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LITE

LITE - Lumentum Holdings Inc Stock Price, Fair Value and News

43.49USD-1.69 (-3.74%)Delayed

Market Summary

LITE
USD43.49-1.69
Delayed
-3.74%

LITE Stock Price

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LITE RSI Chart

LITE Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

-11

Price/Sales (Trailing)

2.04

EV/EBITDA

18.86

Price/Free Cashflow

-31.12

LITE Price/Sales (Trailing)

LITE Profitability

Operating Margin

52.94%

EBT Margin

9.63%

Return on Equity

-20.86%

Return on Assets

-5.72%

Free Cashflow Yield

-3.21%

LITE Fundamentals

LITE Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

-27.51%

Rev. Growth (Qtr)

15.49%

LITE Earnings

Earnings (TTM)

-266.5M

Earnings Growth (Yr)

-212.62%

Earnings Growth (Qtr)

-45.95%

Breaking Down LITE Revenue

Last 7 days

-5.2%

Last 30 days

-7.6%

Last 90 days

-14.2%

Trailing 12 Months

-4.7%

How does LITE drawdown profile look like?

LITE Financial Health

Current Ratio

3.13

Debt/Equity

1.96

Debt/Cashflow

0.02

LITE Investor Care

Buy Backs (1Y)

1.61%

Diluted EPS (TTM)

-3.95

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.8B1.8B1.6B1.4B
20221.7B1.7B1.8B1.8B
20211.7B1.7B1.7B1.7B
20201.7B1.7B1.7B1.7B
20191.5B1.6B1.7B1.7B
20181.2B1.2B1.4B1.3B
20171.0B1.0B986.7M1.1B
2016870.2M903.0M948.5M995.2M
2015829.2M837.1M830.7M838.5M
2014805.9M817.9M825.2M832.1M
20130769.9M781.9M793.9M
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PurpleZone


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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


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Tracking the Latest Insider Buys and Sells of Lumentum Holdings Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 15, 2024
retort vincent
sold (taxes)
-76,490
49.19
-1,555
president, industrial tech.
Feb 15, 2024
ali wajid
sold (taxes)
-88,935
49.19
-1,808
evp & chief financial officer
Feb 15, 2024
sepe matthew joseph
sold (taxes)
-33,941
49.19
-690
chief accounting officer
Feb 15, 2024
lowe alan s
sold (taxes)
-238,129
49.19
-4,841
chief executive officer
Feb 15, 2024
sepe matthew joseph
sold
-487,558
49.2334
-9,903
chief accounting officer
Feb 15, 2024
wupen yuen
sold (taxes)
-10,280
49.19
-209
president, cloud & networking
Feb 15, 2024
hamel judy g
sold (taxes)
-52,387
49.19
-1,065
svp, gc and secretary
Nov 20, 2023
johnson julia suzanne
sold
-51,369
44.17
-1,163
-
Nov 17, 2023
johnson julia suzanne
acquired
-
-
5,416
-
Nov 17, 2023
herscher penny
acquired
-
-
5,416
-

1–10 of 50

Which funds bought or sold LITE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
Signature Resources Capital Management, LLC
unchanged
-
-
1,048
-%
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
-76.00
711
-%
Apr 10, 2024
Banque Cantonale Vaudoise
unchanged
-
-1,000
8,000
-%
Apr 10, 2024
Green Alpha Advisors, LLC
added
0.03
-59,770
559,677
0.41%
Apr 10, 2024
PARK AVENUE SECURITIES LLC
reduced
-1.71
-46,000
361,000
-%
Apr 09, 2024
Rise Advisors, LLC
new
-
13,684
13,684
0.01%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
reduced
-96.05
-7,684
284
-%
Apr 09, 2024
Nalls Sherbakoff Group, LLC
reduced
-49.23
-1,207
1,730
-%
Apr 08, 2024
TOMPKINS FINANCIAL CORP
added
50.00
3,721
14,205
-%
Apr 05, 2024
NBC SECURITIES, INC.
unchanged
-
-1,000
13,000
-%

1–10 of 41

Are Funds Buying or Selling LITE?

