LITE RSI Chart
Last 7 days
-1.6%
Last 30 days
-7.7%
Last 90 days
-13.2%
Trailing 12 Months
-2.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.4B | 0 | 0 | 0 |
2023 | 1.8B | 1.8B | 1.6B | 1.4B |
2022 | 1.7B | 1.7B | 1.8B | 1.8B |
2021 | 1.7B | 1.7B | 1.7B | 1.7B |
2020 | 1.7B | 1.7B | 1.7B | 1.7B |
2019 | 1.5B | 1.6B | 1.7B | 1.7B |
2018 | 1.2B | 1.2B | 1.4B | 1.3B |
2017 | 1.0B | 1.0B | 986.7M | 1.1B |
2016 | 870.2M | 903.0M | 948.5M | 995.2M |
2015 | 829.2M | 837.1M | 830.7M | 838.5M |
2014 | 805.9M | 817.9M | 825.2M | 832.1M |
2013 | 0 | 769.9M | 781.9M | 793.9M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 15, 2024 | retort vincent | sold (taxes) | -76,490 | 49.19 | -1,555 | president, industrial tech. |
Feb 15, 2024 | ali wajid | sold (taxes) | -88,935 | 49.19 | -1,808 | evp & chief financial officer |
Feb 15, 2024 | sepe matthew joseph | sold (taxes) | -33,941 | 49.19 | -690 | chief accounting officer |
Feb 15, 2024 | lowe alan s | sold (taxes) | -238,129 | 49.19 | -4,841 | chief executive officer |
Feb 15, 2024 | sepe matthew joseph | sold | -487,558 | 49.2334 | -9,903 | chief accounting officer |
Feb 15, 2024 | wupen yuen | sold (taxes) | -10,280 | 49.19 | -209 | president, cloud & networking |
Feb 15, 2024 | hamel judy g | sold (taxes) | -52,387 | 49.19 | -1,065 | svp, gc and secretary |
Nov 20, 2023 | johnson julia suzanne | sold | -51,369 | 44.17 | -1,163 | - |
Nov 17, 2023 | johnson julia suzanne | acquired | - | - | 5,416 | - |
Nov 17, 2023 | herscher penny | acquired | - | - | 5,416 | - |
Which funds bought or sold LITE recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 08, 2024 | Russell Investments Group, Ltd. | reduced | -87.43 | -121,286 | 15,530 | -% |
May 08, 2024 | US BANCORP \DE\ | added | 14.78 | 56,134 | 1,580,880 | -% |
May 08, 2024 | STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | added | 2.21 | 215,053 | 4,267,280 | 0.01% |
May 08, 2024 | KBC Group NV | added | 27.7 | 9,000 | 72,000 | -% |
May 08, 2024 | Panview Asian Equity Master Fund | new | - | 12,311,000 | 12,311,000 | 3.86% |
May 08, 2024 | Bell Investment Advisors, Inc | sold off | -100 | -525 | - | -% |
May 08, 2024 | EMERALD MUTUAL FUND ADVISERS TRUST | new | - | 11,161,600 | 11,161,600 | 0.58% |
May 08, 2024 | Focused Wealth Management, Inc | sold off | -100 | -1,677 | - | -% |
May 08, 2024 | COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | added | 0.85 | -69,036 | 705,941 | -% |
May 08, 2024 | Entropy Technologies, LP | added | 83.29 | 134,268 | 339,073 | 0.04% |
Unveiling Lumentum Holdings Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Lumentum Holdings Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CSCO | 193.6B | 57.2B | 14.4 | 3.38 | ||||
ANET | 92.8B | 6.1B | 40.54 | 15.26 | ||||
HPQ | 29.1B | 53.1B | 8.51 | 0.55 | ||||
HPE | 22.2B | 29.1B | 10.96 | 0.76 | ||||
LOGI | 13.4B | 4.2B | 27.49 | 3.15 | ||||
JNPR | 11.2B | 5.3B | 49.98 | 2.1 | ||||
MID-CAP | ||||||||
UI | 7.1B | 1.9B | 18.96 | 3.76 | ||||
BDC | 3.7B | 2.4B | 20.77 | 1.55 | ||||
