LITE - Lumentum Holdings Inc.

NasdaqGS - NasdaqGS Real-time price. Currency in USD
57.70
-0.35 (-0.60%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous close58.05
Open58.60
Bid57.35 x 1800
Ask58.05 x 800
Day's range56.15 - 58.95
52-week range41.95 - 74.40
Volume1,412,169
Avg. volume1,910,281
Market cap3.629B
Beta0.10
PE ratio (TTM)23.51
EPS (TTM)2.45
Earnings date7 Aug 2018 - 13 Aug 2018
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est82.38
Trade prices are not sourced from all markets
  • MarketWatch2 days ago

    Lumentum stock surges after Goldman Sachs upgrade

    MARKET PULSE Shares of optoelectronics company Lumentum Holdings Inc. (lite) are up nearly 4% in premarket trading after Goldman Sachs analyst Rod Hall upgraded the stock to buy from neutral. "We note that Lumentum's 3D sensing business is robust and gaining pace and the Lasers business is seeing strong demand," Hall wrote.

  • Chip stocks dive on trade war fears as industry gets a majority of its revenue from China
    CNBC4 days ago

    Chip stocks dive on trade war fears as industry gets a majority of its revenue from China

    By revenue, chipmakers face the greatest risks in escalating trade tensions with Beijing, according to Morgan Stanley.

  • Trump vs. Trudeau, Singapore Summit, & AAOI Outlook | Free Lunch
    Zacks12 days ago

    Trump vs. Trudeau, Singapore Summit, & AAOI Outlook | Free Lunch

    Ryan McQueeney recaps an action-packed weekend at the G-7 conference and prepares investors for what is to come this week as President Trump gears up to meet North Korean leader Kim Jung Un. Later, he discusses the near-term outlook for Applied Optoelectronics (AAOI).

  • Associated Press14 days ago

    Broadcom and KLA-Tencor skid; Stitch Fix and Monster climb

    Stocks that moved substantially or traded heavily on Friday: Broadcom Inc., down $6.71 to $257.97 The chipmaker's revenue forecast was slightly lower than analysts expected. Stitch Fix Inc., up $5.21 to ...

  • MarketWatch15 days ago

    Lumentum CFO change comes from 'a position of strength,' says Needham

    Shares of Lumentum Holdings Inc. are down 2.6% in premarket trading after the optical-equpiment company announced that its chief financial officer would be leaving the company, but Needham analyst Alex Henderson is upbeat about the transition. "As Lumentum becomes a much larger company the skills required call for a more seasoned CFO with large company experiences and merger skills," he wrote. "We think this is a move from a position of strength and indicative of the strong trajectory of Lumentum," Henderson said.

  • Acacia, Lumentum Gain As U.S. To Lift Ban On ZTE Component Sales
    Investor's Business Daily15 days ago

    Acacia, Lumentum Gain As U.S. To Lift Ban On ZTE Component Sales

    Shares of Acacia Communications, Lumentum Holdings and other optical-component makers climbed Thursday as the U.S. moved to lift sanctions on Chinese telecom gear maker ZTE.

  • Barrons.com15 days ago

    Lumentum CFO Resigns to Pursue 'Other Interests'

    Shares of fiber-optic component vendor Lumentum Holdings (LITE) are down 15 cents at $60.95, in late trading, after the company this afternoon said its CFO, Aaron Tachibana, has stepped wont to “pursue other interests,” and will be replaced on an interim basis by the company’s head of corporate development, Chris Coldren. Tachibana’s departure is “not related to any financial performance, policy or control issues,” the company said. CEO Alan Lowe thanked Coldren for his “many contributions” over three years in the job, and for leaving Lumentum “in a much stronger financial position.” He lauded Coldren for “playing a central role on my leadership team." Lumentum pans to have an executive search firm look for a permanent replacement for Tachibana.

  • Acacia, Lumentum, Finisar Rise As Trump Nears ZTE Deal With China
    Investor's Business Daily29 days ago

    Acacia, Lumentum, Finisar Rise As Trump Nears ZTE Deal With China

    Shares in optical-component makers climbed Friday amid a report the Trump administration has hammered out a deal with China to lift sanctions barring U.S. companies from selling devices to the telecom gear maker ZTE.

  • Reuters - UK Focuslast month

    US STOCKS-Wall St ekes out gains as trade optimism pressured by defensive stocks

    Wall Street ended a choppy session slightly higher on Monday as weakness in defensive stocks offset optimism following U.S. President Donald Trump's conciliatory remarks toward China's ZTE Corp that calmed ...

  • Fiber-Optic Stocks Swing Back On ZTE, Trump Trade Talks With China
    Investor's Business Dailylast month

    Fiber-Optic Stocks Swing Back On ZTE, Trump Trade Talks With China

    Shares in optical component makers surged on Monday on hopes President Donald Trump would throw key customer ZTE a lifeline as worries that the U.S. and China are heading for a trade war eased.

  • Reuters - UK Focuslast month

    US STOCKS-Wall St pares gains as defensive stocks offset trade optimism

    Wall Street edged higher after pulling back from stronger gains on Monday as weakness in defensive stocks offset trade optimism after U.S. President Donald Trump's conciliatory remarks toward China's ZTE ...

  • Dow Jones Futures Rise On Trump China Tweets; These Tech Stocks Soar
    Investor's Business Dailylast month

    Dow Jones Futures Rise On Trump China Tweets; These Tech Stocks Soar

    Stock futures rose Monday morning. President Trump said he wants to help China's ZTE "get back into business," good news for U.S. optical stocks. He also said U.S.-China trade talks "will all work out."

  • Why Oclaro, Inc. Stock Dropped 17.2% in April
    Motley Foollast month

    Why Oclaro, Inc. Stock Dropped 17.2% in April

    Make no mistake, this was an unusual move for a company in the process of being acquired.

  • Motley Fool2 months ago

    Lumentum Holdings Is Just Getting Started

    The growth of 3D sensing technology beyond the iPhone will be a big catalyst for Lumentum.

  • Reuters - UK Focus2 months ago

    US STOCKS-Wall Street loses gains from Fed decision on China trade worries

    U.S. stocks fell on Wednesday as potential U.S. restrictions on Chinese telecom companies reinforced investor concerns about worsening trade relations between the United States and China. Wall Street's ...

  • Apple Device Supplier Lumentum Pops, Outlook Above Estimates
    Investor's Business Daily2 months ago

    Apple Device Supplier Lumentum Pops, Outlook Above Estimates

    Lumentum Holdings popped after the supplier of 3D components to Apple early Wednesday reported fiscal third-quarter earnings and revenue that topped views and provided a June quarter outlook above consensus estimates.

  • Reuters - UK Focus2 months ago

    US STOCKS-Wall Street briefly pares losses after Fed decision

    U.S. stocks briefly rose but returned to negative territory on Wednesday after the Federal Reserve left interest rates unchanged in its policy announcement. The Federal Open Market Committee unanimously ...

  • How Lumentum Holdings Inc. Shares Jumped 17% Higher Today
    Motley Fool2 months ago

    How Lumentum Holdings Inc. Shares Jumped 17% Higher Today

    The optical networking expert didn't miss a beat in the third quarter, and investors are looking forward to several growth catalysts in the quarters ahead.

  • Reuters2 months ago

    Optics firm Lumentum's profit, revenue top estimates; shares jump

    Shares of Lumentum surged 15 percent on Wednesday, among the largest of a raft of gains for companies seen as key iPhone suppliers after Apple Inc's (AAPL.O) results on Tuesday that quelled concerns over a slackening in demand for high-end smartphones. Lumentum's results were also further evidence that such worries were overdone. Revenue from Lumentum's optical communications business, which accounts for more than 80 percent of the company's total revenue, rose 14 percent in the three months ended March 31, while sales from its lasers business rose 32 percent.

  • MarketWatch2 months ago

    Lumentum stock gains after company posts revenue, earnings beat

    Shares of Lumentum Holdings Inc. are up 8.7% in premarket trading Wednesday after the optoelectronics company beat earnings and revenue estimates and delivered a better-than-expected forecast for the current quarter. Net income for the company's fiscal third quarter was $204.8 million, or $3.05 a share. A year earlier, the company posted a $56 million loss, or 92 cents a share.

  • Associated Press2 months ago

    Lumentum: Fiscal 3Q Earnings Snapshot

    The Milpitas, California-based company said it had profit of 4 cents per share. Earnings, adjusted for one-time gains and costs, were 78 cents per share. The results surpassed Wall Street expectations. ...

  • MarketWatch2 months ago

    II-VI stock rises after revenue beat, mixed guidance

    Shares of optoelectronics company II-VI Inc. are up 5.5% in midday trading Tuesday after the company reported mixed results for its March quarter. Adjusted earnings per share rose a cent from a year earlier, to 36 cents, but came in below the FactSet consensus estimate of 38 cents. GAAP earnings per share of 45 cents beat expectations for 36 cents.

  • Barrons.com2 months ago

    Lumentum et al. Plunge on DoJ Huawei Probe; Ciena's Gain?

    Optical-technology stocks are having a second really bad week after the U.S. Department of Justice opened a criminal investigation into China’s privately held Huawei, which buys parts from the optical companies. While the component maker shares crashed, some analysts see potential benefit for the two optical-systems makers that compete most closely with Huawei, Ciena (CIEN) and Infinera (INFN). The Wall Street Journal’s Stu Woo and Aruna Viswanatha relate that multiple unnamed sources say the DoJ is “investigating whether Huawei Technologies Co. violated U.S. sanctions related to Iran.” This is just the latest action against Iran, which has long been blocked from selling telecom equipment to U.S. carriers by the U.S. government.

  • MarketWatch2 months ago

    Lumentum leads optical stocks lower after report that the U.S. is investigating Huawei for sanction violations

    Shares of Lumentum Holdings Inc. are down 7.2% in Wednesday morning trading after a Wall Street Journal report indicated that the Justice Department is looking into whether Chinese smartphone maker Huawei ...

  • MarketWatch2 months ago

    Ban on U.S. companies selling to China’s ZTE could really bite this stock

    Shares of optical names Acacia Communications, Lumentum, Finisar, and Oclaro are getting hammered after a report said the U.S. would ban Chinese firm ZTE from buying U.S.-made components.

By using Yahoo you agree that Yahoo and partners may use Cookies for personalisation and other purposes