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.
LMNX was given price targets by several analysts. The maximum price target given was 23, implying a possible profit of 12.77 percent. The lowest price target was 19, implying a possible loss of -6.84 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 31.11 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 34.79 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' 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 made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of LMNX to grow at a rate of 71.27 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. LMNX has a PEG ratio of 0.89.
LMNX has a 52-week high of 23.75 and a 52-week low of 17.64. Today's price is 15.62 percent above the 52-week low, and 14.13 percent lower than its 52-week 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 stock has a market capitalization of $0.89587 billion. LMNX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.