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The closing price of Lumentum Holdings Inc (NASDAQ: LITE) was $75.95 for the day, down -1.50% from the previous closing price of $77.11. In other words, the price has decreased by -$1.50 from its previous closing price. On the day, 1.72 million shares were traded.
Ratios:
Our analysis of LITE’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 16 ’25 when Wupen Yuen sold 290 shares for $77.98 per share. The transaction valued at 22,614 led to the insider holds 81,297 shares of the business.
Wupen Yuen sold 289 shares of LITE for $21,929 on May 19 ’25. The PRESIDENT, CLOUD & NETWORKING now owns 81,008 shares after completing the transaction at $75.88 per share. On May 16 ’25, another insider, Kim Jae, who serves as the SVP, GENERAL COUNSEL of the company, sold 4,577 shares for $77.98 each. As a result, the insider received 356,914 and left with 31,534 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 5.99.
Stock Price History:
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 20.57%, while the 200-Day Moving Average is calculated to be 8.51%.
Shares Statistics:
A total of 69.40M shares are outstanding, with a floating share count of 66.12M. Insiders hold about 4.73% of the company’s shares, while institutions hold 116.12% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by 16.0 analysts. The consensus estimate for the next quarter is $0.81, with high estimates of $0.93 and low estimates of $0.69.
Analysts are recommending an EPS of between $1.95 and $1.88 for the fiscal current year, implying an average EPS of $1.92. EPS for the following year is $3.81, with 16.0 analysts recommending between $4.57 and $3.07.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 14 analysts. It ranges from a high estimate of $468.4M to a low estimate of $449M. As of the current estimate, Lumentum Holdings Inc’s year-ago sales were $308.3MFor the next quarter, 14 analysts are estimating revenue of $482.62M. There is a high estimate of $501.1M for the next quarter, whereas the lowest estimate is $470.6M.
A total of 15 analysts have provided revenue estimates for LITE’s current fiscal year. The highest revenue estimate was $1.63B, while the lowest revenue estimate was $1.56B, resulting in an average revenue estimate of $1.62B. In the same quarter a year ago, actual revenue was $1.36BBased on 15 analysts’ estimates, the company’s revenue will be $2.08B in the next fiscal year. The high estimate is $2.2B and the low estimate is $1.99B.
