Lumentum/LITE

$41.68

-0.14%
-
1D1W1MYTD1YMAX

About Lumentum

Lumentum Holdings Inc. is a provider of optical and photonic products addressing a range of end market applications including Optical Communications (OpComms) and Commercial Lasers (Lasers) for manufacturing, inspection and life-science applications. Its segments include OpComms and Lasers. Its OpComms segment includes a range of components, modules and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul (city-to-city and worldwide) and submarine (undersea) applications. In addition, its products address enterprise, cloud, and data center applications, including storage-access networks (SANs), local-area networks (LANs) and wide-area networks (WANs), as well as artificial intelligence and machine learning (AI/ML). Its Laser products are used in a variety of original equipment manufacturers (OEMs) applications, including diode-pumped solid-state, fiber, diode, direct-diode and gas lasers, such as argon-ion and helium-neon lasers.

Ticker

LITE

Sector

Technology

Trading on

NASDAQ

Industry

Communications Equipment

CEO

Alan Lowe

Employees

7,500

Headquarters

San jose, United States

Lumentum Metrics

BasicAdvanced
$2.81B
Market cap
-
P/E ratio
-$3.95
EPS
1.10
Beta
-
Dividend rate
$2.81B
1.10071
$65.16
$35.35
1.55M
3.132
2.416
195.782
220.801
-5.87%
-18.89%
-7.01%
1.956
2.202
-21.4%
-1,183.44%
1.73%

What the Analysts think about Lumentum

Analyst Ratings

Majority rating from 17 analysts.
Buy

Price Targets

Average projection from 16 analysts.
31.21% upside
High $80.00
Low $40.00
$41.68
Current price
$54.69
Average price target

Lumentum Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-27.01% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$366.8M
15.49%
Net income
$-99.1M
45.95%
Profit margin
-27.01%
26.39%

Lumentum Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 6.19%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
$0.75
$0.59
$0.35
$0.32
-
Expected
$0.80
$0.56
$0.27
$0.30
$0.26
Surprise
-5.76%
6.23%
29.12%
6.19%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Lumentum stock?

Lumentum (LITE) has a market cap of $2.81B as of April 23, 2024.

What is the P/E ratio for Lumentum stock?

The price to earnings (P/E) ratio for Lumentum (LITE) stock is 0 as of April 23, 2024.

Does Lumentum stock pay dividends?

No, Lumentum (LITE) stock does not pay dividends to its shareholders as of April 23, 2024.

When is the next Lumentum dividend payment date?

Lumentum (LITE) stock does not pay dividends to its shareholders.

What is the beta indicator for Lumentum?

Lumentum (LITE) has a beta rating of 1.1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Lumentum stock price target?

The target price for Lumentum (LITE) stock is $54.69, which is 32.29% above the current price of $41.34. This is an average based on projections from 16 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Lumentum stock

Buy or sell Lumentum stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing