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: $51.10
  • 50 Day Moving Average: $39.54
  • 200 Day Moving Average: $38.46
  • 52-Week Range: $60,580,000.00 - $20.80
  • Trailing P/E Ratio: 214.71
  • Foreward P/E Ratio: 20.44
  • P/E Growth: 1.22
  • Market Cap: $3.10B
  • Outstanding Shares: 60,580,000
  • Beta: 0.73
Profitability:
  • Net Margins: 1.50%
  • Return on Equity: 17.24%
  • Return on Assets: 11.55%
Debt:
  • Current Ratio: 2.61%
  • Quick Ratio: 2.01%
Additional Links:
Companies Related to Lumentum Holdings:

Analyst Ratings

Consensus Ratings for Lumentum Holdings (NASDAQ:LITE) (?)
Ratings Breakdown: 3 Sell Ratings, 1 Hold Rating, 8 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $43.38 (15.12% downside)

Analysts' Ratings History for Lumentum Holdings (NASDAQ:LITE)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017Stifel NicolausReiterated RatingBuy$45.00 -> $57.50View Rating Details
2/13/2017B. RileyReiterated RatingBuy$53.50View Rating Details
2/10/2017Raymond James Financial, Inc.Reiterated RatingBuy$46.00View Rating Details
2/10/2017MKM PartnersReiterated RatingBuy$50.00View Rating Details
2/8/2017Needham & Company LLCReiterated RatingStrong-BuyView Rating Details
2/8/2017J P Morgan Chase & CoReiterated RatingOverweightView Rating Details
2/8/2017Barclays PLCBoost Price TargetUnderweight$32.00 -> $35.00View Rating Details
2/8/2017Jefferies Group LLCReiterated RatingBuy$51.50View Rating Details
10/11/2016Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$36.00View Rating Details
10/7/2016Piper Jaffray CompaniesReiterated RatingOverweight$38.00 -> $47.00View Rating Details
8/11/2016Morgan StanleyDowngradeEqual Weight -> Underweight$20.00 -> $27.00View Rating Details
4/8/2016Drexel HamiltonInitiated CoverageHoldView Rating Details
3/28/2016Northland SecuritiesBoost Price TargetOutperform$30.00 -> $33.00View Rating Details
9/9/2015Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$22.00 -> $20.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Lumentum Holdings (NASDAQ:LITE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/7/2017        
2/7/2017Q2 2017$0.51$0.57$265.66 million$265.00 millionViewListenView Earnings Details
10/27/2016Q1$0.44$0.49$251.95 million$258.10 millionViewListenView Earnings Details
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: $2.13 EPS
Next Year EPS Consensus Estimate: $2.50 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161$0.38$0.38$0.38
Q4 20161$0.47$0.47$0.47
Q1 20171$0.33$0.33$0.33
Q2 20171$0.42$0.42$0.42
Q3 20171$0.36$0.36$0.36
Q4 20171$0.47$0.47$0.47
Q1 20181$0.60$0.60$0.60
Q2 20181$0.62$0.62$0.62
Q3 20181$0.41$0.41$0.41
Q4 20181$0.61$0.61$0.61
(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: 84.16%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/17/2017Alan S LoweCEOSell7,956$51.30$408,142.80View SEC Filing  
2/16/2017Aaron TachibanaCFOSell1,546$50.15$77,531.90View SEC Filing  
2/16/2017Judy G HamelGeneral CounselSell512$50.15$25,676.80View SEC Filing  
2/16/2017Vincent RetortCOOSell2,060$52.00$107,120.00View SEC Filing  
2/13/2017Judy G HamelGeneral CounselSell1,814$48.75$88,432.50View SEC Filing  
2/10/2017Harold L CovertDirectorSell12,000$47.09$565,080.00View SEC Filing  
2/10/2017Jason ReinhardtEVPSell10,000$47.80$478,000.00View SEC Filing  
1/17/2017Alan S LoweCEOSell5,221$36.05$188,217.05View SEC Filing  
11/22/2016Alan S LoweCEOSell1,093$40.50$44,266.50View SEC Filing  
11/22/2016Vincent RetortCOOSell620$40.50$25,110.00View SEC Filing  
11/17/2016Aaron TachibanaCFOSell5,180$40.10$207,718.00View SEC Filing  
11/17/2016Alan S LoweCEOSell6,113$40.68$248,676.84View SEC Filing  
11/17/2016Vincent RetortCOOSell1,578$40.45$63,830.10View SEC Filing  
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