LITE | 2.9B | 1.4B | -8.32 | 2.07 | ||||
SMALL-CAP | ||||||||
EXTR | 1.4B | 1.2B | -217.06 | 1.12 | ||||
ADTN | 424.9M | 1.1B | -1.59 | 0.37 | ||||
AAOI | 410.1M | 205.3M | -6.52 | 2 | ||||
ALOT | 137.8M | 148.1M | 29.36 | 0.93 | ||||
AIRG | 57.2M | 53.8M | -4.76 | 1.06 | ||||
AKTS | 55.2M | 29.7M | -0.8 | 1.86 |
Lumentum Holdings Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -0.1% | 367 | 367 | 318 | 371 | 383 | 506 | 507 | 422 | 395 | 447 | 448 | 392 | 420 | 479 | 452 | 368 | 403 | 458 | 450 | 405 | 433 |
Gross Profit | -7.0% | 60.00 | 64.00 | 77.00 | 90.00 | 112 | 166 | 201 | 182 | 167 | 208 | 232 | 163 | 185 | 230 | 206 | 136 | 158 | 189 | 168 | 87.00 | 88.00 |
Operating Expenses | 2.9% | 174 | 169 | 158 | 146 | 163 | 188 | 188 | 126 | 120 | 122 | 116 | 117 | -81.90 | 114 | 107 | 109 | 115 | 114 | 108 | 101 | 165 |
S&GA Expenses | -8.7% | 78.00 | 85.00 | 73.00 | 68.00 | 76.00 | 98.00 | 106 | 70.00 | 64.00 | 69.00 | 63.00 | 58.00 | 66.00 | 61.00 | 56.00 | 55.00 | 61.00 | 62.00 | 57.00 | 49.00 | 55.00 |
R&D Expenses | -1.4% | 77.00 | 78.00 | 74.00 | 74.00 | 85.00 | 76.00 | 73.00 | 57.00 | 57.00 | 53.00 | 54.00 | 54.00 | 57.00 | 53.00 | 50.00 | 49.00 | 49.00 | 51.00 | 50.00 | 50.00 | 58.00 |
EBITDA Margin | 1.3% | 0.20* | 0.20* | 0.18* | 0.16* | 0.16* | 0.16* | 0.17* | 0.18* | 0.17* | 0.17* | 0.17* | 0.17* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -7.2% | 9.00 | 10.00 | 10.00 | 9.00 | 9.00 | 9.00 | 9.00 | 27.00 | 20.00 | 17.00 | 17.00 | 18.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 18.00 | 11.00 | 11.00 | 11.00 |
Income Taxes | 916.7% | 20.00 | -2.40 | -1.40 | 15.00 | -9.40 | 5.00 | 19.00 | 2.00 | 3.00 | 12.00 | 18.00 | 7.00 | 27.00 | 15.00 | 17.00 | 19.00 | 5.00 | 9.00 | 6.00 | 5.00 | -8.20 |
Earnings Before Taxes | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 49.00 | 58.00 | 53.00 | -21.10 | -82.50 |
EBT Margin | 1.2% | 0.10* | 0.10* | 0.09* | 0.08* | 0.08* | 0.08* | 0.08* | 0.08* | 0.08* | 0.08* | 0.08* | 0.08* | - | - | - | - | - | - | - | - | - |
Net Income | -28.2% | -127 | -99.10 | -67.90 | -60.20 | -39.30 | -31.70 | -0.40 | 35.00 | 26.00 | 57.00 | 82.00 | 22.00 | 226 | 83.00 | 67.00 | -4.60 | 43.00 | 49.00 | 48.00 | -25.80 | -74.30 |
Net Income Margin | -34.5% | -0.25* | -0.19* | -0.13* | -0.07* | -0.02* | 0.02* | 0.07* | 0.12* | 0.11* | 0.23* | 0.24* | 0.23* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 18.2% | -26.60 | -32.50 | -60.10 | 13.00 | -14.50 | 55.00 | -2.10 | 86.00 | 58.00 | 180 | 44.00 | 106 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -9.7% | 4,205 | 4,656 | 4,545 | 4,632 | 4,354 | 4,418 | 4,387 | 4,162 | 4,134 | 3,616 | 3,519 | 3,552 | 3,746 | 3,468 | 3,387 | 3,293 | 3,269 | 3,221 | 2,868 | 2,717 | 2,771 |
Current Assets | -20.0% | 1,650 | 2,062 | 2,692 | 2,778 | 2,464 | 2,493 | 2,438 | 3,139 | 3,101 | 2,540 | 2,423 | 2,437 | 2,570 | 2,266 | 2,167 | 2,050 | 1,963 | 1,883 | 1,423 | 1,333 | 1,418 |
Cash Equivalents | -9.4% | 425 | 469 | 862 | 859 | 549 | 592 | 605 | 1,290 | 1,130 | 552 | 611 | 774 | 688 | 321 | 270 | 298 | 688 | 1,085 | 539 | 433 | 358 |