Are funds buying LITE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LITE
No. of Funds

Unveiling Lumentum Holdings Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
alliancebernstein l.p.
2.3%
1,512,631
SC 13G/A
Feb 13, 2024
vanguard group inc
10.74%
7,196,087
SC 13G/A
Feb 12, 2024
invesco ltd.
6.7%
4,463,790
SC 13G
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 24, 2024
blackrock inc.
9.3%
6,234,351
SC 13G/A
Sep 11, 2023
vanguard group inc
10.42%
6,948,850
SC 13G/A
Aug 10, 2023
wellington management group llp
2.27%
1,557,751
SC 13G/A
Jun 12, 2023
fmr llc
-
0
SC 13G
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

Recent SEC filings of Lumentum Holdings Inc

View All Filings
Date Filed Form Type Document
Feb 27, 2024
8-K
Current Report
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 15, 2024
144
Notice of Insider Sale Intent
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Lumentum Holdings Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
196.4B
57.2B
-3.21% -4.53%
14.61
3.43
7.66% 18.93%
84.7B
5.9B
-3.44% 64.48%
40.6
14.46
33.75% 54.34%
28.0B
53.1B
-7.22% -4.58%
8.18
0.53
-11.04% 34.01%
22.6B
29.1B
-2.68% 8.67%
11.18
0.78
2.24% 133.29%
13.7B
4.2B
-6.89% 49.59%
28.17
3.22
-11.68% 12.69%
11.8B
5.6B
0.16% 7.51%
38.03
2.12
4.97% -34.14%
MID-CAP
6.6B
1.9B
-4.50% -58.53%
17.64
3.5
4.69% 6.86%
3.5B
2.5B
-1.41% 4.79%
14.44
1.4
-3.62% -4.73%
2.9B
1.4B
-7.59% -4.69%
-11
2.04
-21.40% -1031.82%
SMALL-CAP
1.4B
1.3B
-7.12% -44.90%
17.15
1.02
14.09% 64.56%
430.8M
217.6M
-19.74% 403.14%
-7.69
1.98
-2.32% 15.59%
372.6M
1.1B
-15.14% -56.10%
-1.39
0.32
12.05% -13041.29%
133.3M
148.1M
2.38% 14.73%
28.39
0.9
3.90% 76.40%
56.2M
29.7M
-5.00% -82.88%
-0.81
1.89
39.86% -13.06%
55.8M
56.0M
-1.12% -7.17%
-4.49
1
-26.16% -43.53%

