Lumentum Holdings Inc. (LITE) Stock

About Lumentum Holdings Inc.

Lumentum Holdings Inc., established in 2015 and headquartered in San Jose, California, is a global leader in optical and photonic product manufacturing. The company's reach extends across the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Lumentum operates through two principal business units: Optical Communications (OpComms) and Commercial Lasers. The OpComms segment develops and supplies components, modules, and subsystems essential for transmitting video, audio, and data across high-capacity fiber optic networks. Its offerings encompass a wide range of products, including tunable transponders, transceivers, and transmitter modules, alongside various tunable lasers, receivers, and modulators. Furthermore, this segment provides critical transport products such as reconfigurable optical add/drop multiplexers (ROADMs), optical amplifiers, and optical channel monitors. A comprehensive suite of components is also available, featuring 980nm, multi-mode, and Raman pumps; switches; attenuators; photodetectors; gain flattening filters; isolators; wavelength-division multiplexing (WDM) filters; arrayed waveguide gratings (AWGs); multiplex/de-multiplexers; and integrated passive modules. Distinctive innovations from this segment include the Super Transport Blade, which integrates multiple optical transport functions into a single unit; vertical-cavity surface-emitting lasers (VCSELs); directly modulated and electro-absorption modulated lasers; and advanced laser illumination sources for 3D sensing systems. OpComms serves key clientele in the telecommunications, data communications, consumer, and industrial markets. Conversely, the Commercial Lasers segment produces an array of laser technologies, such as diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers. These are primarily utilized in original equipment manufacturer (OEM) applications. This segment's laser solutions cater to a broad spectrum of markets and uses, including sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining.

Lumentum Holdings Inc. is led by CEO Michael E. Hurlston, employs 7,257 people, headquartered in San Jose, US, publicly traded since 2015.

Lumentum Holdings Inc. (LITE) stock trades at $890.17 with a market capitalization of $69.26B. The stock is valued at a price-to-earnings (P/E) ratio of 175.33, price-to-book of 83.69, price-to-sales of 30.35. Over the past 52 weeks the stock has ranged between $86.63 and $1085.68, and currently trades 18.0% below its 52-week high.

On profitability, Lumentum Holdings Inc. generates a return on equity (ROE) of 22.83% — well above the market average, a sign of a high-quality business, return on capital employed of -15.86%, an operating margin of 9.53%, a net profit margin of 17.68%.

In its most recent fiscal year, Lumentum Holdings Inc. reported annual revenue of $1.6B, net profit of $26.0M, revenue has compounded at -0.4% a year over the last five years, profit at -28.2% a year.

The balance sheet shows a debt-to-equity ratio of 1.11, a current ratio of 4.37, total assets of $4.2B, $521.0M in cash and equivalents.

LITE has an average daily trading volume of 5,510,000 shares, a beta of 1.48 (more volatile than the overall market).

Official website: www.lumentum.com