Lumentum Holdings (LITE) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US55024U1097

Lumentum Holdings Inc., listed on NASDAQ as LITE, is a company that specializes in the manufacturing and distribution of optical and photonic products across continents like the Americas, the Asia-Pacific region, Europe, the Middle East, and Africa.

Divided into two main segments, Optical Communications (OpComms) and Commercial Lasers (Lasers), Lumentum provides a range of components, modules, and subsystems designed to facilitate the efficient transmission and transportation of video, audio, and data through high-capacity fiber optic cables.

The OpComms division features a wide array of products including tunable transponders, transceivers, transmitter modules, lasers, receivers, and switches aimed at serving sectors such as telecommunications, data communications, and consumer and industrial markets.

On the other hand, the Commercial Lasers segment focuses on various types of lasers like diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers, catering to industries like sheet metal processing, biotechnology, graphics and imaging, precision machining, and more.

Established in 2015 and headquartered in San Jose, California, Lumentum Holdings Inc. has been at the forefront of providing cutting-edge optical and photonic technology solutions. For further information, visit their website at https://www.lumentum.com.

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Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Lumentum Holdings (LITE) - Stock Price & Dividends

LITE Stock Overview

Market Cap in USD 3,261m
Sector Technology
Industry Communication Equipment
GiC SubIndustry Communications Equipment
TER 0.00%
IPO / Inception 2015-08-04

LITE Stock Ratings

Fundamental -4.91
Dividend -
Growth 5y -0.82
Rel. Performance vs Sector -5.20
Analysts 3.88
Fair Price Total Ret. 44.67
Fair Price DCF 20.86

LITE Dividends

Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.0%

LITE Growth Ratios

Growth 12m -10.73%
Growth Correlation 12m -11%
Growth Correlation 3m 30%
CAGR 5y -1.45%
CAGR / Mean Drawdown -0.06
Sharpe Ratio 12m -0.31
Alpha vs SP500 12m -42.53
Beta vs SP500 5y weekly 1.06
CAPM 8.18%
Average Daily Range 2m 3.68%
Regime Oscillator 28.23
Volatility GJR Garch 1y 54.23%
Price / SMA 50 -9.25%
Price / SMA 200 -3.73%
Current Volume 963.8k
Average Volume 20d 2271.9k

External Links for LITE Stock

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What is the price of LITE stocks?
As of February 29, 2024, the stock is trading at USD 47.17 with a total of 963,811 shares traded.
Over the past week, the price has changed by -1.75%, over one month by -17.14%, over three months by +11.51% and over the past year by -10.17%.
Why is LITE stock down?
Check with which Index or Commodity LITE has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return LITE Return S&P 500
1 Month -17.14% 3.05%
3 Months 11.51% 11.73%
12 Months -10.17% 29.22%
What is the forecast for LITE stock price target?
According to ValueRays Forecast Model, LITE Lumentum Holdings will be worth about 48.3 in February 2025. The stock is currently trading at 47.17. This means that the stock has a potential upside of +2.35%.
Issuer Forecast Upside
Wallstreet Target Price 54.2 15.0%
Analysts Target Price 51.7 9.6%
ValueRay Target Price 48.3 2.4%