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


Lumentum Holdings Inc. (LITE): $60.52

0.65 (+1.09%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

LITE POWR Grades

  • LITE scores best on the Quality dimension, with a Quality rank ahead of 79.97% of US stocks.
  • LITE's strongest trending metric is Quality; it's been moving down over the last 177 days.
  • LITE's current lowest rank is in the Sentiment metric (where it is better than 25.07% of US stocks).

LITE Stock Summary

  • LITE's current price/earnings ratio is 34.9, which is higher than 80.36% of US stocks with positive earnings.
  • For LITE, its debt to operating expenses ratio is greater than that reported by 80.66% of US equities we're observing.
  • With a year-over-year growth in debt of 89.04%, LUMENTUM HOLDINGS INC's debt growth rate surpasses 87.17% of about US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to LUMENTUM HOLDINGS INC are OUST, HLTH, ME, QLYS, and ALGM.
  • Visit LITE's SEC page to see the company's official filings. To visit the company's web site, go to www.lumentum.com.

LITE Valuation Summary

  • LITE's price/sales ratio is 2.3; this is 11.54% lower than that of the median Technology stock.
  • LITE's price/sales ratio has moved up 1.1 over the prior 91 months.

Below are key valuation metrics over time for LITE.

Stock Date P/S P/B P/E EV/EBIT
LITE 2023-01-25 2.3 2.6 34.6 25.8
LITE 2023-01-24 2.3 2.6 34.3 25.7
LITE 2023-01-23 2.3 2.7 35.1 26.1
LITE 2023-01-20 2.3 2.6 34.3 25.6
LITE 2023-01-19 2.3 2.6 34.2 25.6
LITE 2023-01-18 2.3 2.6 34.1 25.5

LITE Growth Metrics

    Its 3 year price growth rate is now at 48.52%.
  • Its 3 year net income to common stockholders growth rate is now at 810.29%.
  • Its year over year net income to common stockholders growth rate is now at -49.97%.
LITE's revenue has moved up $25,800,000 over the prior 33 months.

The table below shows LITE's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 1,771 418.2 117
2022-06-30 1,712.6 459.3 198.9
2022-03-31 1,682.6 469.2 185.7
2021-12-31 1,706.7 773.9 385.2
2021-09-30 1,738.8 695.9 411.7
2021-06-30 1,742.8 738.7 397.3

LITE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • LITE has a Quality Grade of B, ranking ahead of 94.87% of graded US stocks.
  • LITE's asset turnover comes in at 0.493 -- ranking 146th of 208 Electronic Equipment stocks.
  • MMAT, TTMI, and STM are the stocks whose asset turnover ratios are most correlated with LITE.

The table below shows LITE's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-07-03 0.493 0.449 0.175
2021-04-03 0.495 0.440 0.163
2020-12-26 0.507 0.428 0.100
2020-09-26 0.511 0.409 0.093
2020-06-27 0.531 0.387 0.090
2020-03-28 0.568 0.351 0.095

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 $95.88 Average Broker Recommendation 1.62 (Moderate Buy)

LITE Stock Price Chart Interactive Chart >

Price chart for LITE

LITE Price/Volume Stats

Current price $60.52 52-week high $105.05
Prev. close $59.87 52-week low $48.73
Day low $59.33 Volume 339,914
Day high $60.67 Avg. volume 658,932
50-day MA $54.90 Dividend yield N/A
200-day MA $74.30 Market Cap 4.13B

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.


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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.

Lumentum to Host Investor Technology Event at OFC 2023

Lumentum Holdings Inc. ("Lumentum") today announced that management will host the "LITE 2023: Lumentum Investor Technology Event", during the 2023 Optical Fiber Communication Conference and Exhibition (OFC). This overview of Lumentum's business, new technologies, and growth markets will be held on Tuesday, March 7, 2023, from 7:00 – 9:45 a.m. Pacific Time.

Yahoo | January 24, 2023

Lumentum to Announce Fiscal Second Quarter 2023 Financial Results on February 9, 2023

Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal second quarter 2023 financial results on Thursday, February 9, 2023, before the market opens.

Yahoo | January 23, 2023

Lumentum Listed as One of America's Most Responsible Companies for 2023

Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, has been named by Newsweek as one of America's Most Responsible Companies for a second consecutive year.

Yahoo | January 19, 2023

Strength Seen in Cutera (CUTR): Can Its 12.5% Jump Turn into More Strength?

Cutera (CUTR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Yahoo | January 16, 2023

Is There Now An Opportunity In Lumentum Holdings Inc. (NASDAQ:LITE)?

Lumentum Holdings Inc. ( NASDAQ:LITE ), might not be a large cap stock, but it saw significant share price movement...

Yahoo | January 6, 2023

Read More 'LITE' Stories Here

LITE Price Returns

1-mo 22.49%
3-mo -19.14%
6-mo -33.10%
1-year -37.77%
3-year -22.15%
5-year 36.77%
YTD 16.01%
2022 -50.68%
2021 11.57%
2020 19.55%
2019 88.76%
2018 -14.09%

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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