LITE - Lumentum Holdings Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
41.52
+0.44 (+1.07%)
At close: 4:00PM EST

41.52 0.00 (0.00%)
After hours: 4:17PM EST

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Previous Close41.08
Open40.72
Bid41.23 x 4000
Ask42.00 x 800
Day's Range40.27 - 42.25
52 Week Range37.00 - 74.40
Volume1,731,725
Avg. Volume1,988,400
Market Cap2.632B
Beta (3Y Monthly)0.84
PE Ratio (TTM)9.26
EPS (TTM)4.48
Earnings DateFeb 4, 2019 - Feb 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est66.24
Trade prices are not sourced from all markets
  • See what the IHS Markit Score report has to say about Lumentum Holdings Inc.
    Markit9 hours ago

    See what the IHS Markit Score report has to say about Lumentum Holdings Inc.

    Lumentum Holdings Inc NASDAQ/NGS:LITE

  • CNBCyesterday

    Rumors of weak iPhone demand heat up as at least four Apple suppliers cut revenue forecasts

    Apple said earlier this month it would stop reporting individual unit sales and revenue figures for the iPhone, leading some to speculate that the company has something to hide. At least four Apple AAPL suppliers have cut their revenue forecasts this week, fueling speculation that Apple is scaling back manufacturing of the iPhone.

  • Apple erases $209B in market cap, teeters on edge of bear market territory
    American City Business Journalsyesterday

    Apple erases $209B in market cap, teeters on edge of bear market territory

    The past six weeks have been brutal for Apple Inc. shareholders, who saw the company dip below its $1.1 trillion market cap and keep falling.

  • Apple supplier AMS cuts forecast, indicating poor iPhone demand
    Reutersyesterday

    Apple supplier AMS cuts forecast, indicating poor iPhone demand

    Austria's AMS (AMS.S), which makes facial recognition technology, became the latest Apple supplier to cut its revenue forecast, adding to growing evidence that the latest iPhones are not selling well. AMS, which specializes in sensors, did not name Apple as the customer, but analysts estimate that the U.S. giant accounts for 40 percent of the Austrian group's sales.

  • Apple supplier AMS cuts forecast, indicating poor iPhone demand
    Reutersyesterday

    Apple supplier AMS cuts forecast, indicating poor iPhone demand

    Austria's AMS, which makes facial recognition technology, became the latest Apple supplier to cut its revenue forecast, adding to growing evidence that the latest iPhones are not selling well. AMS, which specialises in sensors, did not name Apple as the customer, but analysts estimate that the U.S. giant accounts for 40 percent of the Austrian group's sales. Apple shocked investors two weeks ago with a lower than expected sales forecast for the Christmas quarter, prompting suppliers including U.S. firm Lumentum, British chipmaker IQE and screen maker Japan Display to issue warnings that pointed to weakness in new iPhone sales.

  • Another Apple Supplier Just Cut Its Forecast
    Bloombergyesterday

    Another Apple Supplier Just Cut Its Forecast

    AMS AG, an Austria-based maker of light sensors for smartphones, became at least the fourth key supplier to the U.S. company this week to reduce revenue estimates for the current quarter. Apple is headed for its longest losing streak in more than six months as investors reassess the company’s growth prospects. Guggenheim on Wednesday said the company’s recent reliance on rising average selling prices was “no longer enough” to boost growth at a time unit sales show signs of slowing.

  • Another Apple Supplier Just Cut Its Forecast
    Bloombergyesterday

    Another Apple Supplier Just Cut Its Forecast

    AMS AG, an Austria-based maker of light sensors for smartphones, became at least the fourth key supplier to the U.S. company this week to reduce revenue estimates for the current quarter. Apple is headed for its longest losing streak in more than six months as investors reassess the company’s growth prospects. Guggenheim on Wednesday said the company’s recent reliance on rising average selling prices was “no longer enough” to boost growth at a time unit sales show signs of slowing.

  • Reuters2 days ago

    Analysis: A matter of volume - threat from ascendant Chinese phones hangs over Apple

    A raft of profit warnings from Apple Inc suppliers this week has fuelled investor concerns that iPhone sales, in terms of volume, have hit a wall that could spell trouble for the company's plans to make services its main pillar of growth. For the past year, investors had largely been willing to overlook stagnating unit sales of the iPhone because average selling prices kept rising. Apple has often stated its plan to increase its revenue from paid services, such as Apple Music and iCloud.

  • MarketWatch2 days ago

    AMS joins list of Apple suppliers trimming outlooks

    AMS AG cut its forecast late Wednesday, adding to a number of Apple Inc. suppliers cutting outlooks because of lower-than-expected sales. AMS said it sees fourth-quarter revenue of $480 million to $520 million, down from its forecast of $570 million to $610 million made in late October, because of "recent demand changes from a major consumer customer." Analysts surveyed by FactSet had estimated revenue of $617.6 million. Over the week, suppliers Lumentum Holdings Inc. and Qorvo Inc. warned of lower-than-expected sales.

  • Qorvo (QRVO) Lowers Q3 Outlook, Mirrors Lumentum's Move
    Zacks2 days ago

    Qorvo (QRVO) Lowers Q3 Outlook, Mirrors Lumentum's Move

    Qorvo (QRVO) trims Q3 revenue outlook citing reduced demand for flagship smartphones. However, the company informs it does not perceive any major demand alterations from China-based smartphone makers.

