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: Communications & Networking - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:LITE
  • CUSIP: N/A
  • Web:
  • Market Cap: $3.2 billion
  • Outstanding Shares: 61,476,000
Average Prices:
  • 50 Day Moving Avg: $59.67
  • 200 Day Moving Avg: $53.22
  • 52 Week Range: $32.90 - $68.63
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.61
  • P/E Growth: 0.92
Sales & Book Value:
  • Annual Revenue: $1 billion
  • Price / Sales: 3.20
  • Book Value: $10.07 per share
  • Price / Book: 5.16
  • EBIDTA: $144.13 million
  • Net Margins: -10.25%
  • Return on Equity: 18.12%
  • Return on Assets: 9.48%
  • Debt-to-Equity Ratio: 0.51%
  • Current Ratio: 5.05%
  • Quick Ratio: 4.26%
  • Average Volume: 1.86 million shs.
  • Beta: 0.96
  • Short Ratio: 4.03

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) issued its quarterly earnings results on Wednesday, August, 9th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.18. The business earned $222.70 million during the quarter, compared to the consensus estimate of $229.45 million. Lumentum Holdings had a positive return on equity of 18.12% and a negative net margin of 10.25%. The company's quarterly revenue was down 7.9% on a year-over-year basis. During the same quarter last year, the company earned $0.41 earnings per share. View Lumentum Holdings' Earnings History.

When will Lumentum Holdings make its next earnings announcement?

Lumentum Holdings is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Lumentum Holdings.

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

Lumentum Holdings updated its third quarter earnings guidance on Wednesday, August, 9th. The company provided earnings per share (EPS) guidance of $0.50-0.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.55. The company issued revenue guidance of $245-265 million, compared to the consensus revenue estimate of $271.55 million.

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

15 analysts have issued 1-year price targets for Lumentum Holdings' shares. Their forecasts range from $44.00 to $83.00. On average, they expect Lumentum Holdings' share price to reach $64.36 in the next twelve months. 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. " (8/15/2017)
  • 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 are Lumentum Holdings' key executives?

Lumentum Holdings' management team includes the folowing people:

  • Martin A. Kaplan, Independent Chairman of the Board
  • Alan S. Lowe, President, Chief Executive Officer, Director
  • Aaron Tachibana, Chief Financial Officer
  • Vincent Retort, Chief Operating Officer, Executive Vice President
  • Jason Reinhardt, Executive Vice President, Global Sales and Product Line Management
  • Judy Hamel, General Counsel, Secretary
  • Harold L. Covert Jr., Independent Director
  • Penelope A. Herscher, Independent Director
  • Brian J. Lillie, Independent Director
  • Samuel F. Thomas, Independent Director

Who owns Lumentum Holdings stock?

Lumentum Holdings' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.27%), Capital Research Global Investors (10.73%), Vanguard Group Inc. (8.72%), Bank of New York Mellon Corp (4.35%), Alliancebernstein L.P. (3.44%) and Gilder Gagnon Howe & Co. LLC (3.43%). 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 Westfield Capital Management Co. LP, Sumitomo Mitsui Asset Management Company LTD, UBS Asset Management Americas Inc., State of New Jersey Common Pension Fund D, Victory Capital Management Inc., AO Asset Management LLC, Bank of Montreal Can and Whale Rock Capital Management LLC. 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, Penny Herscher 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 bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Columbus Circle Investors, BlackRock Inc., Gilder Gagnon Howe & Co. LLC, FMR LLC, Hood River Capital Management LLC, Alliancebernstein L.P. and Dimensional Fund Advisors LP. 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.

What is Lumentum Holdings' stock price today?

One share of Lumentum Holdings stock can currently be purchased for approximately $52.00.

