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Lumentum Holdings Inc Stock Research

LITE

48.33USD+0.47(+0.98%)Market Closed
Watchlist

Market Summary

USD48.33+0.47
Market Closed
0.98%

LITE Alerts

LITE Stock Price

LITE RSI Chart

LITE Valuation

Market Cap

3.2B

Price/Earnings (Trailing)

-24.39

Price/Sales (Trailing)

1.82

Price/Free Cashflow

62.56

LITE Price/Sales (Trailing)

LITE Profitability

Return on Equity

-2.39%

Return on Assets

-0.84%

Free Cashflow Yield

1.6%

LITE Fundamentals

LITE Revenue

Revenue (TTM)

1.8B

Revenue Y/Y

-12.15%

Revenue Q/Q

-3.29%

LITE Earnings

Earnings (TTM)

-131.6M

Earnings Y/Y

-273.49%

Earnings Q/Q

-53.18%

Price Action

52 Week Range

42.0075.56
(Low)(High)

Last 7 days

2.8%

Last 30 days

-0.7%

Last 90 days

-14.7%

Trailing 12 Months

-33.6%

LITE Financial Health

Current Ratio

3.2

Debt/Equity

1.56

Debt/Cashflow

0.13

LITE Investor Care

Buy Backs (1Y)

2.35%

Diluted EPS (TTM)

-1.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for LITE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-24
Reinhardt Jason
sold (taxes)
-127,538
52.12
-2,447
evp, general manager
2023-08-24
Retort Vincent
acquired
-
-
1,621
evp, chief operating officer
2023-08-24
Hamel Judy G
acquired
-
-
1,188
svp, gc and secretary
2023-08-24
LOWE ALAN S
acquired
-
-
3,887
chief executive officer
2023-08-24
LOWE ALAN S
sold (taxes)
-637,532
52.12
-12,232
chief executive officer
2023-08-24
Hamel Judy G
sold (taxes)
-133,427
52.12
-2,560
svp, gc and secretary
2023-08-24
Ali Wajid
acquired
-
-
1,621
evp & chief financial officer
2023-08-24
Sepe Matthew Joseph
sold (taxes)
-47,481
52.12
-911
chief accounting officer
2023-08-24
Ali Wajid
sold (taxes)
-226,201
52.12
-4,340
evp & chief financial officer
2023-08-24
Retort Vincent
sold (taxes)
-263,050
52.12
-5,047
evp, chief operating officer

1–10 of 50

Which funds bought or sold LITE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-18
WASHINGTON CAPITAL MANAGEMENT, INC
new
-
538,935
538,935
0.46%
2023-09-12
Farther Finance Advisors, LLC
added
57.62
7,436
18,778
-%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
155
3,234
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
113
113
-%
2023-08-22
COMERICA BANK
new
-
80,909,000
80,909,000
8.48%
2023-08-22
COMERICA BANK
new
-
34,000
34,000
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
sold off
-100
-556,303
-
-%
2023-08-21
OSAIC HOLDINGS, INC.
unchanged
-
17.00
882
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.58
107,223
4,720,160
0.01%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-51.32
-1,873,000
1,959,000
0.02%

1–10 of 40

Latest Funds Activity

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

Schedule 13G FIlings of Lumentum Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
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

Recent SEC filings of Lumentum Holdings

View All Filings
Date Filed Form Type Document
Sep 11, 2023
SC 13G/A
Major Ownership Report
Aug 25, 2023
4
Insider Trading
Aug 25, 2023
4
Insider Trading
Aug 25, 2023
4
Insider Trading
Aug 25, 2023
4
Insider Trading
Aug 25, 2023
4
Insider Trading
Aug 25, 2023
4
Insider Trading
Aug 23, 2023
10-K
Annual Report
Aug 22, 2023
4
Insider Trading
Aug 22, 2023
4
Insider Trading

