Lumentum Holdings Company Profile (NASDAQ:LITE)

About Lumentum Holdings (NASDAQ:LITE)

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
  • Symbol: NASDAQ:LITE
  • CUSIP: N/A
  • Web:
  • Market Cap: $3.44 billion
  • Outstanding Shares: 61,149,000
Average Prices:
  • 50 Day Moving Avg: $48.51
  • 200 Day Moving Avg: $44.10
  • 52 Week Range: $22.00 - $58.90
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 21.62
  • P/E Growth: 1.50
Sales & Book Value:
  • Annual Revenue: $1.02 billion
  • Price / Sales: 3.37
  • Book Value: $7.67 per share
  • Price / Book: 7.33
  • EBIDTA: $125.9 million
  • Net Margins: 1.50%
  • Return on Equity: 17.24%
  • Return on Assets: 11.55%
  • Current Ratio: 2.61%
  • Quick Ratio: 2.01%
  • Average Volume: 1.97 million shs.
  • Beta: 0.73
  • Short Ratio: 2.85

Frequently Asked Questions for Lumentum Holdings (NASDAQ:LITE)

What is Lumentum Holdings' stock symbol?

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

How were Lumentum Holdings' earnings last quarter?

Lumentum Holdings Inc (NASDAQ:LITE) announced its quarterly earnings data on Thursday, May, 4th. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.12. The firm earned $255.80 million during the quarter, compared to analysts' expectations of $257.22 million. Lumentum Holdings had a net margin of 1.50% and a return on equity of 17.24%. The business's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.32 earnings per share. View Lumentum Holdings' Earnings History.

What guidance has Lumentum Holdings issued on next quarter's earnings?

Lumentum Holdings updated its second quarter earnings guidance on Thursday, May, 4th. The company provided EPS guidance of $0.30-0.40 for the period, compared to the Thomson Reuters consensus estimate of $0.55. The company issued revenue guidance of $220-235 million, compared to the consensus revenue estimate of $273.55 million.

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

13 brokerages have issued 1-year target prices for Lumentum Holdings' shares. Their predictions range from $44.00 to $66.00. On average, they anticipate Lumentum Holdings' share price to reach $52.27 in the next year. View Analyst Ratings for Lumentum Holdings.

What are analysts saying about Lumentum Holdings stock?

Here are some recent quotes from research analysts about Lumentum Holdings stock:

  • 1. According to Zacks Investment Research, "Lumentum Holdings Inc. is a manufacturer of innovative optical and photonic products. The Company's operating segment consists of Optical Communications and Commercial Lasers. Optical Communications segment portfolio includes products used by Telecom and Datacom nanoelectromechanical systems and traditional as well as cloud/data center service providers. Commercial Lasers segment products serve its customers in markets and applications, such as manufacturing, biotechnology, graphics and imaging, remote sensing and precision machining. Lumentum Holdings Inc. is headquartered in Milpitas, California. " (5/23/2017)
  • 2. Stifel Nicolaus analysts commented, "Earlier today at the 2017 Optical Fiber Communication Conference and Exposition (OFC) in Los Angeles we met with Lumentum's CEO, Alan Lowe, and VP of Strategy and Corporate Development, Chris Coldren, with discussions focused largely on China demand, ROADM deployments, progress with the QSFP28 and CFP2-ACO, the recently announced partnership with Ciena, and 3D sensing." (3/22/2017)
  • 3. Needham & Company LLC analysts commented, "China is a bit sluggish, but it's still early. Data Comm is shifting into high gear, but the mix is shifting to shorter reach lower ASPs. Metro Core in US/EMEA is strengthening. China ROADMs may take another quarter or two to kick in. Industrial lasers look ahead of target. Pump Lasers are sold out and are strong indicators of future. And then there is 3D Sensing, which could be a major driver. We see strong legs and breadth to the optical market. Breath deep, repeat after us, "it's only the seasonally slow quarter." We expect demand to strengthen as the year progresses. We expect strengthening Data Comm, strengthening Metro Core, stronger DCI demand, and yes, we expect orders from China to strengthen and ROADM sales to kick in. Oh, and we love 3D Sensing." (3/13/2017)

Who are some of Lumentum Holdings' key competitors?

