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Lumentum Holdings Inc is a communication equipment business based in the US. Lumentum shares (LITE) are listed on the NASDAQ and all prices are listed in US Dollars. Lumentum employs 5,473 staff and has a trailing 12-month revenue of around USD$1.7 billion.
|Latest market close||USD$87.13|
|52-week range||USD$54.53 - USD$96.735|
|50-day moving average||USD$77.4871|
|200-day moving average||USD$80.0299|
|Wall St. target price||USD$103.13|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$1.75|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-11)||-19.24%|
|1 month (2020-12-22)||-10.86%|
|3 months (2020-10-18)||N/A|
|6 months (2020-07-18)||N/A|
|1 year (2020-01-18)||N/A|
|2 years (2019-01-18)||85.26%|
|3 years (2018-01-18)||68.53%|
|5 years (2016-01-20)||362.96%|
Valuing Lumentum stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lumentum's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Lumentum's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 47x. In other words, Lumentum shares trade at around 47x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Lumentum's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.97. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lumentum's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Lumentum's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$448 million.
The EBITDA is a measure of a Lumentum's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.7 billion|
|Operating margin TTM||15.26%|
|Gross profit TTM||USD$734.5 million|
|Return on assets TTM||5.33%|
|Return on equity TTM||8.35%|
|Market capitalisation||USD$6.4 billion|
TTM: trailing 12 months
There are currently 7.0 million Lumentum shares held short by investors – that's known as Lumentum's "short interest". This figure is 3.3% down from 7.3 million last month.
There are a few different ways that this level of interest in shorting Lumentum shares can be evaluated.
Lumentum's "short interest ratio" (SIR) is the quantity of Lumentum shares currently shorted divided by the average quantity of Lumentum shares traded daily (recently around 1.6 million). Lumentum's SIR currently stands at 4.45. In other words for every 100,000 Lumentum shares traded daily on the market, roughly 4450 shares are currently held short.
However Lumentum's short interest can also be evaluated against the total number of Lumentum shares, or, against the total number of tradable Lumentum shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Lumentum's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 Lumentum shares in existence, roughly 90 shares are currently held short) or 0.1268% of the tradable shares (for every 100,000 tradable Lumentum shares, roughly 127 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Lumentum.
Find out more about how you can short Lumentum stock.
We're not expecting Lumentum to pay a dividend over the next 12 months.
Over the last 12 months, Lumentum's shares have ranged in value from as little as $54.53 up to $96.735. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Lumentum's is 0.9222. This would suggest that Lumentum's shares are less volatile than average (for this exchange).
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, and remote sensing, as well as in precision machining, such as drilling in printed circuit boards, wafer singulation, glass cutting, and solar cell scribing. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.
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