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Lumentum Holdings (LITE)
NASDAQ:LITE
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LITE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.29 - $90.51
Previous Close$89.09
Volume2.31M
Average Volume (3M)1.70M
Market Cap
$6.12B
Enterprise Value$7.83B
Total Cash (Recent Filing)$916.10M
Total Debt (Recent Filing)$2.62B
Price to Earnings (P/E)―
Beta2.54
Next Earnings
Feb 06, 2025EPS Estimate
$0.35Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-8.29
Shares Outstanding68,700,000
10 Day Avg. Volume2,533,406
30 Day Avg. Volume1,702,980
Standard Deviation0.10
R-Squared0.20
Alpha-0.00495
Financial Highlights & Ratios
Price to Book (P/B)6.32
Price to Sales (P/S)4.11
Price to Cash Flow (P/CF)35.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.68
Enterprise Value/Gross Profit31.12
Enterprise Value/Ebitda-86.00
Forecast
1Y Price Target
$81.80Price Target Upside-8.18% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Lumentum Holdings News
Bulls Say, Bears Say
Bulls Say
Customer AcquisitionThe company disclosed a major Cloud Provider win for single-mode 800G transceivers.
Financial PerformanceLumentum posted $0.06 in EPS which was higher than the Street estimate of $0.02.
Market ExpansionExposure to the surging AI/cloud infrastructure market with 200G EMLs ramping for higher capacities and a healthy customer pipeline with major hyperscalers.
Bears Say
Cash Flow ChallengesDespite strong growth, free cash flow margins are weighed down by high capital expenditures, resulting in negative free cash flow margins in fiscal year 2025.
Competitive MarketDespite participating in a fast growing industry, the datacom market is highly competitive with two large incumbents, where high bargaining power and lumpy purchasing patterns mean that gross margins may not expand significantly.
Financial PerformanceThe surge in growth comes at a high cost, with gross margins taking a somewhat more muted expansion trajectory due to expensive capacity ramps and margin dilutive Cloudlight modules, while operating expenses are expected to climb given elevated R&D investments.
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Ownership Overview
1.38% Insiders
38.92% Mutual Funds
25.93% Other Institutional Investors
10.78% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
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 $38.28 and its highest was $90.51 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 Feb 06, 2025 which is in 74 days.
How were Lumentum Holdings’s earnings last quarter?
Lumentum Holdings released its earnings results on Nov 07, 2024. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.122 by $0.058.
Is Lumentum Holdings overvalued?
According to Wall Street analysts Lumentum Holdings’s price is currently Overvalued.
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 $0.35.
How many shares outstanding does Lumentum Holdings have?
Lumentum Holdings has 68,700,000 shares outstanding.
What happened to Lumentum Holdings’s price movement after its last earnings report?
Lumentum Holdings reported an EPS of $0.18 in its last earnings report, beating expectations of $0.122. Following the earnings report the stock price went up 13.865%.
Which hedge fund is a major shareholder of Lumentum Holdings?
Among the largest hedge funds holding Lumentum Holdings’s share is Atreides Management, LP. It holds Lumentum Holdings’s shares valued at 107M.
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Lumentum Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$81.80 (-8.18% Downside)
$81.80 (-8.18% Downside)
Blogger Sentiment
Bullish
LITE Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 8.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 17.4%
Last 30 Days ▲ 17.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
104.52%
12-Months-Change
Fundamentals
Return on Equity
-50.85%
Trailing 12-Months
Asset Growth
-12.66%
Trailing 12-Months
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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LITE Company Deck
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LITE Earnings Call
Q1 2024
0:00 / 0:00
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LITE Stock 12 Month Forecast
Average Price Target
$81.80
▼(-8.18% Downside)
Technical Analysis
Best Analysts Covering LITE
1 Year
1 Year Success Rate
32/47 ratings generated profit
1 Year Average Return
+13.41%
reiterated a buy rating 2 months ago
Copying Simon Leopold's trades and holding each position for 1 Year would result in 68.09% of your transactions generating a profit, with an average return of +13.41% per trade.
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