MarketBeat Community Rating for Lumentum Holdings (NASDAQ LITE)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  302 (Vote Outperform)
Underperform Votes:  151 (Vote Underperform)
Total Votes:  453
MarketBeat's community ratings are surveys of what our community members think about Lumentum Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Lumentum Holdings (NASDAQ:LITE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 9 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $64.36 (23.76% upside)

Analysts' Ratings History for Lumentum Holdings (NASDAQ:LITE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/13/2017B. RileyReiterated RatingBuy$81.00MediumView Rating Details
8/10/2017Needham & Company LLCReiterated RatingStrong-Buy$80.00LowView Rating Details
8/10/2017Jefferies Group LLCReiterated RatingBuy$63.00 -> $72.00LowView Rating Details
8/10/2017DA DavidsonReiterated RatingBuy$77.00 -> $83.00MediumView Rating Details
8/10/2017Barclays PLCBoost Price TargetEqual Weight$50.00 -> $59.00MediumView Rating Details
8/10/2017Piper Jaffray CompaniesReiterated RatingOverweight$68.00HighView Rating Details
8/9/2017Rosenblatt SecuritiesSet Price TargetBuy$66.00 -> $70.00HighView Rating Details
8/9/2017Craig HallumReiterated RatingBuy$75.00HighView Rating Details
7/22/2017Stifel NicolausReiterated RatingBuy$73.00HighView Rating Details
7/10/2017Northland SecuritiesSet Price TargetHold$55.00MediumView Rating Details
4/25/2017Raymond James Financial, Inc.Reiterated RatingBuyLowView Rating Details
3/16/2017Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$38.00 -> $45.00HighView 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
2/8/2017J P Morgan Chase & CoReiterated RatingOverweightN/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 8/20/2015 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
8/9/2017Q4 2017$0.21$0.39$229.45 million$222.70 millionViewListenView Earnings Details
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: $2.77
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 20182$0.34$0.92$0.63
Q2 20182$0.60$0.82$0.71
Q3 20182$0.51$0.61$0.56
Q4 20182$0.55$1.19$0.87
(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: 97.36%
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
8/15/2017Penny HerscherDirectorSell1,313$53.04$69,641.52View SEC Filing  
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 logoBidaskClub Downgrades Lumentum Holdings Inc. (LITE) to Sell - August 19 at 5:20 PM logoLumentum Holdings, Inc. – Value Analysis (NASDAQ:LITE) : August 19, 2017 - August 18 at 8:44 PM logoApple’s iPhone Gives Little-Known Suppliers a Long-Awaited Payday - August 18 at 6:24 AM logoLumentum Holdings Inc. (LITE) Director Sells $69,641.52 in Stock - August 17 at 10:48 PM logoRumored Apple Inc. Supplier Talks 3D Sensing - August 15 at 1:05 AM logoLumentum Holdings Inc. (LITE) Rating Reiterated by B. Riley - August 13 at 6:32 PM logoSee what the IHS Markit Score report has to say about Lumentum Holdings Inc. - August 12 at 7:27 PM logoLumentum: China Woes; High Hopes For 3-D Sensing - Barron's - Barron's - August 12 at 2:39 AM logoLumentum Q4: Take Aways - Seeking Alpha - August 12 at 2:39 AM logoLumentum Holdings Inc. (NASDAQ:LITE) Announces Earnings Results - August 11 at 2:06 PM logoLumentum: China Woes; High Hopes For 3-D Sensing - August 11 at 6:07 AM logoNeedham & Company LLC Reaffirms "Strong-Buy" Rating for Lumentum Holdings Inc. (NASDAQ:LITE) - August 10 at 9:34 PM logoLumentum Holdings Inc. (LITE) Earns Buy Rating from Jefferies Group LLC - August 10 at 7:46 PM logoLumentum Holdings Inc. (LITE) Rating