Lumentum Holdings Inc (LITE) concluded trading on Wednesday at a closing price of $80.28, with 4.86 million shares of worth about $390.49 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -7.69% during that period and on June 04, 2025 the price saw a gain of about 3.39%. Currently the company’s common shares owned by public are about 69.40M shares, out of which, 66.48M shares are available for trading.
Stock saw a price change of 3.06% in past 5 days and over the past one month there was a price change of 27.09%. Year-to-date (YTD), LITE shares are showing a performance of -4.37% which increased to 84.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $38.28 but also hit the highest price of $104.00 during that period. The average intraday trading volume for Lumentum Holdings Inc shares is 2.76 million. The stock is currently trading 7.23% above its 20-day simple moving average (SMA20), while that difference is up 23.86% for SMA50 and it goes to 12.36% higher than SMA200.
Lumentum Holdings Inc (NASDAQ: LITE) currently have 69.40M outstanding shares and institutions hold larger chunk of about 116.17% of that.
The stock has a current market capitalization of $5.57B and its 3Y-monthly beta is at 1.27. It has posted earnings per share of -$6.45 in the same period. It has Quick Ratio of 3.53 while making debt-to-equity ratio of 2.97. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LITE, volatility over the week remained 4.00% while standing at 3.32% over the month.
Stock’s fiscal year EPS is expected to rise by 91.40% while it is estimated to increase by 102.88% in next year. EPS is likely to grow at an annualized rate of 70.59% for next 5-years, compared to annual growth of -72.21% made by the stock over the past 5-years.
Coverage by Raymond James stated Lumentum Holdings Inc (LITE) stock as a Strong buy in their note to investors on March 24, 2025, suggesting a price target of $82 for the stock. Stock get an Overweight rating from Barclays on January 17, 2025.
