Research Report For Lumentum Holdings Inc. (LITE)


Lumentum Holdings Inc. (LITE) will report its next earnings on Aug 08 BMO. The company reported the earnings of $0.95/Share in the last quarter where the estimated EPS by analysts was $0.65/share. The difference between the expected and actual EPS was $0.3/share, which represents an Earnings surprise of 46.2%.

Many analysts are providing their Estimated Earnings analysis for Lumentum Holdings Inc. and for the current quarter 15 analysts have projected that the stock could give an Average Earnings estimate of $1.01/share. These analysts have also projected a Low Estimate of $0.95/share and a High Estimate of $1.05/share.

In case of Revenue Estimates, 14 analysts have provided their consensus Average Revenue Estimates for Lumentum Holdings Inc. as 350.39 Million. According to these analysts, the Low Revenue Estimate for Lumentum Holdings Inc. is 343 Million and the High Revenue Estimate is 354.4 Million. The company had Year Ago Sales of 243.2 Million.

Some buy side analysts are also providing their Analysis on Lumentum Holdings Inc., where 3 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Lumentum Holdings Inc. might touch $98 high while the Average Price Target and Low price Target is $81.2 and $66 respectively.

The Relative Volume of the company is 0.89 and Average Volume (3 months) is 1.68 million. The company’s P/E (price to earnings) ratio is 11.8 and Forward P/E ratio of 11.38.

The company shows its Return on Assets (ROA) value of 16.5%. The Return on Equity (ROE) value stands at 29.2%. While it’s Return on Investment (ROI) value is 26.7%.

While looking at the Stock’s Performance, Lumentum Holdings Inc. currently shows a Weekly Performance of -7.47%, where Monthly Performance is 0.76%, Quarterly performance is 1.69%, 6 Months performance is -15.66% and yearly performance percentage is 2.13%. Year to Date performance value (YTD perf) value is 22.8%. The Stock currently has a Weekly Volatility of 4.44% and Monthly Volatility of 3.34%.