Lumentum Holdings Inc.

NASDAQ:LITE

$94.41 USD

$5.05 (5.65%)

Volume
1.85M
Average Volume
1.71M
Market Capitalization
$6.49B
P/E Ratio
-11.49
Dividend Yield
0.00%
Price Target
$54.00
Year High
$96.25
Year Low
$38.29
Payout Ratio
$0.00
Current Ratio
$5.36

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 7257
Country US

Liquidity

Debt-to-Equity Ratio 2.93
Payout Ratio 0.00
Current Ratio 5.36
Quick Ratio 4.04
Cash Ratio 1.60

Sales & Book Value

Annual Sales $1.36B
Price / Sales 4.71
Cash Flow -0.08
Price / Cash Flow -1158.21
Price / Book 7.20

Price Target and Rating

Average Stock Price Forecast $54.00
High Stock Price Forecast $70.00
Low Stock Price Forecast $40.00
Forecast Upside/Downside 74.83%
Consensus Rating Strong Sell
Rating Score(0-5) 1
Research Coverage 18 Analysts

Profitability

EPS (Most Recent Fiscal Year) $-8.12
Trailing P/E Ratio -11.49
PEG Ratio 4.89
P/E Growth 4.89
Net Income $-546.5M
Net Margin -40.70%
Pretax Margin -30.15%
Return on Equity -52.09%
Return on Assets -14.13%

Financials Score

AltmanZ Score 1.29
Piotroski Score 3.00
Working Capital 1.33B
Total Assets 3.97B
Ebit -386M
Market Cap 6.14B
Total Liabilities 3.07B

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.

Lumentum Holdings: Growth Should Remain Robust Due To Cloud And AI Growth

2025-01-16 13:34:22

I reiterate my buy rating for Lumentum Holdings due to its strong growth potential. LITE's direct relationships with hyperscalers enhance collaboration and customization, providing a competitive advantage and revenue visibility. Recent design wins with Tier-1 hyperscalers validate LITE's product capabilities.

This Magnificent Artificial Intelligence (AI) Stock Has Shot Up 84% in Just Over 4 Months, and It Could Soar Higher in 2025 and 2026

2025-01-01 18:05:00

Lumentum Holdings (LITE 0.13%) may not be a household name among investors, but a closer look at its stock price chart for the past four and a half months will tell us that it has been on a tearing run on the market.

Lumentum: Glowing Path Ahead

2024-12-18 10:38:20

Lumentum's consensus growth outlook is significantly higher than its past historical growth rate. We believe the company has a strong competitive position in the VCSEL market while being exposed to high growth opportunities in the Optical Transceiver market. In terms of geography, the company's US segment has been growing the fastest with a 13.9% average growth rate and remains the company's largest market.

Lumentum Appoints New Board Member

2024-12-12 16:32:00

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, today announced the appointment of Paul Lundstrom to the company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent.

Hunting For Magnificent Growth Next Year? Check Out These 7 Stocks.

2024-12-03 16:20:34

None of our picks is Nvidia or Amazon or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.

Frequently Asked Questions

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

Lumentum Holdings Inc.(NASDAQ:LITE) stock price is $94.41 in the last trading session. During the trading session, LITE stock reached the peak price of $96.25 while $38.285 was the lowest point it dropped to. The percentage change in LITE stock occurred in the recent session was 5.65% while the dollar amount for the price change in LITE stock was $5.05.

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?

Mr. Matthew Joseph Sepe | Vice President of Finance, Corporate Controller & Chief Accounting Officer
Mr. Jae Kim Esq. | Senior Vice President, General Counsel & Secretary
Dr. Wupen Yuen Ph.D. | President of Cloud & Networking
Mr. Misha Rozenberg | Executive Vice President of Global Operations & Chief Quality Officer
Dr. Dennis Tong | Group Vice President & GM of Cloud and Networking

How many employees does LITE have?

Number of LITE employees currently stands at 7257. 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 1.71M.

What is the market cap of LITE currently?

The market value of LITE currently stands at $6.49B with its latest stock price at $94.41