News IconGeneral Counsel & Secretary of Lumentum Holdings Inc (NASDAQ:LITE), Hamel Judy G, sells 512 shares worth $25,677 (NASDAQ:LITE)
empowerednews.net - February 18 at 5:36 PM
News IconBuy, Sell or Hold? Analysts Approach: Sunstone Hotel Investors, Inc. (SHO), Lumentum Holdings Inc. (LITE)? - The USA Commerce (NASDAQ:LITE)
www.theusacommerce.com - February 18 at 12:00 PM
News IconEarnings Clues on TCF Financial Corporation (TCB), Lumentum Holdings Inc. (LITE) Analyst's Predictions - StockNewsJournal (NASDAQ:LITE)
stocknewsjournal.com - February 18 at 12:00 PM
seekingalpha.com logoLightPath Technologies: Undervalued And Overlooked Small-Cap Player In A Hot Optical Components Industry (NASDAQ:LITE)
seekingalpha.com - February 17 at 9:24 AM
istreetwire.com logoInvestor's Alert: Ophthotech Corporation (OPHT), Lumentum Holdings Inc. (LITE), Ocular Therapeutix, Inc. (OCUL) - iStreetWire (NASDAQ:LITE)
istreetwire.com - February 16 at 8:03 AM
News IconLumentum Holdings Inc. (LITE): An Examination Of The Chart For Today's Session - NY Stock News (NASDAQ:LITE)
nystocknews.com - February 15 at 9:13 PM
News IconWhat are Analyst's Indicators for Lumentum Holdings Inc. (LITE), TCF Financial Corporation (TCB) - The USA Commerce (NASDAQ:LITE)
www.theusacommerce.com - February 15 at 9:13 PM
News IconGeneral Counsel & Secretary of Lumentum Holdings Inc (NASDAQ:LITE), Hamel Judy G, sells 1,814 shares worth $88,440 (NASDAQ:LITE)
empowerednews.net - February 15 at 5:50 AM
News IconWhat the Charts are Saying About Lumentum Holdings Inc. (NASDAQ:LITE) - Baldwin Journal (NASDAQ:LITE)
baldwinjournal.com - February 15 at 12:50 AM
News IconChecking Out the Technicals for Lumentum Holdings Inc. (LITE) - The USA Commerce (NASDAQ:LITE)
theusacommerce.com - February 15 at 12:50 AM
capitalcube.com logoETFs with exposure to Lumentum Holdings, Inc. : February 14, 2017 (NASDAQ:LITE)
www.capitalcube.com - February 14 at 7:48 PM
News IconDirector of Lumentum Holdings Inc (NASDAQ:LITE), Covert Harold L, sells 12,000 shares worth $565,028 (NASDAQ:LITE)
empowerednews.net - February 14 at 12:31 AM
us.rd.yahoo.com logoGoldman Sachs Sees Increased Likelihood The iPhone 8 Will Include AR Content (NASDAQ:LITE)
us.rd.yahoo.com - February 14 at 12:31 AM
us.rd.yahoo.com logoApple: 3-D Sense is The Shot in the Arm iPhone Needs, Says Goldman (NASDAQ:LITE)
us.rd.yahoo.com - February 14 at 12:31 AM
us.rd.yahoo.com logoApple Gets Price-Target Hike On AR-Enabled iPhone 8 (NASDAQ:LITE)
us.rd.yahoo.com - February 14 at 12:31 AM
marketwatch.com logoTim Cook sparks predictions of augmented reality in Apple’s iPhone 8 (NASDAQ:LITE)
us.rd.yahoo.com - February 14 at 12:31 AM
capitalcube.com logoLumentum Holdings, Inc. :LITE-US: Earnings Analysis: Q2, 2017 By the Numbers : February 13, 2017 (NASDAQ:LITE)
www.capitalcube.com - February 13 at 10:39 AM
finance.yahoo.com logoLUMENTUM HOLDINGS INC. Financials (NASDAQ:LITE)
finance.yahoo.com - February 11 at 6:20 PM
News IconThe Technical Case for and Against Lumentum Holdings Inc. (LITE) - The USA Commerce (NASDAQ:LITE)
theusacommerce.com - February 11 at 5:08 AM
barrons.com logo[$$] Stalking the Component Makers for the iPhone X (NASDAQ:LITE)
www.barrons.com - February 11 at 5:08 AM
News IconLumentum Holdings Inc. (LITE) Issues Quarterly Earnings Results (NASDAQ:LITE)
hoyentv.com - February 11 at 12:06 AM
nasdaq.com logoLumentum (LITE) Worth a Look: Stock Adds 14% in Session - Nasdaq (NASDAQ:LITE)
www.nasdaq.com - February 10 at 7:04 PM
News IconLumentum Holdings Inc. (LITE) reported fiscal 2Q earnings of $11.8 million (NASDAQ:LITE)
ibusinesslines.com - February 10 at 12:16 AM
News IconLumentum Holdings Inc. (LITE) Price Target Raised to $35.00 at Barclays PLC (NASDAQ:LITE)
techknowbits.com - February 10 at 12:16 AM
News IconLumentum Holdings Inc (LITE) Releases Earnings Results, Beats Expectations By $0.06 EPS (NASDAQ:LITE)
