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Lumentum Holdings Inc. (LITE)

Stock Price: $84.38 USD -1.73 (-2.01%)
Updated Mar 8, 2021 2:16 PM EST - Market open
Market Cap 6.52B
Revenue (ttm) 1.70B
Net Income (ttm) 189.10M
Shares Out 75.60M
EPS (ttm) 2.44
PE Ratio 34.64
Forward PE 15.75
Dividend n/a
Dividend Yield n/a
Trading Day March 8
Last Price $84.38
Previous Close $86.11
Change ($) -1.73
Change (%) -2.01%
Day's Open 85.28
Day's Range 83.03 - 86.00
Day's Volume 1,075,489
52-Week Range 59.06 - 112.08

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Zacks Investment Research - 1 week ago

Is Lumentum Holdings (LITE) a great pick from the value investor's perspective right now? Read on to know more.

The Motley Fool - 2 weeks ago

Is Apple's 3D-sensing chip supplier a better bet than the iPhone maker?

Other stocks mentioned: AAPL
Newsfile Corp - 3 weeks ago

New York, New York--(Newsfile Corp. - February 12, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To view an enhanced version of this graphic, please visit:https://or...

PRNewsWire - 3 weeks ago

SAN JOSÉ, Calif., Feb. 12, 2021 /PRNewswire/ -- Today Lumentum Holdings Inc. (Lumentum), an industry-leading designer and manufacturer of innovative optical and photonic products, announced th...

Schaeffers Research - 3 weeks ago

The shares of Lumentum Holdings Inc (NYSE:LITE) are up 0.5% at $87.50 at last check, in the wake of reports that its buyout agreement with Coherent (COHR) may be in trouble.

PRNewsWire - 1 month ago

SAN JOSE, Calif., Feb. 8, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today issued the following statement regarding its definitive agreement to acquire Coherent. "The combination...

Seeking Alpha - 1 month ago

Lumentum Holdings Inc. (LITE) CEO Alan Lowe on Q2 2021 Results - Earnings Call Transcript

Other stocks mentioned: LOW
Zacks Investment Research - 1 month ago

Lumentum (LITE) delivered earnings and revenue surprises of 7.57% and 0.05%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 1 month ago

Shares of Lumentum Holdings (NASDAQ:LITE) fell 0.3% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 30.07% year over year to $1.99, wh...

PRNewsWire - 1 month ago

SAN JOSE, Calif., Feb. 2, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal second quarter of 2021 ended December 26, 2020. Net re...

Zacks Investment Research - 1 month ago

Lumentum (LITE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

InvestorPlace - 1 month ago

In addition to their positive 5G catalyst, these fiber optics stocks should get boosts from multiple other trends. The post 3 Fiber Optics Stocks Equipped for a 5G World appeared first on Inve...

Other stocks mentioned: CIEN, COMM
PRNewsWire - 1 month ago

SAN JOSE, Calif., Jan. 27, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that management is scheduled to participate in the Goldman Sachs 2021 Virtual Technology & I...

Zacks Investment Research - 1 month ago

Lumentum (LITE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CNBC - 1 month ago

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Bank of America and Netflix

Other stocks mentioned: NFLX, BAC, GRTS, PRGS
Seeking Alpha - 1 month ago

Lumentum is acquiring Coherent in a huge $5.7 billion deal. This is a deal with a long term horizon, in part explaining the big upfront premium.

The Motley Fool - 1 month ago

Earnings news continues to come out, as interesting acquisitions take place in the technology space.

Other stocks mentioned: BAC, COHR, EVVTY
Zacks Investment Research - 1 month ago

Lumentum (LITE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

The Motley Fool - 1 month ago

Which chipmaker will generate bigger returns this year?

Other stocks mentioned: QCOM
Bloomberg Markets and Finance - 1 month ago

Deals Report: MGM Walks Away From Entain, Lumentum Buys Coherent

Jan.19 -- In this edition of "Deals Report," Bloomberg's Ed Hammond takes a look at why MGM Resorts International decided not to make a firm offer for Entain Plc and discusses Lumentum Holding...

Other stocks mentioned: COHR, GMVHF, MGM
The Motley Fool - 1 month ago

Investors are putting their rally caps on.

Other stocks mentioned: COHR, SRAC
The Motley Fool - 1 month ago

Lumentum has agreed to scoop up Coherent in a $5.7 billion transaction.

Other stocks mentioned: COHR
Business Insider - 1 month ago

Shares of Coherent skyrocketed 33% Tuesday after rival laser maker Lumentum announced it will acquire the company in a cash and stock deal. The $5.7 billion acquisition will see Coherent share...

Other stocks mentioned: COHR
CNBC Television - 1 month ago

Lumentum to acquire Coherent for $5.52 billion in cash and stock deal

Lumentum is buying rival laser maker Coherent for $5.7 billion in cash and stock. Coherent shareholders will get $100 in cash and 1.1851 Lumentum shares for each share they now hold.

Other stocks mentioned: COHR
24/7 Wall Street - 1 month ago

Ever since Apple Inc. (NASDAQ: AAPL) CEO Tim Cook put a stake in the ground declaring in 2016  that augmented reality (AR) was the “more interesting” of the AR-VR (virtual reality) pair, the c...

