Lumentum Holdings Inc. (LITE)
| 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 |
Is Lumentum Holdings (LITE) a great pick from the value investor's perspective right now? Read on to know more.
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...
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...
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.
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...
Lumentum Holdings Inc. (LITE) CEO Alan Lowe on Q2 2021 Results - Earnings Call Transcript
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?
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...
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...
Lumentum (LITE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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...
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...
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.
TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Bank of America and Netflix
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.
Earnings news continues to come out, as interesting acquisitions take place in the technology space.
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.
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...
Investors are putting their rally caps on.
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...
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.
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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 ...
Lumentum Holdings Inc. (LITE) CEO Alan Lowe on Q1 2021 Results - Earnings Call Transcript
Lumentum Holdings Inc.'s (LITE) CEO Alan Lowe on Q1 2021 Results - Earnings Call Transcript
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?
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...
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 ...
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...
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.
Apple's latest iPhone could cast a spotlight on these top supply chain players.
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...
Apple is making 5G phones, underscoring expectations for a vast increase in broadband demand.
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...
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...
Industrial lasers have an exciting future, even if 2020 is a total drag.
For this report, we analyzed the portfolios of the 13 small-cap growth investment managers with the best 10-year performance records.
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 |
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.