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.

Investment analysts gave a few price targets for LMNX. The highest price target was 23, implying a possible profit of 12.77 percent. The most pessimistic price target was 19, which equates to a potential downside of -6.84 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

LMNX has an estimated earnings growth rate of 71.27 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of LMNX is 0.89.

LMNX has traded between a high of 23.75 and a low of 17.64 over the past year. Currently the stock is 15.62 percent higher than its low, and 14.13 percent lower than its 52-week high. 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 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.