Lumentum Holdings Inc.

NASDAQ:LITE

$50.49 USD

$2.02 (4.17%)

Volume
2.95M
Average Volume
1.47M
Market Capitalization
$3.4B
P/E Ratio
-12.73
Dividend Yield
0.00%
Price Target
$93.00
Year High
$65.16
Year Low
$35.35
Payout Ratio
$0.00
Current Ratio
$3.13

Industry, Sector & symbol

Stock Exchange NASDAQ Global Select
CEO Mr. Alan S. Lowe
Industry Communication Equipment
Sector Technology
Current Symbol LITE
CUSIP 55024U109
CIK 0001633978
Web https://www.lumentum.com
Phone 408 546 5483
Currency USD
Employees 7500
Country US

Liquidity

Debt-to-Equity Ratio 2.26
Payout Ratio 0.00
Current Ratio 3.13
Quick Ratio 2.24
Cash Ratio 0.71

Sales & Book Value

Annual Sales $1.77B
Price / Sales 2.37
Cash Flow -1.45
Price / Cash Flow -35.01
Price / Book 2.66

Price Target and Rating

Average Stock Price Forecast $93.00
High Stock Price Forecast $120.00
Low Stock Price Forecast $50.00
Forecast Upside/Downside -45.71%
Consensus Rating Neutral
Rating Score(0-5) 3
Research Coverage 8 Analysts

Profitability

EPS (Most Recent Fiscal Year) $-1.93
Trailing P/E Ratio -12.73
PEG Ratio -4.07
P/E Growth -4.07
Net Income $-131.6M
Net Margin -18.52%
Pretax Margin -18.41%
Return on Equity -19.44%
Return on Assets -5.72%

Financials Score

AltmanZ Score 0.92
Piotroski Score 4.00
Working Capital 1.4B
Total Assets 4.66B
Ebit -291.6M
Market Cap 3.4B
Total Liabilities 3.38B

Poll Results

About Lumentum Holdings Inc. (NASDAQ:LITE) Stock

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, ... wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.

Why Lumentum Holdings Stock Dropped After Earnings

2024-02-08 13:08:38

Lumentum beat expectations on both the top and bottom lines this morning. Sales and profit margins remain on the decline, however, and the only thing growing at Lumentum is the losses.

Lumentum (LITE) Tops Q2 Earnings and Revenue Estimates

2024-02-08 09:41:19

Lumentum (LITE) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $1.52 per share a year ago.

Lumentum to Announce Fiscal Second Quarter 2024 Financial Results on February 8, 2024

2024-01-23 16:40:00

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal second quarter 2024 financial results on Thursday, February 8, 2024, before the market opens. Lumentum will hold a conference call the same day at 5:30 a.m. PT/8:30 a.m. ET. A live webcast of the call and the replay will be available in the Investors section of the Lumentum website at http://investor.lumentum.com. To participate via telephone: Dial-In: (833) 470-1428 or (404) 9.

Virtual Reality Ventures: 3 Stocks Pioneering Immersive Technology

2024-01-04 15:03:58

Virtual reality ( VR ) had its peak in 2023 alongside artificial intelligence ( AI ). They are already part of the technology of this new era.

Why Lumentum Stock Popped on Friday

2023-12-22 13:57:56

On Friday morning, Craig-Hallum analyst Richard Shannon upgraded Lumentum stock to buy. Shannon forecasts a rebound in telecommunications equipment spending in 2024, spurred by AI and cloud computing needs.

Frequently Asked Questions

What is the current Lumentum Holdings Inc. (LITE) stock price?

Lumentum Holdings Inc.(NASDAQ:LITE) stock price is $50.49 in the last trading session. During the trading session, LITE stock reached the peak price of $65.16 while $35.35 was the lowest point it dropped to. The percentage change in LITE stock occurred in the recent session was 4.17% while the dollar amount for the price change in LITE stock was $2.02.

LITE's industry and sector of operation?

The NASDAQ listed LITE is part of Communication Equipment industry that operates in the broader Technology sector.

Who are the executives of LITE?

Ms. Caroline Pan | Senior Vice President & Chief Marketing Officer
Mr. Jason Reinhardt | Executive Vice President & GM
Mr. Alan S. Lowe | President, Chief Executive Officer & Director
Mr. Misha Rozenberg | Senior Vice President of Global Operations & Chief Quality Officer
Ms. Judy G. Hamel | Senior Vice President, General Counsel & Secretary

How many employees does LITE have?

Number of LITE employees currently stands at 7500. LITE operates from 1001 Ridder Park Drive, San Jose, CA 95131, US.

Link for LITE official website?

Official Website of LITE is: https://www.lumentum.com

How do I contact LITE?

LITE could be contacted at phone #408 546 5483 and can also be accessed through its website. LITE operates from 1001 Ridder Park Drive, San Jose, CA 95131, US.

How many shares of LITE are traded daily?

The average number of LITE shares traded daily for last 3 months was 1.47M.

What is the market cap of LITE currently?

The market value of LITE currently stands at $3.4B with its latest stock price at $50.49