Fundamentals to Watch About Lumentum (LITE)

By Susan Ramirez • Monday, October 30 16:23 • Permanent Link

Lumentum moved 10.3% this evening session, trading between a high of $41.2 and a low of $39.01 per share. Yesterday the stock finished at $36.07 per share, compared to an average analyst target price of $51.7.

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The mid-cap telecommunications equipment company is based in the United States, and over the last twelve months it has returned a dividend yield of None%. Lumentum has trailing twelve months earnings per share (EPS) of -1.93, which at today's prices amounts to a price to earnings (P/E) ratio of -20.6.

Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.03. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.

Overview of Lumentum's Net Margins:

Date Reported	Total Revenue ($ k)	Net Profit ($ k)	Net Margins (%)
2023	nan	-102,400	nan
2022	1,712,600	235,100	13.73
2021	1,742,800	463,100	26.57
2020	1,678,600	174,300	10.38
2019	1,565,300	-36,400	nan
2018	1,247,700	248,100	nan

None None

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.