Reiterated by DA Davidson - August 10 at 7:02 PM logoIJT, LITE, EVR, STL: ETF Inflow Alert - Nasdaq - August 10 at 2:27 AM logoRosenblatt raises Lumentum price target - Seeking Alpha - August 10 at 2:27 AM logoLumentum Gaps Up But Reverses Lower; Will Apple Bite For iPhone 8? - August 10 at 2:26 AM logoLumentum Announces Fiscal Fourth Quarter And Full Year 2017 Results - August 10 at 2:26 AM logoEdited Transcript of LITE earnings conference call or presentation 9-Aug-17 12:30pm GMT - August 10 at 2:26 AM logoMore Clues That Apple's iPhone 8 Will Have 3D Sensing - August 10 at 2:26 AM logoLumentum reports 4Q loss - August 10 at 2:26 AM logoLumentum Holdings' (LITE) "Buy" Rating Reaffirmed at Craig Hallum - August 9 at 11:39 PM logoLumentum Holdings Inc. (LITE) Price Target Raised to $70.00 at UBS AG - August 9 at 1:32 PM logoLumentum Holdings Inc. (LITE) Updates Q3 Earnings Guidance - August 9 at 8:46 AM logoComparing Harris Corporation (HRS) & Lumentum Holdings (NASDAQ:LITE) - August 9 at 7:24 AM logoB. Riley Reaffirms "Buy" Rating for Lumentum Holdings Inc. (LITE) - August 8 at 12:50 PM logoII-VI (IIVI) 3D Sensing Comments a Near-Term Positive for Lumentum (LITE) - Stifel - - August 7 at 3:48 PM logoLumentum Holdings, Inc. breached its 50 day moving average in a Bearish Manner : LITE-US : August 7, 2017 - August 7 at 3:48 PM logoLumentum Holdings Inc. (NASDAQ:LITE) Given Consensus Rating of "Buy" by Analysts - August 5 at 10:48 AM logoLumentum Holdings Inc. (NASDAQ:LITE) to Release Earnings on Wednesday - August 3 at 11:16 AM logoiShares S&P Small-Cap 600 Growth ETF Experiences Big Inflow - Nasdaq - July 31 at 7:51 PM logoLumentum To Announce Fiscal Fourth Quarter And Full Year 2017 Financial Results - July 28 at 2:12 AM logoLumentum Holdings (LITE) Looks Good: Stock Adds 7.3% in Session - Nasdaq - July 26 at 4:03 AM logoNoteworthy Monday Option Activity: LVS, ASGN, LITE - Nasdaq - July 25 at 2:47 AM logoLumentum Holdings Inc. (LITE) Earns "Buy" Rating from Stifel Nicolaus - July 22 at 1:32 PM logoLumentum Holdings (LITE) - Seeking Alpha - July 20 at 6:17 AM logoBarclays PLC Reiterates "Hold" Rating for Lumentum Holdings Inc. (NASDAQ:LITE) - July 15 at 7:52 PM logo Analysts Anticipate Lumentum Holdings Inc. (NASDAQ:LITE) Will Post Quarterly Sales of $229.03 Million - July 14 at 4:24 PM logoNoteworthy Thursday Option Activity: CELG, LITE, ULTA - Nasdaq - July 14 at 6:08 AM logoLumentum Holdings Inc. (NASDAQ:LITE) Expected to Announce Earnings of $0.21 Per Share - July 12 at 7:34 AM logoLumentum Holdings Inc. (NASDAQ:LITE) Receives Consensus Rating of "Buy" from Brokerages - July 11 at 10:49 AM logoLumentum Holdings' (NASDAQ:LITE) "Buy" Rating Reaffirmed at B. Riley - July 2 at 10:20 AM logoLumentum Holdings Inc. (LITE) Cut to Buy at BidaskClub - July 1 at 5:04 PM logoLumentum Holdings Inc. (LITE) to Post Q1 2018 Earnings of $0.34 Per Share, B. Riley Forecasts - June 29 at 10:32 AM logoB. Riley Weighs in on Lumentum Holdings Inc.'s Q2 2018 Earnings (LITE) - June 28 at 9:00 AM logoLumentum Showcases New Technologies and Solutions Nasdaq:LITE - GlobeNewswire (press release) - June 27 at 12:03 AM logoTrade of the Day: Lumentum Holdings Inc (LITE) - - June 27 at 12:03 AM logoLumentum Holdings' (LITE) "Buy" Rating Reaffirmed at Stifel Nicolaus - June 25 at 12:50 AM logoBidaskClub Upgrades Lumentum Holdings Inc. (LITE) to Strong-Buy - June 23 at 8:20 PM logoLumentum Holdings Inc. (LITE) Coverage Initiated at DA Davidson - June 22 at 9:16 PM



Lumentum Holdings (LITE) Chart for Sunday, August, 20, 2017

This page was last updated on 8/20/2017 by Staff