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Lumentum Holdings Inc. (LITE)

Stock Price: $80.79 USD -0.49 (-0.60%)
Updated Jun 11, 2021 4:00 PM EDT - Market closed
After-hours: $81.00 +0.21 (0.26%) Jun 11, 7:39 PM
Market Cap 6.13B
Revenue (ttm) 1.72B
Net Income (ttm) 371.20M
Shares Out 75.80M
EPS (ttm) 4.75
PE Ratio 17.02
Forward PE 15.75
Dividend n/a
Dividend Yield n/a
Trading Day June 11
Last Price $80.79
Previous Close $81.28
Change ($) -0.49
Change (%) -0.60%
Day's Open 81.56
Day's Range 80.47 - 81.78
Day's Volume 909,197
52-Week Range 65.67 - 112.08

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SAN JOSE, Calif., June 8, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced its participation in...

4 days ago - PRNewsWire

SAN JOSE, Calif., June 7, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced the appointment of Isaac ("Ike") Harris, Corporate Vice President, Global Supply Chain Operations for Z...

5 days ago - PRNewsWire

SAN JOSE, Calif., June 3, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), an industry-leading provider of next-generation optical communications solutions, today announced the company will hig...

1 week ago - PRNewsWire

Analysts have provided the following ratings for Lumentum Holdings (NASDAQ:LITE) within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 5 0 2 Somewhat Bullish 0 2 0 0 Indi...

1 week ago - Benzinga

The market is frothy, and tech stocks are certainly to blame. But with these five picks, you can get exposure to the sector without getting fleeced.

Other stocks mentioned: ADS, JBL, QRVO, VSH
2 weeks ago - Kiplinger

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 (NAS...

Other stocks mentioned: AMBA, ON
2 weeks ago - Benzinga

AJRD, BLU, GMBL, LITE, and PSXP have been added to the Zacks Rank #5 (Strong Sell) List on May 25, 2021

Other stocks mentioned: AJRD, BLU, GMBL, PSXP
2 weeks ago - Zacks Investment Research

Lumentum Holdings' (LITE) third-quarter fiscal 2021 results were negatively impacted by 5G deployment delays in China.

4 weeks ago - Zacks Investment Research

The optical technology company reported disappointing quarterly results.

1 month ago - The Motley Fool

Lumentum (LITE) delivered earnings and revenue surprises of -1.41% and -3.47%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Lumentum Holdings Inc (NASDAQ: LITE) reported third-quarter FY21 net revenue growth of 4.1% year-on-year to $419.5 million, missing the analyst consensus of $433.49 million. Optical Communications reven...

1 month ago - Benzinga

Shares of Lumentum Holdings (NASDAQ:LITE) fell 3.3% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 11.11% over the past year to $1.40, which we...

1 month ago - Benzinga

SAN JOSE, Calif., May 12, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal third quarter ended April 3, 2021, which was a 14-week period.

1 month ago - PRNewsWire

SAN JOSE, Calif., May 11, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that management is currently scheduled to participate in the following virtual investor events: Event: ...

1 month ago - PRNewsWire

Lumentum Holdings (LITE) third-quarter fiscal 2021 performance is likely to reflect strength in demand for Datacom chips and Commercial Lasers business.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

These companies represent some of these analysts' best stock picks for the immediate future.

Other stocks mentioned: SEDG, VSAT
1 month ago - The Motley Fool

SAN JOSE, Calif., April 26, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal third quarter 2021 financial results for the period ended April 3, 20...

1 month ago - PRNewsWire

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

On CNBC's "Power Lunch" Monday, Susquehanna Financial Group semiconductor analyst Christopher Rolland said he is generally more neutral on the semiconductor sector given the supply issues, but there are...

Other stocks mentioned: AMD
2 months ago - Benzinga

Which optical technology company is a better overall investment?

Other stocks mentioned: INFN
2 months ago - The Motley Fool

Lumentum Holdings Inc (NASDAQ: LITE) made a good decision to shelve its plans to acquire Coherent Inc (NASDAQ: COHR), as the bidding war had taken the company to an elevated valuation, according to Raym...

2 months ago - Benzinga

Lumentum (LITE) 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.

