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LMNX $36.99

LMNX target price
36.99
0
0
Luminex Corporation
Type
Corporation
Traded as NASDAQ: LMNX
S&P 600 Component
Industry Biotechnology
Founded 1995
Headquarters Austin, Texas, United States,
Products xMAP, xTAG, MAGPIX, Luminex 100/200, FLEXMAP 3D, NxTAG, ARIES
Website Luminexcorp.com

Luminex Corporation is a biotechnology company based in Austin, Texas, with offices in Madison, Wisconsin, Chicago, Illinois, Toronto, the Netherlands, Shanghai and Tokyo. Luminex develops, manufactures and markets proprietary biological testing technologies with applications in life-sciences. Nachum "Homi" Shamir has served as Luminex's President and Chief Executive Officer since October, 2014. Luminex was recognized by Forbes magazine as one of the top 25 fastest growing technology companies in the US.

Luminex's (Multi-Analyte Profiling (xMAP) technology allows simultaneous analysis of up to 500 bioassays from a small sample volume, typically a single drop of fluid, by reading biological tests on the surface of microscopic polystyrene beads called microspheres. xMAP technology combines this miniaturized liquid array bioassay capability with small lasers, light emitting diodes (LEDs), digital signal processors, photo detectors, charge-coupled device imaging and proprietary software to create a system offering advantages in speed, precision, flexibility and cost. xMAP technology is currently being used within various segments of the life sciences industry, which includes the fields of drug discovery and development, and for clinical diagnostics, genetic analysis, bio-defense, food safety and biomedical research. Luminex MultiCode technology, used for real-time polymerase chain reaction (PCR) and multiplexed PCR assays.

Luminex Corporation owns 315 issued patents worldwide, including over 124 issued patents in the United States based on its multiplexing xMAP platform. Luminex's proprietary multiplex bead-based immunoassay testing platform simultaneously measures multiple analytes by exciting a sample with a laser, and subsequently analyzing the wavelength of emitted light. Luminex's MAGPIX platform utilizes LED technology and digital photography to analyze,"color-coded magnetic microspheres". In 2008 Luminex received FDA 510(k) clearance for its xTAG Respiratory Viral Panel which allows doctors to test for the presence of 12 respiratory viruses with a very high degree of accuracy in a matter of hours, and has been proven to provide an increase in accuracy over in-house nucleic acid amplification testing in the diagnosis of respiratory virus infections. Luminex's xTAG Gastrointestinal Pathogen Panel was granted a CE mark by the European Union in 2012 and received FDA and Health Canada clearance in early 2013. Luminex also has an extensive portfolio of genetics assays focused on cystic fibrosis and pharmacogenetics.

In 2010 Luminex Corporation received the Prix Galien USA award. In 2011 Luminex Corporation's MAGPIX multiplexing bioassay platform received the Medical Design Excellence Award.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q2 2021 2021-08-02 Future report Set alerts
Q1 2021 2021-05-05 0.00 0.00
Q4 2020 2021-02-08 0.01 0.01
Q3 2020 2020-11-05 0.00 0.00
Q2 2020 2020-08-04 0.27 0.27
Q1 2020 2020-05-04 0.01 0.01
Q4 2019 2020-02-10 0.08 0.07
Q3 2019 2019-11-04 -0.12 -0.12
Q2 2019 2019-07-31 -0.10 -0.11
Q1 2019 2019-05-06 -0.07 0.07