  • Apple Stock Downgraded On Slowing iPhone Demand
    Investor's Business Daily2 days ago

    Apple Stock Downgraded On Slowing iPhone Demand

    A Wall Street analyst downgraded Apple stock, saying increased average selling prices for the iPhone won't be enough to offset slowing handset sales. Apple stock rose a fraction on the news.

  • Apple iPhone Sales Estimates Cut On Negative Supplier Reports
    Investor's Business Daily3 days ago

    Apple iPhone Sales Estimates Cut On Negative Supplier Reports

    More Wall Street analysts lowered their iPhone sales estimates on Tuesday following reports of production cuts by Apple's supply chain partners. Apple stock dipped by 1% at the close.

  • Wall Street is souring on Apple
    Yahoo Finance2 days ago

    Wall Street is souring on Apple

    Apple shares are down almost 20% from their highs and Wall Street firms just won't stop publishing a torrent of negative commentary about the iPhone maker.

  • TheStreet.com2 days ago

    Apple Shares Tumble Into Bear Market Territory

    shares are tumbling, along with the rest of the U.S. stock market Wednesday, bringing the tech behemoth into bear market territory. The stock was falling 2.3% on Wednesday around noontime to a share price of $187.83 and briefly dropped below $186.80, which would be a 20% drop from its most recent all-time high of $232.07, signaling a bear market. Late on Monday, Goldman Sachs cut its price target for Apple from $240 a share to $209 after one of its suppliers, Lumentum Holdings Inc.

  • CNBC2 days ago

    Apple, bellwether for technology stocks across Wall Street, dips into bear market territory

    Investors have grown concerned that the company will suffer declines in iPhone unit sales over the next couple years. "You're talking not just about what Apple represents, but its effect across the whole food chain, including semiconductors," said Apple analyst Daniel Ives. Shares of Apple AAPL , a bellwether for the technology sector, dipped into a bear market on Wednesday as the decline from its recent all-time high briefly totaled more than 20 percent.

  • Should You Buy Lumentum Stock at Its 52-Week Low?
    Motley Fool2 days ago

    Should You Buy Lumentum Stock at Its 52-Week Low?

    Did a 33% plunge reset expectations for this fiber optic components maker?

  • CNBC2 days ago

    Apple downgraded, more iPhone estimates cut as Street starts to turn on the stock

    Guggenheim downgraded Apple to neutral from buy and removed its prior $245 price target. UBS cut its 12-month price target on Apple to $225 from $240 and lowered iPhone unit sales estimates for the current quarter to 73.5 million from 75 million.

  • Financial Times3 days ago

    [$$] Apple falls into bear market territory

    fell into bear market territory on an intraday basis on Wednesday as concerns grow that demand for the iPhone has peaked. Apple shares fell as much as 3.2 per cent to $186.02 in midday trading. The drop takes the stock’s decline from its intraday high of $233.47 on October 3 to 20.3 per cent, meeting the definition of a bear market.

  • Bloomberg3 days ago

    Hon Hai's Profit Miss Reflects Growing iPhone-Supplier Woes

    The main assembler of iPhones reported net income of NT$24.9 billion ($806 million) in the September quarter, about 12 percent below the average analysts’ estimate. Hon Hai joins a string of Apple suppliers that’ve warned of a worsening outlook as iPhone volumes plateau alongside a lethargic smartphone market. Hon Hai, known also as Foxconn, is among a bevy of companies that together crank out devices for Apple and just about every other major consumer electronics label.

  • Nasdaq Leads Sell-Off As These 4 Top Stocks Reverse Badly
    Investor's Business Daily4 days ago

    Nasdaq Leads Sell-Off As These 4 Top Stocks Reverse Badly

    The Nasdaq led a broad sell-off in stocks today while recent new breakouts are failing. Apple is making a key test of buying support near its 200-day moving average.

  • 3 Overpriced Semiconductor Stocks Due for a Fall
    InvestorPlace3 days ago

    3 Overpriced Semiconductor Stocks Due for a Fall

    Semiconductor stocks have had it very easy for the last few years. In looking for semiconductor stocks to dump I’m looking for companies that investors had overreached for, but where the final collapse has not yet come.

  • PR Newswire3 days ago

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Lumentum Holdings Inc. - LITE

    NEW YORK, Nov. 13, 2018 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Lumentum Holdings ("Lumentum" or the "Company") (NASDAQ: LITE).  Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. On this news, Lumentum's stock price fell $18.45 per share, or nearly 33%, to close at $37.50 per share on November 12, 2018.

  • Apple Investors Are Still Worried About iPhone Unit Volumes
    Motley Fool3 days ago

    Apple Investors Are Still Worried About iPhone Unit Volumes

    Supplier warnings knocked down shares of the tech titan yesterday.

  • ACCESSWIRE3 days ago

    SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Lumentum Holdings Inc. (LITE)

    NEW YORK, NY / ACCESSWIRE / November 13, 2018 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers Lumentum Holdings Inc. ("Lumentum" or the "Company") ...

  • TheStreet.com3 days ago

    Apple Edges Lower as Goldman Sours on iPhone Forecasts, Cuts Price Target

    shares edged lower Tuesday after analysts at Goldman Sachs cut their estimate for iPhone sales and group sales for the tech giant's 2019 fiscal year. , issued a profit warning Monday that lopped nearly a third of the component maker's market value and triggered a 5% decline for Apple that led the Dow Jones Industrial Average into a 500-point tailspin. Goldman also cut its price target on Apple to $209 from $222 per share.