NASDAQ:LITE - Lumentum Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $61.81 -0.28 (-0.45 %) (As of 04/25/2019 06:37 AM ET)Previous Close$62.09Today's Range$61.15 - $62.7052-Week Range$37.00 - $69.95Volume674,241 shsAverage Volume1.36 million shsMarket Capitalization$4.70 billionP/E Ratio19.08Dividend YieldN/ABeta0.65 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 through two segments, Optical Communications and Commercial Lasers. The Optical Communications segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and text 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; optical transceivers for fiber channel and Ethernet applications; integrated fiber optic transceivers; vertical-cavity surface-emitting lasers; distributed feedback 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, and remote sensing, as well as in precision machining, such as drilling in printed circuit boards, wafer singulation, glass cutting, and solar cell scribing. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in Milpitas, California. Receive LITE News and Ratings via Email Sign-up to receive the latest news and ratings for LITE and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Communications equipment, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:LITE Previous SymbolNASDAQ:LITEV CUSIPN/A CIK1633978 Webwww.lumentum.comen Phone408-546-5483Debt Debt-to-Equity Ratio0.53 Current Ratio4.17 Quick Ratio3.24Price-To-Earnings Trailing P/E Ratio19.08 Forward P/E Ratio18.67 P/E Growth1.17 Sales & Book Value Annual Sales$1.25 billion Price / Sales3.77 Cash Flow$4.8440 per share Price / Cash Flow12.76 Book Value$14.79 per share Price / Book4.18Profitability EPS (Most Recent Fiscal Year)$3.24 Net Income$248.10 million Net Margins7.50% Return on Equity20.24% Return on Assets11.67%Miscellaneous Employees2,930 Outstanding Shares76,100,000Market Cap$4.70 billion Next Earnings Date5/7/2019 (Confirmed) OptionableOptionable Lumentum (NASDAQ:LITE) Frequently Asked Questions What is Lumentum's stock symbol? Lumentum trades on the NASDAQ under the ticker symbol "LITE." How were Lumentum's earnings last quarter? Lumentum Holdings Inc (NASDAQ:LITE) released its quarterly earnings results on Tuesday, February, 5th. The technology company reported $1.15 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.00 by $0.15. The technology company earned $373.70 million during the quarter, compared to analysts' expectations of $365.08 million. Lumentum had a return on equity of 20.24% and a net margin of 7.50%. The business's revenue was down 7.6% on a year-over-year basis. During the same period last year, the firm posted $1.67 EPS. View Lumentum's Earnings History. When is Lumentum's next earnings date? Lumentum is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Lumentum. How can I listen to Lumentum's earnings call? Lumentum will be holding an earnings conference call on Tuesday, May 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8332877900. What guidance has Lumentum issued on next quarter's earnings? Lumentum updated its third quarter earnings guidance on Tuesday, February, 5th. The company provided earnings per share (EPS) guidance of $0.76-0.94 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.91. The company issued revenue guidance of $420-440 million, compared to the consensus revenue estimate of $435.67 million.Lumentum also updated its Q3 2019 guidance to $0.76-0.94 EPS. What price target have analysts set for LITE? 19 analysts have issued 1 year price objectives for Lumentum's shares. Their predictions range from $52.00 to $98.00. On average, they expect Lumentum's share price to reach $71.3158 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price. View Analyst Price Targets for Lumentum. What is the consensus analysts' recommendation for Lumentum? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lumentum in the last year. There are currently 17 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lumentum. What are Wall Street analysts saying about Lumentum stock? Here are some recent quotes from research analysts about Lumentum stock: 1. Northland Securities analysts commented, "We further reduce our FQ4 revenue ests as a result, with EPS unchanged given the low GMs and losses associated with the unit, and increase our PT to $70 reflecting both the higher margin profile of the remaining datacom chip revenue as well as further indications of both short and medium terms conservatism in 3DS estimates. Key Points The CIG deal was announced in early March at OFC, leading us to modestly increase our $80M reduction in revs and our PT to $64. We make modest additional cuts in revs as a result of the company’s guide but no changes to EPS, despite some positive offset in laser chip revs from a long term supply agreement between LITE and CIG, adding to an already substantial high margin OCLR datacom laser unit we estimate in the $10-15M/Q range." (4/22/2019) 2. 