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Lumentum (LITE)

(Delayed Data from NSDQ)

$59.24 USD

59.24
1,351,723

+1.91 (3.33%)

Updated Jul 12, 2024 04:00 PM ET

After-Market: $59.25 +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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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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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D Value F Growth D 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%.

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

Bottom 25% (187 out of 250)

Industry: Lasers Systems and Components

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Zacks News

Lumentum (LITE) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

by Zacks Equity Research

Lumentum (LITE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Is Atlassian (TEAM) Q2 Earnings Likely to Beat Estimates?

by Zacks Equity Research

Atlassian's (TEAM) Q2 results are likely to reflect the benefits of the increased demand for its solutions amid accelerated digital transformation and cloud adoptions.

Avnet (AVT) to Report Q2 Earnings: What's in the Offing?

by Zacks Equity Research

Avnet's (AVT) fiscal Q2 results are likely to witness growing demand for its electronic components. However, inflation and supply-chain challenges might have hurt sales & earnings growth.

Why Lumentum (LITE) is Poised to Beat Earnings Estimates Again

by Zacks Equity Research

Lumentum (LITE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Strength Seen in Cutera (CUTR): Can Its 12.5% Jump Turn into More Strength?

by Zacks Equity Research

Cutera (CUTR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Lumentum (LITE) Q1 Earnings and Revenues Surpass Estimates

by Zacks Equity Research

Lumentum (LITE) delivered earnings and revenue surprises of 8.33% and 0.25%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Lumentum (LITE) Expected to Beat Earnings Estimates: Should You Buy?

by Zacks Equity Research

Lumentum (LITE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Lumentum (LITE) Could Beat Earnings Estimates Again

by Zacks Equity Research

Lumentum (LITE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Lumentum (LITE) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

by Zacks Equity Research

Lumentum's (LITE) fourth-quarter fiscal 2022 results reflect a positive impact from the commercial lasers business. However, growth decelerates due to weakness in the optical communications business.

Lumentum (LITE) Surpasses Q4 Earnings and Revenue Estimates

by Zacks Equity Research

Lumentum (LITE) delivered earnings and revenue surprises of 8.89% and 0.07%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Iridex (IRIX) Reports Q2 Loss, Misses Revenue Estimates

by Zacks Equity Research

Iridex (IRIX) delivered earnings and revenue surprises of 12.50% and 1.22%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

What to Expect Ahead of Wix's (WIX) Q2 Earnings Release?

by Zacks Equity Research

Wix's (WIX) Q2 performance is likely to benefit from strong bookings growth and an improving user base. Forex volatility and weakness in global macroeconomic conditions are likely to act as headwinds.

Lumentum (LITE) Reports Next Week: Wall Street Expects Earnings Growth

by Zacks Equity Research

Lumentum (LITE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cutera (CUTR) Reports Q2 Loss, Lags Revenue Estimates

by Zacks Equity Research

Cutera (CUTR) delivered earnings and revenue surprises of -9.09% and 0.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Can Lumentum (LITE) Keep the Earnings Surprise Streak Alive?

by Zacks Equity Research

Lumentum (LITE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks Industry Outlook Highlights Lumentum and IPG Photonics

by Zacks Equity Research

Lumentum and IPG Photonics have been highlighted in this Industry Outlook article.

Aniruddha Ganguly headshot

2 Laser Stocks to Watch in a Challenging Industry

by Aniruddha Ganguly

The Zacks Laser Systems and Components industry participants like Lumentum (LITE) and IPG Photonics (IPGP) gain from solid demand for emerging applications like cloud computing, autonomous driving, IoT and 5G amid pandemic-induced supply chain disruptions.

How Much Upside is Left in Lumentum (LITE)? Wall Street Analysts Think 25%

by Zacks Equity Research

The average of price targets set by Wall Street analysts indicates a potential upside of 25.5% in Lumentum (LITE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Lumentum (LITE) Q3 Earnings and Revenues Surpass Estimates

by Zacks Equity Research

Lumentum (LITE) delivered earnings and revenue surprises of 5.31% and 0.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Zacks Industry Outlook Highlights CyberOptics, Lumentum and Cutera

by Zacks Equity Research

CyberOptics, Lumentum and Cutera are included in this blog.

Aniruddha Ganguly headshot

3 Laser Stocks to Watch in a Challenging Industry

by Aniruddha Ganguly

The Zacks Laser Systems and Components industry participants like CyberOptics (CYBE), Lumentum (LITE) and Cutera (CUTR) gain from solid demand for emerging applications like cloud computing, autonomous driving, IoT and 5G amid pandemic-induced supply chain disruptions.

Robust Demand & Favorable Mix to Aid onsemi's (ON) Q4 Earnings

by Zacks Equity Research

onsemi's (ON) fourth-quarter 2021 performance is expected to reflect benefits from the recovery in the automotive and industrial sectors.

Lumentum (LITE) Q2 Earnings and Revenues Beat Estimates

by Zacks Equity Research

Lumentum (LITE) delivered earnings and revenue surprises of 0.63% and 0.02%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Should You Buy Lumentum (LITE) Ahead of Earnings?

by Zacks Equity Research

Lumentum (LITE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Lumentum (LITE) Expected to Beat Earnings Estimates: Should You Buy?

by Zacks Equity Research

Lumentum (LITE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.