NASDAQ:LITE - Nasdaq - US55024U1097 - Common Stock - Currency: USD
65.69
-4.64 (-6.6%)
The current stock price of LITE is 65.69 USD. In the past month the price decreased by -22.77%. In the past year, price increased by 37.77%.
Symbol | Name | TA | FA | PE | Market Cap |
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CSCO | CISCO SYSTEMS INC | 17.63 | 252.83B | ||
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MSI | MOTOROLA SOLUTIONS INC | 30.9 | 71.42B | ||
ERIC | ERICSSON (LM) TEL-SP ADR | 51.88 | 27.66B | ||
NOK | NOKIA CORP-SPON ADR | 12.22 | 26.89B | ||
UI | UBIQUITI INC | 44.18 | 19.88B | ||
FFIV | F5 INC | 20.62 | 16.38B | ||
JNPR | JUNIPER NETWORKS INC | 20.95 | 11.86B | ||
CIEN | CIENA CORP | 41.04 | 10.61B | ||
VIAV | VIAVI SOLUTIONS INC | 33.15 | 2.43B | ||
CALX | CALIX INC | 70.37 | 2.38B | ||
EXTR | EXTREME NETWORKS INC | 134.27 | 1.96B |
Lumentum Holdings, Inc. engages in the provision of optical and photonic products. The company is headquartered in San Jose, California and currently employs 7,257 full-time employees. The company went IPO on 2015-07-23. Its segments include Cloud & Networking and Industrial Tech. The Cloud & Networking segment products include a comprehensive portfolio of optical and photonic components, modules, and subsystems supplied to cloud and communications network operators and network equipment manufacturers building cloud data center infrastructure, including products for artificial intelligence and machine learning (AI/ML) and data center interconnect (DCI) applications, and communications service provider networks, including products for access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) network infrastructure. The Industrial Tech segment products include solid-state lasers, kilowatt-class fiber lasers, diode lasers, ultrafast lasers, and gas lasers, which address applications in numerous end-markets.
LUMENTUM HOLDINGS INC
1001 Ridder Park Dr
San Jose CALIFORNIA 95131 US
CEO: Alan Lowe
Employees: 7257
Company Website: https://investor.lumentum.com/
Investor Relations: https://investor.lumentum.com/
Phone: 14085465483
The current stock price of LITE is 65.69 USD. The price decreased by -6.6% in the last trading session.
The exchange symbol of LUMENTUM HOLDINGS INC is LITE and it is listed on the Nasdaq exchange.
LITE stock is listed on the Nasdaq exchange.
23 analysts have analysed LITE and the average price target is 101.66 USD. This implies a price increase of 54.76% is expected in the next year compared to the current price of 65.69. Check the LUMENTUM HOLDINGS INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.
LUMENTUM HOLDINGS INC (LITE) has a market capitalization of 4.55B USD. This makes LITE a Mid Cap stock.
LUMENTUM HOLDINGS INC (LITE) currently has 7257 employees.
LUMENTUM HOLDINGS INC (LITE) has a support level at 48.5 and a resistance level at 81.46. Check the full technical report for a detailed analysis of LITE support and resistance levels.
The Revenue of LUMENTUM HOLDINGS INC (LITE) is expected to grow by 19.29% in the next year. Check the estimates tab for more information on the LITE EPS, Sales, EBIT and EBITDA future analyst estimates.
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
LITE does not pay a dividend.
LUMENTUM HOLDINGS INC (LITE) will report earnings on 2025-05-05, after the market close.
The PE ratio for LUMENTUM HOLDINGS INC (LITE) is 69.15. This is based on the reported non-GAAP earnings per share of 0.95 and the current share price of 65.69 USD. Check the full fundamental report for a full analysis of the valuation metrics for LITE.
The outstanding short interest for LUMENTUM HOLDINGS INC (LITE) is 14.04% of its float. Check the ownership tab for more information on the LITE short interest.
ChartMill assigns a technical rating of 1 / 10 to LITE. When comparing the yearly performance of all stocks, LITE is one of the better performing stocks in the market, outperforming 70.82% of all stocks.
ChartMill assigns a fundamental rating of 3 / 10 to LITE. The financial health of LITE is average, but there are quite some concerns on its profitability.
Over the last trailing twelve months LITE reported a non-GAAP Earnings per Share(EPS) of 0.95. The EPS decreased by -52.74% compared to the year before.
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | N/A | ||
ROA | -13.18% | ||
ROE | -59.93% | ||
Debt/Equity | 2.94 |
ChartMill assigns a Buy % Consensus number of 77% to LITE. The Buy consensus is the average rating of analysts ratings from 23 analysts.
For the next year, analysts expect an EPS growth of 74.7% and a revenue growth 19.29% for LITE