LITE stock forecast
Our latest prediction for Lumentum Holdings, Inc.'s stock price was made on the July 2, 2020 when the stock price was at 82.26$.
In the short term (2weeks), LITE's stock price should underperform the market by -1.18%. During that period the price should oscillate between -6.51% and +4.82%.
In the medium term (3months), LITE's stock price should underperform the market by -2.65%. During that period the price should oscillate between -20.42% and +12.96%.
Get email alertsCreate a solid portfolio with LITE
About Lumentum Holdings, Inc.
Lumentum Holdings, Inc. engages in the provision of optical and photonic products. It operates through the Optical Communications (OpComms) and Commercial Lasers segments. The OpComms segment includes a range of components, modules, and subsystems to support customers including carrier networks of access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) applications. The Commercial Lasers segment focuses in serving customers in markets and applications such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining such as drilling in printed circuit boards, wafer singulation, glass cutting, and solar cell scribing. The company was founded on February 10, 2015 and is headquartered in Milpitas, CA.
At the moment the company generates 1715M USD in revenues.
On its last earning announcement, the company reported a profit of 1.44$ per share.
The book value per share is 14.62$
Three months stock forecastJuly 2, 2020
Financials
| Revenue USD | Gross Margin | Operating Income | Operating Margin | Net Income | Earnings Per Share | Dividends | Payout Ratio | Shares | Book Value Per Share | Operating Cash Flow | Cap Spending | Free Cash Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1715M | 35.10% | 172M | 10.10% | 114M | 1.44 | - | - | 77M | 14.62 | 529M | -150M | 378M |