Luminex CorpFind Ratings Reports
LUMINEX CORP's gross profit margin for the second quarter of its fiscal year 2017 has decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. LUMINEX CORP is extremely liquid. Currently, the Quick Ratio is 4.06 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 5.98% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q2 FY17||Q2 FY16|
|Net Sales ($mil)||76.46||64.17|
|Net Income ($mil)||5.54||5.65|
|Balance Sheet||Q2 FY17||Q2 FY16|
|Cash & Equiv. ($mil)||103.71||81.72|
|Total Assets ($mil)||458.95||435.01|
|Total Debt ($mil)||0.0||0.0|
|Profitability||Q2 FY17||Q2 FY16|
|Gross Profit Margin||70.03||74.04|
|Return on Assets||3.08||9.47|
|Return on Equity||3.38||10.43|
|Debt||Q2 FY17||Q2 FY16|
|Share Data||Q2 FY17||Q2 FY16|
|Shares outstanding (mil)||43.27||42.63|
|Div / share||0.06||0.0|
|Book value / share||9.68||9.27|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||185276.0||229892.0|
HOLD. LUMINEX CORP's P/E ratio indicates a discount compared to an average of 66.42 for the Life Sciences Tools & Services industry and a significant premium compared to the S&P 500 average of 24.88. To use another comparison, its price-to-book ratio of 2.05 indicates a discount versus the S&P 500 average of 3.10 and a significant discount versus the industry average of 6.84. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average. Upon assessment of these and other key valuation criteria, LUMINEX CORP proves to trade at a discount to investment alternatives within the industry.
|LMNX 61.94||Peers 66.42||LMNX 21.76||Peers 27.29|
Average. An average P/E ratio can signify an industry neutral price for a stock and an average growth expectation.
LMNX is trading at a valuation on par with its peers.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
LMNX is trading at a discount to its peers.
|LMNX 27.72||Peers 30.86||LMNX 0.90||Peers 0.98|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
LMNX is trading at a premium to its peers.
Average. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
LMNX trades at a valuation on par to its peers.
|LMNX 2.05||Peers 6.84||LMNX -66.67||Peers 6.85|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
LMNX is trading at a significant discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, LMNX is expected to significantly trail its peers on the basis of its earnings growth rate.
|LMNX 2.88||Peers 11.02||LMNX 19.95||Peers 11.89|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
LMNX is trading at a significant discount to its industry on this measurement.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
LMNX has a sales growth rate that significantly exceeds its peers.