On Friday, Lumentum Holdings Inc (NASDAQ: LITE) opened lower -3.50% from the last session, before settling in for the closing price of $169.75. Price fluctuations for LITE have ranged from $45.65 to $178.49 over the past 52 weeks.
Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -26.60%. Company’s average yearly earnings per share was noted 136.49% at the time writing. With a float of $67.78 million, this company’s outstanding shares have now reached $69.80 million.
Lumentum Holdings Inc (LITE) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Lumentum Holdings Inc is 3.04%, while institutional ownership is 120.55%. The most recent insider transaction that took place on Aug 27 ’25, was worth 409,666. In this transaction PRESIDENT, CLOUD & NETWORKING of this company sold 3,281 shares at a rate of $124.86, taking the stock ownership to the 101,273 shares. Before that another transaction happened on Aug 26 ’25, when Company’s PRESIDENT, CLOUD & NETWORKING sold 3,282 for $124.39, making the entire transaction worth $408,248. This insider now owns 104,554 shares in total.
Lumentum Holdings Inc (LITE) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.18 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.12) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 136.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 52.57% during the next five years compared to -26.60% drop over the previous five years of trading.
Lumentum Holdings Inc (NASDAQ: LITE) Trading Performance Indicators
Check out the current performance indicators for Lumentum Holdings Inc (LITE). In the past quarter, the stock posted a quick ratio of 3.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit 1.02 in the next quarter and is forecasted to reach 6.49 in one year’s time.
Technical Analysis of Lumentum Holdings Inc (LITE)
Compared to the last year’s volume of 2.79 million, its volume of 2.55 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 74.49%.
During the past 100 days, Lumentum Holdings Inc’s (LITE) raw stochastic average was set at 86.34%, which indicates a significant increase from 56.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.57 in the past 14 days, which was higher than the 4.85 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $136.97, while its 200-day Moving Average is $92.21. Nevertheless, the first resistance level for the watch stands at $170.51 in the near term. At $177.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $182.61. If the price goes on to break the first support level at $158.41, it is likely to go to the next support level at $153.00. Now, if the price goes above the second support level, the third support stands at $146.31.
Lumentum Holdings Inc (NASDAQ: LITE) Key Stats
There are currently 69,900K shares outstanding in the company with a market cap of 11.45 billion. Presently, the company’s annual sales total 1,645 M according to its annual income of 25,900 K. Last quarter, the company’s sales amounted to 480,700 K and its income totaled 213,300 K.