prensariotiretail.com - February 10 at 12:16 AM
News IconSolid Session with Mixed Technicals (NASDAQ:LITE)
www.fxstreet.com - February 9 at 12:05 AM
benzinga.com logoLumentum Holdings Higher Off Q3 Guidance (NASDAQ:LITE)
www.benzinga.com - February 9 at 12:05 AM
us.rd.yahoo.com logoLumentum Surges 14%: Stunning Rebound on '3-D Sensing' Excitement (NASDAQ:LITE)
us.rd.yahoo.com - February 9 at 12:05 AM
News IconToday Analysts Focus on Diamond Offshore Drilling, Inc. (DO), Lumentum Holdings Inc. (LITE) - StockNewsJournal (NASDAQ:LITE)
stocknewsjournal.com - February 8 at 7:04 PM
News IconTaking a Look at the Chart for Lumentum Holdings Inc. (LITE) - The USA Commerce (NASDAQ:LITE)
theusacommerce.com - February 8 at 7:04 PM
finance.yahoo.com logoEdited Transcript of LITE earnings conference call or presentation 7-Feb-17 9:30pm GMT (NASDAQ:LITE)
finance.yahoo.com - February 8 at 5:38 AM
biz.yahoo.com logoQ2 2017 Lumentum Holdings Inc Earnings Release - After Market Close (NASDAQ:LITE)
us.rd.yahoo.com - February 7 at 7:35 PM
capitalcube.com logoLumentum Holdings, Inc. – Value Analysis (NASDAQ:LITE) : February 7, 2017 (NASDAQ:LITE)
us.rd.yahoo.com - February 7 at 7:35 PM
us.rd.yahoo.com logo3:39 pm Lumentum beats by $0.06, reports revs in-line; guides Q3 EPS midpoint above estimates, Q3 revs midpoint below below consensus (NASDAQ:LITE)
us.rd.yahoo.com - February 7 at 7:35 PM
us.rd.yahoo.com logoLumentum Announces Fiscal Second Quarter 2017 Results (NASDAQ:LITE)
us.rd.yahoo.com - February 7 at 7:35 PM
us.rd.yahoo.com logoLumentum Momentum Stalls; Fiscal Q2 Earnings, Revenue Miss (NASDAQ:LITE)
us.rd.yahoo.com - February 7 at 7:35 PM
biz.yahoo.com logoLumentum Holdings Inc Earnings Call scheduled for 4:30 pm ET today (NASDAQ:LITE)
us.rd.yahoo.com - February 7 at 7:35 PM
sg.finance.yahoo.com logoLumentum tops 2Q profit forecasts (NASDAQ:LITE)
sg.finance.yahoo.com - February 7 at 7:35 PM
capitalcube.com logoLumentum Holdings, Inc. breached its 50 day moving average in a Bullish Manner : LITE-US : February 6, 2017 (NASDAQ:LITE)
www.capitalcube.com - February 6 at 10:13 AM
News IconTrading Radar: Zooming in on Shares of Lumentum Holdings Inc. (LITE) - Springdale Times (NASDAQ:LITE)
springdaletimes.com - January 31 at 7:09 PM
News IconStock Survey: Viewing Levels for Lumentum Holdings Inc. (NASDAQ:LITE) - The Tribune (NASDAQ:LITE)
lakecitytribune.com - January 30 at 10:15 AM
News IconInvestor Watch: Checking in on Shares of Lumentum Holdings Inc. (NASDAQ:LITE) - The Tribune (NASDAQ:LITE)
lakecitytribune.com - January 27 at 10:55 PM
News IconTechnical Investor Update on Shares of Lumentum Holdings Inc. (LITE) - Springdale Times (NASDAQ:LITE)
springdaletimes.com - January 27 at 10:55 PM
News IconEarnings in Full Force, Analysts Take Aim at Lumentum Holdings Inc (NASDAQ:LITE) - Wall Street Beacon (NASDAQ:LITE)
wsbeacon.com - January 26 at 8:05 PM
News IconWhat are Stock Advisors saying about Lumentum Holdings Inc. (LITE) - Highland Mirror (NASDAQ:LITE)
www.highlandmirror.com - January 26 at 8:05 PM
News IconLumentum Holdings Inc. (NASDAQ:LITE) hit its 52 Week low of $18.99 on Jan 28, 2016 - The Newburgh Press (NASDAQ:LITE)
newburghpress.com - January 26 at 5:45 AM
News IconFirst Week of LITE September 15th Options Trading (NASDAQ:LITE)
www.stockoptionschannel.com - January 24 at 7:00 PM
News IconTrading Scope: ADX and CCI Review for Lumentum Holdings Inc. (LITE) - Rives Journal (NASDAQ:LITE)
rivesjournal.com - January 23 at 10:29 AM
News IconTrading Lines in Focus for Lumentum Holdings Inc. (LITE) - Springdale Times (NASDAQ:LITE)
springdaletimes.com - January 20 at 4:37 PM
News IconWill The Needle Move For Lumentum Holdings Inc (NASDAQ:LITE ... - Wall Street Beacon (NASDAQ:LITE)
wsbeacon.com - January 20 at 4:37 PM

