Lumentum Holdings Company Profile (NASDAQ:LITE)

About Lumentum Holdings

Lumentum Holdings logoLumentum Holdings Inc. is a provider of optical and photonic products for a range of end market applications, including data communications (Datacom) and telecommunications (Telecom) networking and commercial lasers (commercial lasers) for manufacturing, inspection and life-science applications. The Company operates in two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The Company's OpComms products include a range of components, modules and subsystems to support and maintain customers in its two primary markets: Telecom and Datacom. The Company's Lasers products serve customers in markets and applications, such as manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining, such as drilling in printed circuit boards, wafer singulation and solar cell scribing. The Company's customers include original equipment manufacturers (OEMs).

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: LITE
  • CUSIP:
Key Metrics:
  • Previous Close: $41.36
  • 50 Day Moving Average: $36.66
  • 200 Day Moving Average: $28.51
  • 52-Week Range: $13.97 - $42.35
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 19.42
  • P/E Growth: 1.13
  • Market Cap: $2.48B
  • Outstanding Shares: 60,082,000
Profitability:
  • Net Margins: 1.01%
  • Return on Equity: 11.91%
  • Return on Assets: 8.24%
Debt:
  • Current Ratio: 2.82%
  • Quick Ratio: 2.24%
Additional Links:
Companies Related to Lumentum Holdings:

Analyst Ratings

Consensus Ratings for Lumentum Holdings (NASDAQ:LITE) (?)
Ratings Breakdown: 2 Sell Ratings, 2 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.58)
Consensus Price Target: $37.45 (9.44% downside)