Lumentum Holdings Inc News

Latest updates
Defense World5 hours ago

Lumentum Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue15.5%367318371383506507422395447448392420479452368403458450405433374
Gross Profit-16.6%64.0077.0090.0011216620118216720823216318523020613615818916887.0088.00125
Operating Expenses7.4%169158146163188188126120122116117-81.90114107109115114108101165113
  S&GA Expenses16.6%85.0073.0068.0076.0098.0010670.0064.0069.0063.0058.0066.0061.0056.0055.0061.0062.0057.0049.0055.0063.00
  R&D Expenses6.5%78.0074.0074.0085.0076.0073.0057.0057.0053.0054.0054.0057.0053.0050.0049.0049.0051.0050.0050.0058.0043.00
EBITDA Margin10.3%0.20*0.18*0.16*0.16*0.16*0.17*0.18*0.17*0.17*0.17*0.17*0.17*---------
Interest Expenses0%10.0010.009.009.009.009.0027.0020.0017.0017.0018.0016.0016.0016.0016.0016.0018.0011.0011.0011.009.00
Income Taxes-71.4%-2.40-1.4015.00-9.405.0019.002.003.0012.0018.007.0027.0015.0017.0019.005.009.006.005.00-8.201.00
Earnings Before Taxes----------------49.0058.0053.00-21.10-82.5018.00
EBT Margin9.7%0.10*0.09*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.08*---------
Net Income-45.9%-99.10-67.90-60.20-39.30-31.70-0.4035.0026.0057.0082.0022.0022683.0067.00-4.6043.0049.0048.00-25.80-74.3016.00
Net Income Margin-46.8%-0.19*-0.13*-0.07*-0.02*0.02*0.07*0.12*0.11*0.23*0.24*0.23*0.22*---------
Free Cashflow45.9%-32.50-60.1013.00-14.5055.00-2.1086.0058.0018044.00106365---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.4%4,6564,5454,6324,3544,4184,3874,1624,1343,6163,5193,5523,7463,4683,3873,2933,2693,2212,8682,7172,7712,797
  Current Assets-23.4%2,0622,6922,7782,4642,4932,4383,1393,1012,5402,4232,4372,5702,2662,1672,0501,9631,8831,4231,3331,4181,357
    Cash Equivalents-45.5%4698628595495926051,2901,1305526117746883212702986881,085539433358371
  Inventory10.2%472428409410367366250224208207196211207213189173180202229272303
  Net PPE------------------437433391445
  Goodwill51.7%1,055695695696698694369369369369369369369369369369369369358360333
Liabilities4.5%3,3783,2343,2762,8162,8752,8612,2872,2211,5941,5481,5791,5811,5461,5711,5431,5351,5401,3071,2201,2681,237
  Current Liabilities10.9%658594634769814803717661657612665674647293283287304317294358326
  Short Term Borrowings----426421420410--------------
  Long Term Debt0.0%2,5022,5012,5001,9011,9001,9006351,4488108007907797691,1351,1201,1061,092357352347343
    LT Debt, Current1.3%320316312---410406401396391385380--------
    LT Debt, Non Current0.0%2,5022,5012,5001,9011,9001,9006351,4488108007907797691,1351,1201,1061,092357352347343
Shareholder's Equity-2.5%1,2781,3111,3561,5381,5441,5261,8751,9122,0221,9711,9732,1651,9221,8161,7491,7341,6821,5611,4978.001,560
  Retained Earnings-24.3%-507-408-340-140-101-69.60-129-60.5023821122144021513265.0069.0026.00177129155229
  Additional Paid-In Capital3.6%1,7761,7141,6921,6711,6411,5961,5771,9741,7781,7521,7441,7191,7011,6781,6771,6591,6491,3771,3611,3411,324
Shares Outstanding0.6%67.0067.0066.0069.0068.0068.0068.0071.0072.0073.0075.0076.00---------
Float-----1,949---4,648---5,246---3,735---2,264
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations34.8%-1,500-2,30049,20014,90094,90020,800114,30076,600206,50061,900124,200381,300128,500104,700122,700151,800162,30087,500127,70042,800102,400
  Share Based Compensation7.8%34,60032,10032,10033,10036,60046,60027,70023,30027,30024,80024,20025,10024,10019,50017,10019,20020,20016,70014,20016,00019,700
Cashflow From Investing-2318.5%-394,90017,800-70,900-52,000-104,500-646,600142,700-23,200-228,900-116,900197,300-7,300-75,000-114,000-509,800-535,70036,10021,700-54,400-52,900-681,900
Cashflow From Financing131.8%4,100-12,900331,500-5,800-3,600-59,100-97,100524,900-36,600-108,300-234,900-7,600-1,700-19,200-3,700-12,300347,600-2,8001,000-2,900491,600
  Buy Backs---139,800-10,10025,70096,800324,00029,90091,700236,000-----200,000----

