Luna Innovations Incorporated (NASDAQ:LUNA) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 1-year consensus price objective of $3.25 for the company and are forecasting that the company will post $0.02 earnings per share for the current quarter, according to Zacks. Zacks has also given Luna Innovations an industry rank of 175 out of 265 based on the ratings given to related companies.
A number of research firms have recently commented on LUNA. Zacks Investment Research downgraded Luna Innovations from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Northland Securities reiterated a “buy” rating and set a $3.25 target price on shares of Luna Innovations in a research report on Wednesday, March 21st.
NASDAQ LUNA opened at $3.77 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.98 and a quick ratio of 3.51. Luna Innovations has a one year low of $1.16 and a one year high of $4.00.
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About Luna Innovations
Luna Innovations Incorporated develops, manufactures and markets fiber optic sensing and test, and measurement products. The Company is focused on bringing technology solutions to measure and monitor processes in the aerospace, automotive, energy, composite, telecommunications and defense industries.
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