Social

What is Lumentum Holdings' stock symbol?

Lumentum Holdings trades on the NASDAQ under the ticker symbol "LITE."

Where is Lumentum Holdings' stock going? Where will Lumentum Holdings' stock price be in 2017?

13 brokers have issued 12-month target prices for Lumentum Holdings' shares. Their predictions range from $27.00 to $57.50. On average, they expect Lumentum Holdings' share price to reach $43.38 in the next twelve months.

When will Lumentum Holdings announce their earnings?

Lumentum Holdings is scheduled to release their next quarterly earnings announcement on Tuesday, February, 7th 2017.

Who owns Lumentum Holdings stock?

Lumentum Holdings' stock is owned by many different of retail and institutional investors. Top institutional investors include Pinnacle Associates Ltd. (2.27%), State Street Corp (1.96%), FMR LLC (1.16%), Dimensional Fund Advisors LP (0.96%), CNH Partners LLC (0.80%) and Nokomis Capital L.L.C. (0.76%). Company insiders that own Lumentum Holdings stock include Aaron Tachibana, Alan S Lowe, Craig Cocchi, Harold L Covert, Jason Reinhardt, Judy G Hamel, Penny Herscher, Viavi Solutions Inc and Vincent Retort.

Who sold Lumentum Holdings stock? Who is selling Lumentum Holdings stock?

Lumentum Holdings' stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management AG, Castleark Management LLC, Pinnacle Associates Ltd., Employees Retirement System of Texas, Turner Investments LLC, NWQ Investment Management Company LLC, Cipher Capital LP and Metropolitan Life Insurance Co. NY. Company insiders that have sold Lumentum Holdings stock in the last year include Aaron Tachibana, Alan S Lowe, Harold L Covert, Jason Reinhardt, Judy G Hamel, Viavi Solutions Inc and Vincent Retort.

Who bought Lumentum Holdings stock? Who is buying Lumentum Holdings stock?

Lumentum Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Nokomis Capital L.L.C., FMR LLC, Bogle Investment Management L P DE, Calamos Advisors LLC, Russell Investments Group Ltd., Alyeska Investment Group L.P., State Street Corp and Guggenheim Capital LLC.

How do I buy Lumentum Holdings stock?

Shares of Lumentum Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Lumentum Holdings stock cost?

One share of Lumentum Holdings stock can currently be purchased for approximately $51.10.

Lumentum Holdings (NASDAQ:LITE) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Lumentum Holdings (NASDAQ:LITE)

Earnings History Chart

Earnings by Quarter for Lumentum Holdings (NASDAQ:LITE)

Dividend History Chart

Dividend Payments by Quarter for Lumentum Holdings (NASDAQ:LITE)

Last Updated on 2/20/2017 by MarketBeat.com Staff