Lumentum Holdings Inc [NASDAQ: LITE] gained 1.98% on the last trading session, reaching $64.42 price per share at the time.
If compared to the average trading volume of 2.83M shares, LITE reached a trading volume of 4778552 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Lumentum Holdings Inc [LITE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LITE shares is $83.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LITE stock is a recommendation set at 1.61. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northland Capital have made an estimate for Lumentum Holdings Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 07, 2025. While these analysts kept the previous recommendation, Raymond James dropped their target price from $96 to $82. The new note on the price target was released on March 24, 2025, representing the official price target for Lumentum Holdings Inc stock. Previously, the target price had yet another raise to $92, while Exane BNP Paribas analysts kept a Outperform rating on LITE stock.
The Average True Range (ATR) for Lumentum Holdings Inc is set at 4.31, with the Price to Sales ratio for LITE stock in the period of the last 12 months amounting to 3.15. The Price to Book ratio for the last quarter was 5.10, with the Price to Cash per share for the same quarter was set at 12.96.
Trading performance analysis for LITE stock
Lumentum Holdings Inc [LITE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.44. With this latest performance, LITE shares gained by 29.98% in over the last four-week period, additionally plugging by 0.86% over the last 6 months – not to mention a rise of 45.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LITE stock in for the last two-week period is set at 58.84, with the RSI for the last a single of trading hit 68.37, and the three-weeks RSI is set at 53.72 for Lumentum Holdings Inc [LITE]. The present Moving Average for the last 50 days of trading for this stock 61.31, while it was recorded at 62.20 for the last single week of trading, and 68.78 for the last 200 days.
Lumentum Holdings Inc [LITE]: A deeper dive into fundamental analysis
Lumentum Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.60 and a Current Ratio set at 4.76.
Lumentum Holdings Inc [LITE]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LITE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lumentum Holdings Inc go to 70.03%.
An analysis of Institutional ownership at Lumentum Holdings Inc [LITE]
The top three institutional holders of LITE stocks are: FMR LLC with ownership of 9.21 million shares, which is approximately 13.6821%. VANGUARD GROUP INC, holding 7.45 million shares of the stock with an approximate value of $$379.54 million in LITE stocks shares; and VANGUARD GROUP INC, currently with $$319.27 million in LITE stock with ownership which is approximately 9.2888%.
