A share price of Lumentum Holdings Inc [LITE] is currently trading at $68.31, up 7.39%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LITE shares have gain 18.99% over the last week, with a monthly amount drifted -12.57%, 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.
Lumentum Holdings Inc experienced fluctuations in its stock price throughout the past year between $38.28 and $104.00. 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 $68.31 at the most recent close of the market. An investor can expect a potential return of 9.21% based on the average LITE price forecast.
Analyzing the LITE fundamentals
Trailing Twelve Months sales for Lumentum Holdings Inc [NASDAQ:LITE] were 1.41B which represents 9.65% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.99.
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 65.17 points at the first support level, and at 62.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.94, and for the 2nd resistance point, it is at 71.58.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Lumentum Holdings Inc [NASDAQ:LITE] is 4.76. As well, the Quick Ratio is 3.60, while the Cash Ratio is 1.38. Considering the valuation of this stock, the price to sales ratio is 3.34, the price to book ratio is 5.41.
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.
