Market Summary
USD53.27+1.03
Market Closed1.97%
LITE Stock Price
LITE RSI Chart
LITE Valuation
LITE Price/Sales (Trailing)
LITE Profitability
LITE Fundamentals
LITE Revenue
LITE Earnings
Price Action
52 Week Range
99.17
(Low)(High)
Last 7 days
4.7%
Last 30 days
-1%
Last 90 days
2.1%
Trailing 12 Months
-45.5%
LITE Financial Health
LITE Investor Care
Peers (Alternatives to Lumentum Holdings)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
CSCO | 210.6B | 53.2B | 6.22% | -5.92% | 18.63 | 3.96 | 3.13% | -4.42% |
ANET | 49.9B | 4.4B | 17.15% | 17.58% | 36.87 | 11.38 | 48.62% | 60.84% |
MSI | 47.2B | 9.1B | 7.17% | 17.43% | 34.61 | 5.18 | 11.52% | 9.48% |
UI | 16.0B | 1.8B | -1.35% | -9.05% | 45.93 | 8.92 | -2.33% | -35.05% |
| MID-CAP | ||||||||
FFIV | 8.6B | 2.7B | 0.20% | -32.67% | 28.61 | 3.18 | 1.62% | -10.71% |
LITE | 3.6B | 1.8B | -1.00% | -45.53% | 127.4 | 1.99 | 7.24% | -92.58% |
VSAT | 2.5B | 3.0B | 3.15% | -33.54% | -19.09 | 0.84 | 18.78% | -488.35% |
VIAV | 2.4B | 1.2B | -3.38% | -34.95% | 31.01 | 1.91 | -0.83% | 25466.67% |
| SMALL-CAP | ||||||||
INFN | 1.7B | 1.6B | 7.78% | -12.11% | -22.09 | 1.07 | 10.39% | 55.47% |
COMM | 1.3B | 9.2B | -14.78% | -21.50% | -1 | 0.14 | 7.47% | -178.19% |
NTGR | 517.7M | 932.5M | -1.05% | -27.28% | -7.5 | 0.56 | -20.17% | -239.69% |
CMBM | 478.3M | 296.9M | -12.76% | -23.27% | 23.68 | 1.61 | -11.60% | -46.02% |
INSG | 62.0M | 265.3M | -35.85% | -86.06% | -0.97 | 0.23 | -3.73% | -25.61% |
VISL | 17.1M | 32.1M | -28.05% | -67.49% | -0.79 | 0.53 | 8.39% | -74.21% |
Financials for Lumentum Holdings
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 3.3% | 1,830 | 1,771 | 1,713 | 1,683 | 1,707 |
| Gross Profit | -5.5% | 716 | 758 | 789 | 770 | 788 |
| Operating Expenses | 11.8% | 623 | 557 | 485 | 476 | 274 |
| S&GA Expenses | 9.5% | 338 | 308 | 266 | 254 | 256 |
| R&D Expenses | 9.4% | 262 | 239 | 221 | 218 | 219 |
| EBITDA | - | 207 | - | - | - | - |
| EBITDA Margin | - | 0.12* | - | - | - | - |
| EBT Margin | - | 0.08* | - | - | - | - |
| Interest Expenses | -11.4% | 64.00 | 72.00 | 80.00 | 72.00 | 68.00 |
| Net Income | -75.6% | 29.00 | 117 | 199 | 186 | 385 |
| Net Income Margin | -76.3% | 0.02* | 0.07* | 0.12* | 0.11* | - |
| Free Cahsflow | -38.9% | 197 | 322 | 368 | 388 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 0.7% | 4,418 | 4,387 | 4,162 | 4,134 | 3,616 |
| Current Assets | 2.2% | 2,493 | 2,438 | 3,139 | 3,101 | 2,540 |
| Cash Equivalents | -2.2% | 592 | 605 | 1,290 | 1,130 | 552 |
| Inventory | 0.2% | 367 | 366 | 250 | 224 | 208 |
| Goodwill | 0.6% | 698 | 694 | 369 | 369 | 369 |
| Liabilities | 0.5% | 2,875 | 2,861 | 2,287 | 2,221 | 1,594 |
| Current Liabilities | 1.4% | 814 | 803 | 717 | 661 | 657 |
| . Short Term Borrowings | 0.1% | 421 | 420 | 410 | - | - |
| Long Term Debt | 0.0% | 2,410 | 2,411 | 2,417 | 1,529 | - |
| LT Debt, Non Current | 0.0% | 1,900 | 1,900 | 1,466 | - | - |
| Shareholder's Equity | 1.1% | 1,544 | 1,526 | 1,875 | 1,912 | 2,022 |
| Retained Earnings | -45.5% | -101 | -69.60 | -129 | -60.50 | 238 |
| Additional Paid-In Capital | 2.8% | 1,641 | 1,596 | 1,577 | 1,974 | 1,778 |
| Shares Outstanding | 0.3% | 68.00 | 68.00 | 68.00 | 69.00 | 72.00 |
| Float | - | 4,648 | - | - | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -26.7% | 307 | 418 | 459 | 469 | 774 |
| Share Based Compensation | 7.4% | 134 | 125 | 103 | 100 | 101 |
| Cashflow From Investing | 16.5% | -631 | -756 | -226 | -171 | -155 |
| Cashflow From Financing | 9.9% | 365 | 332 | 283 | 145 | -387 |
| Buy Backs | -13.1% | 175 | 201 | 544 | 358 | - |
Risks for LITE
What is the probability of a big loss on LITE?
