Luna Innovations
Market Cap
US$320.4m
Last Updated
2021/01/18 23:24 UTC
Data Sources
Company Financials +
Executive Summary
Luna Innovations Incorporated develops, manufactures, and markets fiber optic sensing, and test and measurement products worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid 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
Stable Share Price: LUNA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: LUNA's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
4.4%
LUNA
-0.9%
US Electronic
-1.0%
US Market
1 Year Return
23.0%
LUNA
24.0%
US Electronic
19.6%
US Market
Return vs Industry: LUNA underperformed the US Electronic industry which returned 24% over the past year.
Return vs Market: LUNA exceeded the US Market which returned 19.6% over the past year.
Shareholder returns
| LUNA | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.4% | -0.9% | -1.0% |
| 30 Day | 7.8% | 7.1% | 2.3% |
| 90 Day | 56.9% | 24.2% | 13.1% |
| 1 Year | 23.0%23.0% | 27.1%24.0% | 22.3%19.6% |
| 3 Year | 324.1%324.1% | 38.6%32.7% | 45.3%35.7% |
| 5 Year | 982.0%982.0% | 173.3%155.7% | 124.8%99.8% |
Long-Term 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
5 days ago | Simply Wall St
Should You Use Luna Innovations's (NASDAQ:LUNA) Statutory Earnings To Analyse It?2 weeks ago | Simply Wall St
If You Had Bought Luna Innovations (NASDAQ:LUNA) Shares Five Years Ago You'd Have Earned 784% Returns4 weeks ago | Simply Wall St
Do Insiders Own Lots Of Shares In Luna Innovations Incorporated (NASDAQ:LUNA)?Valuation
Is Luna Innovations undervalued compared to its fair value and its price relative to the market?
45.67x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LUNA ($10.39) is trading above our estimate of fair value ($9.25)
Significantly Below Fair Value: 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 (45.7x) compared to the US Electronic industry average (28x).
PE vs Market: LUNA is poor value based on its PE Ratio (45.7x) compared to the US market (21x).
Price to Earnings Growth Ratio
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 (4.4x) compared to the US Electronic industry average (2.7x).
Next Steps
Future Growth
How is Luna Innovations forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
25.6%
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%).
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 (25.6% per year) is forecast to grow faster than the US market (10.3% per year).
High Growth Revenue: LUNA's revenue (25.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
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?
77.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LUNA has high quality earnings.
Growing Profit Margin: LUNA's current net profit margins (9.1%) are higher than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: LUNA has become profitable over the past 5 years, growing earnings by 77.4% per year.
Accelerating Growth: LUNA's earnings growth over the past year (152.5%) exceeds its 5-year average (77.4% per year).
Earnings vs Industry: LUNA earnings growth over the past year (152.5%) exceeded the Electronic industry -9.3%.
Return on Equity
High ROE: LUNA's Return on Equity (9.4%) is considered low.
Next Steps
Financial Health
How is Luna Innovations's financial position?
Financial Position Analysis
Short Term Liabilities: LUNA's short term assets ($63.9M) exceed its short term liabilities ($14.6M).
Long Term Liabilities: LUNA's short term assets ($63.9M) exceed its long term liabilities ($7.8M).
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 19.2%.
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
Next Steps
Dividend
What is Luna Innovations's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LUNA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LUNA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
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
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Scott Graeff (53 yo)
3.25yrs
Tenure
US$961,123
Compensation
Mr. Scott A. Graeff has been President and Chief Executive Officer of Luna Innovations Incorporated since October 23, 2017 and served as its Principal Operating Officer . Mr. Graeff served as the Chief Str...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD961.12K) is below average for companies of similar size in the US market ($USD1.67M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.25yrs | US$961.12k | 1.64% $ 5.3m | |
| CFO, Principal Financial Officer & Principal Accounting Officer | 1.08yrs | US$502.80k | 0.19% $ 610.3k | |
| Director of Administration | no data | no data | no data | |
| Vice President of Marketing & Communications | 0.42yr | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior VP & GM of Lightwave Division | 0.83yr | no data | no data | |
| Senior VP & GM of Luna Labs | no data | no data | no data |
1.0yrs
Average Tenure
53yo
Average Age
Experienced Management: LUNA's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.25yrs | US$961.12k | 1.64% $ 5.3m | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 3.67yrs | US$66.75k | 0.053% $ 168.7k | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Chairman of the Board | 11yrs | US$109.75k | 1.49% $ 4.8m | |
| Independent Director | 5.67yrs | US$70.25k | 0.47% $ 1.5m | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data |
4.7yrs
Average Tenure
73yo
Average Age
Experienced Board: LUNA's board of directors are considered experienced (4.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.
Top Shareholders
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$320.407m
- Shares outstanding: 30.84m
- 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 through two segments, Products and Licensing, and Technology ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 23:24 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.