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. " (4/10/2019) Has Lumentum been receiving favorable news coverage? Media stories about LITE stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lumentum earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. Who are some of Lumentum's key competitors? Some companies that are related to Lumentum include AAC TECHNOLOGIE/ADR (AACAY), Iridium Communications (IRDM), ESCO Technologies (ESE), Vocera Communications (VCRA), ADVA Optical Networking (ADVOF), Napco Security Technologies (NSSC), Inseego (INSG), Turtle Beach (HEAR), Iteris (ITI), Magal Security Systems (MAGS), UTStarcom (UTSI), I.D. Systems (IDSY), Risk (George) Industries (RSKIA), 5Barz International (BARZ) and Grow Condos (GRWC). What other stocks do shareholders of Lumentum own? Based on aggregate information from My MarketBeat watchlists, some companies that other Lumentum investors own include Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Applied Optoelectronics (AAOI), Applied Materials (AMAT), Intel (INTC), Advanced Micro Devices (AMD), Netflix (NFLX), Canopy Growth (CGC) and Adobe (ADBE). Who are Lumentum's key executives? Lumentum's management team includes the folowing people: Mr. Alan S. Lowe, Pres, CEO & Director (Age 57)Ms. Judy G. Hamel, Sr. VP, Gen. Counsel and Sec. (Age 53)Mr. Jason Reinhardt, Exec. VP of Global Sales (Age 45)Mr. Vincent Retort, Exec. VP & GM of 3D Sensing (Age 65)Mr. Christopher W. Coldren, Sr. VP of Bus. Devel. (Age 47) Who are Lumentum's major shareholders? Lumentum's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Ellis Investment Partners LLC (1.96%), Peregrine Capital Management LLC (0.98%), Copper Rock Capital Partners LLC (0.45%), Retirement Systems of Alabama (0.27%), Smith Graham & Co. Investment Advisors LP (0.18%) and Aurora Investment Counsel (0.03%). Company insiders that own Lumentum stock include Aaron Tachibana, Alan S Lowe, Christopher W Coldren, Harold L Covert, Jason Reinhardt, Judy G Hamel, Martin A Kaplan, Matthew Joseph Sepe, Penny Herscher and Vincent Retort. View Institutional Ownership Trends for Lumentum. Which major investors are selling Lumentum stock? LITE stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Aurora Investment Counsel, Nisa Investment Advisors LLC and Thompson Investment Management Inc.. Company insiders that have sold Lumentum company stock in the last year include Aaron Tachibana, Alan S Lowe, Christopher W Coldren, Harold L Covert, Jason Reinhardt, Judy G Hamel, Martin A Kaplan, Matthew Joseph Sepe, Penny Herscher and Vincent Retort. View Insider Buying and Selling for Lumentum. Which major investors are buying Lumentum stock? LITE stock was bought by a variety of institutional investors in the last quarter, including Ellis Investment Partners LLC, Copper Rock Capital Partners LLC, Peregrine Capital Management LLC, Sanders Morris Harris LLC, Smith Graham & Co. Investment Advisors LP, Brinker Capital Inc., FNY Investment Advisers LLC and Huntington National Bank. View Insider Buying and Selling for Lumentum. How do I buy shares of Lumentum? Shares of LITE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Lumentum's stock price today? One share of LITE stock can currently be purchased for approximately $61.81. How big of a company is Lumentum? Lumentum has a market capitalization of $4.70 billion and generates $1.25 billion in revenue each year. The technology company earns $248.10 million in net income (profit) each year or $3.24 on an earnings per share basis. Lumentum employs 2,930 workers across the globe. What is Lumentum's official website? The official website for Lumentum is http://www.lumentum.com/en. How can I contact Lumentum? Lumentum's mailing address is 400 NORTH MCCARTHY BOULEVARD, MILPITAS CA, 95035. The technology company can be reached via phone at 408-546-5483 or via email at [email protected] MarketBeat Community Rating for Lumentum (NASDAQ LITE)Community Ranking: 3.2 out of 5 ( )Outperform Votes: 623 (Vote Outperform)Underperform Votes: 363 (Vote Underperform)Total Votes: 986MarketBeat's community ratings are surveys of what our community members think about Lumentum and other stocks. Vote "Outperform" if you believe LITE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LITE will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 4/25/2019 by MarketBeat.com StaffFeatured Article: What is the NASDAQ Stock Market?