100%
Probability that Lumentum Holdings stock will be more than 20% underwater in next one year
58.9%
Probability that Lumentum Holdings stock will be more than 30% underwater in next one year.
24.2%
Probability that Lumentum Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does LITE drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Lumentum Holdings was unfortunately bought at previous high price.
Drawdowns
Returns for LITE
Cumulative Returns on LITE
10.2%
7-Year Cumulative Returns
-3.5%
5-Year Cumulative Returns
-10.4%
3-Year Cumulative Returns
What are the long-term rolling returns for LITE?
FIve years rolling returns for Lumentum Holdings.
Annualized Returns
Which funds bought or sold LITE recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-27 | Neo Ivy Capital Management | sold off | -100 | -104,000 | - | -% |
2023-03-23 | MetLife Investment Management, LLC | reduced | -3.1 | -798,451 | 2,240,020 | 0.02% |
2023-03-17 | American Portfolios Advisors | added | 12.87 | -3,939 | 150,374 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -90.11 | -10,483,400 | 852,614 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -58.7 | -358,000 | 164,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 99.79 | 639,156 | 1,868,160 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | sold off | -100 | -40,000 | - | -% |
2023-02-24 | SRS Capital Advisors, Inc. | unchanged | - | -1,783 | 5,217 | -% |
2023-02-22 | Kovack Advisors, Inc. | sold off | -100 | -227,000 | - | -% |
2023-02-22 | Front Street Capital Management, Inc. | reduced | -7.29 | -2,724,000 | 6,519,000 | 1.57% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Lumentum Holdings News
Schedule 13G FIlings of Lumentum Holdings
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | alliancebernstein l.p. | 7.1% | 4,849,016 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.30% | 6,345,834 | SC 13G/A | |
| Feb 06, 2023 | wellington management group llp | 7.57% | 5,163,063 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 9.9% | 6,746,804 | SC 13G/A | |
| Feb 14, 2022 | alliancebernstein l.p. | 7.2% | 5,215,446 | SC 13G | |
| Feb 04, 2022 | wellington management group llp | 13.61% | 9,842,945 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 8.5% | 6,115,457 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 9.48% | 7,160,533 | SC 13G/A | |
| Feb 05, 2021 | blackrock inc. | 8.7% | 6,570,179 | SC 13G/A | |
| Feb 04, 2021 | wellington management group llp | 10.69% | 8,067,632 | SC 13G/A |
LITE Fair Value
Lumentum Holdings fair value in different scenarios
The table shows the Fair Value estimates for Lumentum Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 19.59 -63.23% | 26.20 -50.82% | 35.69 -33.00% | 52.62 -1.22% | 61.88 16.16% |
| Current Inflation | 18.43 -65.40% | 24.16 -54.65% | 32.20 -39.55% | 46.57 -12.58% | 54.39 2.10% |
| Very High Inflation | 16.98 -68.12% | 21.67 -59.32% | 28.06 -47.32% | 39.50 -25.85% | 45.71 -14.19% |
Historical Lumentum Holdings Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Lumentum Holdings
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Feb 24, 2023 | 8-K | Current Report | |
| Feb 24, 2023 | 4 | Insider Trading | |
| Feb 24, 2023 | 3 | Insider Trading | |
| Feb 17, 2023 | 4 | Insider Trading | |
| Feb 17, 2023 | 4 | Insider Trading | |
| Feb 17, 2023 | 4 | Insider Trading | |
| Feb 17, 2023 | 4 | Insider Trading | |
| Feb 17, 2023 | 4 | Insider Trading | |
| Feb 17, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | SC 13G/A | Major Ownership Report |
Latest Insider Trading transactions for LITE
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-22 | Fletcher Pamela | acquired | - | - | 1,739 | - |
2023-02-15 | Reinhardt Jason | sold (taxes) | -76,710 | 59.93 | -1,280 | evp, general manager |
2023-02-15 | Sepe Matthew Joseph | sold (taxes) | -40,213 | 59.93 | -671 | chief accounting officer |
2023-02-15 | Retort Vincent | sold (taxes) | -120,819 | 59.93 | -2,016 | evp, chief operating officer |
2023-02-15 | Hamel Judy G | sold (taxes) | -76,111 | 59.93 | -1,270 | svp, gc and secretary |
2023-02-15 | Ali Wajid | sold (taxes) | -140,776 | 59.93 | -2,349 | evp & chief financial officer |
2023-02-15 | LOWE ALAN S | sold (taxes) | -373,364 | 59.93 | -6,230 | chief executive officer |
2022-11-18 | Sepe Matthew Joseph | sold (taxes) | -57,886 | 56.2 | -1,030 | chief accounting officer |
2022-11-16 | Wong Janet S. | acquired | - | - | 3,061 | - |
2022-11-16 | HERSCHER PENNY | acquired | - | - | 3,061 | - |
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 products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.
