Lumentum Holdings Inc [LITE] stock prices are down -5.83% to $60.29 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LITE shares have lost -1.31% over the last week, with a monthly amount drifted -24.26%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lumentum Holdings Inc [NASDAQ: LITE] stock has seen the most recent analyst activity on March 11, 2025, when Exane BNP Paribas upgraded its rating to a Outperform but kept the price target unchanged to $92 for it. On January 17, 2025, upgrade upgraded it’s rating to Overweight and revised its price target to $125 on the stock. Needham reiterated its Buy rating and increased its price target to $70 on August 15, 2024. Craig Hallum upgraded its rating to a Buy. Rosenblatt upgraded its rating to Buy for this stock on August 18, 2023, and downed its price target to $62. In a note dated July 18, 2023, BofA Securities downgraded an Underperform rating on this stock but restated the target price of $50.
The stock price of Lumentum Holdings Inc [LITE] has been fluctuating between $38.28 and $104.00 over the past year. Currently, Wall Street analysts expect the stock to reach $74.6 within the next 12 months. Lumentum Holdings Inc [NASDAQ: LITE] shares were valued at $60.29 at the most recent close of the market. An investor can expect a potential return of 23.74% based on the average LITE price forecast.
Analyzing the LITE fundamentals
The Lumentum Holdings Inc [NASDAQ:LITE] reported sales of 1.41B for trailing twelve months, representing a surge of 9.65%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at -0.23%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.37%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.54 and Total Capital is -0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.99.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 58.26 points at the first support level, and at 56.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.75, and for the 2nd resistance point, it is at 65.22.
Ratios To Look Out For
It’s worth pointing out that Lumentum Holdings Inc [NASDAQ:LITE]’s Current Ratio is 4.76. Also, the Quick Ratio is 3.60, while the Cash Ratio stands at 1.38. Considering the valuation of this stock, the price to sales ratio is 2.95, the price to book ratio is 4.78.
Transactions by insiders
Recent insider trading involved Ali Wajid, EVP & CHIEF FINANCIAL OFFICER, that happened on Feb 18 ’25 when 2172.0 shares were sold. Officer, WAJID ALI completed a deal on Feb 18 ’25 to buy 2172.0 shares. Meanwhile, Officer VINCENT D RETORT bought 35153.0 shares on Jan 22 ’25.
