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How to buy Lumentum (LITE) shares

Learn how to easily invest in Lumentum shares.

Lumentum Holdings Inc
+ $0.12 ( + 0.12%)

Lumentum is a communication equipment business based in the US. Lumentum stocks (LITE.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $82.64 – a decrease of 0.25% over the previous week. Lumentum employs 5,618 staff and has a trailing 12-month revenue of around $1.7 billion.

How to buy shares in Lumentum

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – LITE – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Lumentum stock price (NASDAQ:LITE)

Use our graph to track the performance of LITE stocks over time.

Lumentum shares at a glance

Information last updated 2022-01-25.
Latest market close$97.25
52-week range$65.67 - $108.90
50-day moving average $98.14
200-day moving average $87.46
Wall St. target price$112.79
PE ratio 18.5957
Dividend yield N/A (0%)
Earnings per share (TTM) $5.30

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Is it a good time to buy Lumentum stock?

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.

Lumentum price performance over time

Historical closes compared with the close of $97.25 from 2022-01-27

1 week (2022-01-21) -0.25%
1 month (2021-12-29) -9.02%
3 months (2021-10-29) 17.76%
6 months (2021-07-29) 16.22%
1 year (2021-01-29) 3.68%
2 years (2020-01-29) 25.32%
3 years (2019-01-29) 119.23%
5 years (2017-01-27) 160.03%

Is Lumentum under- or over-valued?

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 P/E ratio

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 19x. In other words, Lumentum shares trade at around 19x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Lumentum's PEG ratio

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

Lumentum's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $514.5 million.

The EBITDA is a measure of a Lumentum's overall financial performance and is widely used to measure a its profitability.

Lumentum financials

Revenue TTM $1.7 billion
Operating margin TTM 19.56%
Gross profit TTM $850.2 million
Return on assets TTM 6.16%
Return on equity TTM 21.74%
Profit margin 23.68%
Book value $27.27
Market capitalisation $7.1 billion

TTM: trailing 12 months

Lumentum share dividends

We're not expecting Lumentum to pay a dividend over the next 12 months.

Lumentum share price volatility

Over the last 12 months, Lumentum's shares have ranged in value from as little as $65.67 up to $108.9. A popular way to gauge a stock's volatility is its "beta".

LITE.US volatility(beta: 0.85)Avg. volatility(beta: 1.00)LowHigh

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 0.851. This would suggest that Lumentum's shares are less volatile than average (for this exchange).

Lumentum overview

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.

Frequently asked questions

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