At the time of writing, Lumentum Holdings Inc [LITE] stock is trading at $73.63, up 10.54%. An important factor to consider is whether the stock is rising or falling in short-term value. The LITE shares have gain 7.79% over the last week, with a monthly amount glided 0.38%, and 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 24, 2025, when Raymond James upgraded its rating to a Strong Buy and also revised its price target to $82 from $96. Previously, Exane BNP Paribas upgraded its rating to Outperform on March 11, 2025, and kept the price target unchanged to $92. Barclays upgraded its rating to a Overweight and increased its price target to $125 on January 17, 2025. Needham reiterated its recommendation of a Buy and raised its price target to $70 on August 15, 2024. Craig Hallum upgraded its rating to Buy for this stock on December 22, 2023. In a note dated August 18, 2023, Rosenblatt upgraded an Buy rating on this stock and revised its target price from $67 to $62.
For the past year, the stock price of Lumentum Holdings Inc fluctuated 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 $73.63 at the most recent close of the market. An investor can expect a potential return of 1.32% based on the average LITE price forecast.
Analyzing the LITE fundamentals
According to Lumentum Holdings Inc [NASDAQ:LITE], the company’s sales were 1.41B for trailing twelve months, which represents an 9.65% jump. 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 71.45 points at the first support level, and at 69.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.76, and for the 2nd resistance point, it is at 75.89.
Ratios To Look Out For
It is important to note that Lumentum Holdings Inc [NASDAQ:LITE] has a current ratio of 4.76. On the other hand, the Quick Ratio is 3.60, and the Cash Ratio is 1.38. Considering the valuation of this stock, the price to sales ratio is 3.60, the price to book ratio is 5.83.
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.
