LUMENTUM HOLDINGS INC (LITE) Stock Price, Forecast & Analysis
NASDAQ:LITE • US55024U1097
LITE Key Statistics, Chart & Performance
The current stock price of LITE is 635.64 USD. In the past month the price increased by 75.38%. In the past year, price increased by 766.59%.
LITE Technical Analysis
ChartMill assigns a technical rating of 10 / 10 to LITE. When comparing the yearly performance of all stocks, LITE is one of the better performing stocks in the market, outperforming 99.72% of all stocks.
LITE Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to LITE. While LITE is still in line with the averages on profitability rating, there are concerns on its financial health.
LITE Financial Highlights
Over the last trailing twelve months LITE reported a non-GAAP Earnings per Share(EPS) of 4.22. The EPS increased by 344.21% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 11.95% | ||
| ROA | 5.24% | ||
| ROE | 29.72% | ||
| Debt/Equity | 0.06 |
LITE Forecast & Estimates
29 analysts have analysed LITE and the average price target is 362.95 USD. This implies a price decrease of -42.9% is expected in the next year compared to the current price of 635.64.
For the next year, analysts expect an EPS growth of 189.43% and a revenue growth 61.11% for LITE
LITE Ownership
LITE Latest News, Press Relases and Analysis
LITE Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| CSCO | CISCO SYSTEMS INC | 17.27 | 310.398B | ||
| ANET | ARISTA NETWORKS INC | 40.22 | 172.812B | ||
| MSI | MOTOROLA SOLUTIONS INC | 27.52 | 75.56B | ||
| CIEN | CIENA CORP | 58.49 | 44.848B | ||
| UI | UBIQUITI INC | 54.92 | 43.498B | ||
| FFIV | F5 INC | 16.37 | 15.78B | ||
| VSAT | VIASAT INC | N/A | 6.226B | ||
| VIAV | VIAVI SOLUTIONS INC | 25.62 | 6.092B | ||
| ONDS | ONDAS INC | N/A | 4.813B |
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About LITE
Company Profile
Lumentum Holdings, Inc. engages in the provision of optical and photonic products. The company is headquartered in San Jose, California and currently employs 10,562 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.
Company Info
LUMENTUM HOLDINGS INC
1001 Ridder Park Dr
San Jose CALIFORNIA 95131 US
CEO: Alan Lowe
Employees: 10562
Phone: 14085465483
LUMENTUM HOLDINGS INC / LITE FAQ
What does LITE do?
Lumentum Holdings, Inc. engages in the provision of optical and photonic products. The company is headquartered in San Jose, California and currently employs 10,562 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.
Can you provide the latest stock price for LUMENTUM HOLDINGS INC?
The current stock price of LITE is 635.64 USD. The price increased by 6.96% in the last trading session.
Does LITE stock pay dividends?
LITE does not pay a dividend.
What is the ChartMill rating of LUMENTUM HOLDINGS INC stock?
LITE has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
What is the expected growth for LITE stock?
The Revenue of LUMENTUM HOLDINGS INC (LITE) is expected to grow by 61.11% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
Can you provide the short interest for LITE stock?
The outstanding short interest for LUMENTUM HOLDINGS INC (LITE) is 14.97% of its float.