LITE Stock Overview
Manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Lumentum Holdings Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$57.61 |
| 52 Week High | US$60.99 |
| 52 Week Low | US$35.35 |
| Beta | 0.88 |
| 11 Month Change | 29.96% |
| 3 Month Change | 30.31% |
| 1 Year Change | 6.90% |
| 33 Year Change | -35.29% |
| 5 Year Change | -0.087% |
| Change since IPO | 238.88% |
Recent News & Updates
Lumentum Holdings Inc. (NASDAQ:LITE) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
Sep 01
Why Lumentum Holdings Rose After Posting Fourth-Quarter Results
Aug 19Recent updates
Lumentum Holdings Inc. (NASDAQ:LITE) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
Sep 01Why Lumentum Holdings Rose After Posting Fourth-Quarter Results
Aug 19Investors Appear Satisfied With Lumentum Holdings Inc.'s (NASDAQ:LITE) Prospects As Shares Rocket 26%
Jul 12Lumentum Holdings: A Poor Performance, Living On The Promise
Jul 07Does Lumentum Holdings (NASDAQ:LITE) Have A Healthy Balance Sheet?
Jun 04Investors Interested In Lumentum Holdings Inc.'s (NASDAQ:LITE) Revenues
Apr 27Is Lumentum Holdings (NASDAQ:LITE) A Risky Investment?
Mar 04Lumentum Holdings: Positive Growth Outlook Despite Inventory Situation
Feb 21Should You Investigate Lumentum Holdings Inc. (NASDAQ:LITE) At US$49.59?
Feb 15Some Confidence Is Lacking In Lumentum Holdings Inc.'s (NASDAQ:LITE) P/S
Jan 25Are Investors Undervaluing Lumentum Holdings Inc. (NASDAQ:LITE) By 36%?
Jan 04Lumentum Holdings Inc.'s (NASDAQ:LITE) CEO Might Not Expect Shareholders To Be So Generous This Year
Nov 11Is Lumentum Holdings (NASDAQ:LITE) Using Too Much Debt?
Oct 26Lumentum Holdings Inc. (NASDAQ:LITE) Shares Could Be 21% Below Their Intrinsic Value Estimate
Oct 05These 4 Measures Indicate That Lumentum Holdings (NASDAQ:LITE) Is Using Debt Reasonably Well
Jul 20Is There Now An Opportunity In Lumentum Holdings Inc. (NASDAQ:LITE)?
Jun 28Lumentum Holdings Inc.'s (NASDAQ:LITE) Intrinsic Value Is Potentially 50% Above Its Share Price
Jun 07Analysts Just Slashed Their Lumentum Holdings Inc. (NASDAQ:LITE) Earnings Forecasts
May 12Here's Why Lumentum Holdings (NASDAQ:LITE) Can Manage Its Debt Responsibly
Mar 13What Does Lumentum Holdings Inc.'s (NASDAQ:LITE) Share Price Indicate?
Feb 19Is Lumentum Holdings Inc. (NASDAQ:LITE) Trading At A 20% Discount?
Jan 15Lumentum Holdings (NASDAQ:LITE) Has A Pretty Healthy Balance Sheet
Nov 30Is Now The Time To Look At Buying Lumentum Holdings Inc. (NASDAQ:LITE)?
Nov 01Lumentum Holdings expands in Slovenia
Oct 10Lumentum Holdings Inc. (NASDAQ:LITE) Shares Could Be 49% Below Their Intrinsic Value Estimate
Sep 14Lumentum Holdings: A Niche Player In The Electronics Space
Aug 24Lumentum acquires telecom transmission lines of IPG Photonics
Aug 15Lumentum Holdings (NASDAQ:LITE) Seems To Use Debt Quite Sensibly
Aug 12At US$85.02, Is Lumentum Holdings Inc. (NASDAQ:LITE) Worth Looking At Closely?
Jul 25Lumentum: Even With Some Risks, FCF Will Likely Push The Price Up
Jul 19Lumentum: Because Lasers Have A Bright Future
May 27We Think Lumentum Holdings (NASDAQ:LITE) Can Stay On Top Of Its Debt
May 13Shareholder Returns
| LITE | US Communications | US Market | |
|---|---|---|---|
| 7D | -2.6% | 0.2% | 0.07% |
| 1Y | 6.9% | 12.0% | 22.7% |
Return vs Industry: LITE underperformed the US Communications industry which returned 12% over the past year.
Return vs Market: LITE underperformed the US Market which returned 22.7% over the past year.
Price Volatility
| LITE volatility | |
|---|---|
| LITE Average Weekly Movement | 8.4% |
| Communications Industry Average Movement | 6.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: LITE's share price has been volatile over the past 3 months.
Volatility Over Time: LITE's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 7,257 | Alan Lowe | www.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
| LITE fundamental statistics | |
|---|---|
| Market cap | US$3.91b |
| Earnings (TTM) | -US$546.50m |
| Revenue (TTM) | US$1.36b |
2.9x
P/S Ratio-7.2x
P/E RatioIs LITE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LITE income statement (TTM) | |
|---|---|
| Revenue | US$1.36b |
| Cost of Revenue | US$1.02b |
| Gross Profit | US$343.40m |
| Other Expenses | US$889.90m |
| Earnings | -US$546.50m |
Last Reported Earnings
Jun 29, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -8.05 |
| Gross Margin | 25.26% |
| Net Profit Margin | -40.21% |
| Debt/Equity Ratio | 261.5% |
How did LITE perform over the long term?
See historical performance and comparison