Lumentum Holdings Inc LITE

Morningstar Rating
$1,085.42 +39.64 (3.79%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

LITE is trading at a LOCK|PT%Ly premium.
Price
$1,045.78
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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News

Trading Information

Previous Close Price
$1,045.78
Day Range
$1,037.24–1,091.61
52-Week Range
$147.81–1,091.61
Bid/Ask
$1,085.00 / $1,086.90
Shares Outstanding
89.70M
Market Cap
$97.36B
Volume/Avg
5M / 5M

Key Statistics

Price/Earnings (Normalized)
124.94
Price/Sales
25.88
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
0.11%

Company Profile

Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are Optical Communications and Commercial Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules, and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
Sector
Technology
Industry
Communication Equipment
Stock Style Box
Mid Growth
Total Number of Employees
13,757

Valuation

Metric
LITE
Price/Earnings (Normalized)
124.94
Price/Book Value
19.95
Price/Sales
25.88
Price/Cash Flow
74.77
Price/Earnings
LITE

Financial Strength

Metric
LITE
Quick Ratio
1.31
Current Ratio
1.68
Interest Coverage
−330.79
Quick Ratio
LITE

Profitability

Metric
LITE
Return on Assets (Normalized)
13.98%
Return on Equity (Normalized)
37.69%
Return on Invested Capital (Normalized)
15.16%
Return on Assets
LITE

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LOCK|#FSgjxLOCK|Sx&v$18B
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