Luna Innovations Incorporated Stock Net Income
| LUNA Stock | USD 1.64 0.01 0.61% |
Luna Innovations Incorporated fundamentals help investors to digest information that contributes to Luna Innovations' financial success or failures. It also enables traders to predict the movement of Luna Stock. The fundamental analysis module provides a way to measure Luna Innovations' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Luna Innovations stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -2.1 M | -2 M | |
| Net Income Applicable To Common Shares | 10.7 M | 11.2 M | |
| Net Loss | -1.1 M | -1.2 M | |
| Net Income Per Share | 0.06 | 0.07 | |
| Net Loss | (4.23) | (4.02) |
Luna | Net Income |
Luna Innovations Incorporated Company Net Income Analysis
Luna Innovations' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Luna Innovations Net Income | (2.12 M) |
Most of Luna Innovations' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Luna Innovations Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Luna Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Luna Innovations is extremely important. It helps to project a fair market value of Luna Stock properly, considering its historical fundamentals such as Net Income. Since Luna Innovations' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Luna Innovations' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Luna Innovations' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Luna Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Luna Innovations Incorporated reported net income of (2.12 Million). This is 100.39% lower than that of the Electronic Equipment, Instruments & Components sector and 101.65% lower than that of the Information Technology industry. The net income for all United States stocks is 100.37% higher than that of the company.
Luna Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Luna Innovations' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Luna Innovations could also be used in its relative valuation, which is a method of valuing Luna Innovations by comparing valuation metrics of similar companies.Luna Innovations is currently under evaluation in net income category among its peers.
Luna Innovations Current Valuation Drivers
We derive many important indicators used in calculating different scores of Luna Innovations from analyzing Luna Innovations' financial statements. These drivers represent accounts that assess Luna Innovations' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Luna Innovations' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 108.7M | 209.1M | 303.0M | 267.2M | 240.5M | 252.5M | |
| Enterprise Value | 67.0M | 187.5M | 320.4M | 271.5M | 244.4M | 256.6M |
Luna Innovations 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.| Shares | Geode Capital Management, Llc | 2024-06-30 | 380.5 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 292.7 K | Punch & Associates Inv Mgmt Inc | 2024-09-30 | 285 K | Avenir Corporation | 2024-09-30 | 272.1 K | Goldman Sachs Group Inc | 2024-06-30 | 256.4 K | Marathon Capital Management Llc | 2024-09-30 | 187.5 K | Renaissance Technologies Corp | 2024-09-30 | 173.3 K | Janney Montgomery Scott Llc | 2024-09-30 | 158.9 K | Pinnacle Associates Inc | 2024-09-30 | 155.5 K | Royce & Associates, Lp | 2024-09-30 | 2.8 M | Wasatch Advisors Lp | 2024-06-30 | 2.3 M |
Luna Fundamentals
| Return On Equity | -0.0123 | ||||
| Return On Asset | 0.0055 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 90.66 M | ||||
| Shares Outstanding | 34.7 M | ||||
| Shares Owned By Insiders | 8.07 % | ||||
| Shares Owned By Institutions | 47.96 % | ||||
| Number Of Shares Shorted | 1.87 M | ||||
| Price To Earning | 17.66 X | ||||
| Price To Book | 0.60 X | ||||
| Price To Sales | 0.49 X | ||||
| Revenue | 116.61 M | ||||
| Gross Profit | 66.5 M | ||||
| EBITDA | 6.89 M | ||||
| Net Income | (2.12 M) | ||||
| Cash And Equivalents | 7.89 M | ||||
| Cash Per Share | 0.24 X | ||||
| Total Debt | 28.32 M | ||||
| Debt To Equity | 0.30 % | ||||
| Current Ratio | 2.38 X | ||||
| Book Value Per Share | 2.79 X | ||||
| Cash Flow From Operations | (13.42 M) | ||||
| Short Ratio | 8.85 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 8.5 | ||||
| Number Of Employees | 337 | ||||
| Beta | 1.62 | ||||
| Market Capitalization | 56.9 M | ||||
| Total Asset | 151.01 M | ||||
| Retained Earnings | (2.3 M) | ||||
| Working Capital | 54.24 M | ||||
| Current Asset | 38.75 M | ||||
| Current Liabilities | 15.33 M | ||||
| Net Asset | 151.01 M |
About Luna Innovations Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Luna Innovations Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Luna Innovations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Luna Innovations Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Luna Innovations offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luna Innovations' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Luna Innovations Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luna Innovations Incorporated Stock:Check out Luna Innovations Piotroski F Score and Luna Innovations Altman Z Score analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Electronic Equipment, Instruments & Components space 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 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 (0.68) | Earnings Share (0.03) | Revenue Per Share 3.487 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0055 |
The market value of Luna Innovations is measured differently than its book value, which is the value of Luna 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 if Luna Innovations is a good investment 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.