Analysts' Ratings History for Lumentum Holdings (NASDAQ:LITE)
Show:
DateFirmActionRatingPrice TargetDetails
9/30/2016B. RileyReiterated RatingBuy$50.00View Rating Details
9/26/2016MKM PartnersBoost Price TargetBuy$37.00 -> $50.00View Rating Details
9/19/2016Needham & Company LLCBoost Price TargetStrong-Buy$40.00 -> $50.00View Rating Details
9/7/2016Piper Jaffray Cos.Reiterated RatingOverweight$38.00View Rating Details
8/11/2016Morgan StanleyDowngradeEqual Weight -> Underweight$20.00 -> $27.00View Rating Details
8/10/2016Barclays PLCBoost Price TargetUnderweight$23.00 -> $30.00View Rating Details
8/10/2016Jefferies GroupBoost Price TargetBuy$34.00 -> $39.00View Rating Details
8/10/2016Stifel NicolausBoost Price TargetBuy$31.00 -> $42.00View Rating Details
8/8/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
4/8/2016Drexel HamiltonInitiated CoverageHoldView Rating Details
3/28/2016Northland SecuritiesBoost Price TargetOutperform$30.00 -> $33.00View Rating Details
3/25/2016Goldman Sachs Group Inc.Boost Price TargetNeutral$24.00 -> $25.00View Rating Details
9/9/2015Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$22.00 -> $20.00View Rating Details
8/4/2015Raymond James Financial Inc.Initiated CoverageMarket PerformView Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Lumentum Holdings (NASDAQ:LITE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/9/2016        
8/9/2016Q416$0.36$0.41$238.52 million$241.70 millionViewListenView Earnings Details
5/4/2016Q3$0.31$0.32$226.81 million$230.40 millionViewListenView Earnings Details
2/4/2016Q2$0.28$0.31$218.35 million$218.30 millionViewListenView Earnings Details
11/10/2015Q1$0.22$0.26$210.50 million$212.60 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Lumentum Holdings (NASDAQ:LITE)
Current Year EPS Consensus Estimate: $1.62 EPS
Next Year EPS Consensus Estimate: $2.13 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161$0.38$0.38$0.38
Q4 20161$0.47$0.47$0.47
Q4 20171$0.54$0.54$0.54
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Lumentum Holdings (NASDAQ:LITE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Lumentum Holdings (NASDAQ:LITE)
Insider Ownership Percentage: 0.76%
Institutional Ownership Percentage: 74.98%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/28/2016Alan S LoweCEOSell4,351$41.82$181,958.82View SEC Filing  
9/28/2016Vincent RetortCOOSell4,643$41.84$194,263.12View SEC Filing  
9/6/2016Alan S LoweCEOSell23,610$35.45$836,974.50View SEC Filing  
8/23/2016Vincent RetortCOOSell1,523$33.96$51,721.08View SEC Filing  
8/22/2016Alan S LoweCEOSell174,222$34.03$5,928,774.66View SEC Filing  
8/19/2016Aaron TachibanaCFOSell6,086$34.64$210,819.04View SEC Filing  
8/16/2016Vincent RetortCOOSell8,114$32.59$264,435.26View SEC Filing  
7/25/2016Vincent RetortCOOSell39,473$30.00$1,184,190.00View SEC Filing  
5/26/2016Judy G HamelGeneral CounselSell492$23.98$11,798.16View SEC Filing  
5/11/2016Harold L CovertDirectorSell7,376$23.70$174,811.20View SEC Filing  
3/21/2016Viavi Solutions Inc.Major ShareholderSell500,000$25.35$12,675,000.00View SEC Filing  
2/10/2016Craig CocchiSVPSell32,754$23.63$773,977.02View SEC Filing  
12/18/2015Penny HerscherDirectorSell2,624$21.28$55,838.72View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Lumentum Holdings (NASDAQ:LITE)
DateHeadline
fidaily.com logoLumentum Holdings Inc. (NASDAQ:LITE) Trading Up – Insiders Are Selling (NASDAQ:LITE)
www.fidaily.com - September 29 at 10:59 AM
finance.yahoo.com logoZacks.com featured highlights: Francesca's Holdings, Argan, Lumentum Holdings, Oclaro and Cable ONE (NASDAQ:LITE)
finance.yahoo.com - September 26 at 10:34 AM
