Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Lumentum Holdings Inc’s stock clocked out at $62.05, up 8.08% from its previous closing price of $57.41. In other words, the price has increased by $8.08 from its previous closing price. On the day, 5.38 million shares were traded.
Ratios:
To gain a deeper understanding of LITE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 4.76. In the meantime, Its Debt-to-Equity ratio is 2.99 whereas as Long-Term Debt/Eq ratio is at 2.97.
Barclays Upgraded its Underweight to Overweight on January 17, 2025, whereas the target price for the stock was revised from $80 to $125.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 18 ’25 when Ali Wajid sold 2,172 shares for $78.34 per share. The transaction valued at 170,161 led to the insider holds 51,976 shares of the business.
WAJID ALI bought 2,172 shares of LITE for $170,161 on Feb 18 ’25. On Jan 22 ’25, another insider, VINCENT D RETORT, who serves as the Officer of the company, bought 35,153 shares for $99.49 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.04 while its Price-to-Book (P/B) ratio in mrq is 4.92.
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 -23.02%, while the 200-Day Moving Average is calculated to be -7.09%.
Shares Statistics:
A total of 69.10M shares are outstanding, with a floating share count of 66.15M. Insiders hold about 4.40% of the company’s shares, while institutions hold 112.09% stake in the company.
