,305 |
| Max Price | US$5.62 |
| Entity | Company |
| Shares | 120,695 |
| Max Price | US$5.70 |
| Entity | Company |
| Shares | 54,495 |
| Max Price | US$5.25 |
| Entity | Company |
| Shares | 45,505 |
| Max Price | US$5.35 |
| Entity | Company |
| Shares | 24,332 |
| Max Price | US$5.02 |
| Entity | Company |
| Shares | 14,579 |
| Max Price | US$5.00 |
| Entity | Company |
| Shares | 93,550 |
| Max Price | US$5.02 |
| Entity | Company |
| Shares | 47,404 |
| Max Price | US$5.00 |
| Entity | Company |
| Shares | 20,135 |
| Max Price | US$5.02 |
Ownership Breakdown
Management Team
Dale Messick (55yo)
Chief Financial Officer
- Tenure: 8.5yrs
- Compensation: US$558.20k
Scott Graeff (52yo)
President
- Tenure: 2yrs
- Compensation: US$997.25k
Brian Soller (46yo)
VP & GM of Lightwave Division
- Tenure: 5.5yrs
Allison Woody
Director of Administration
- Tenure: 0yrs
Board Members
Jerre Stead (76yo)
Member of Advisory Board
- Tenure: 0yrs
Barry Phelps (72yo)
Independent Director
- Tenure: 2.4yrs
- Compensation: US$56.00k
Jack Marsh (92yo)
Member of Advisory Board
- Tenure: 0yrs
Rich Roedel (70yo)
Independent Chairman of the Board
- Tenure: 9.8yrs
- Compensation: US$103.00k
Don Pastor (65yo)
Independent Director
- Tenure: 4.4yrs
- Compensation: US$63.00k
Scott Graeff (52yo)
President
- Tenure: 2yrs
- Compensation: US$997.25k
G. Wincup
Member of Advisory Board
- Tenure: 0yrs
John Noftsinger
Member of Advisory Board
- Tenure: 0yrs
Harold Kroto
Member of Advisory Board
- Tenure: 0yrs
Charles Hamner
Member of Advisory Board
- Tenure: 0yrs
Company Information
Luna Innovations Incorporated's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Luna Innovations Incorporated
- Ticker: LUNA
- Exchange: NasdaqCM
- Founded: 1990
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$164.144m
- Shares outstanding: 28.30m
- Website: https://www.lunainc.com
Number of Employees
Location
- Luna Innovations Incorporated
- 301 1st Street, SW
- Suite 200
- Roanoke
- Virginia
- 24011
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LUNA | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Jun 2006 |
Biography
Luna Innovations Incorporated develops, manufactures, and markets fiber optic sensing, and test and measurement products worldwide. It operates in two segments, Products and Licensing, and Technology Devel ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 23:53 |
| End of Day Share Price | 2019/10/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.