Peers (Alternatives to Lumentum Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
225.7B
57.0B
0.11% 31.55%
17.89
3.96
10.55% 6.78%
56.5B
5.3B
-1.04% 60.21%
33.07
10.74
50.27% 65.17%
47.7B
9.7B
3.10% 19.30%
31.47
4.95
14.13% 26.10%
9.0B
1.9B
-5.40% -50.18%
22.02
4.63
14.71% 7.65%
MID-CAP
9.5B
2.8B
2.91% 9.46%
28.69
3.4
4.80% -3.31%
3.2B
1.8B
-0.68% -33.58%
-24.39
1.82
3.18% -166.16%
2.1B
1.1B
-5.92% -30.89%
82.97
1.91
-14.42% 64.52%
2.1B
2.8B
-17.98% -36.11%
2.05
0.77
13.98% 1966.89%
SMALL-CAP
953.5M
1.6B
6.58% -12.29%
-133.45
0.58
13.20% 96.13%
701.4M
8.2B
-1.78% -70.96%
-0.59
0.09
-6.99% -187.07%
367.4M
853.0M
-1.10% -43.43%
-17.05
0.43
-12.52% 62.31%
197.1M
302.6M
-20.31% -58.75%
9.35
0.65
5.89% 210.09%
49.2M
226.4M
-24.79% -81.94%
-1.22
0.22
-13.69% 27.20%
9.6M
-
-7.86% -61.18%
-0.74
0.49
-16.17% 28.34%

Lumentum Holdings News

MarketBeat
Lumentum Holdings Inc. (NASDAQ:LITE) Shares Acquired by ....
MarketBeat,
25 hours ago
Simply Wall St
Simply Wall St
Simply Wall St

Returns for LITE

Cumulative Returns on LITE

2.6%


7-Year Cumulative Returns

-4.7%


5-Year Cumulative Returns

-12.2%


3-Year Cumulative Returns

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

63.9%


Probability that Lumentum Holdings stock will be more than 30% underwater in next one year.

33.9%


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

Financials for Lumentum Holdings

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-2.8%1,7671,8181,8301,7711,7131,6831,7071,7391,7431,7191,7021,6811,6791,7151,7451,6611,5651,4621,3281,3591,248
Gross Profit-13.9%569661716758789770788810783756729688650601532468426435443490432
Operating Expenses2.9%685666623557485476274266256248445445446438488487448422328295292
  S&GA Expenses-0.4%349350338308266254256248241238234235235230224224200184162135128
  R&D Expenses5.9%308291262239221218219218215209201199199199208200185174154155157
EBITDA-------20720620520320220420019560.0010.003.0057.00---
EBITDA Margin-------0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.11*0.03*0.01*0.00*0.04*---
Interest Expenses-32.5%36.0053.0064.0072.0080.0072.0068.0068.0067.0065.0064.0066.0061.0057.0052.0043.0036.0042.0031.0030.0018.00
Earnings Before Taxes--------------1398.00-32.50-33.3016.00101179129
EBT Margin-------0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.00*-0.02*-0.02*0.01*---
Net Income-258.6%-131-36.7029.00117199186385412397371189155136114-3.40-36.20-36.4023.00100288248
Net Income Margin100.0%--0.02*0.02*0.07*0.12*0.11*0.23*0.24*0.23*0.22*0.11*0.09*0.08*0.07*0.00*------
Free Cashflow-100.0%-124197322368388696620654650419451438379261------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets6.4%4,6324,3544,4184,3874,1624,1343,6163,5193,5523,7463,4683,3873,2933,2693,2212,8682,7172,7712,7971,6451,582
  Current Assets12.8%2,7782,4642,4932,4383,1393,1012,5402,4232,4372,5702,2662,1672,0501,9631,8831,4231,3331,4181,3571,1811,127
    Cash Equivalents56.4%8595495926051,2901,1305526117746883212702986881,085539433358371459397
  Inventory-0.4%409410367366250224208207196211207213189173180202229272303137173
  Net PPE----------------437433391445319307
  Goodwill-0.2%695696698694369369369369369369369369369369369369358360333-11.00
Liabilities16.3%3,2762,8162,8752,8612,2872,2211,5941,5481,5791,5811,5461,5711,5431,5351,5401,3071,2201,2681,237626620
  Current Liabilities-17.6%634769814803717661657612665674647293283287304317294358326214214
  Short Term Borrowings-100.0%-426421420410----------------
    LT Debt, Non Current-100.0%-1,9011,9001,9001,466----------------
Shareholder's Equity-11.8%1,3561,5381,5441,5261,8751,9122,0221,9711,9732,1651,9221,8161,7491,7341,6821,5611,4971,5041,560984926
  Retained Earnings-142.2%-340-140-101-69.60-43.50-60.5023821122144021513265.0069.0026.00177129155229213166
  Additional Paid-In Capital1.2%1,6921,6711,6411,5961,5771,9741,7781,7521,7441,7191,7011,6781,6771,6591,6491,3771,3611,3411,324764753
Shares Outstanding-3.3%66.0069.0068.0068.0068.0071.0072.0073.0073.0076.0076.0075.0075.0075.0077.0077.0077.0076.0067.0063.0063.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-26.6%180245307418459469774696739737508542524529420360330240292295248
  Share Based Compensation3.1%14814413412510310010198.0093.0086.0080.0076.0073.0070.0067.0067.0061.0058.0053.0048.0047.00
Cashflow From Investing-32.3%-874-660-631-756-226-171-155-1.901.00-706-1,234-1,123-987-532-49.50-767-779-543-60815.00-127
Cashflow From Financing258.8%263-165365332283145-387-352-263-32.20-36.90312329334343487485486486-1.104.00
  Buy Backs33.9%176131175201544-358328236---200--------

