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 highest price target was 23, implying a possible profit of 12.77 percent. The lowest price target was 19, implying a possible loss of -6.84 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 34.79 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's 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. 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.
In the trailing 52-weeks, LMNX hit 23.75 at the highest peak, while it's lowest trading point was 17.64. Currently the stock is 15.62 percent higher than its low, 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's next earnings release will be on 0000-00-00, which is days away.