Back to top
more

Lumentum (LITE)

(Delayed Data from NSDQ)

$55.78 USD

55.78
965,207

+1.53 (2.82%)

Updated Sep 13, 2024 04:00 PM ET

After-Market: $55.77 -0.01 (-0.02%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value C Growth F Momentum F 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%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 11% (223 out of 251)

Industry: Lasers Systems and Components

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

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.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

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 887 2,014 2,549 1,946 1,554
Receivables 195 246 262 213 234
Notes Receivable 0 0 0 0 0
Inventories 398 409 250 196 189
Other Current Assets 110 110 78 82 74
Total Current Assets 1,590 2,778 3,139 2,437 2,050
Net Property & Equipment 573 490 361 361 393
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 11 116 27 73 81
Intangibles 1,673 1,154 525 610 686
Deposits & Other Assets 13 17 37 3 4
Total Assets 3,932 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 0 0 0 0 0
Accounts Payable 126 169 157 117 151
Current Portion Long-Term Debt 0 312 410 391 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 89 91 99 87 77
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 41 48 39 58 44
Total Current Liabilities 269 634 717 665 283
Mortgages 0 0 0 0 0
Deferred Taxes/Income 56 3 13 36 47
Convertible Debt 2,503 2,500 1,466 790 1,120
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 103 91 43 41 36
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,975 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 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,835 1,692 2,004 1,744 1,677
Retained Earnings -887 -341 -129 221 65
Other Equity 9 4 0 8 8
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 957 1,356 1,875 1,973 1,749
Total Liabilities & Shareholder's Equity 3,932 4,632 4,162 3,552 3,293
Total Common Equity 957 1,356 1,875 1,973 1,749
Shares Outstanding 67.60 68.70 69.00 75.90 74.90
Book Value Per Share 14.16 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 887 871 1,224 1,944 2,014
Receivables 195 230 248 220 246
Notes Receivable 0 0 0 0 0
Inventories 398 421 472 428 409
Other Current Assets 110 129 118 99 110
Total Current Assets 1,590 1,650 2,062 2,692 2,778
Net Property & Equipment 573 579 582 512 490
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 11 139 130 128 116
Intangibles 1,673 1,744 1,785 1,130 1,154
Deposits & Other Assets 13 16 15 15 17
Total Assets 3,932 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 0 0 0 0 0
Accounts Payable 126 133 163 135 169
Current Portion Long-Term Debt 0 0 320 316 312
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 89 102 116 100 91
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 41 68 45 31 48
Total Current Liabilities 269 318 658 594 634
Mortgages 0 0 0 0 0
Deferred Taxes/Income 56 62 68 13 3
Convertible Debt 2,503 2,502 2,502 2,501 2,500
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 103 98 86 91
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,975 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 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,835 1,802 1,776 1,714 1,692
Retained Earnings -887 -635 -508 -409 -341
Other Equity 9 9 9 5 4
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 957 1,177 1,278 1,311 1,356
Total Liabilities & Shareholder's Equity 3,932 4,205 4,656 4,545 4,632
Total Common Equity 957 1,177 1,278 1,311 1,356
Shares Outstanding 67.60 67.40 67.00 67.00 68.70
Book Value Per Share 14.16 17.46 19.07 19.56 19.74