LITE Income Statement

2023-07-01
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 03, 2021
Income Statement [Abstract]   
Net revenue$ 1,767.0$ 1,712.6$ 1,742.8
Cost of sales1,113.6861.1898.0
Amortization of acquired developed intangibles84.462.961.7
Gross profit569.0788.6783.1
Operating expenses:   
Research and development307.8220.7214.5
Selling, general and administrative348.8265.7241.4
Restructuring and related charges28.1(1.1)7.7
Merger termination fee and related costs, net0.00.0(207.5)
Total operating expenses684.7485.3256.1
Income (loss) from operations(115.7)303.3527.0
Interest expense(35.5)(80.2)(66.7)
Other income, net48.812.02.8
Income (loss) before income taxes(102.4)235.1463.1
Income tax provision29.236.265.8
Net income (loss) attributable to common stockholders - Basic(131.6)198.9397.3
Net income (loss) attributable to common stockholders - Diluted$ (131.6)$ 198.9$ 397.3
Net income (loss) per share:   
Basic (in dollars per share)$ (1.93)$ 2.79$ 5.27
Diluted (in dollars per share)$ (1.93)$ 2.68$ 5.07
Shares used to compute net income (loss) per share:   
Basic (in shares)68.371.275.4
Diluted (in shares)68.374.278.4

LITE Balance Sheet

2023-07-01
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 01, 2023
Jul. 02, 2022
Current assets:  
Cash and cash equivalents$ 859.0$ 1,290.2
Short-term investments1,154.61,258.8
Accounts receivable, net246.1262.0
Inventories408.6250.1
Prepayments and other current assets109.678.1
Total current assets2,777.93,139.2
Property, plant and equipment, net489.5360.5
Operating lease right-of-use assets, net77.373.6
Goodwill695.1368.9
Other intangible assets, net459.2155.7
Deferred tax asset116.327.0
Other non-current assets16.837.3
Total assets4,632.14,162.2
Current liabilities:  
Accounts payable169.4156.7
Accrued payroll and related expenses39.454.6
Accrued expenses51.244.7
Convertible notes, current311.6409.9
Operating lease liabilities, current14.411.2
Other current liabilities47.839.4
Total current liabilities633.8716.5
Convertible notes, non-current2,500.01,466.1
Operating lease liabilities, non-current47.748.8
Deferred tax liability3.412.9
Other non-current liabilities91.442.9
Total liabilities3,276.32,287.2
Commitments and contingencies (Note 17)
Stockholders’ equity:  
Common stock, $0.001 par value, 990 authorized shares; 66.4 and 68.0 shares issued and outstanding as of July 1, 2023 and July 2, 2022, respectively0.10.1
Additional paid-in capital1,692.22,003.6
Accumulated deficit(340.6)(129.1)
Accumulated other comprehensive income4.10.4
Total stockholders’ equity1,355.81,875.0
Total liabilities and stockholders’ equity$ 4,632.1$ 4,162.2
Alan S. Lowe
5620
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.