Analyst Ratings for Luminex Corp. (LMNX)

Updated: 2017-07-29

Luminex Corp. (NASDAQ:LMNX) was awarded an average rating of Hold from investment analysts following the stock. LMNX had previously received a consensus rating of Hold a month ago.

0 analysts declared LMNX a buy, 0 issued an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for LMNX by the analysts covering the stock. The most optimistic price target was 23, implying a possible profit of 12.77 percent. The most pessimistic price target was 19, implying potential capital losses of -6.84 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 31.11 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 34.79 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of LMNX's earnings is estimated by analysts to be 71.27 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. LMNX has a PEG ratio of 0.89.

LMNX has traded between a high of 23.75 and a low of 17.64 over the past year. The current market price is above the trailing year's low by 15.62 percent, and 14.13 percent below the high. LMNX has a P/E ratio of 63.73. Investors typically compare the P/E ratio to a company's peers in the industry. The LMNX value stock report compares LMNX to some of its peers using value stock charts. The market cap of LMNX is $0.89587 billion. LMNX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.