2 months ago - Zacks Investment Research

With more companies utilizing 5G, CIEN stock, LITE stock, COMM stock and CCI stock are all poised to benefit from the trend. The post 4 5G Stocks to Buy appeared first on InvestorPlace.

Other stocks mentioned: CCI, CIEN, COMM
2 months ago - InvestorPlace

SAN JOSE, Calif., March 25, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that Coherent, Inc. (NASDAQ: COHR) ("Coherent") has provided notice of termination of the previously ...

Other stocks mentioned: COHR
2 months ago - PRNewsWire

SAN JOSE, Calif., March 24, 2021 /PRNewswire/ -- Lumentum Holdings Inc. (" Lumentum ") announced today that its 100G PAM4 uncooled electro-absorption modulated lasers ( EMLs ) for next-generation hypers...

2 months ago - PRNewsWire

SAN JOSE, Calif., March 23, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today confirmed that on March 22, 2021, it delivered to Coherent, Inc.'s (Nasdaq: COHR) Board of Directors a revised ...

Other stocks mentioned: COHR
2 months ago - PRNewsWire

SANTA CLARA, Calif., March 23, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that it has received a new acquisition proposal from Lumentum Holdings Inc. (NASDAQ: LITE).

Other stocks mentioned: COHR
2 months ago - PRNewsWire

It's time to step to the sidelines for the optical stock Lumentum Holdings Inc. (NASDAQ: LITE) and instead add to NeoPhotonics Corporation (NASDAQ: NPTN) holdings, according to a Rosenblatt Securities a...

Other stocks mentioned: NPTN
2 months ago - Benzinga

II-VI's bid was reportedly the higher of the two, at a total of roughly $285 per share.

Other stocks mentioned: IIVI
2 months ago - The Motley Fool

SAN JOSE, Calif., March 18, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Directors...

Other stocks mentioned: COHR, IIVI
2 months ago - PRNewsWire

Lumentum raises takeover offer for Coherent to $6.9 billion

YouTube video

Coherent said on Wednesday optical fiber firm Lumentum Holdings had raised its offer for the company to $6.9 billion following a three-way takeover battle for the laser firm. CNBC's David Faber reports.

Other stocks mentioned: COHR
2 months ago - CNBC Television

SAN JOSE, Calif., and MENLO PARK, Calif.

Other stocks mentioned: COHR
2 months ago - PRNewsWire

SANTA CLARA, Calif., March 17, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that it has received a new acquisition proposal from Lumentum Holdings Inc. (NASDAQ: LITE).

Other stocks mentioned: COHR
2 months ago - PRNewsWire

The Dow rose 50 points, while the S&P 500 fell 0.4%, and the Nasdaq dropped 1.4%. But Q.ai's Artificial Intelligence crunched the numbers to bring you today's top buys.

Other stocks mentioned: AMN, FORM, HAIN, HMSY
3 months ago - Forbes

SAN JOSE, Calif., March 12, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Directors...

Other stocks mentioned: COHR, IIVI
3 months ago - PRNewsWire

SANTA CLARA, Calif., March 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that the company's board of directors, in consultation with its financial and legal advisors, has determ...

Other stocks mentioned: COHR, IIVI
3 months ago - PRNewsWire

SAN JOSE, Calif., March 10, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced an amendment to the previously announced definitive agreement between Lumentum and Coherent, Inc. ("C...

3 months ago - PRNewsWire

SAN JOSE, Calif., March 3, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), a leading provider of VCSEL arrays for 3D sensing and LiDAR applications, today announced new high-power and high-eff...

3 months ago - PRNewsWire

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

3 months ago - Zacks Investment Research

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

Other stocks mentioned: AAPL
3 months ago - The Motley Fool

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://orders.newsf...

4 months ago - Newsfile Corp

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 that their S...

4 months ago - PRNewsWire

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.

4 months ago - Schaeffers Research

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 of Lument...

4 months ago - PRNewsWire

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

Other stocks mentioned: LOW
4 months ago - Seeking Alpha

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?

4 months ago - Zacks Investment Research

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, which beat t...

4 months ago - Benzinga

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 revenue for ...

4 months ago - PRNewsWire

About LITE

Lumentum Holdings Inc. 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 prod... [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 89.56, which is an increase of 10.86% from the latest price.

Price Target
$89.56
(10.86% upside)
Analyst Consensus: Strong Buy