Investor Insights

This summary was created by AI, based on 11 opinions in the last 12 months.

Lumine Group (LMN-X) was spun off from Constellation Software and specializes in software for media and telecommunications, as well as corporate carve-outs. The company's pace of acquisitions has been good, and it has shown steady growth. Experts believe it is a good long-term investment with solid acquisition strategy and strong business in software acquisition sector. However, some experts also caution that the stock may be a bit rich at its current price.

Consensus
Positive
Valuation
Fair Value
BUY
Lumine Group

Great performer. Reasonably priced, trading around where CSU (its original parent) does. More European-centred than CSU.

Technology
SELL
Lumine Group

He sold and put proceeds back into CSU, the mother ship. Reasons included CSU still owning part of the spinoff. So when you own CSU, you still own part of TOI and LMN. Plus, analysis became simpler. CSU will probably do further spinoffs.

Now, stock price of CSU is high if you aren't awash in funds. His kids collect bottles and cans for extra money, and they can afford and own TOI shares, but not CSU. They eat their own cooking in the Del Vicario family ;)

Technology
HOLD
Lumine Group

Pretty fully priced. Mini-CSU in media and communications. Strong track record of success, long-term focus, experienced management team. Strong and sticky customer base. Acquisition strategy not as deep. If you see it in low $30s, add.

(Analysts’ price target is $33.00)
Technology
PAST TOP PICK
Lumine Group
(A Top Pick Jul 04/23, Up 102%)

It was spun off from Constellation Software about a year ago. It is in the same business of Vertical Market Software but differs in that it focuses on media and telecommunications and does larger deals. It also specializes in corporate carve-outs, buying a division of a big company. Its pace of acquisitions is good and the CEO talks to the street more than CSU or TOI. We can expect returns similar to those of CSU

Technology
Unspecified
Lumine Group

Boyd has good operations and is a consolidator of collision centres. Has grown from a small cap to almost a large cap. It is not super cheap and needs bigger acquisitions to move the needle.
A second part of the call was on Lumine. Buy it for the long term - with hopes for similar returns to CSU.

Technology
WEAK BUY
Lumine Group
LMN vs. CSU vs. TOI

He'd prefer CSU over TOI, but you should also look at LMN. LMN has done tremendously well since it was spun off. LMN was a vertical business that catered to agri, financial services, and education.

MSFT has software that goes horizontally across a whole bunch of industries, whereas CSU is more vertical. It's been very steady, even when the market goes into selloff mode. Has 5 operating segments.

TOI is out of Europe, and more on the engineering side.

Technology
BUY
Lumine Group
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Both the increased share count and the loss relate to the conversion of preferred shares by CSU, and the set up was done this way to reduce taxes and faciliate the LMN spin out to shareholders. Both the loss and the share conversion were fully expected and disclosed a year ago, and going forward neither will be an issue at all for the company. We see LMN as one of the best long term buys in Canada. Not risk free, but it has already done very well and its acquisition strategy is working solidly so far. 
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Technology
HOLD
Lumine Group

Has since sold shares and bought Constellation Software. Strong business in software acquisition sector. Focus is on small software companies with zero competition. Expects strong performance going forward. Good long term investment. 

Technology
BUY ON WEAKNESS
Lumine Group

Stock took off. He took profits a couple of weeks ago. A bit rich now. Buy it under $30, at $28, and around $26.

(Analysts’ price target is $26.00)
Technology
PARTIAL BUY
Lumine Group
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Sometimes the good ones don't give investors much chance to buy. We would be OK in the $30 range if one has a long term holding period. Buying a partial position and waiting is also an option (but of course doesn't always work, either). 
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Technology
DON'T BUY
Lumine Group

He holds shares from the CSU spinoff, but he hasn't bought any more. CSU has a unique business model, and you can't just easily replicate that in the spinoffs. He's more inclined to stay with CSU.

Technology
BUY
Lumine Group
CSU vs. TOI vs. LMN.

CSU still owns 61% of Lumina, so they're still driving the bus. Lumina geared towards media side. LMN is supposed to be the mini-Constellation. 

CSU has gone through its price target. LMN is under its price target. So LMN is probably a little cheaper.

He'd invest in all 3. Say you had $100K. He'd put 60% in CSU, and split the rest between TOI and LMN.

Technology
BUY
Lumine Group
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Revenue rose 112% to $129.9M, but only 1% was organic growth. Operating income rose 100% to $36.4M. An accounting loss was reported though but this was non-cash and related to CSU's preferred and special shares. Cash flow rose 176% to $22.4M. There are no analysts so no estimates, and as usual there was not a lot of detail on the quarter and no guidance outlook. But the acquisition strategy is certainly resulting in good growth, and there is nothing in the release that would cause us any concerns. 
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Technology
TOP PICK
Lumine Group
no price target

Spun off from Constellation and specialize in software for medical and communications only. Also they do large deals. They will get more attention from analysts. Similar financial profile to Constellation. They have a lot of internal cash flow. They will buy corporate carve-outs from larger companies, different from Constellation.

Technology
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Lumine Group(LMN-X) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 12

Stockchase rating for Lumine Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Lumine Group(LMN-X) Frequently Asked Questions

What is Lumine Group stock symbol?

Lumine Group is a Canadian stock, trading under the symbol LMN-X on the TSX Venture Exchange (LMN-CV). It is usually referred to as TSXV:LMN or LMN-X

Is Lumine Group a buy or a sell?

In the last year, 12 stock analysts published opinions about LMN-X. 8 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Lumine Group.

Is Lumine Group a good investment or a top pick?

Lumine Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Lumine Group.

Why is Lumine Group stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Lumine Group worth watching?

12 stock analysts on Stockchase covered Lumine Group In the last year. It is a trending stock that is worth watching.

What is Lumine Group stock price?

On 2024-06-24, Lumine Group (LMN-X) stock closed at a price of $36.13.