Lumentum Holdings Inc. (LITE)
| 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 |
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...
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...
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...
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...
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AJRD, BLU, GMBL, LITE, and PSXP have been added to the Zacks Rank #5 (Strong Sell) List on May 25, 2021
Lumentum Holdings' (LITE) third-quarter fiscal 2021 results were negatively impacted by 5G deployment delays in China.
The optical technology company reported disappointing quarterly results.
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?
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...
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...
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.
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: ...
Lumentum Holdings (LITE) third-quarter fiscal 2021 performance is likely to reflect strength in demand for Datacom chips and Commercial Lasers business.
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.
These companies represent some of these analysts' best stock picks for the immediate future.
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...
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
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.
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...
Which optical technology company is a better overall investment?
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...
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.
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.
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 ...
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...
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 ...
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).
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...
II-VI's bid was reportedly the higher of the two, at a total of roughly $285 per share.
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...
Lumentum raises takeover offer for Coherent to $6.9 billion
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.
SAN JOSE, Calif., and MENLO PARK, Calif.
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).
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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...
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...
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...
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...
Is Lumentum Holdings (LITE) a great pick from the value investor's perspective right now? Read on to know more.
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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...
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...
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 of Lument...
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, which beat t...
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 ...
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 |
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.