Home News Recent Valuation: Lumentum (NASDAQ: LITE)

Recent Valuation: Lumentum (NASDAQ: LITE)


Lumentum is in the technology sector and trades as part of the communication equipment industry. The company CEO is Alan S. Lowe. Lumentum Inc offers optical and photonic products addressing end markets including data communications and telecommunications networking and industrial and commercial lasers for manufacturing, inspection and life-science applications.

Previous Intraday Trading Performance:

The LITE stock showed a previous change of 2.91% with an open at 42.90 and a close of 43.46. It reached an intraday high of 43.77 and a low of 42.25.

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The stock has a market cap of $3.3b with 77.0m shares outstanding, of which the float is 76.2m shares. Trading volume reached 1,131,898 shares compared to its average volume of 1,770,109 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Lumentum shares returned 2.04% and in the past 30 trading days it returned 9.06%. Over three months, it changed -22.38%. In one year it has changed -16.02% and within that year its 52-week high was 74.40 and its 52-week low was 37.00. LITE stock is 17.46% above its 52 Week Low.

Our calculations show a 200 day moving average of 56.49 and a 50 day moving average of 45.76. Currently LITE stock is trading -23.07% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

PR Newswire:  Lumentum To Showcase Optical And Laser Products At Six Major Industry Events During Its First Calendar Quarter 2019


The last annual fiscal EPS for the company was reported at 3.76 that ended on 30th of June 2018, which according to the previous close, that is a PE of 11.56. Based on 5 analyst estimates, the consensus EPS for the next quarter is 0.48. The TTM EPS is 3.20, which comes to a TTM PE of 13.58.

The following are the last four quarter reported earnings per share:
09-30-2018:  1.14
06-30-2018:  0.80
03-31-2018:  0.64
12-31-2017:  1.44

Base on our calculations, the intrinsic value per share is 73.90, which means it is possibly undervalued and has a margin of safety of 41.19%

Indicators to Watch:

Based on the latest filings, there is 138.30% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 0.46

PR Newswire:  Lumentum To Showcase Optical And Laser Products At Six Major Industry Events During Its First Calendar Quarter 2019

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 34.72%, return on assets is 19.50%, profit margin is 9.20%, price-to-sales is 2.39 and price-to-book is 3.25.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 4  :Past Performance Score
 5  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 4  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.