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Lumentum Holdings (LITE)
NASDAQ:LITE
Lumentum Holdings (LITE) Stock Price & Analysis
2,103 Followers
LITE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.00 - $75.56
Previous Close$46.62
Volume1.17M
Average Volume (3M)1.54M
Market Cap
$3.11B
Enterprise ValueN/A
Total Cash (Recent Filing)$2.01B
Total Debt (Recent Filing)$2.87B
Price to Earnings (P/E)-24.2
Beta1.02
Next Earnings
Nov 02, 2023EPS Estimate
$0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.92
Shares Outstanding66,700,000
10 Day Avg. Volume1,193,660
30 Day Avg. Volume1,542,590
Standard Deviation0.12
R-Squared0.24
Alpha-0.00603
Financial Highlights & Ratios
Price to Book (P/B)16.01
Price to Sales (P/S)8.11
Price to Cash Flow (P/CF)13.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.00
Enterprise Value/Gross Profit0.00
Enterprise Value/Ebitda0.00
Forecast
1Y Price Target
$52.19Price Target Upside12.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Lumentum Holdings News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Insights
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LITE FAQ
What was Lumentum Holdings’s price range in the past 12 months?
Lumentum Holdings lowest stock price was $42.00 and its highest was $75.56 in the past 12 months.
What is Lumentum Holdings’s market cap?
Currently, no data Available
When is Lumentum Holdings’s upcoming earnings report date?
Lumentum Holdings’s upcoming earnings report date is Nov 02, 2023 which is in 40 days.
How were Lumentum Holdings’s earnings last quarter?
Lumentum Holdings released its earnings results on Aug 17, 2023. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.555 by $0.035.
Is Lumentum Holdings overvalued?
According to Wall Street analysts Lumentum Holdings’s price is currently Undervalued.
Does Lumentum Holdings pay dividends?
Lumentum Holdings does not currently pay dividends.
What is Lumentum Holdings’s EPS estimate?
Lumentum Holdings’s EPS estimate is $0.27.
How many shares outstanding does Lumentum Holdings have?
Lumentum Holdings has 66,700,000 shares outstanding.
What happened to Lumentum Holdings’s price movement after its last earnings report?
Lumentum Holdings reported an EPS of $0.59 in its last earnings report, beating expectations of $0.555. Following the earnings report the stock price went down -1.303%.
Which hedge fund is a major shareholder of Lumentum Holdings?
Among the largest hedge funds holding Lumentum Holdings’s share is Fisher Asset Management LLC. It holds Lumentum Holdings’s shares valued at 39M.
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Lumentum Holdings Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$52.19 (12.45% Upside)
$52.19 (12.45% Upside)
Blogger Sentiment
Bearish
LITE Sentiment 67%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 128.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.77%
12-Months-Change
Fundamentals
Return on Equity
-8.15%
Trailing 12-Months
Asset Growth
11.29%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Lumentum Holdings
Lumentum Holdings, Inc. engages in the provision of optical and photonic products. It operates through the Optical Communications (OpComms) and Commercial Lasers segments. The OpComms segment includes a range of components, modules, and subsystems to support customers including carrier networks of access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) applications. The Commercial Lasers segment focuses in serving customers in markets and applications such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining such as drilling in printed circuit boards, wafer singulation, glass cutting, and solar cell scribing. The company was founded on February 10, 2015 and is headquartered in Milpitas, CA.
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Top 5 ETFs holding LITE
Vanguard Total Stock Market ETF
$109.87M
Vanguard Information Technology ETF
$44.21M
Vanguard Russell 1000 Value ETF
$1.56M
Vanguard Russell 1000 ETF
$505.36K
Vanguard Russell 3000 ETF
$235.84K
Up to five ETFs with an Outperform Smart Score that hold LITE. The ETFs are listed according to market value of LITE within the ETF
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