Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Lumentum Holdings Inc (NASDAQ: LITE) closed at $94.71 in the last session, up 3.20% from day before closing price of $91.77. In other words, the price has increased by $3.20 from its previous closing price. On the day, 1.71 million shares were traded. LITE stock price reached its highest trading level at $94.77 during the session, while it also had its lowest trading level at $92.405.
Ratios:
We take a closer look at LITE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.53 and its Current Ratio is at 4.72. In the meantime, Its Debt-to-Equity ratio is 2.97 whereas as Long-Term Debt/Eq ratio is at 2.94.
On March 24, 2025, Raymond James Upgraded its rating to Strong Buy which previously was Outperform and also lowered its target price recommendation from $96 to $82.
Exane BNP Paribas Upgraded its Neutral to Outperform on March 11, 2025, while the target price for the stock was maintained at $92.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 26 ’25 when ALAN S. LOWE bought 20,000 shares for $93.47 per share.
LOWE ALAN S sold 20,000 shares of LITE for $1,769,400 on Jun 18 ’25. The Director now owns 250,471 shares after completing the transaction at $88.47 per share. On Jun 18 ’25, another insider, ALAN S. LOWE, who serves as the Director of the company, bought 20,000 shares for $88.47 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LITE now has a Market Capitalization of 6572873728 and an Enterprise Value of 8315974144. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.46 while its Price-to-Book (P/B) ratio in mrq is 7.47. Its current Enterprise Value per Revenue stands at 5.647 whereas that against EBITDA is -364.736.
Stock Price History:
The Beta on a monthly basis for LITE is 1.31, which has changed by 0.8599764 over the last 52 weeks, in comparison to a change of 0.12463009 over the same period for the S&P500. Over the past 52 weeks, LITE has reached a high of $104.00, while it has fallen to a 52-week low of $38.28. The 50-Day Moving Average of the stock is 29.52%, while the 200-Day Moving Average is calculated to be 28.40%.
Shares Statistics:
According to the various share statistics, LITE traded on average about 2.57M shares per day over the past 3-months and 1915430 shares per day over the past 10 days. A total of 69.40M shares are outstanding, with a floating share count of 66.82M. Insiders hold about 3.72% of the company’s shares, while institutions hold 116.51% stake in the company. Shares short for LITE as of 1749772800 were 11186129 with a Short Ratio of 4.36, compared to 1747267200 on 12311483. Therefore, it implies a Short% of Shares Outstanding of 11186129 and a Short% of Float of 21.52.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0