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Lumentum Holdings NasdaqGS:LITE Stock Report

Last Price

US$85.08

Market Cap

US$5.7b

7D

-8.4%

1Y

60.5%

Updated

20 Dec, 2024

Data

Company Financials +

Lumentum Holdings Inc.

NasdaqGS:LITE Stock Report

Market Cap: US$5.7b

LITE Stock Overview

Manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. More details

LITE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Rewards

Trading at 67.6% below our estimate of its fair value

Earnings are forecast to grow 117.46% per year

Risk Analysis

Debt is not well covered by operating cash flow

Shareholders have been diluted in the past year

Significant insider selling over the past 3 months


My Notes

Capture your thoughts, links and company narrative

Lumentum Holdings Inc. Competitors

Juniper Networks

NYSE:JNPR

US$12.3b

Viavi Solutions

NasdaqGS:VIAV

US$2.3b

Ciena

NYSE:CIEN

US$12.2b

F5

NasdaqGS:FFIV

US$14.7b

Price History & Performance

Summary of share price highs, lows and changes for Lumentum Holdings
Historical stock prices
Current Share PriceUS$85.08
52 Week HighUS$96.25
52 Week LowUS$38.29
Beta0.94
1 Month Change3.16%
3 Month Change38.68%
1 Year Change60.53%
3 Year Change-18.58%
5 Year Change7.68%
Change since IPO400.47%

Recent News & Updates

Lumentum: Glowing Path Ahead

Dec 18

Market Participants Recognise Lumentum Holdings Inc.'s (NASDAQ:LITE) Revenues Pushing Shares 26% Higher

Nov 20
Market Participants Recognise Lumentum Holdings Inc.'s (NASDAQ:LITE) Revenues Pushing Shares 26% Higher

Recent updates

Lumentum: Glowing Path Ahead

Dec 18

Market Participants Recognise Lumentum Holdings Inc.'s (NASDAQ:LITE) Revenues Pushing Shares 26% Higher

Nov 20
Market Participants Recognise Lumentum Holdings Inc.'s (NASDAQ:LITE) Revenues Pushing Shares 26% Higher

US$86.00 - That's What Analysts Think Lumentum Holdings Inc. (NASDAQ:LITE) Is Worth After These Results

Nov 12
US$86.00 - That's What Analysts Think Lumentum Holdings Inc. (NASDAQ:LITE) Is Worth After These Results

3 Takeaways From Lumentum's Q1 Report (Reaffirm Buy Rating)

Nov 08

Lumentum Holdings: No Issues Achieving Quarterly Revenue Target

Oct 02

Lumentum Holdings Inc. (NASDAQ:LITE) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable

Sep 01
Lumentum Holdings Inc. (NASDAQ:LITE) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable

Why Lumentum Holdings Rose After Posting Fourth-Quarter Results

Aug 19

Investors Appear Satisfied With Lumentum Holdings Inc.'s (NASDAQ:LITE) Prospects As Shares Rocket 26%

Jul 12
Investors Appear Satisfied With Lumentum Holdings Inc.'s (NASDAQ:LITE) Prospects As Shares Rocket 26%

Lumentum Holdings: A Poor Performance, Living On The Promise

Jul 07

Does Lumentum Holdings (NASDAQ:LITE) Have A Healthy Balance Sheet?

Jun 04
Does Lumentum Holdings (NASDAQ:LITE) Have A Healthy Balance Sheet?

Investors Interested In Lumentum Holdings Inc.'s (NASDAQ:LITE) Revenues

Apr 27
Investors Interested In Lumentum Holdings Inc.'s (NASDAQ:LITE) Revenues

Is Lumentum Holdings (NASDAQ:LITE) A Risky Investment?

Mar 04
Is Lumentum Holdings (NASDAQ:LITE) A Risky Investment?

Lumentum Holdings: Positive Growth Outlook Despite Inventory Situation

Feb 21

Should You Investigate Lumentum Holdings Inc. (NASDAQ:LITE) At US$49.59?

Feb 15
Should You Investigate Lumentum Holdings Inc. (NASDAQ:LITE) At US$49.59?

Some Confidence Is Lacking In Lumentum Holdings Inc.'s (NASDAQ:LITE) P/S

Jan 25
Some Confidence Is Lacking In Lumentum Holdings Inc.'s (NASDAQ:LITE) P/S

Are Investors Undervaluing Lumentum Holdings Inc. (NASDAQ:LITE) By 36%?

Jan 04
Are Investors Undervaluing Lumentum Holdings Inc. (NASDAQ:LITE) By 36%?

Lumentum Holdings expands in Slovenia

Oct 10

Shareholder Returns

LITEUS CommunicationsUS Market
7D-8.4%-0.3%-2.4%
1Y60.5%39.5%23.3%

Return vs Industry: LITE exceeded the US Communications industry which returned 39.5% over the past year.

Return vs Market: LITE exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is LITE's price volatile compared to industry and market?
LITE volatility
LITE Average Weekly Movement7.7%
Communications Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: LITE has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: LITE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20157,257Alan Lowewww.lumentum.com

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.

Lumentum Holdings Inc. Fundamentals Summary

How do Lumentum Holdings's earnings and revenue compare to its market cap?
LITE fundamental statistics
Market capUS$5.74b
Earnings (TTM)-US$561.00m
Revenue (TTM)US$1.38b

4.2x

P/S Ratio

-10.4x

P/E Ratio

Is LITE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LITE income statement (TTM)
RevenueUS$1.38b
Cost of RevenueUS$1.02b
Gross ProfitUS$357.10m
Other ExpensesUS$918.10m
Earnings-US$561.00m

Last Reported Earnings

Sep 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-8.17
Gross Margin25.91%
Net Profit Margin-40.70%
Debt/Equity Ratio288.0%

How did LITE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/28
Annual Earnings2024/06/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lumentum Holdings Inc. is covered by 27 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Thomas O'MalleyBarclays
Karl AckermanBNP Paribas Exane