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Lumentum Holdings Inc. (LITE)

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67.39 +1.23 (+1.86%)
As of 11:18 AM EDT. Market Open.
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DELL
  • Previous Close 66.16
  • Open 67.57
  • Bid 63.77 x 100
  • Ask 71.40 x 100
  • Day's Range 66.81 - 68.36
  • 52 Week Range 35.35 - 68.36
  • Volume 687,933
  • Avg. Volume 1,660,270
  • Market Cap (intraday) 4.583B
  • Beta (5Y Monthly) 0.89
  • PE Ratio (TTM) --
  • EPS (TTM) -8.12
  • Earnings Date Nov 6, 2024 - Nov 11, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 60.73

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 through two segments: Cloud & Networking and Industrial Tech. The Cloud & Networking segment offers components, modules, and subsystems to support the high-speed transmission of data over high-capacity fiber optic links in cloud data center, AI/ML, enterprise and communications services networking applications that enable the transmission and transport of data, video, and audio over high-capacity fiber-optic cables. It offers high-speed transceivers, reconfigurable optical add/drop multiplexers, coherent dense wavelength division multiplexing pluggable transceivers, and tunable small form-factor pluggable transceivers. We also sell laser chips for use in high-speed datacom transceivers and data interconnection solutions. The Industrial Tech segment offers solid-state lasers, kilowatt-class fiber lasers, ultrafast lasers, diode lasers, and gas lasers, as well as laser diode products. It serves to customers in semiconductor device, solar cell, display, electric vehicle, and battery manufacturing markets, as well as broader materials processing and precision micromachining end-markets. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.

www.lumentum.com

7,257

Full Time Employees

June 29

Fiscal Year Ends

Recent News: LITE

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Performance Overview: LITE

Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

LITE
28.56%
S&P 500
19.92%

1-Year Return

LITE
50.60%
S&P 500
35.24%

3-Year Return

LITE
21.06%
S&P 500
31.28%

5-Year Return

LITE
38.18%
S&P 500
96.52%

Compare To: LITE

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Statistics: LITE

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Valuation Measures

Annual
As of 10/3/2024
  • Market Cap

    4.50B

  • Enterprise Value

    6.17B

  • Trailing P/E

    --

  • Forward P/E

    50.51

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.28

  • Price/Book (mrq)

    4.70

  • Enterprise Value/Revenue

    4.54

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -40.21%

  • Return on Assets (ttm)

    -5.02%

  • Return on Equity (ttm)

    -47.25%

  • Revenue (ttm)

    1.36B

  • Net Income Avi to Common (ttm)

    -546.5M

  • Diluted EPS (ttm)

    -8.12

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    887M

  • Total Debt/Equity (mrq)

    267.38%

  • Levered Free Cash Flow (ttm)

    40.9M

Research Analysis: LITE

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 366.5M
Earnings -127M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

40.00 Low
60.73 Average
67.39 Current
84.00 High
 

Company Insights: LITE

Research Reports: LITE

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  • Raising target price to $53.00

    LUMENTUM HOLDINGS INC has an Investment Rating of SELL; a target price of $53.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Raising target price to $51.00

    LUMENTUM HOLDINGS INC has an Investment Rating of SELL; a target price of $51.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Lowering target price to $46.00

    LUMENTUM HOLDINGS INC has an Investment Rating of SELL; a target price of $46.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Raising target price to $50.00

    LUMENTUM HOLDINGS INC has an Investment Rating of SELL; a target price of $50.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     

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