Who owns Lumentum Holdings stock?

Lumentum Holdings' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.63%), Vanguard Group Inc. (8.60%), TIAA CREF Investment Management LLC (3.05%), Alliancebernstein L.P. (3.03%), Pinnacle Associates Ltd. (2.82%) and Gilder Gagnon Howe & Co. LLC (2.81%). 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. View Institutional Ownership Trends for Lumentum Holdings.

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 Teachers Advisors LLC, Falcon Point Capital LLC, Victory Capital Management Inc., Morgan Stanley, Driehaus Capital Management LLC, TIAA CREF Investment Management LLC, Parametric Portfolio Associates LLC and Russell Investments Group Ltd.. 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 and Vincent Retort. View Insider Buying and Selling for Lumentum Holdings.

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 BlackRock Inc., Alliancebernstein L.P., Wellington Management Group LLP, Sumitomo Mitsui Asset Management Company LTD, Whale Rock Capital Management LLC, Vanguard Group Inc., Westfield Capital Management Co. LP and Pinnacle Associates Ltd.. View Insider Buying and Selling for Lumentum Holdings.

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 $56.20.

Analyst Ratings

Consensus Ratings for Lumentum Holdings (NASDAQ:LITE) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $52.27 (6.99% downside)

Analysts' Ratings History for Lumentum Holdings (NASDAQ:LITE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/23/2017Rosenblatt SecuritiesInitiated CoverageBuy -> Buy$66.00LowView Rating Details
5/15/2017Stifel NicolausBoost Price TargetBuy$52.00 -> $53.00N/AView Rating Details
5/15/2017Jefferies Group LLCReiterated RatingBuy$62.00N/AView Rating Details
5/10/2017B. RileyReiterated RatingBuy$58.00LowView Rating Details
5/5/2017Barclays PLCUpgradeUnderweight -> Equal Weight$35.00 -> $48.00HighView Rating Details
5/4/2017Northland SecuritiesDowngradeOutperform -> Market PerformHighView Rating Details
4/25/2017Raymond James Financial, Inc.Reiterated RatingBuyLowView Rating Details
3/16/2017Goldman Sachs Group IncUpgradeSell -> Neutral$38.00 -> $45.00HighView Rating Details
3/13/2017Needham & Company LLCReiterated RatingStrong-Buy -> Positive$56.00MediumView Rating Details
2/27/2017MKM PartnersReiterated RatingBuy -> Neutral$50.00N/AView Rating Details
2/22/2017Morgan StanleyBoost Price TargetUnderweight$34.00 -> $44.00N/AView Rating Details
2/8/2017JPMorgan Chase & Co.Reiterated RatingOverweightN/AView Rating Details
10/7/2016Piper Jaffray CompaniesReiterated RatingOverweight$38.00 -> $47.00N/AView Rating Details
4/8/2016Drexel HamiltonInitiated CoverageHoldN/AView Rating Details
9/9/2015Royal Bank of CanadaDowngradeOutperform -> Sector Perform$22.00 -> $20.00N/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Lumentum Holdings (NASDAQ:LITE)
Earnings by Quarter for Lumentum Holdings (NASDAQ:LITE)
Earnings History by Quarter for Lumentum Holdings (NASDAQ:LITE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q3 2017$0.37$0.49$257.22 million$255.80 millionViewListenView Earnings Details
2/7/2017Q2 2017$0.51$0.57$265.66 million$265.00 millionViewListenView Earnings Details
10/27/2016Q1$0.35$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)