nasdaq.com logoFirst Week of LITE November 18th Options Trading (NASDAQ:LITE)
www.nasdaq.com - September 21 at 4:10 PM
globenewswire.com logoLumentum Exhibits Product Innovations at ECOC 2016 - GlobeNewswire (press release) (NASDAQ:LITE)
globenewswire.com - September 21 at 10:03 AM
News IconLumentum Holdings Inc. (NASDAQ: LITE) Price Target Increased at Needham & Company LLC - BNB Daily (blog) (NASDAQ:LITE)
www.baseball-news-blog.com - September 21 at 10:03 AM
4-traders.com logoLumentum : Exhibits Product Innovations at ECOC 2016 (NASDAQ:LITE)
www.4-traders.com - September 20 at 11:03 AM
investors.com logoFiber-Optic Stocks Power Up; Oclaro And Mellanox Partner (NASDAQ:LITE)
www.investors.com - September 19 at 5:54 PM
globenewswire.com logoLumentum Introduces Industry-First High-Port Twin Wavelength Selective Switch (WSS) (NASDAQ:LITE)
globenewswire.com - September 19 at 10:27 AM
tmcnet.com logoCommunication Equipment Stocks Technical Report -- Motorola Solutions, Lumentum, Infoblox, and Harmonic (NASDAQ:LITE)
www.tmcnet.com - September 19 at 10:27 AM
finance.yahoo.com logoLumentum Exhibits Product Innovations at ECOC 2016 (NASDAQ:LITE)
finance.yahoo.com - September 19 at 10:27 AM
News IconLumentum Holdings Inc. (NASDAQ: LITE) stock reaches new 52-week high - BNB Daily (blog) (NASDAQ:LITE)
www.baseball-news-blog.com - September 17 at 5:38 PM
News IconLumentum Holdings - Chart Of The Day (NASDAQ:LITE)
www.talkmarkets.com - September 16 at 11:20 AM
News IconLumentum Holdings Inc Increases Again; Strong Momentum for Buyers - Chester News (NASDAQ:LITE)
www.chesterindependent.com - September 15 at 3:54 PM
fidaily.com logoLumentum Holdings Inc. (LITE) Saw a 52-Week High - Finance Daily (NASDAQ:LITE)
www.fidaily.com - September 14 at 6:01 PM
News IconShares Holding Above Moving Averages: Lumentum Holdings Inc. (NASDAQ:LITE) - Post News (NASDAQ:LITE)
www.kentuckypostnews.com - September 14 at 6:01 PM
finance.yahoo.com logoLumentum Exhibits at Nine Commercial Lasers and Optical Communications Tradeshows in the Next Three Months (NASDAQ:LITE)
finance.yahoo.com - September 12 at 5:43 PM
investors.com logoNeoPhotonics Touts China As Fiber-Optics Supercycle Continues (NASDAQ:LITE)
www.investors.com - September 12 at 10:37 AM
News IconStock Stepping Up to a Recent High: Lumentum Holdings Inc. (NASDAQ:LITE) - Post News (NASDAQ:LITE)
www.kentuckypostnews.com - September 9 at 5:44 PM
finance.yahoo.com logoLUMENTUM HOLDINGS INC. Financials (NASDAQ:LITE)
finance.yahoo.com - September 9 at 5:44 PM
News IconLumentum Holdings Inc. (NASDAQ: LITE) shares set new 52-week high - BNB Daily (blog) (NASDAQ:LITE)
www.baseball-news-blog.com - September 8 at 5:47 PM
News IconPiper Jaffray Cos. Reiterates Overweight at Lumentum Holdings Inc. (NASDAQ: LITE) - BNB Daily (blog) (NASDAQ:LITE)
www.baseball-news-blog.com - September 8 at 5:47 PM
finance.yahoo.com logoCan The Uptrend Continue for Lumentum Holdings (LITE)? (NASDAQ:LITE)
finance.yahoo.com - September 8 at 5:47 PM
investors.com logoFinisar Keeps Fiber Optics 'Supercycle' Humming As Earnings, Guidance Beat (NASDAQ:LITE)
www.investors.com - September 8 at 5:47 PM
News IconLumentum Holdings Inc. (NASDAQ: LITE) hits new 52-week high - BNB Daily (blog) (NASDAQ:LITE)
www.baseball-news-blog.com - September 8 at 9:50 AM
finance.yahoo.com logoTime to Focus on Lumentum Holdings (LITE) for Strong Earnings Growth Potential (NASDAQ:LITE)
finance.yahoo.com - September 8 at 9:50 AM
investors.com logoECB, Finisar, Restoration Hardware Top Thursday's Investing Action Plan (NASDAQ:LITE)
www.investors.com - September 7 at 6:05 PM
