68.91 0.00 (0.00%)
After hours: 4:25PM EST
|Bid||68.92 x 900|
|Ask||68.94 x 1000|
|Day's Range||67.20 - 69.27|
|52 Week Range||37.29 - 69.27|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 3, 2020 - Feb 7, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||74.69|
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Lumentum Holdings...
Morgan Stanley turned bullish on Lumentum in March and said at the time that the company wasn't receiving enough credit for the synergy potential of its late 2018 acquisition of Oclaro, Marshall said in a Monday downgrade note. The 3D sensing business is performing better than expected so far in 2019, as management fixed inventory issues, Marshall said.
Morgan Stanley's rating cut on Lumentum makes it the only one of 16 brokerage and banking firms whose analysts are tracking the tech company's stock without a buy recommendation.
SAN JOSE, Calif. , Nov. 8, 2019 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that management is scheduled to participate in the Needham Security, Networking, & Communications ...
Current ratio is a popular way for investors to assess the health of a stock’s balance sheet. Current ratio is a measure of a company’s ability to pay its current liabilities and obligations due within ...
Lumentum earnings and revenue for its fiscal Q1 topped estimates, while guidance for the December quarter blew past Wall Street targets. Lumentum stock signaled a breakout.
Lumentum (LITE) delivered earnings and revenue surprises of 20.00% and 0.08%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Lumentum Holdings Inc. shot up 5.8% in premarket trading Thursday, after the optical and photonic products company, and Apple Inc. supplier, reported fiscal first-quarter profit and revenue that beat expectations, and provided an upbeat second-quarter outlook. Net income edged up to $47.6 million, or 61 cents a share, from $47.4 million, or 72 cents a share, in the year-ago period. Excluding non-recurring items, adjusted EPS grew to $1.44 from $1.32 and was above the FactSet consensus of $1.20. Revenue rose 27% to $449.9 million, beating the FactSet consensus of $448.2 million. Gross margin improved to 37.3% from 35.6%. For the second quarter, the company expects adjusted EPS of $1.20 to $1.35, above the FactSet consensus of $1.11, and revenue of $445 million to $460 million, compared with expectations of $430 million. "As we look to our second quarter, we are seeing strengthening demand for key differentiated products in telecom, datacom, and commercial lasers," said Chief Executive Alan Lowe. The stock has run up 36.2% year to date through Wednesday, while the S&P 500 has advanced 21.5%.
- Net revenue of $449.9 million - GAAP operating margin of 13.3%; Non-GAAP operating margin of 27.3% - GAAP diluted net income per share of $0.61 ; Non-GAAP diluted net income per share of $1.44 SAN JOSE, ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Lumentum Holdings, Inc. New York, October 29, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Lumentum Holdings, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
MSCI's third-quarter 2019 results are likely to reflect strong demand for custom and factor index modules, and rising adoption of the ESG solution in the investment process.
Is Lumentum Holdings Inc (NASDAQ:LITE) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after […]
Lumentum (LITE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lumentum (LITE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Check out these augmented reality stocks to buy as the space heats up! AR is making waves because of its massive potential in virtually all industries.
MILPITAS, Calif. , Oct. 15, 2019 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") will announce its first quarter fiscal year 2020 financial results for the period ended September 28, 2019 ...
It might be of some concern to shareholders to see the Lumentum Holdings Inc. (NASDAQ:LITE) share price down 14% in...
[Editor's note: This story was previously published in June 2019. It has since been updated and republished.]Augmented reality is quietly growing quickly. According to a report released last year, AR was worth $350 million in 2018, and its value is expected to surge at a compound annual growth rate of around 150% from 2019-2024. Among the areas in which AR is expected to be used in the near-future are social media, mobile devices, virtual conference calls, and automotive devices. * 7 A-Rated Stocks to Buy for the Rest of 2019 Here's a run-down of nine names investors will want to keep an eye on as the harbingers of the (fruitful and rapidly approaching) AR era.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Vuzix Corp (VUZI)Source: Shutterstock Although the project was actively pursued by Alphabet (NASDAQ:GOOGL) afterward, the first go-around for Google Glass was pretty much a flop. The idea of projecting information onto glass a user/wearer is looking through, however, never really went away. It just has far more applications as an industrial or commercial tool than it does for a consumer.Enter Vuzix Corp (NASDAQ:VUZI). You may know it as the company that developed an apparatus that helps blind people get around better. But products like its M300 and Blade smart glasses were "built for enterprise." The company has quietly made a compelling case for using them as a means of getting more done in the workplace at a reasonable price… for a corporation. QUALCOMM (QCOM)Source: Michael Vi / Shutterstock.com Yes, it's best known as a telecom and semiconductor play and not often lumped in with a list of AR stocks. But, QUALCOMM, Inc. (NASDAQ:QCOM) is very well-positioned to capitalize on the mainstreaming of augmented reality.It's gone relatively unrealized (or at least unappreciated), but AR