Alert: Negative Investment/Fundamental Signals (11/29/19)-Luminex Corp (NASDAQ: LMNX)


Significant negative changes in fundamentals have recently occurred for Luminex Corp (NASDAQ: LMNX): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2020 decreased significantly.

Luminex Corp (NASDAQ: LMNX) suffers from notable negative changes in investment behavior: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, LMNX is expected to be an important Value Eraser.

Luminex has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Luminex has a poor Power Rating of 19 and a very low Appreciation Score of 14, and the Lowest Value Trend Rating results.

Recent Price Action

Luminex Corp (NASDAQ: LMNX) stock declined modestly by -0.9% on 11/29/19. The stock closed at $21.13. However, trading volume in this decline was exceptionally low at 33% of normal. The stock has risen 4.0% during the last week but has been weak relative to the market over the last nine months.

About John Lafferty 79039 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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