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.
Drawdown (Underwater) Chart
Overall Trend and Yearly Seasonality
LITE Stock Overview
Market Cap in USD | 3,098m |
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 | -1.23 |
Rel. Performance vs Sector | -4.26 |
Analysts | 3.88/5 |
Fair Price Momentum | 44.63 USD |
Fair Price DCF | 20.86 USD |
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 | -7.25% |
Growth Correlation 12m | -7% |
Growth Correlation 3m | -37% |
CAGR 5y | -3.40% |
Sharpe Ratio 12m | -0.24 |
Alpha vs SP500 12m | -40.99 |
Beta vs SP500 5y weekly | 1.06 |
ValueRay RSI | 53.84 |
Volatility GJR Garch 1y | 46.23% |
Price / SMA 50 | -4.66% |
Price / SMA 200 | -1.02% |
Current Volume | 1643.9k |
Average Volume 20d | 1469.8k |
External Links for LITE Stock
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X (Twitter) • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of March 28, 2024, the stock is trading at USD 48.45 with a total of 1,643,935 shares traded.
Over the past week, the price has changed by -0.74%, over one month by +0.12%, over three months by -9.24% and over the past year by -5.17%.
According to ValueRays Forecast Model, LITE Lumentum Holdings will be worth about 48.2 in March 2025. The stock is currently trading at 48.45. This means that the stock has a potential downside of -0.52%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 54.2 | 11.9% |
Analysts Target Price | 51.7 | 6.71% |
ValueRay Target Price | 48.2 | -0.52% |