Lumentum Holdings Inc. (LITE)

NASDAQ: LITE · IEX Real-Time Price · USD
47.35
-1.10 (-2.27%)
At close: Mar 28, 2024, 4:00 PM
47.25
-0.10 (-0.21%)
After-hours: Mar 28, 2024, 4:23 PM EDT

Total Valuation

LITE has a market cap or net worth of $3.19 billion. The enterprise value is $4.85 billion.

Market Cap 3.19B
Enterprise Value 4.85B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, before market open.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

LITE has 67.40 million shares outstanding. The number of shares has decreased by -1.61% in one year.

Shares Outstanding 67.40M
Shares Change (YoY) -1.61%
Shares Change (QoQ) +0.75%
Owned by Insiders (%) 0.65%
Owned by Institutions (%) 107.55%
Float 66.60M

Valuation Ratios

PE Ratio n/a
Forward PE 35.53
PS Ratio 2.22
Forward PS 2.13
PB Ratio 2.50
P/FCF Ratio n/a
PEG Ratio 0.97
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 3.37
EV / EBITDA 156.55
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 3.13, with a Debt / Equity ratio of 2.26.

Current Ratio 3.13
Quick Ratio 2.24
Debt / Equity 2.26
Debt / EBITDA 93.19
Debt / FCF n/a
Interest Coverage -6.06

Financial Efficiency

Return on equity (ROE) is -19.40% and return on invested capital (ROIC) is -7.04%.

Return on Equity (ROE) -19.40%
Return on Assets (ROA) -5.90%
Return on Capital (ROIC) -7.04%
Revenue Per Employee $191,813
Profits Per Employee -$35,533
Employee Count 7,500
Asset Turnover 0.32
Inventory Turnover 2.61

Taxes

In the past 12 months, LITE has paid $1.60 million in taxes.

Income Tax 1.60M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -6.96% in the last 52 weeks. The beta is 1.10, so LITE's price volatility has been higher than the market average.

Beta (1Y) 1.10
52-Week Price Change -6.96%
50-Day Moving Average 50.74
200-Day Moving Average 48.92
Relative Strength Index (RSI) 44.23
Average Volume (30 Days) 1,569,083

Short Selling Information

The latest short interest is 10.06 million, so 14.92% of the outstanding shares have been sold short.

Short Interest 10.06M
Short Previous Month 10.51M
Short % of Shares Out 14.92%
Short % of Float 15.10%
Short Ratio (days to cover) 7.07

Income Statement

In the last 12 months, LITE had revenue of $1.44 billion and -$266.50 million in losses. Loss per share was -$3.94.

Revenue 1.44B
Gross Profit 342.30M
Operating Income -293.30M
Pretax Income -264.90M
Net Income -266.50M
EBITDA 31.00M
EBIT -227.40M
Loss Per Share -$3.94
Full Income Statement

Balance Sheet

The company has $1.22 billion in cash and $2.89 billion in debt, giving a net cash position of -$1.66 billion or -$24.70 per share.

Cash & Cash Equivalents 1.22B
Total Debt 2.89B
Net Cash -1.66B
Net Cash Per Share -$24.70
Equity / Book Value 1.28B
Book Value Per Share 18.96
Working Capital 1.40B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $60.30 million and capital expenditures -$157.10 million, giving a free cash flow of -$96.80 million.

Operating Cash Flow 60.30M
Capital Expenditures -157.10M
Free Cash Flow -96.80M
FCF Per Share -$1.44
Full Cash Flow Statement

Margins

Gross margin is 23.79%, with operating and profit margins of -20.39% and -18.52%.

Gross Margin 23.79%
Operating Margin -20.39%
Pretax Margin -18.41%
Profit Margin -18.52%
EBITDA Margin 2.15%
EBIT Margin -15.81%
FCF Margin -6.73%

Dividends & Yields

LITE does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 1.61%
Shareholder Yield 1.61%
Earnings Yield -8.36%
FCF Yield -3.04%
Dividend Details

Analyst Forecast

The average price target for LITE is $51.77, which is 9.34% higher than the current price. The consensus rating is "Buy".

Price Target $51.77
Price Target Difference 9.34%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

LITE has an Altman Z-Score of 0.92 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.92
Piotroski F-Score 4