What is the upside for Lumentum's stock?
On average, they expect Lumentum's stock price to reach $69.64 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Price Targets for Lumentum.
What are analysts'price targets for Lumentum stock?
Their forecasts range from $86.00 to $130.00. On average, they expect Lumentum's stock price to reach $102.19 in the next twelve months. This suggests that the stock has a possible downside of 3.0%. View analysts' price targets for Lumentum or view top-rated stocks among Wall Street analysts.
Is Lumentum Holdings (Lite) stock's recent performance led by its attractive financial prospects?
Is Lumentum Holdings Inc.'s (NASDAQ:LITE) Stock's Recent Performance Being Led By Its Attractive Financial Prospects? - Nasdaq Lumentum has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings.
Is Lumentum (Lum) a good buy on Wall Street?
Lumentum has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings. According to analysts' consensus price target of $102.19, Lumentum has a forecasted downside of 3.0% from its current price of $105.30.
Is Lumentum a good buy?
Lumentum has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 12 buy ratings, 1 hold rating, and no sell ratings.
Will lite stock go up?
Lumentum Holdings Inc (NASDAQ:LITE) The 12 analysts offering 12-month price forecasts for Lumentum Holdings Inc have a median target of 116.50, with a high estimate of 125.00 and a low estimate of 94.00. The median estimate represents a +47.41% increase from the last price of 79.03.
Does Lumentum stock pay a dividend?
LUMENTUM HOLDINGS (NASDAQ: LITE) does not pay a dividend.
Is Lite a buy or sell?
Momentum Scorecard More InfoZacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
When did Lumentum go public?
August 1, 2015("Lumentum") today announced that it completed the spinoff from JDSU and initiated operations as an independent, publicly-traded company on August 1, 2015.
Should I buy or sell Lumentum stock right now?
13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lumentum in the last twelve months. There are currently...
What is Lumentum's stock price forecast for 2022?
13 equities research analysts have issued twelve-month price objectives for Lumentum's shares. Their forecasts range from $93.00 to $125.00. On ave...
How has Lumentum's stock price performed in 2022?
Lumentum's stock was trading at $105.77 at the beginning of the year. Since then, LITE stock has decreased by 21.6% and is now trading at $82.92....
When is Lumentum's next earnings date?
Lumentum is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022. View our earnings forecast for Lumentum .
How were Lumentum's earnings last quarter?
Lumentum Holdings Inc. (NASDAQ:LITE) released its quarterly earnings results on Wednesday, May, 4th. The technology company reported $1.19 EPS for...
What guidance has Lumentum issued on next quarter's earnings?
Lumentum updated its fourth quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of $1.25-$1....
Who are Lumentum's key executives?
Lumentum's management team includes the following people: Mr. Alan S. Lowe , Pres, CEO & Director (Age 60, Pay $1.73M) Mr. Wajid Ali B.A. , C.M...
What is Alan Lowe's approval rating as Lumentum's CEO?
64 employees have rated Lumentum CEO Alan Lowe on Glassdoor.com . Alan Lowe has an approval rating of 88% among Lumentum's employees.
Who are some of Lumentum's key competitors?
Some companies that are related to Lumentum include Iridium Communications (IRDM) , AAC Technologies (AACAY) , ESCO Technologies (ESE) , Napco...
About Lumentum
Headlines
Lumentum Holdings, Inc. engages in the provision of optical and photonic products. It operates through the Optical Communications (OpComms) and Commercial Lasers segments.
Lumentum (NASDAQ:LITE) Frequently Asked Questions
Should You Think About Buying Lumentum Holdings Inc. (NASDAQ:LITE) Now?
How long are futures trading delayed?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lumentum in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Lumentum stock. View analyst ratings for Lumentum or view top-rated stocks.
How to calculate restricted stock?
Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.
Lumentum (NASDAQ:LITE) Price Target and Consensus Rating
To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company's dividend expressed as a percentage of its current stock price.
Analyst Price Target Consensus
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).
Analyst Ratings By Month
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Average Share Price and Price Target by Month
The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Lumentum (NASDAQ:LITE) Analyst Ratings Frequently Asked Questions
The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target.