Other stocks mentioned: COHR
Market Watch - 1 month ago

Lumentum Holdings Inc. said Monday it has agreed to acquire Coherent Inc. in a cash-and-stock deal valued at $5.7 billion. Under the terms of the deal, Lumentum will pay $100 in cash at 1.1851...

Other stocks mentioned: COHR
PRNewsWire - 1 month ago

SAN JOSE, Calif., Jan. 19, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported preliminary results for its fiscal second quarter of 2021 ended December 26,...

PRNewsWire - 1 month ago

SAN JOSE, Calif., and SANTA CLARA, Calif., Jan. 19, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") and Coherent, Inc. ("Coherent") today announced that they have entered into a defin...

Other stocks mentioned: COHR
CNBC Television - 2 months ago

AlphaOne's Dan Niles breaks down his top picks and market outlook for 2021

Dan Niles, AlphaOne Capital Partners founding partner, discusses his top picks for 2021 with CNBC's "Closing Bell" team. He also explains the reasoning behind his picks for 2020, which would h...

Other stocks mentioned: AMD, DIS, FB, NVDA
PRNewsWire - 3 months ago

SAN JOSE, Calif., Dec. 7, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), an industry-leading provider of high-speed optical transmission solutions, today announced a new addition to...

PRNewsWire - 3 months ago

SAN JOSE, Calif., Dec. 7, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), an industry-leading provider of optical networking solutions, today announced the company will highlight its...

PRNewsWire - 3 months ago

SAN JOSE, Calif., Dec. 4, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), an industry-leading provider of optical networking solutions, today announced its thought leaders will prese...

Seeking Alpha - 3 months ago

Lumentum posted double-digit YoY gains in net income as a result of big improvements in margins, flat revenue growth notwithstanding. Lumentum is experiencing headwinds in some areas, although...

PRNewsWire - 3 months ago

SAN JOSE, Calif., and ALBUQUERQUE, N.M., Nov. 16, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") (Nasdaq: LITE) and TriLumina Corporation ("TriLumina") today announced that Lumentum ...

Seeking Alpha - 4 months ago

Lumentum Holdings Inc. (LITE) CEO Alan Lowe on Q1 2021 Results - Earnings Call Transcript

Other stocks mentioned: LOW
Seeking Alpha - 4 months ago

Lumentum Holdings Inc.'s (LITE) CEO Alan Lowe on Q1 2021 Results - Earnings Call Transcript

Other stocks mentioned: LOW
Zacks Investment Research - 4 months ago

Lumentum (LITE) delivered earnings and revenue surprises of 21.09% and 2.36%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

PRNewsWire - 4 months ago

SAN JOSE, Calif., Nov. 2, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal first quarter of 2021 ended September 26, 2020. Net re...

Forbes - 4 months ago

Our indicative Theme of Internet Infrastructure Stocks which includes a diverse set of companies that sell semiconductor products, networking equipment, and related products that underpin the ...

Other stocks mentioned: INTC, NVDA
Insider Monkey - 4 months ago

In this article we will check out the progression of hedge fund sentiment towards Lumentum Holdings Inc (NASDAQ:LITE) and determine whether it is a good investment right now. We at Insider Mon...

The Motley Fool - 4 months ago

Which supply chain player is the better overall investment?

Other stocks mentioned: TXN
Zacks Investment Research - 4 months ago

Lumentum (LITE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Motley Fool - 4 months ago

Apple's latest iPhone could cast a spotlight on these top supply chain players.

Other stocks mentioned: AVGO, CRUS, JBL, SWKS
PRNewsWire - 4 months ago

SAN JOSE, Calif., Oct. 14, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced its participation at several significant industry events over the next three months. Lumentu...

Market Watch - 4 months ago

Apple is making 5G phones, underscoring expectations for a vast increase in broadband demand.

Other stocks mentioned: ADTN, CALX, CIEN, IPHI
PRNewsWire - 4 months ago

SAN JOSE, Calif., Oct. 13, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that its PicoBlade® 3 picosecond laser has been recognized in Laser Focus World's 2020 Innov...

Forbes - 5 months ago

Through Covid-19, people are spending more time online. Our indicative Theme of Internet Infrastructure Stocks which includes a diverse set of companies that underpin the Internet and should b...

Other stocks mentioned: CSCO, INTC
The Motley Fool - 5 months ago

Industrial lasers have an exciting future, even if 2020 is a total drag.

Other stocks mentioned: IIVI
Seeking Alpha - 5 months ago

For this report, we analyzed the portfolios of the 13 small-cap growth investment managers with the best 10-year performance records.

Other stocks mentioned: ALRM, AVLR, ETSY, EYE, FIVN, FRPT, IRTC, MIME, NTRA, PLMR, QTWO, SILK, SPSC
PRNewsWire - 5 months ago

SAN JOSE, Calif., Sept. 16, 2020 /PRNewswire/ -- Lumentum Holdings Inc.

About LITE

Lumentum Holdings manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products,... [Read more...]

Industry
Communication Equipment
CEO
Alan Lowe
Employees
5,473
Stock Exchange
NASDAQ
Ticker Symbol
LITE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 16 analysts, the average rating for LITE stock is "Strong Buy." The 12-month stock price forecast is 115.50, which is an increase of 36.88% from the latest price.

Price Target
$115.50
(36.88% upside)
Analyst Consensus: Strong Buy