Investor Insights

This summary was created by AI, based on 16 opinions in the last 12 months.

Lumine Group (LMN-X), spun off from Constellation Software (CSU), focuses on carve-outs primarily in the media and communications sectors. Experts highlight its rapid growth, with some viewing it as a strong performer that can achieve significant returns through strategic acquisitions. While many foresee strong prospects, there is concern about the current valuation, which has risen sharply since the spin-off, leading to mixed sentiments on whether to buy now or wait for lower prices. Some believe that even at higher valuations, Lumine offers a compelling opportunity for long-term shareholders, especially given its effective management and potential for high returns on capital. Despite some calls for profit-taking amid price fluctuations, the overall excitement about its future remains strong.

Consensus
Positive
Valuation
Overvalued
COMMENT

It is a spin-off from CSU. It specializes in carve-outs and the advantage is that the selling company is not necessarily looking for the highest price. It has run up a lot so the evaluation is quite rich. 

SELL

Used to own. Sold on valuation, which is higher than CSU or TOI. Higher risk but higher reward because its deal sizes are so big. At the high valuation, wasn't worth the risk to own anymore. See his Top Picks.

DON'T BUY

The specialize in carve-outs, but the valuation is climbed too high since the company spin out.

BUY

Shares financial characteristics with CSU. In contrast to CSU, does a smaller number of larger acquisitions. Sold off on news of the (excellent) CEO temporarily stepping down, should be back mid-February. A short-term issue, so buy here, tuck it away, be happy down the road.

PAST TOP PICK
(A Top Pick Sep 10/24, Up 19%)

(Note the short timeframe.) 
Just getting started. Just announced phenomenal growth and results. Demonstrated proof of the business model by making highly accretive acquisitions and integrating well. ROIC can be more than 25%. Will keep acquiring at high rates of return, which increases intrinsic value per share. Absolutely would still buy here.

PAST TOP PICK
(A Top Pick Jul 04/23, Up 78%)

Excellent company with strong prospects. Will continue to own. Spin off from Constellation software. Will continue adding when share price is weak. Excellent margins with software products. Able to do large acquisitions. 

PARTIAL SELL

Great run, but now a pullback along with the sector. Not a tremendous runway ahead. Topped out around $37-38 a number of times. Take some profit above $35.50-$36. If it breaks out above $38, get back in.

TOP PICK

Spun off from Constellation Software. Focus on communications and the media industries. Have a huge addressable market. New capital deployed returns at least 25%. Top managers. He sees Constellation-like returns for years, maybe higher. Are in a red-hot market to make acquisitions and expects a large one to come.

(Analysts’ price target is $38.50)
HOLD

He got it as part of a spinoff from CSU. No issues with the company, well run. Valuation a bit rich. CSU is a lot more diversified, and that's his hesitancy in adding more. If you own it, hold. For a new position, wait for lower valuation.

PAST TOP PICK
(A Top Pick Jul 04/23, Up 99%)

Excellent company that continues to own. Spin out from Constellation Software. Active in media and communications sector. Larger M&A that has been very secretive. Long term - excellent business for shareholders. 

BUY

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

SELL

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 ;)

HOLD

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)
PAST TOP PICK
(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

Unspecified

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.

Showing 1 to 15 of 24 entries

Lumine Group(LMN-X) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 14

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, 14 stock analysts published opinions about LMN-X. 8 analysts recommended to BUY the stock. 4 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?

14 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 2025-03-17, Lumine Group (LMN-X) stock closed at a price of $38.77.