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The price of Lumentum Holdings Inc (NASDAQ: LITE) closed at $71.07 in the last session, down -3.48% from day before closing price of $73.63. In other words, the price has decreased by -$3.48 from its previous closing price. On the day, 1.54 million shares were traded. LITE stock price reached its highest trading level at $73.6 during the session, while it also had its lowest trading level at $69.78.
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 3.60 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on March 24, 2025, Upgraded its rating to Strong Buy and sets its target price to $82 from $96 previously.
On March 11, 2025, Exane BNP Paribas Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $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 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:
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 5095193088 and an Enterprise Value of 6629643776. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.48 while its Price-to-Book (P/B) ratio in mrq is 5.63. Its current Enterprise Value per Revenue stands at 4.689 whereas that against EBITDA is -129.993.
Stock Price History:
The Beta on a monthly basis for LITE is 1.10, which has changed by 0.46687305 over the last 52 weeks, in comparison to a change of 0.10063088 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 -7.47%, while the 200-Day Moving Average is calculated to be 4.66%.
Shares Statistics:
According to the various share statistics, LITE traded on average about 2.48M shares per day over the past 3-months and 2724000 shares per day over the past 10 days. A total of 69.10M shares are outstanding, with a floating share count of 66.18M. Insiders hold about 4.37% of the company’s shares, while institutions hold 112.04% stake in the company. Shares short for LITE as of 1740700800 were 10335244 with a Short Ratio of 4.17, compared to 1738281600 on 9641784. Therefore, it implies a Short% of Shares Outstanding of 10335244 and a Short% of Float of 19.96.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Lumentum Holdings Inc (LITE) is currently under the scrutiny of 16.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.63, with high estimates of $0.81 and low estimates of $0.56.
Analysts are recommending an EPS of between $1.94 and $1.64 for the fiscal current year, implying an average EPS of $1.74. EPS for the following year is $3.74, with 16.0 analysts recommending between $4.22 and $3.1.
Revenue Estimates
According to 14 analysts, the current quarter’s revenue is expected to be $418.19M. It ranges from a high estimate of $424.7M to a low estimate of $412.5M. As of the current estimate, Lumentum Holdings Inc’s year-ago sales were $366.5MFor the next quarter, 14 analysts are estimating revenue of $452.03M. There is a high estimate of $483.6M for the next quarter, whereas the lowest estimate is $442.8M.
A total of 15 analysts have provided revenue estimates for LITE’s current fiscal year. The highest revenue estimate was $1.65B, while the lowest revenue estimate was $1.59B, resulting in an average revenue estimate of $1.61B. In the same quarter a year ago, actual revenue was $1.36BBased on 15 analysts’ estimates, the company’s revenue will be $2.07B in the next fiscal year. The high estimate is $2.17B and the low estimate is $2.01B.