Earnings Estimates for Lumentum Holdings (NASDAQ:LITE)
2017 EPS Consensus Estimate: $1.58
2018 EPS Consensus Estimate: $3.54
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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$0.92$0.92$0.92
Q2 20181$0.82$0.82$0.82
Q3 20181$0.61$0.61$0.61
Q4 20181$1.19$1.19$1.19
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading and Institutional Ownership History for Lumentum Holdings (NASDAQ:LITE)
Insider Ownership Percentage: 0.76%
Institutional Ownership Percentage: 84.16%
Insider Trades by Quarter for Lumentum Holdings (NASDAQ:LITE)
Institutional Ownership by Quarter for Lumentum Holdings (NASDAQ:LITE)
Insider Trades by Quarter for Lumentum Holdings (NASDAQ:LITE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/23/2017Alan S LoweCEOSell1,085$58.15$63,092.75View SEC Filing  
5/23/2017Vincent RetortCOOSell805$58.15$46,810.75View SEC Filing  
5/17/2017Aaron TachibanaCFOSell1,521$54.40$82,742.40View SEC Filing  
5/17/2017Alan S LoweCEOSell5,954$54.29$323,242.66View SEC Filing  
5/17/2017Judy G HamelGeneral CounselSell419$54.40$22,793.60View SEC Filing  
5/17/2017Vincent RetortCOOSell2,029$54.26$110,093.54View SEC Filing  
2/22/2017Alan S LoweCEOSell1,094$52.10$56,997.40View SEC Filing  
2/22/2017Vincent RetortCOOSell809$52.10$42,148.90View SEC Filing  
2/21/2017Judy G HamelGeneral CounselSell208$51.15$10,639.20View SEC Filing  
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)


Headline Trends for Lumentum Holdings (NASDAQ:LITE)
Latest Headlines for Lumentum Holdings (NASDAQ:LITE)
DateHeadline logoLumentum Holdings Inc (LITE) Stock Rating Lowered by Zacks Investment Research - May 23 at 11:48 PM logoLumentum Holdings Inc (LITE) COO Sells $46,810.75 in Stock - May 23 at 8:34 PM logoInsider Selling: Lumentum Holdings Inc (LITE) CEO Sells 1,085 Shares of Stock - May 23 at 8:18 PM logoLumentum Holdings Inc (LITE) Receives New Coverage from Analysts at Rosenblatt Securities - May 23 at 8:44 AM logoLumentum Holdings Inc (LITE) Given Consensus Recommendation of "Hold" by Analysts - May 22 at 8:24 AM logoJudy G. Hamel Sells 419 Shares of Lumentum Holdings Inc (LITE) Stock - May 17 at 11:14 PM logoAaron Tachibana Sells 1,521 Shares of Lumentum Holdings Inc (LITE) Stock - May 17 at 11:14 PM logoLumentum Holdings Inc (LITE) COO Sells $110,093.54 in Stock - May 17 at 11:14 PM logoInsider Selling: Lumentum Holdings Inc (LITE) CEO Sells 5,954 Shares of Stock - May 17 at 10:50 PM logoPost Earnings Coverage as Harris' EPS Grew 4%; Narrowed Outlook - May 17 at 9:33 AM logoLumentum Holdings Inc (LITE) Rating Reiterated by B. Riley - May 10 at 8:56 PM logoWill Apple iPhone 8 Light Up New Breakout For Lumentum? - May 9 at 6:02 PM logoLumentum Holdings, Inc. breached its 50 day moving average in a Bullish Manner : LITE-US : May 8, 2017 - May 8 at 10:36 AM logoHow To Survive The Optical Networking Shakeout - Seeking Alpha - May 7 at 6:48 PM logoLumentum Holdings Inc (LITE) Receives "Buy" Rating from Jefferies Group LLC - May 7 at 10:32 AM logoLumentum Holdings Inc (LITE) Given "Buy" Rating at B. Riley - May 6 at 5:08 PM logoLumentum Holdings Inc (LITE) Upgraded to Equal Weight at Barclays PLC - May 6 at 3:22 PM logoLumentum Holdings Inc (LITE) Stock Rating Reaffirmed by Stifel Nicolaus - May 6 at 11:08 AM logoViavi: 3-D Sensing Can Be Big For Them, Says Jefferies - May 5 at 11:16 PM logoEdited Transcript of LITE earnings conference call or presentation 4-May-17 12:30pm GMT - May 5 at 6:15 PM logoLumentum Surges 10%: Who Cares About China, It's All About iPhone - May 4 at 6:27 PM logoApplied Opto Rising: No China Woes Here - May 4 at 6:27 PM logoLumentum Holdings Inc (LITE) Downgraded by Northland Securities to "Market Perform" - May 4 at 6:18 PM logoLumentum Holdings Inc (LITE) Posts Earnings Results, Hits Estimates - May 4 at 5:26 PM logoInvestor Network: Lumentum Holdings, Inc. to Host Earnings Call - May 4 at 11:56 AM logoLumentum Announces Fiscal Third Quarter 2017 Results - May 4 at 11:56 AM logoLumentum reports 3Q loss - May 4 at 11:56 AM logoLumentum Stock Pops: Apple Speculation Stifles China Woes - May 4 at 11:56 AM logoLumentum Holdings Inc (LITE) Issues Q2 Earnings Guidance - May 4 at 9:41 AM logo Brokerages Anticipate Lumentum Holdings Inc (LITE) Will Announce Quarterly Sales of $259.28 Million - May 4 at 1:03 AM logoLumentum Holdings Inc (LITE) Expected to Post Earnings of $0.37 Per Share - May 4 at 1:02 AM logoTech Stocks to Watch for Earnings on May 4: MTD, PKI & More - May 3 at 5:24 PM logoLumentum Holdings (LITE) Earns Daily News Sentiment Rating of 0.26 - May 3 at 1:04 AM logoLumentum Fades Out Of Buy Zone; Can Earnings Light The Way Back? - May 2 at 12:47 PM logo$259.28 Million in Sales Expected for Lumentum Holdings Inc (LITE) This Quarter - April 30 at 9:50 AM logoLumentum Holdings (LITE) Given Daily Coverage Optimism Score of 0.16 - April 29 at 7:43 PM logo[$$] Fiberoptic Stocks Are Back, and This Time It's for Real - April 29 at 12:15 AM logoZacks: Analysts Anticipate Lumentum Holdings Inc (LITE) to Post $0.38 EPS - April 28 at 9:10 AM logoLumentum Gets Rating Upgrade, But Can It See The Light? - April 27 at 11:53 PM logoLumentum Holdings (LITE) Earning Favorable Media Coverage, Analysis Shows - April 26 at 6:36 PM logoLumentum Holdings' (LITE) "Buy" Rating Reaffirmed at Raymond James Financial, Inc. - April 25 at 2:36 PM logoLumentum Holdings (LITE) Receives Daily Coverage Optimism Score of 0.05 - April 23 at 6:36 PM logoLumentum Holdings (LITE) Earns Media Sentiment Rating of 0.25 - April 20 at 11:49 PM logoZacks Investment Research Downgrades Lumentum Holdings Inc (LITE) to Hold - April 18 at 7:14 AM logoLumentum Sell-Off... Should You Buy? - Seeking Alpha - April 17 at 5:36 PM logoLumentum Holdings (LITE) Receives Daily Media Sentiment Score of 0.31 - April 16 at 1:25 PM logoLumentum Holdings Inc (LITE) Downgraded to Hold at Zacks Investment Research - April 14 at 2:02 PM logoLumentum Holdings (LITE) Given Coverage Optimism Rating of 0.08 - April 13 at 7:46 PM logoApplied Opto Targets Zoom, Finisar, Lumentum Et Al. Higher - April 13 at 5:59 PM logoLumentum Holdings, Inc. – Value Analysis (NASDAQ:LITE) : April 12, 2017 - April 13 at 12:45 AM



Lumentum Holdings (LITE) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff