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How to buy Lumentum stock (LITE)

Buy Lumentum stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Lumentum is a communication equipment business based in the US. Lumentum shares (LITE) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $82.47 – a decrease of 6.35% over the previous week. Lumentum employs 7,257 staff and has a trailing 12-month revenue of around $1.4 billion.

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  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – LITE. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Lumentum stock price (NASDAQ: LITE)

Use our graph to track the performance of LITE stocks over time.

Lumentum shares at a glance

Information last updated 2024-11-15.
Latest market close$82.47
52-week range$38.29 - $89.70
50-day moving average $65.16
200-day moving average $52.87
Wall St. target price$86.94
PE ratio N/A
Dividend yield N/A
Earnings per share (TTM) $-8.31

Is it a good time to buy Lumentum stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Lumentum price performance over time

Historical closes compared with the close of $80.54 from 2024-11-18

1 week (2024-11-13) -8.54%
1 month (2024-10-18) 21.61%
3 months (2024-08-20) 43.59%
6 months (2024-05-20) 70.67%
1 year (2023-11-20) 81.72%
2 years (2022-11-18) 43.31%
3 years (2021-11-19) 91.19
5 years (2019-11-20) 17.96%

Is Lumentum stock undervalued or overvalued?

Valuing Lumentum stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lumentum's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Lumentum's PEG ratio

Lumentum's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.97. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lumentum's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Lumentum financials

Revenue TTM $1.4 billion
Gross profit TTM $851.6 million
Return on assets TTM -5.01%
Return on equity TTM -50.85%
Profit margin -40.7%
Book value $13.06
Market Capitalization $5.8 billion

TTM: trailing 12 months

Lumentum share dividends

We're not expecting Lumentum to pay a dividend over the next 12 months.

Lumentum share price volatility

Over the last 12 months, Lumentum's shares have ranged in value from as little as $38.285 up to $89.7. A popular way to gauge a stock's volatility is its "beta".

LITE.US volatility(beta: 0.88)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Lumentum's is 0.881. This would suggest that Lumentum's shares are less volatile than average (for this exchange).

Lumentum overview

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Cloud & Networking and Industrial Tech. The Cloud & Networking segment offers components, modules, and subsystems to support the high-speed transmission of data over high-capacity fiber optic links in cloud data center, AI/ML, enterprise and communications services networking applications that enable the transmission and transport of data, video, and audio over high-capacity fiber-optic cables. It offers high-speed transceivers, reconfigurable optical add/drop multiplexers, coherent dense wavelength division multiplexing pluggable transceivers, and tunable small form-factor pluggable transceivers. We also sell laser chips for use in high-speed datacom transceivers and data interconnection solutions. The Industrial Tech segment offers solid-state lasers, kilowatt-class fiber lasers, ultrafast lasers, diode lasers, and gas lasers, as well as laser diode products.

Frequently asked questions

What percentage of Lumentum is owned by insiders or institutions?
Currently 0.816% of Lumentum shares are held by insiders and 114.717% by institutions.
How many people work for Lumentum?
Latest data suggests 7,257 work at Lumentum.
When does the fiscal year end for Lumentum?
Lumentum's fiscal year ends in June.
Where is Lumentum based?
Lumentum's address is: 1001 Ridder Park Drive, San Jose, CA, United States, 95131
What is Lumentum's ISIN number?
Lumentum's international securities identification number is: US55024U1097
What is Lumentum's CUSIP number?
Lumentum's Committee on Uniform Securities Identification Procedures number is: 55024U109

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