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Lumentum (LITE)

(Delayed Data from NSDQ)

$43.25 USD

43.25
950,282

-0.09 (-0.21%)

Updated Aug 9, 2024 04:00 PM ET

After-Market: $43.28 +0.03 (0.07%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value F Growth A Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 16% (211 out of 250)

Industry: Lasers Systems and Components

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Better trading starts here.

Balance Sheet

Research for LITE

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Lumentum Holdings Inc falls in the month of June.

All items in Millions except Per Share data.

6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Assets          
Cash & Equivalents -99,999 2,014 2,549 1,946 1,554
Receivables NA 246 262 213 234
Notes Receivable NA 0 0 0 0
Inventories NA 409 250 196 189
Other Current Assets NA 110 78 82 74
Total Current Assets NA 2,778 3,139 2,437 2,050
Net Property & Equipment NA 490 361 361 393
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 116 27 73 81
Intangibles NA 1,154 525 610 686
Deposits & Other Assets NA 17 37 3 4
Total Assets NA 4,632 4,162 3,552 3,293
Liabilities & Shareholders Equity 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Notes Payable NA 0 0 0 0
Accounts Payable NA 169 157 117 151
Current Portion Long-Term Debt NA 312 410 391 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 91 99 87 77
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 48 39 58 44
Total Current Liabilities NA 634 717 665 283
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 3 13 36 47
Convertible Debt NA 2,500 1,466 790 1,120
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 91 43 41 36
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 3,276 2,287 1,579 1,543
Shareholders Equity 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,692 2,004 1,744 1,677
Retained Earnings NA -341 -129 221 65
Other Equity NA 4 0 8 8
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 1,356 1,875 1,973 1,749
Total Liabilities & Shareholder's Equity NA 4,632 4,162 3,552 3,293
Total Common Equity 0 1,356 1,875 1,973 1,749
Shares Outstanding 67.60 68.70 69.00 75.90 74.90
Book Value Per Share 0.00 19.74 27.17 25.99 23.35

Fiscal Year End for Lumentum Holdings Inc falls in the month of June.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 871 1,224 1,944 2,014
Receivables NA 230 248 220 246
Notes Receivable NA 0 0 0 0
Inventories NA 421 472 428 409
Other Current Assets NA 129 118 99 110
Total Current Assets NA 1,650 2,062 2,692 2,778
Net Property & Equipment NA 579 582 512 490
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 139 130 128 116
Intangibles NA 1,744 1,785 1,130 1,154
Deposits & Other Assets NA 16 15 15 17
Total Assets NA 4,205 4,656 4,545 4,632
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 133 163 135 169
Current Portion Long-Term Debt NA 0 320 316 312
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 102 116 100 91
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 68 45 31 48
Total Current Liabilities NA 318 658 594 634
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 62 68 13 3
Convertible Debt NA 2,502 2,502 2,501 2,500
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 98 86 91
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 3,028 3,378 3,234 3,276
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,802 1,776 1,714 1,692
Retained Earnings NA -635 -508 -409 -341
Other Equity NA 9 9 5 4
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 1,177 1,278 1,311 1,356
Total Liabilities & Shareholder's Equity NA 4,205 4,656 4,545 4,632
Total Common Equity 0 1,177 1,278 1,311 1,356
Shares Outstanding 67.60 67.40 67.00 67.00 68.70
Book Value Per Share 0.00 17.46 19.07 19.56 19.74