Ratings

2016-05-03 Reiterated Rating Piper Jaffray Hold $19.00 to $20.00
2016-05-03 Reiterated Rating Leerink Swann Hold $22.00
2016-05-03 Reiterated Rating Piper Jaffray Cos. Hold $19.00 to $20.00
2016-02-02 Reiterated Rating William Blair Market Perform
2015-11-03 Reiterated Rating Piper Jaffray Hold $17.00 to $19.00
2015-11-03 Boost Price Target Leerink Swann Market Perform $18.00 to $21.00
2015-11-03 Boost Price Target JPMorgan Chase & Co. Underweight $16.00 to $18.00
2015-11-03 Boost Price Target Jefferies Group Hold $19.00 to $21.00
2015-10-12 Reiterated Rating William Blair Market Perform
2015-08-04 Upgrade Wedbush Neutral to Outperform $19.00 to $22.00
2015-07-01 Boost Price Target Cowen and Company Market Perform $17.00 to $18.00
2015-02-03 Lower Price Target Leerink Swann Market Perform $20.00 to $18.00
2015-02-03 Lower Price Target JPMorgan Chase & Co. Underweight $17.00 to $16.00
2015-02-03 Lower Price Target Jefferies Group Hold $18.00 to $17.00
2014-11-07 Downgrade Leerink Swann Outperform to Market Perform $22.00
2014-10-28 Downgrade Stephens Overweight to Equal Weight
2014-10-09 Initiated Coverage Citigroup Inc. Neutral
2014-10-09 Upgrade Cowen and Company Underperform to Market Perform $16.00 to $18.00
2014-07-29 Reiterated Rating JPMorgan Chase & Co. Underweight $18.00 to $17.00
2014-04-29 Boost Price Target Leerink Swann Outperform $22.00 to $23.00
2014-02-04 Lower Price Target Leerink Swann $23.00 to $22.00
2014-01-07 Downgrade JPMorgan Chase & Co. Neutral to Underweight
2013-11-05 Reiterated UBS Neutral $24 to $21.50
2013-11-05 Lower Price Target Wedbush Neutral $19.00 to $18.00
2013-07-30 Downgrade UBS Buy to Neutral $22 to $24
2012-08-23 Upgrade UBS Neutral to Buy $25 to $22
2012-07-31 Downgrade William Blair Outperform to Mkt Perform
2012-05-01 Reiterated UBS Neutral $22 to $25
2009-11-18 Initiated William Blair Mkt Perform
2009-05-08 Reiterated Wedbush Morgan Buy $26 to $28
2009-04-14 Initiated Piper Jaffray Neutral
2008-12-12 Downgrade Leerink Swann Outperform to Mkt Perform
2008-10-16 Initiated UBS Neutral
2008-10-10 Initiated Cowen & Co Neutral
2008-08-08 Reiterated Canaccord Adams Buy $24 to $26
2008-07-15 Reiterated Canaccord Adams Buy $22 to $24
2008-02-08 Reiterated Avondale Partners Mkt Outperform $22 to $24
2008-02-01 Initiated GARP Research Buy
2008-01-16 Initiated Avondale Partners Mkt Outperform $22
2007-10-29 Downgrade Pacific Growth Equities Buy to Neutral $17.50
2007-09-11 Initiated Canaccord Adams Buy $17
2007-03-20 Initiated Thomas Weisel Overweight $18.50
2016-05-03 Reiterated Rating Piper Jaffray Hold $19.00 to $20.00
2016-05-03 Reiterated Rating Leerink Swann Hold $22.00
2016-05-03 Reiterated Rating Piper Jaffray Cos. Hold $19.00 to $20.00
2016-02-02 Reiterated Rating William Blair Market Perform
2015-11-03 Reiterated Rating Piper Jaffray Hold $17.00 to $19.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
LOEWENBAUM G WALTER II 1.32%  (564217) DDD / LMNX /
BALTHROP PATRICK J President & CEO 1.14%  (486367) LMNX / OXFD /
GOAD FRED C JR 0.67%  (287957) EMAG / LMNX /
CRESCI ROBERT J 0.50%  (215800) CMCT / JCOM / LMNX /
KEVER JIM D 0.50%  (213800) DDD / LMNX / TSN /
CURRIE HARRISS T VP, Finance & CFO 0.46%  (197446) LMNX /
SHAMIR NACHUM President & CEO 0.39%  (167311) LMNX / VSCI /
ERICKSON THOMAS W 0.38%  (162221) ARA / DDD / LMNX /
Johnston Jay B 0.32%  (138696) LMNX /
Bradley Russell W VP, Busn Dev 0.24%  (100667) LMNX /
BRIDGE-COOK JEREMY K SVP, Assay Group 0.17%  (74273) LMNX /
MCNAMARA KEVIN M 0.17%  (73503) LMNX / TSN /
REITER DAVID S VP & General Counsel 0.14%  (60400) LMNX /
PINTEK MICHAEL F SVP, Operations 0.14%  (59234) LMNX /
OGUNRO EDWARD A 0.10%  (44147) LMNX /
Fairchild Nancy SVP, Human Resources 0.10%  (43222) LMNX /
Collins Charles J. SR VP, R&D - US 0.08%  (34021) LMNX /
Shapiro Eric SR VP, GLOBAL MARKETING 0.05%  (23064) LMNX /
DEHNE TIMOTHY R VP, Systems R&D 0.05%  (20441) CRUS / LMNX /
Bennett Todd C. SVP, Global Sales & Cust Ops 0.04%  (19074) LMNX /
Rew Richard W. II SVP, Gen Counsel & Corp Secy 0.04%  (17169) ARTC / LMNX /
Myers Randall SVP, Global Mfg and Quality 0.04%  (15756) LMNX /
Eck Stephen L. 0.03%  (14614) LMNX /
Lazarus Tadd S. SVP, Chief Medical Officer 0.02%  (10495) LMNX /