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 analyst gave a price target of 23, implying a possible profit of 12.77 percent. The most pessimistic analyst gave a price target of 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. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 34.79 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of LMNX to grow at a rate of 71.27 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of LMNX is 0.89.
In the last 52-weeks, LMNX has achieved a high of 23.75 and a low of 17.64. The current market price is above the trailing year's low by 15.62 percent, and below the high by 14.13 percent. LMNX has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.