Lumentum Holdings Inc. (LITE): Price and Financial Metrics


Lumentum Holdings Inc. (LITE): $80.02

-1.12 (-1.38%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

LITE POWR Grades


  • Quality is the dimension where LITE ranks best; there it ranks ahead of 94.83% of US stocks.
  • The strongest trend for LITE is in Growth, which has been heading up over the past 31 weeks.
  • LITE ranks lowest in Sentiment; there it ranks in the 2nd percentile.

LITE Stock Summary

  • The ratio of debt to operating expenses for Lumentum Holdings Inc is higher than it is for about 81.17% of US stocks.
  • In terms of twelve month growth in earnings before interest and taxes, Lumentum Holdings Inc is reporting a growth rate of 133.33%; that's higher than 87.33% of US stocks.
  • In terms of volatility of its share price, LITE is more volatile than just 15.96% of stocks we're observing.
  • If you're looking for stocks that are quantitatively similar to Lumentum Holdings Inc, a group of peers worth examining would be FSM, FN, EXK, MPWR, and AJRD.
  • LITE's SEC filings can be seen here. And to visit Lumentum Holdings Inc's official web site, go to www.lumentum.com.

LITE Price Target

For more insight on analysts targets of LITE, see our LITE price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $89.56 Average Broker Recommendation 1.59 (Moderate Buy)

LITE Stock Price Chart Interactive Chart >

Price chart for LITE

LITE Price/Volume Stats

Current price $80.02 52-week high $112.08
Prev. close $81.14 52-week low $65.67
Day low $79.72 Volume 1,008,100
Day high $81.25 Avg. volume 1,659,078
50-day MA $83.62 Dividend yield N/A
200-day MA $86.43 Market Cap 6.07B

Lumentum Holdings Inc. (LITE) Company Bio


Lumentum Holdings Inc. manufactures and sells optical and photonic products for optical networking and commercial laser customers worldwide. It operates in two segments, Optical Communications and Commercial Lasers. The company was established in 2015 and is based in Milpitas, California.

LITE Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$80.02$11218.45 14038%

Below please find a table outlining a discounted cash flow forecast for LITE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Lumentum Holdings Inc ranked in the 98th percentile in terms of potential gain offered. Our DCF analysis implies the stock could yield a return of 14107.33% if fairly valued; such returns are always unlikely, though, so further investigation is likely warranted. The most interesting components of our discounted cash flow analysis for Lumentum Holdings Inc ended up being:

  • The company's compound free cash flow growth rate over the past 4.69 years comes in at 1.87%; that's greater than 94.65% of US stocks we're applying DCF forecasting to.
  • As a business, LITE is generating more cash flow than 76.79% of positive cash flow stocks in the Technology.
  • Lumentum Holdings Inc's weighted average cost of capital (WACC) is 9%; for context, that number is higher than only 24.17% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%13761%
1%13899%
2%14038%
3%14177%
4%14315%
5%14454%

SONY, FEYE, IBEX, FVRR, and AVID can be thought of as valuation peers to LITE, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.


LITE Latest News Stream


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Latest LITE News From Around the Web

Below are the latest news stories about Lumentum Holdings Inc that investors may wish to consider to help them evaluate LITE as an investment opportunity.

Better Buy: Micron Technology vs. Lumentum

Micron (NASDAQ: MU) and Lumentum (NASDAQ: LITE) both provide essential components for electronic devices. Micron is one of the world's largest producers of DRAM and NAND memory chips, while Lumentum produces optical chips, 3D-sensing chips, and commercial lasers. Over the past 12 months, Micron's stock has rallied more than 50% as memory prices passed a cyclical trough and started rising again.

Yahoo | June 13, 2021

Lumentum Partners With Ericsson, Nokia, And Other Industry Participants In Mobile Optical Pluggables (MOPA) Joint Technical Paper

Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced its participation in a joint technical paper on Mobile Optical Pluggables (MOPA) with market-leading system providers Ericsson and Nokia and other industry participants.

Yahoo | June 8, 2021

Isaac Harris Joins Lumentum Board of Directors

Lumentum Holdings Inc. ("Lumentum") today announced the appointment of Isaac ("Ike") Harris, Corporate Vice President, Global Supply Chain Operations for ZT Systems, to its Board of Directors as an independent member, effective immediately. The election of Mr. Harris expands Lumentum's Board to eight members, seven of whom are independent.

Yahoo | June 7, 2021

Lumentum: From Turbulence To Excellence

Photo by AnuchaCheechang/iStock via Getty Images The Need for Speed In the early 1980s, the internet was created as a standard way for computers to communicate with each other. As time went on, and the number of internet users skyrocketed, the need for faster data highways with nearly unlimited bandwidth...

Altimetry on Seeking Alpha | May 28, 2021

Ambarella, Lumentum, ON Semiconductor Forge AIoT Device Partnership

AI vision silicon company Ambarella Inc (NASDAQ: AMBA), optical and photonic product manufacturer Lumentum Holdings Inc (NASDAQ: LITE), and CMOS image sensor solution provider ON Semiconductor Corp (NASDAQ: ON) have announced two new joint reference designs to fast-track AIoT device distribution. The combination of data from Lumentum's VCSEL array illuminators, ON Semiconductor image sensor using Ambarella's AI SoC will be utilized for more accurate and intelligent decision-making in AIoT devices for biometric access control, 3D electronic locks, and other intelligent sensing applications. The new reference designs can also cater to the requirements of smart cities, smart buildings, smart homes, and intelligent healthcare. They also significantly reduce power consumption and thermal des...

Yahoo | May 26, 2021

Read More 'LITE' Stories Here

LITE Price Returns

1-mo 0.84%
3-mo -3.01%
6-mo -18.46%
1-year 7.54%
3-year 38.68%
5-year 225.28%
YTD -15.59%
2020 19.55%
2019 88.76%
2018 -14.09%
2017 26.52%
2016 75.52%

Continue Researching LITE

Want to see what other sources are saying about Lumentum Holdings Inc's financials and stock price? Try the links below:

Lumentum Holdings Inc (LITE) Stock Price | Nasdaq
Lumentum Holdings Inc (LITE) Stock Quote, History and News - Yahoo Finance
Lumentum Holdings Inc (LITE) Stock Price and Basic Information | MarketWatch

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