LITE Income Statement

2023-12-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 30, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Net revenue$ 366.8$ 506.0$ 684.4$ 1,012.8
Cost of sales281.3315.1504.2597.7
Amortization of acquired developed intangibles21.524.739.547.7
Gross profit64.0166.2140.7367.4
Operating expenses:    
Research and development78.375.8151.8148.5
Selling, general and administrative85.198.4158.1204.1
Restructuring and related charges5.813.916.823.2
Total operating expenses169.2188.1326.7375.8
Loss from operations(105.2)(21.9)(186.0)(8.4)
Interest expense(9.7)(8.9)(19.4)(17.4)
Other income, net13.43.734.617.5
Loss before income taxes(101.5)(27.1)(170.8)(8.3)
Income tax provision (benefit)(2.4)4.6(3.8)23.8
Net loss$ (99.1)$ (31.7)$ (167.0)$ (32.1)
Net loss per share:    
Basic (in usd per share)$ (1.47)$ (0.46)$ (2.49)$ (0.47)
Diluted (in usd per share)$ (1.47)$ (0.46)$ (2.49)$ (0.47)
Shares used to compute net loss per share:    
Basic (in shares)67.268.367.068.2
Diluted (in shares)67.268.367.068.2

LITE Balance Sheet

2023-12-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 30, 2023
Jul. 01, 2023
Current assets:  
Cash and cash equivalents$ 469.3$ 859.0
Short-term investments754.71,154.6
Accounts receivable, net248.3246.1
Inventories471.7408.6
Prepayments and other current assets118.1109.6
Total current assets2,062.12,777.9
Property, plant and equipment, net582.3489.5
Operating lease right-of-use assets, net81.377.3
Goodwill1,054.6695.1
Other intangible assets, net730.6459.2
Deferred tax asset130.2116.3
Other non-current assets14.916.8
Total assets4,656.04,632.1
Current liabilities:  
Accounts payable163.0169.4
Accrued payroll and related expenses50.439.4
Accrued expenses65.851.2
Convertible notes, current319.7311.6
Operating lease liabilities, current14.514.4
Other current liabilities45.047.8
Total current liabilities658.4633.8
Convertible notes, non-current2,501.72,500.0
Operating lease liabilities, non-current52.947.7
Deferred tax liability67.63.4
Other non-current liabilities97.691.4
Total liabilities3,378.23,276.3
Commitments and contingencies (Note 14)
Stockholders’ equity:  
Common stock, $0.001 par value, 990 authorized shares, 67.4 and 66.4 shares issued and outstanding as of December 30, 2023 and July 1, 2023, respectively0.10.1
Additional paid-in capital1,776.11,692.2
Accumulated deficit(507.6)(340.6)
Accumulated other comprehensive income9.24.1
Total stockholders’ equity1,277.81,355.8
Total liabilities and stockholders’ equity$ 4,656.0$ 4,632.1
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 through 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, such as argon-ion and helium-neon lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, solar cell processing, graphics and imaging, remote sensing, and precision machining. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.
 CEO
 WEBSITElumentum.com
 INDUSTRYComputer Hardware
 EMPLOYEES7500

Lumentum Holdings Inc Frequently Asked Questions


What is the ticker symbol for Lumentum Holdings Inc? What does LITE stand for in stocks?

LITE is the stock ticker symbol of Lumentum Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lumentum Holdings Inc (LITE)?

As of Fri Apr 12 2024, market cap of Lumentum Holdings Inc is 2.93 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LITE stock?

You can check LITE's fair value in chart for subscribers.

What is the fair value of LITE stock?

You can check LITE's fair value in chart for subscribers. The fair value of Lumentum Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lumentum Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LITE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lumentum Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether LITE is over valued or under valued. Whether Lumentum Holdings Inc is cheap or expensive depends on the assumptions which impact Lumentum Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LITE.

What is Lumentum Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 12 2024, LITE's PE ratio (Price to Earnings) is -11 and Price to Sales (PS) ratio is 2.04. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LITE PE ratio will change depending on the future growth rate expectations of investors.