LITE Income Statement
2022-10-01CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
|---|---|---|
Oct. 01, 2022 | Oct. 02, 2021 | |
| Income Statement [Abstract] | ||
| Net revenue | $ 506.8 | $ 448.4 |
| Cost of sales | 282.6 | 200.4 |
| Amortization of acquired developed intangibles | 23.0 | 15.8 |
| Gross profit | 201.2 | 232.2 |
| Operating expenses: | ||
| Research and development | 72.7 | 54.1 |
| Selling, general and administrative | 105.7 | 63.3 |
| Restructuring and related charges | 9.3 | (1.1) |
| Total operating expenses | 187.7 | 116.3 |
| Income from operations | 13.5 | 115.9 |
| Interest expense | (8.5) | (16.9) |
| Other income (expense), net | 13.8 | 0.6 |
| Income before income taxes | 18.8 | 99.6 |
| Provision for income taxes | 19.2 | 18.1 |
| Net income (loss) | $ (0.4) | $ 81.5 |
| Net income (loss) per share: | ||
| Basic (in usd per share) | $ (0.01) | $ 1.12 |
| Diluted (in usd per share) | $ (0.01) | $ 1.08 |
| Shares used to compute net income (loss) per share: | ||
| Basic (in shares) | 68.1 | 72.7 |
| Diluted (in shares) | 68.1 | 75.4 |
LITE Balance Sheet
2022-10-01CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Oct. 01, 2022 | Jul. 02, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 605.3 | $ 1,290.2 |
| Short-term investments | 1,019.6 | 1,258.8 |
| Accounts receivable, net | 340.5 | 262.0 |
| Inventories | 366.2 | 250.1 |
| Prepayments and other current assets | 106.8 | 78.1 |
| Total current assets | 2,438.4 | 3,139.2 |
| Property, plant and equipment, net | 478.0 | 360.5 |
| Operating lease right-of-use assets, net | 89.4 | 73.6 |
| Goodwill | 693.7 | 368.9 |
| Other intangible assets, net | 576.0 | 155.7 |
| Deferred tax asset | 100.5 | 27.0 |
| Other non-current assets | 11.4 | 37.3 |
| Total assets | 4,387.4 | 4,162.2 |
| Current liabilities: | ||
| Accounts payable | 205.7 | 156.7 |
| Accrued payroll and related expenses | 62.2 | 54.6 |
| Accrued expenses | 52.8 | 44.7 |
| Short term debt | 420.2 | 409.9 |
| Operating lease liabilities, current | 13.6 | 11.2 |
| Other current liabilities | 48.3 | 39.4 |
| Total current liabilities | 802.8 | 716.5 |
| Long term debt | 1,899.5 | 1,466.1 |
| Operating lease liabilities, non-current | 58.0 | 48.8 |
| Deferred tax liability | 24.8 | 12.9 |
| Other non-current liabilities | 75.9 | 42.9 |
| Total liabilities | 2,861.0 | 2,287.2 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock, $0.001 par value, 990 authorized shares, 68.2 and 68.0 shares issued and outstanding as of October 1, 2022 and July 2, 2022, respectively | 0.1 | 0.1 |
| Additional paid-in capital | 1,596.1 | 2,003.6 |
| Accumulated deficit | (69.6) | (129.1) |
| Accumulated other comprehensive income (loss) | (0.2) | 0.4 |
| Total stockholders’ equity | 1,526.4 | 1,875.0 |
| Total liabilities and stockholders’ equity | $ 4,387.4 | $ 4,162.2 |