Lumentum Holdings Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 9/54 in the Communications & Networking industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 251.33.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Lumentum Holdings Inc's Score
Industry at a Glance
Industry Ranking
9 / 54
Overall Ranking
101 / 4582
Industry
Communications & Networking
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
22
analysts
Buy
Current Rating
251.333
Target Price
-26.63%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Lumentum Holdings Inc Highlights
StrengthsRisks
Lumentum Holdings Inc. is a designer and manufacturer of optical and photonic products enabling optical networking and laser applications worldwide. 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.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PB is 33.73, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 86.05M shares, decreasing 5.19% quarter-over-quarter.
Lumentum Holdings Inc. is a designer and manufacturer of optical and photonic products enabling optical networking and laser applications worldwide. 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.
Ticker SymbolLITE
CompanyLumentum Holdings Inc
CEOHurlston (Michael E)
Websitehttps://investor.lumentum.com/
FAQs
What is the current price of Lumentum Holdings Inc (LITE)?
The current price of Lumentum Holdings Inc (LITE) is 371.430.
What is the symbol of Lumentum Holdings Inc?
The ticker symbol of Lumentum Holdings Inc is LITE.
What is the 52-week high of Lumentum Holdings Inc?
The 52-week high of Lumentum Holdings Inc is 376.530.
What is the 52-week low of Lumentum Holdings Inc?
The 52-week low of Lumentum Holdings Inc is 45.650.
What is the market capitalization of Lumentum Holdings Inc?
The market capitalization of Lumentum Holdings Inc is 26.33B.
What is the net income of Lumentum Holdings Inc?
The net income of Lumentum Holdings Inc is 25.90M.
Is Lumentum Holdings Inc (LITE) currently rated as Buy, Hold, or Sell?
According to analysts, Lumentum Holdings Inc (LITE) has an overall rating of Buy, with a price target of 251.333.
What is the Earnings Per Share (EPS TTM) of Lumentum Holdings Inc (LITE)?
The Earnings Per Share (EPS TTM) of Lumentum Holdings Inc (LITE) is 1.642.