Lumentum Holdings Inc (NASDAQ: LITE) flaunted slowness of -0.01% at $82.47, before settling in for the price of $82.48 at the close. Taking a more long-term approach, LITE posted a 52-week range of $38.28-$89.70.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was -2.11%. Meanwhile, its Annual Earning per share during the time was -72.21%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 55.07%. This publicly-traded company’s shares outstanding now amounts to $67.90 million, simultaneously with a float of $65.99 million. The organization now has a market capitalization sitting at $5.67 billion. At the time of writing, stock’s 50-day Moving Average stood at $68.13, while the 200-day Moving Average is $53.52.
Lumentum Holdings Inc (LITE) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Lumentum Holdings Inc industry. Lumentum Holdings Inc’s current insider ownership accounts for 3.94%, in contrast to 108.69% institutional ownership. According to the most recent insider trade that took place on Nov 18 ’24, this organization’s Director sold 1,625 shares at the rate of 81.09, making the entire transaction reach 131,778 in total value, affecting insider ownership by 6,852. Preceding that transaction, on Nov 19 ’24, Company’s Director sold 542 for 81.89, making the whole transaction’s value amount to 44,382. This particular insider is now the holder of 6,310 in total.
Lumentum Holdings Inc (LITE) Earnings and Revenue Records
Lumentum Holdings Inc’s EPS increase for this current 12-month fiscal period is 55.07% and is forecasted to reach 3.71 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 39.16% through the next 5 years, which can be compared against the -72.21% growth it accomplished over the previous five years trading on the market.
Lumentum Holdings Inc (NASDAQ: LITE) Trading Performance Indicators
Let’s observe the current performance indicators for Lumentum Holdings Inc (LITE). It’s Quick Ratio in the last reported quarter now stands at 4.04. The Stock has managed to achieve an average true range (ATR) of 3.45. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.11.
In the same vein, LITE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -8.29, a figure that is expected to reach 0.35 in the next quarter, and analysts are predicting that it will be 3.71 at the market close of one year from today.
Technical Analysis of Lumentum Holdings Inc (LITE)
Now, what If we examine the latest scores posted by [Lumentum Holdings Inc, LITE]. During the last 5-days, its volume was better the volume of 1.47 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 49.82% While, its Average True Range was 3.66.
Raw Stochastic average of Lumentum Holdings Inc (LITE) in the period of the previous 100 days is set at 85.94%, which indicates a major rise in contrast to 73.54% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 68.41% that was higher than 59.19% volatility it exhibited in the past 100-days period.
