|Bid||68.35 x 200|
|Ask||68.40 x 600|
|Day's Range||67.45 - 69.52|
|52 Week Range||40.35 - 74.40|
|PE Ratio (TTM)||42.61|
|Earnings Date||May 2, 2018 - May 7, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||80.69|
I am going to run you through how I calculated the intrinsic value of Lumentum Holdings Inc (NASDAQ:LITE) using the discounted cash flow (DCF) method. Anyone interested in learning aRead More...
The development of new features for the estimated 1.5 billion smart phones shipped annually has been at the heart of the battle for global market share over the past decade, with Apple, bolstered by its huge R&D budget, often leading. When the iPhone 5S launched with a fingerprint-sensing home button in September 2013, for example, it took its biggest rival Samsung until just April of the next year to deliver its own in the Galaxy S5, with others following soon after.
NEW ORLEANS , March 19, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed ...
Cisco Systems, Inc. (NASDAQ:CSCO) is up around 11% since it announced earnings in February, bringing its market cap to $218 billion. Could CSCO stock be trading like a tech stock again? For most of the 2010s, Cisco has been trading like an income stock, something you buy for its dividend yield.
Finisar continues to be the consensus bet for a company in the optical-fiber sector to make acquisitions, experts say.
NEW YORK , March 13, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Oclaro, Inc. ("OCLR" or the ...
Live Demonstrations Of Both QSFP-DD FR4 And OSFP FR4 Modules MILPITAS, Calif. , and SAN DIEGO , March 13, 2018 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") will showcase its high-speed ...
Lumentum Holdings Inc (NASDAQ: LITE ) reached an agreement to acquire Oclaro Inc (NASDAQ: OCLR ) in a deal that makes "strong strategic sense" for the companies and highlights the longer-term ...
Canada Goose is one among a decent number of new IPOs flourishing in the current stock market uptrend.
Shares of Oclaro (NASDAQ: OCLR) surged nearly 28% on Monday, after the fiber optic component maker's larger rival, Lumentum (NASDAQ: LITE), agreed to buy it in an $1.8 billion deal. Lumentum will pay $9.99 ...
This means that investors who seek to profit from falling equity prices are currently targeting LITE. The net inflows of $187 million over the last one-month into ETFs that hold LITE are among the lowest of the last year and appear to be slowing.
Live 100G Single Lambda and 400G Demonstrations for Next-Generation Data Center Applications MILPITAS, Calif. , and SAN DIEGO , March 13, 2018 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") ...
One analyst believes the $1.8 billion deal may spark an era of consolidation in the field of fiber-optic communications.
The S&P 500 and the Dow Jones Industrial Average slumped on Monday as the U.S. tariffs signed into law last week by President Donald Trump weighed on industrials, though gains in tech stocks boosted the Nasdaq. Shares of companies such as Boeing Co, down 2.9 percent, and Caterpillar Inc, down 2.4 percent, have been under pressure as Trump's protectionist stance on steel and aluminum imports could increase costs and hamper sales abroad.
To Discuss Next-Gen Optical Networks, and Optical Industry MILPITAS, Calif. and SAN DIEGO , March 12, 2018 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") thought leaders will discuss the ...
Lumentum Holdings (LITE) this morning said it will purchase Oclaro (OCLR) for $9.99 per share in cash and stock, including $5.60 a share and 0.0636 of a share of Lumentum for each Oclaro share. Oclaro stock is up $2.16, or 27%, at $10.01, Lumentum is up $3.59, or 5%, at $72.55, and Finisar (FNSR), Lumentum’s biggest competitor, is up $1.18, or 6%, at $20.49, a reprieve from a rough week of earnings news and downgrades last week. Acacia Communications (ACIA) is up $2.64, or 6%, at $44.87, and NeoPhotonics (NPTN) is up 52 cents, over 7%, at $7.69. One of the only down names is Fabrinet (FN), down $1.26, or almost 4%, at $32.58.
Lumentum Holdings Inc (NASDAQ:LITE) delivered an ROE of 10.75% over the past 12 months, which is an impressive feat relative to its industry average of 6.84% during the same period.Read More...
Laser and optical fiber specialist Lumentum Holdings Inc, seen by analysts as a parts supplier for Apple's Face ID technology, will buy optical components producer Oclaro Inc for about $1.7 billion in cash and stock. Announcing the deal on Monday, California-based Lumentum said the purchase was aimed at broadening its portfolio of laser offerings and getting an edge in a fast-developing market for 3D sensing technology. Technology sector analysts say Lumentum is the primary supplier of vertical-cavity surface-emitting lasers (VCSELs) that power the Face ID, Animoji and portrait mode features in Apple Inc's premium iPhone X.
Lumentum Holdings (LITE) this morning said it will purchase Oclaro (OCLR) for $9.99 per share in cash and stock, including $5.60 a share and 0.0636 of a share of Lumentum for each Oclaro share. Seems consolidation is something everyone likes: Oclaro stock is up $2.15, or 27%, at $10. Lumentum is up $5.38, or 8%, at $74.35.
Gains in Apple, Amazon and chipmakers Broadcom and Micron Technology drove the S&P 500 higher. Broadcom rose 2.9 percent following report that Intel was considering a possible bid for the company. The advances followed a near 2 percent gain for the main indexes on Friday after data showed sluggish wage growth in February, easing concerns about the Federal Reserve moving too fast on interest rate hikes.
SAN JOSE, Calif. , March 12, 2018 /PRNewswire/ -- With the signing of a definitive agreement by Lumentum (NASDAQ: LITE) to acquire Oclaro, Inc. (NASDAQ: OCLR) that was announced earlier today, Oclaro has ...