requires the delivery of massive amounts of data, and it requires plenty of computing power to deliver that information in real-time. AR glasses and goggles also burn through batteries relatively quickly. * 7 A-Rated Stocks to Buy for the Rest of 2019 QUALCOMM as addressing all three needs, announcing in 2018 that it would be developing a chipset specifically for AR and VR applications. This turn-key solution will make it easier for other developers to bring new glasses to the marketplace. Lumentum (LITE)If the name Lumentum (NASDAQ:LITE) rings a bell, there's a reason. It's a stock that was thrust into the spotlight in the latter part of 2017 when Apple CEO Tim Cook began talking up augmented reality's prospects.Though he didn't explicitly say at the time how (or even if) Apple would aim at the AR market, nor did he mention Lumentum by name, the potentially-bullish connection makes a lot of sense. Lumentum makes the kind of 3D sensor lasers that can turn a smartphone into something of a radar -- an important piece of the augmented reality movement. Apple (AAPL)Source: View Apart / Shutterstock.com Speaking of Apple(NASDAQ:AAPL), it, too, is a name to keep in mind if you believe augmented reality is a serious opportunity.Yes, its smartphones are powerful computers that seem to become more powerful with each iteration. That's not why the company is such an interesting AR prospect though. Rather, Apple is reportedly developing its own augmented reality headset, a la Google Glass. * 10 Companies Using AI to Grow The device likely wouldn't launch until 2021, according to Loup Ventures' Gene Munster. But the market rewards potential about as much as it does real results, so it's something that could begin to positively impact the stocks soon and continue as the presumed launch date nears. Immersion Corporation (IMMR)Source: Immersion.com Immersion Corporation (NASDAQ:IMMR) has earned a spot on a list of noteworthy AR stocks to watch with its TouchSense(r) Force technology that makes displays screens a tactile, haptic experience. It's been particularly impressive in the VR gaming world, but the possibilities are just now starting to be realized in full. Axon Enterprise (AAXN)Source: Shutterstock Axon Enterprise Inc (NASDAQ:AAXN) isn't an augmented reality play… yet. But, it appears it soon will be. In 2018, the maker of TASERs and body-worn cameras suggested AR and VR would be its next frontier.It's not entirely clear what this might mean. But, given the nature of its target markets -- law enforcement and military personnel -- it's reasonably safe to assume the company is mulling ways to better protect and equip people that wear a uniform -- and a gun -- to work. * 7 A-Rated Stocks to Buy for the Rest of 2019 A marketable product is still years away, but like any other company, the market is likely to reward progress en route to results. Microsoft Corporation (MSFT)Source: gguy / Shutterstock.com Don't get the wrong idea. Productivity software, the cloud and operating systems are still the company's break and butter, and will be for a long, long time. Microsoft Corporation (NASDAQ:MSFT) is wading into augmented reality waters, though, quickly enough that it just might make a modest impact on the stock's value.How so? The HoloLens. It's arguably the most market-ready, and marketable, AR/VR headset available today, even if interest has been tepid thus far.In May 2018, the software giant demonstrated two practical apps that make good use of the hardware: Layou, and Remote Assist. Layout allows for structural designing beyond mere blueprints, while Remote Assist shares what you see with people who aren't on-site.It may be just the 'aha' app that convinces companies they can't live without the HoloLens. Microvision (MVIS)Source: Microvision For the record, Microvision, Inc. (NASDAQ:MVIS) and Microsoft are two different companies. The aforementioned Microsoft is the maker of the HoloLens, which may be on the verge of becoming a must-have. Microvision's role in the augmented reality movement, however, it a little bit different. It's the maker of laser (and the supporting technologies) that can project images and data into glass.The most practical and tangible use of its PicoP(r) technology is the projection of the information normally found on a car's dashboard up to the windshield, allowing a driver to keep his or her eyes on the road. It's the same basic concept being used by Google Glass, Microsoft's HoloLens and the like though -- melding the benefits of a transparent material with valuable information overlaid. NVIDIA (NVDA)Source: Hairem / Shutterstock.com Last but not least, it may be a tad obvious, but add NVIDIA Corporation (NASDAQ:NVDA) to your list of AR stocks to keep tabs on.NVIDIA has already proven itself capable of handling the big visual data loads associated with virtual reality; making augmented reality even better is proving relatively easily by comparison.One area it's making that happen is on the automotive front. Like Microvision, NVIDIA is working on improving the driving experience by melding AR with artificial intelligence. That's only a taste of what's to come though. While other companies are still perfecting their first-generation augmented reality hardware, NVIDIA is already thinking about the next generation of AR technologies. Two improvements on NVIDIA's radar are varifocal displays, which improve clarity of an object for a user, and the integration of tactile/haptic information with visually-augmented reality.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Super Boring Stocks to Buy With Super Safe Returns * 10 Winning Stocks to Buy and Stick With for the Long Haul * Don't Give Up on These 4 Cannabis Stocks The post 9 Augmented Reality Stocks to Buy appeared first on InvestorPlace.