News IconTechnology Stocks Worth Chasing: Pure Storage, Inc. (PSTG), Lumentum Holdings Inc. (LITE) - The Independent Republic (NASDAQ:LITE)
theindependentrepublic.com - September 7 at 9:26 AM
biz.yahoo.com logoLUMENTUM HOLDINGS INC. Files SEC form 10-K, Annual Report (NASDAQ:LITE)
biz.yahoo.com - September 2 at 5:56 PM
News IconBrokerage Firm Targets in Focus for Lumentum Holdings Inc (NASDAQ:LITE) - Post News (NASDAQ:LITE)
www.kentuckypostnews.com - September 1 at 8:59 AM
News IconCrowd Ratings and Street Focus on Lumentum Holdings Inc (NASDAQ:LITE) - Post News (NASDAQ:LITE)
www.kentuckypostnews.com - August 30 at 9:11 AM
nasdaq.com logoLumentum Holdings Inc (LITE) CEO and President Alan S Lowe Sold $5,9—8,77… of Stocks - Nasdaq (NASDAQ:LITE)
www.nasdaq.com - August 27 at 5:27 PM
capitalcube.com logoETF’s with exposure to Lumentum Holdings, Inc. : August 26, 2016 (NASDAQ:LITE)
www.capitalcube.com - August 26 at 5:45 PM
gurufocus.com logoLumentum Holdings Inc (LITE) CEO and President Alan S Lowe Sold $5,9—8,77… of Stocks - GuruFocus.com (NASDAQ:LITE)
www.gurufocus.com - August 26 at 8:56 AM
finance.yahoo.com logoLumentum Holdings Inc (LITE) CEO and President Alan S Lowe Sold $5,928,770 of Stocks (NASDAQ:LITE)
finance.yahoo.com - August 25 at 5:56 PM
finance.yahoo.com logoLumentum Holdings Inc (LITE) CEO and President Alan S Lowe Sold $5.9 million of Stocks (NASDAQ:LITE)
finance.yahoo.com - August 25 at 10:59 AM
News IconLumentum Holdings Inc.'s (LITE): Hot Stock Alert - Hot Stocks Point (NASDAQ:LITE)
www.hotstockspoint.com - August 24 at 5:47 PM
nasdaq.com logoOctober 21st Options Now Available For Lumentum Holdings (LITE) - Nasdaq (NASDAQ:LITE)
www.nasdaq.com - August 24 at 5:47 PM
capitalcube.com logoLumentum Holdings, Inc. :LITE-US: Earnings Analysis: 2016 By the Numbers : August 23, 2016 (NASDAQ:LITE)
www.capitalcube.com - August 23 at 10:21 AM
News IconStock Moving Up in Trade: Lumentum Holdings Inc. (NASDAQ:LITE) - Post News (NASDAQ:LITE)
www.kentuckypostnews.com - August 18 at 5:58 PM
News IconLumentum Holdings Inc. (NASDAQ: LITE) Shares Upgraded at ... - BNB Daily (blog) (NASDAQ:LITE)
www.baseball-news-blog.com - August 17 at 9:00 AM
News IconWall Street Price Targets on Lumentum Holdings Inc (NASDAQ:LITE) - Post News (NASDAQ:LITE)
www.kentuckypostnews.com - August 16 at 9:16 AM
capitalcube.com logoETF’s with exposure to Lumentum Holdings, Inc. : August 15, 2016 (NASDAQ:LITE)
www.capitalcube.com - August 15 at 6:10 PM
zacks.com logoNew Strong Buy Stocks for August 15th (NASDAQ:LITE)
www.zacks.com - August 15 at 8:07 AM
investors.com logoStocks End Little Changed, But Telecom Shares Soar, Thanks To Acacia (NASDAQ:LITE)
www.investors.com - August 12 at 6:04 PM
News IconStock to Watch: Lumentum Holdings Inc. (NASDAQ:LITE) - Post Registrar (NASDAQ:LITE)
postregistrar.com - August 12 at 9:11 AM
News IconLumentum Holdings Inc. (NASDAQ: LITE) downgraded at Morgan Stanley - BNB Daily (blog) (NASDAQ:LITE)
www.baseball-news-blog.com - August 12 at 9:11 AM
benzinga.com logoMorgan Stanley Downgrades Lumentum Holdings, Raises Target To $27 (NASDAQ:LITE)
www.benzinga.com - August 11 at 6:15 PM
fidaily.com logoNeedham Boosts Rating On Lumentum Holdings Inc. (LITE) - Finance Daily (NASDAQ:LITE)
www.fidaily.com - August 10 at 6:19 PM
sg.finance.yahoo.com logoLumentum beats Street 4Q forecasts (NASDAQ:LITE)
sg.finance.yahoo.com - August 10 at 8:55 AM
biz.yahoo.com logoQ4 2016 Lumentum Holdings Inc Earnings Release - After Market Close (NASDAQ:LITE)
biz.yahoo.com - August 9 at 9:01 AM

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Lumentum Holdings (NASDAQ:LITE) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff