Lumentum Holdings Company Profile (NASDAQ:LITE)

About Lumentum Holdings

Lumentum Holdings logoLumentum Holdings Inc. (Lumentum) is a provider of optical and photonic products. The Company's products are used in a range of end markets, including data communications (Datacom) and telecommunications (Telecom) networking, and industrial and commercial lasers (commercial lasers) for manufacturing, inspection and life-sciences applications. The Company operates through two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The Company's OpComms segment portfolio includes products used by Telecom and Datacom nanoelectromechanical systems (NEMs) and both traditional and cloud/data center service providers. The Company's Lasers segment products serve its 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.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: LITE
  • CUSIP:
Key Metrics:
  • Previous Close: $33.66
  • 50 Day Moving Average: $29.34
  • 200 Day Moving Average: $26.00
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 15.80
  • P/E Growth: 0.93
  • Market Cap: $2.01B
  • Outstanding Shares: 59,580,000
Additional Links:
Companies Related to Lumentum Holdings:

Analyst Ratings

Consensus Ratings for Lumentum Holdings (NASDAQ:LITE) (?)
Ratings Breakdown: 2 Sell Ratings, 3 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $32.96 (2.08% downside)

Analysts' Ratings History for Lumentum Holdings (NASDAQ:LITE)
Show:
DateFirmActionRatingPrice TargetDetails
8/15/2016B. RileyReiterated RatingBuy$41.50View Rating Details
8/13/2016Piper Jaffray Cos.Reiterated RatingOverweight$32.00 -> $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
7/25/2016Needham & Company LLCUpgradeBuy -> Strong-Buy$35.00 -> $40.00View Rating Details
7/20/2016MKM PartnersBoost Price TargetBuy$28.00 -> $32.00View 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 8/25/2014 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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 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
investors.com logoWalt Disney, CyberArk, LGI Homes, Lumentum Earnings: Investing Action Plan (NASDAQ:LITE)
www.investors.com - August 8 at 6:11 PM
finance.yahoo.com logoLaser Stocks' Earnings to Watch on Aug 9: LITE & RSTI (NASDAQ:LITE)
finance.yahoo.com - August 8 at 10:40 AM
investors.com logoAcacia Communications Leads 4 Optical 'Super Cycle' Earnings This Week (NASDAQ:LITE)
www.investors.com - August 7 at 10:11 AM
streetupdates.com logoSummary of Analyst's Study: CSRA Inc (NYSE:CSRA) , Lumentum Holdings Inc. (NASDAQ:LITE) - Street Updates (NASDAQ:LITE)
www.streetupdates.com - August 6 at 6:06 PM
News IconLumentum Holdings Inc. (NASDAQ:LITE) Near to Lift Curtain on June 2016 Earnings - The Voice Registrar (NASDAQ:LITE)
voiceregistrar.com - August 6 at 6:06 PM
tradecalls.org logoNeedham Upgrades Lumentum Holdings Inc to Strong Buy - Trade Calls (NASDAQ:LITE)
www.tradecalls.org - August 2 at 10:48 AM
investors.com logoSpinoff Is Best Thing That Ever Happened To Young Fiber-Optic Firm (NASDAQ:LITE)
www.investors.com - July 27 at 8:00 AM
News IconHot Stock seeking Investors: Lumentum Holdings Inc. (NASDAQ:LITE) - News Oracle (NASDAQ:LITE)
www.newsoracle.com - July 26 at 6:12 PM
seekingalpha.com logoOptical technologies makers rise on cycle prediction - Seeking Alpha (NASDAQ:LITE)
seekingalpha.com - July 25 at 6:06 PM
News IconLumentum Holdings Inc (NASDAQ:LITE): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:LITE)
www.engelwooddaily.com - July 21 at 6:10 PM
News IconLumentum Holdings Incorporated (NASDAQ:LITE) Short Interest Increased By 25.2% - Consumer Eagle (NASDAQ:LITE)
www.consumereagle.com - July 21 at 6:10 PM
News IconEquity Roundup: Stock Performance Focus on Lumentum Holdings Inc (NASDAQ:LITE) - Press Telegraph (NASDAQ:LITE)
presstelegraph.com - July 21 at 12:06 PM
capitalcube.com logoLumentum Holdings, Inc. breached its 50 day moving average in a Bullish Manner : LITE-US : July 11, 2016 (NASDAQ:LITE)
www.capitalcube.com - July 11 at 9:57 AM
nasdaq.com logoCommit To Purchase Lumentum Holdings At $20, Earn 14.1% Annualized Using Options (NASDAQ:LITE)
www.nasdaq.com - July 7 at 5:58 PM
capitalcube.com logoLumentum Holdings, Inc. breached its 50 day moving average in a Bearish Manner : LITE-US : June 27, 2016 (NASDAQ:LITE)
www.capitalcube.com - June 27 at 11:19 AM
biz.yahoo.com logoLUMENTUM HOLDINGS INC. Files SEC form 8-K, Other Events (NASDAQ:LITE)
biz.yahoo.com - June 21 at 4:38 PM
capitalcube.com logoLumentum Holdings, Inc. breached its 50 day moving average in a Bullish Manner : LITE-US : June 16, 2016 (NASDAQ:LITE)
www.capitalcube.com - June 16 at 8:06 AM
finance.yahoo.com logoLumentum Wins 2016 Leading Lights Top Award (NASDAQ:LITE)
finance.yahoo.com - May 24 at 4:05 PM
News IconShare Recap and Earnings Focus on Lumentum Holdings Inc (NASDAQ:LITE) - Wall Street Hints and News (NASDAQ:LITE)
hintsnewsnetwork.com - May 21 at 2:23 PM
News IconAre Analysts Bearish Lumentum Holdings Inc (NASDAQ:LITE) After Last Week? - Wall Street Hints and News (NASDAQ:LITE)
hintsnewsnetwork.com - May 20 at 2:04 PM
News IconLumentum Holdings Incorporated (NASDAQ:LITE) Sellers Increased By 24.59% Their Shorts - Wall Street Hints and News (NASDAQ:LITE)
hintsnewsnetwork.com - May 20 at 2:04 PM
capitalcube.com logoETF’s with exposure to Lumentum Holdings, Inc. : May 19, 2016 (NASDAQ:LITE)
www.capitalcube.com - May 19 at 7:39 PM
tradecalls.org logoJP Morgan Upgrades Lumentum Holdings Inc to Overweight with Price Target $28.00 - Trade Calls (NASDAQ:LITE)
www.tradecalls.org - May 18 at 2:03 PM
streetupdates.com logoSignificant Movements: Arista Networks, Inc. (NYSE:ANET) , Lumentum Holdings Inc. (NASDAQ:LITE) - Street Updates (NASDAQ:LITE)
www.streetupdates.com - May 18 at 2:03 PM
streetupdates.com logoLatest Price movements of Stocks: NQ Mobile Inc. (NYSE:NQ) , Lumentum Holdings Inc. (NASDAQ:LITE) - Street Updates (NASDAQ:LITE)
www.streetupdates.com - May 16 at 1:50 PM
streetupdates.com logoOverview of Stock's Trend: ORBCOMM Inc. (NASDAQ:ORBC) , Lumentum Holdings Inc. (NASDAQ:LITE) - Street Updates (NASDAQ:LITE)
www.streetupdates.com - May 13 at 1:26 PM
finance.yahoo.com logoLUMENTUM HOLDINGS INC. Financials (NASDAQ:LITE)
finance.yahoo.com - May 12 at 1:04 PM
capitalcube.com logoLumentum Holdings, Inc. :LITE-US: Earnings Analysis: Q3, 2016 By the Numbers (NASDAQ:LITE)
www.capitalcube.com - May 10 at 12:33 PM
News IconEarnings Outlook on Lumentum Holdings Inc (NASDAQ:LITE) - B.O.D.Y Confidential (NASDAQ:LITE)
www.bodyconfidential.com - May 7 at 1:12 PM
capitalcube.com logoETF’s with exposure to Lumentum Holdings, Inc. : May 5, 2016 (NASDAQ:LITE)
www.capitalcube.com - May 5 at 5:32 PM
News IconAverage Analyst Rating for Lumentum Holdings Inc (NASDAQ:LITE) - B.O.D.Y Confidential (NASDAQ:LITE)
www.bodyconfidential.com - May 5 at 1:52 PM
fidaily.com logoLumentum Holdings Inc. (LITE) – JP Morgan Updates Rating And Raises Price Target (NASDAQ:LITE)
www.fidaily.com - May 5 at 1:52 PM
finance.yahoo.com logo5:44 pm Lumentum beats by $0.01, beats on revs; guides Q2 EPS in-line, revs in-line (NASDAQ:LITE)
finance.yahoo.com - May 4 at 5:44 PM
biz.yahoo.com logoLUMENTUM HOLDINGS INC. Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:LITE)
biz.yahoo.com - May 4 at 4:33 PM
finance.yahoo.com logoLumentum Announces Fiscal Third Quarter 2016 Results (NASDAQ:LITE)
finance.yahoo.com - May 4 at 4:05 PM

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Lumentum Holdings (NASDAQ:LITE) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff