Lumentum Holdings Inc (NASDAQ: LITE) on Monday, soared 8.09% from the previous trading day, before settling in for the closing price of $179.3. Within the past 52 weeks, LITE’s price has moved between $45.65 and $182.08.
During the last 5-year period, the sales drop of Technology Sector giant was -26.60%. The company achieved an average annual earnings per share of 138.47%. With a float of $68.97 million, this company’s outstanding shares have now reached $69.80 million.
Lumentum Holdings Inc (LITE) Breakdown of a Key Holders of the stock
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Lumentum Holdings Inc is 2.74%, while institutional ownership is 119.12%. 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
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.18 earnings per share (EPS) for the period topping the consensus outlook (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 138.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 56.57% 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
Lumentum Holdings Inc (LITE) is currently performing well based on its current performance indicators. A quick ratio of 3.18 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit 1.03 in the next quarter and is forecasted to reach 6.70 in one year’s time.
Technical Analysis of Lumentum Holdings Inc (LITE)
Looking closely at Lumentum Holdings Inc (NASDAQ: LITE), its last 5-days average volume was 3.34 million, which is a jump from its year-to-date volume of 2.79 million. As of the previous 9 days, the stock’s Stochastic %D was 84.95%.
During the past 100 days, Lumentum Holdings Inc’s (LITE) raw stochastic average was set at 89.64%, which indicates a significant increase from 77.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.66 in the past 14 days, which was higher than the 5.92 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $153.49, while its 200-day Moving Average is $98.40. However, in the short run, Lumentum Holdings Inc’s stock first resistance to watch stands at $203.79. Second resistance stands at $213.77. The third major resistance level sits at $220.64. If the price goes on to break the first support level at $186.94, it is likely to go to the next support level at $180.07. Now, if the price goes above the second support level, the third support stands at $170.09.
Lumentum Holdings Inc (NASDAQ: LITE) Key Stats
Market capitalization of the company is 13.74 billion based on 70,913K outstanding shares. Right now, sales total 1,645 M and income totals 25,900 K. The company made 480,700 K in profit during its latest quarter, and 213,300 K in sales during its previous quarter.
