A share price of Lumentum Holdings Inc [LITE] is currently trading at $54.47, down -8.93%. 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 gain 1.91% over the last week, with a monthly amount drifted -14.92%, 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 April 07, 2025, when Northland Capital upgraded its rating to a Outperform. Previously, Raymond James upgraded its rating to Strong Buy on March 24, 2025, and dropped its price target to $82. On March 11, 2025, upgrade upgraded it’s rating to Outperform but maintained its price target of $92 on the stock. Barclays upgraded its rating to a Overweight and raised its price target to $125 on January 17, 2025. Needham reiterated a Buy rating for this stock on August 15, 2024, and upped its price target to $70. In a note dated December 22, 2023, Craig Hallum upgraded an Buy rating on this stock.
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 $82 within the next 12 months. Lumentum Holdings Inc [NASDAQ: LITE] shares were valued at $54.47 at the most recent close of the market. An investor can expect a potential return of 50.54% 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. 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 52.31 points at the first support level, and at 50.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.27, and for the 2nd resistance point, it is at 60.06.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Lumentum Holdings Inc [NASDAQ:LITE] 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 2.67, the price to book ratio is 4.31.
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.
