Lumentum Holdings Inc LITE

Morningstar Rating
$732.82 +26.59 (3.77%)
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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|^%tG$> premium.
Price
$732.82
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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Trading Information

Previous Close Price
$706.23
Day Range
$650.82747.00
52-Week Range
$97.551,085.68
Bid/Ask
$725.15 / $728.30
Shares Outstanding
77.80M
Market Cap
$57.01B
Volume/Avg
5M / 6M

Key Statistics

Price/Earnings (Normalized)
121.73
Price/Sales
24.61
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

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
10,562

Valuation

Metric
LITE
Price/Earnings (Normalized)
121.73
Price/Book Value
17.67
Price/Sales
24.61
Price/Cash Flow
69.47
Price/Earnings
LITE

Financial Strength

Metric
LITE
Quick Ratio
0.93
Current Ratio
1.14
Interest Coverage
11.16
Quick Ratio
LITE

Profitability

Metric
LITE
Return on Assets (Normalized)
10.54%
Return on Equity (Normalized)
39.25%
Return on Invested Capital (Normalized)
11.74%
Return on Assets
LITE

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