|Bid||77.69 x 800|
|Ask||81.99 x 1000|
|Day's Range||76.70 - 79.97|
|52 Week Range||73.97 - 108.90|
|Beta (5Y Monthly)||0.83|
|PE Ratio (TTM)||14.69|
|Earnings Date||Jan 31, 2022 - Feb 04, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||113.73|
Lumentum and IPG Photonics have been highlighted in this Industry Outlook article.
The Zacks Laser Systems and Components industry participants like Lumentum (LITE) and IPG Photonics (IPGP) gain from solid demand for emerging applications like cloud computing, autonomous driving, IoT and 5G amid pandemic-induced supply chain disruptions.
The average of price targets set by Wall Street analysts indicates a potential upside of 25.5% in Lumentum (LITE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.