Market Watch Highlights: Lumentum Holdings Inc (LITE) Ends on an Downturn Note at 51.27

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As of close of business last night, Lumentum Holdings Inc’s stock clocked out at $51.27, down -5.87% from its previous closing price of $54.47. In other words, the price has decreased by -$5.87 from its previous closing price. On the day, 4.6 million shares were traded. LITE stock price reached its highest trading level at $53.8299 during the session, while it also had its lowest trading level at $50.63.

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.

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:

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:

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 3547884032 and an Enterprise Value of 5259484160. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 4.06. Its current Enterprise Value per Revenue stands at 3.72 whereas that against EBITDA is -103.127.

Stock Price History:

The Beta on a monthly basis for LITE is 1.20, which has changed by 0.22626162 over the last 52 weeks, in comparison to a change of 0.059571505 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 -25.67%, while the 200-Day Moving Average is calculated to be -25.26%.

Shares Statistics:

It appears that LITE traded 2.90M shares on average per day over the past three months and 4264240 shares per day over the past ten 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 112.05% stake in the company. Shares short for LITE as of 1743379200 were 10386690 with a Short Ratio of 3.58, compared to 1740700800 on 10335244. Therefore, it implies a Short% of Shares Outstanding of 10386690 and a Short% of Float of 20.06.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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