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Lumentum Holdings Inc Stock Research

LITE

53.27USD+1.03(+1.97%)Market Closed

Market Summary

USD53.27+1.03
Market Closed
1.97%

LITE Alerts

LITE Stock Price

LITE RSI Chart

LITE Valuation

Market Cap

3.6B

Price/Earnings (Trailing)

127.4

Price/Sales (Trailing)

1.99

Price/Free Cashflow

18.53

LITE Price/Sales (Trailing)

LITE Profitability

Return on Equity

1.85%

Return on Assets

0.65%

Free Cashflow Yield

5.4%

LITE Fundamentals

LITE Revenue

Revenue (TTM)

1.8B

Revenue Y/Y

13.28%

Revenue Q/Q

-0.16%

LITE Earnings

Earnings (TTM)

28.6M

Earnings Y/Y

-155.91%

Earnings Q/Q

-7.8K%

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

Current Ratio

3.06

Debt/Equity

1.56

Debt/Cashflow

0.13

LITE Investor Care

Buy Backs (1Y)

5.39%

Diluted EPS (TTM)

0.37

Peers (Alternatives to Lumentum Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
210.6B
53.2B
6.22% -5.92%
18.63
3.96
3.13% -4.42%
49.9B
4.4B
17.15% 17.58%
36.87
11.38
48.62% 60.84%
47.2B
9.1B
7.17% 17.43%
34.61
5.18
11.52% 9.48%
16.0B
1.8B
-1.35% -9.05%
45.93
8.92
-2.33% -35.05%
MID-CAP
8.6B
2.7B
0.20% -32.67%
28.61
3.18
1.62% -10.71%
3.6B
1.8B
-1.00% -45.53%
127.4
1.99
7.24% -92.58%
2.5B
3.0B
3.15% -33.54%
-19.09
0.84
18.78% -488.35%
2.4B
1.2B
-3.38% -34.95%
31.01
1.91
-0.83% 25466.67%
SMALL-CAP
1.7B
1.6B
7.78% -12.11%
-22.09
1.07
10.39% 55.47%
1.3B
9.2B
-14.78% -21.50%
-1
0.14
7.47% -178.19%
517.7M
932.5M
-1.05% -27.28%
-7.5
0.56
-20.17% -239.69%
478.3M
296.9M
-12.76% -23.27%
23.68
1.61
-11.60% -46.02%
62.0M
265.3M
-35.85% -86.06%
-0.97
0.23
-3.73% -25.61%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.3%1,8301,7711,7131,6831,707
Gross Profit-5.5%716758789770788
Operating Expenses11.8%623557485476274
  S&GA Expenses9.5%338308266254256
  R&D Expenses9.4%262239221218219
EBITDA-207----
EBITDA Margin-0.12*----
EBT Margin-0.08*----
Interest Expenses-11.4%64.0072.0080.0072.0068.00
Net Income-75.6%29.00117199186385
Net Income Margin-76.3%0.02*0.07*0.12*0.11*-
Free Cahsflow-38.9%197322368388-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.7%4,4184,3874,1624,1343,616
  Current Assets2.2%2,4932,4383,1393,1012,540
    Cash Equivalents-2.2%5926051,2901,130552
  Inventory0.2%367366250224208
  Goodwill0.6%698694369369369
Liabilities0.5%2,8752,8612,2872,2211,594
  Current Liabilities1.4%814803717661657
.    Short Term Borrowings0.1%421420410--
  Long Term Debt0.0%2,4102,4112,4171,529-
    LT Debt, Non Current0.0%1,9001,9001,466--
Shareholder's Equity1.1%1,5441,5261,8751,9122,022
  Retained Earnings-45.5%-101-69.60-129-60.50238
  Additional Paid-In Capital2.8%1,6411,5961,5771,9741,778
Shares Outstanding0.3%68.0068.0068.0069.0072.00
Float-4,648----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-26.7%307418459469774
  Share Based Compensation7.4%134125103100101
Cashflow From Investing16.5%-631-756-226-171-155
Cashflow From Financing9.9%365332283145-387
  Buy Backs-13.1%175201544358-

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 ascendingFund NameType% 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%

1–10 of 40

Latest Funds Activity

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

Lumentum Holdings News

MarketWatch

IPG Photonics Corp. stock rises Thursday, still underperforms market.

MarketWatch,
11 hours ago

Seeking Alpha

Appleseed Fund 2022 Annual Letter.

Seeking Alpha,
8 days ago

Marketscreener.com

Schedule 13G FIlings of Lumentum Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

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.

LITE Income Statement

2022-10-01
CONDENSED 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 sales282.6200.4
Amortization of acquired developed intangibles23.015.8
Gross profit201.2232.2
Operating expenses:  
Research and development72.754.1
Selling, general and administrative105.763.3
Restructuring and related charges9.3(1.1)
Total operating expenses187.7116.3
Income from operations13.5115.9
Interest expense(8.5)(16.9)
Other income (expense), net13.80.6
Income before income taxes18.899.6
Provision for income taxes19.218.1
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)68.172.7
Diluted (in shares)68.175.4

LITE Balance Sheet

2022-10-01
CONDENSED 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 investments1,019.61,258.8
Accounts receivable, net340.5262.0
Inventories366.2250.1
Prepayments and other current assets106.878.1
Total current assets2,438.43,139.2
Property, plant and equipment, net478.0360.5
Operating lease right-of-use assets, net89.473.6
Goodwill693.7368.9
Other intangible assets, net576.0155.7
Deferred tax asset100.527.0
Other non-current assets11.437.3
Total assets4,387.44,162.2
Current liabilities:  
Accounts payable205.7156.7
Accrued payroll and related expenses62.254.6
Accrued expenses52.844.7
Short term debt420.2409.9
Operating lease liabilities, current13.611.2
Other current liabilities48.339.4
Total current liabilities802.8716.5
Long term debt1,899.51,466.1
Operating lease liabilities, non-current58.048.8
Deferred tax liability24.812.9
Other non-current liabilities75.942.9
Total liabilities2,861.02,287.2
Commitments and contingencies
Stockholders’ equity:  
Common stock, $0.001 par value, 990 authorized shares, 68.2 and 68.0 shares issued and outstanding as of October 1, 2022 and July 2, 2022, respectively0.10.1
Additional paid-in capital1,596.12,003.6
Accumulated deficit(69.6)(129.1)
Accumulated other comprehensive income (loss)(0.2)0.4
Total stockholders’ equity1,526.41,875.0
Total liabilities and stockholders’ equity$ 4,387.4$ 4,162.2