Inventory | -10.8% | 421 | 472 | 428 | 409 | 410 | 367 | 366 | 250 | 224 | 208 | 207 | 196 | 211 | 207 | 213 | 189 | 173 | 180 | 202 | 229 | 272 |
Net PPE | - | 579 | - | - | 490 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 437 | 433 | 391 |
Goodwill | 0.1% | 1,056 | 1,055 | 695 | 695 | 696 | 698 | 694 | 369 | 369 | 369 | 369 | 369 | 369 | 369 | 369 | 369 | 369 | 369 | 369 | 358 | 360 |
Liabilities | -10.4% | 3,028 | 3,378 | 3,234 | 3,276 | 2,816 | 2,875 | 2,861 | 2,287 | 2,221 | 1,594 | 1,548 | 1,579 | 1,581 | 1,546 | 1,571 | 1,543 | 1,535 | 1,540 | 1,307 | 1,220 | 1,268 |
Current Liabilities | -51.8% | 318 | 658 | 594 | 634 | 769 | 814 | 803 | 717 | 661 | 657 | 612 | 665 | 674 | 647 | 293 | 283 | 287 | 304 | 317 | 294 | 358 |
Short Term Borrowings | - | - | - | - | - | 426 | 421 | 420 | 410 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Long Term Debt | 0.0% | 2,502 | 2,502 | 2,501 | 2,500 | 1,901 | 1,900 | 1,900 | 635 | 1,448 | 810 | 800 | 790 | 779 | 769 | 1,135 | 1,120 | 1,106 | 1,092 | 357 | 352 | 347 |
LT Debt, Current | -100.0% | - | 320 | 316 | 312 | - | - | - | 410 | 406 | 401 | 396 | 391 | 385 | 380 | - | - | - | - | - | - | - |
LT Debt, Non Current | -100.0% | - | 2,502 | 2,501 | 2,500 | 1,901 | 1,900 | 1,900 | 635 | 1,448 | 810 | 800 | 790 | 779 | 769 | 1,135 | 1,120 | 1,106 | 1,092 | 357 | 352 | 347 |
Shareholder's Equity | -7.9% | 1,177 | 1,278 | 1,311 | 1,356 | 1,538 | 1,544 | 1,526 | 1,875 | 1,912 | 2,022 | 1,971 | 1,973 | 2,165 | 1,922 | 1,816 | 1,749 | 1,734 | 1,682 | 1,561 | 1,497 | 8.00 |
Retained Earnings | -25.0% | -634 | -507 | -408 | -340 | -140 | -101 | -69.60 | -129 | -60.50 | 238 | 211 | 221 | 440 | 215 | 132 | 65.00 | 69.00 | 26.00 | 177 | 129 | 155 |
Additional Paid-In Capital | 1.5% | 1,802 | 1,776 | 1,714 | 1,692 | 1,671 | 1,641 | 1,596 | 1,577 | 1,974 | 1,778 | 1,752 | 1,744 | 1,719 | 1,701 | 1,678 | 1,677 | 1,659 | 1,649 | 1,377 | 1,361 | 1,341 |
Shares Outstanding | 0.3% | 68.00 | 67.00 | 67.00 | 66.00 | 69.00 | 68.00 | 68.00 | 68.00 | 71.00 | 72.00 | 73.00 | 75.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | 1,949 | - | - | - | 4,648 | - | - | - | 5,246 | - | - | - | 3,735 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -366.7% | -7,000 | -1,500 | -2,300 | 49,200 | 14,900 | 94,900 | 20,800 | 114,300 | 76,600 | 206,500 | 61,900 | 124,200 | 381,300 | 128,500 | 104,700 | 122,700 | 151,800 | 162,300 | 87,500 | 127,700 | 42,800 |
Share Based Compensation | -8.7% | 31,600 | 34,600 | 32,100 | 32,100 | 33,100 | 36,600 | 46,600 | 27,700 | 23,300 | 27,300 | 24,800 | 24,200 | 25,100 | 24,100 | 19,500 | 17,100 | 19,200 | 20,200 | 16,700 | 14,200 | 16,000 |
Cashflow From Investing | 173.5% | 290,300 | -394,900 | 17,800 | -70,900 | -52,000 | -104,500 | -646,600 | 142,700 | -23,200 | -228,900 | -116,900 | 197,300 | -7,300 | -75,000 | -114,000 | -509,800 | -535,700 | 36,100 | 21,700 | -54,400 | -52,900 |
Cashflow From Financing | -8090.2% | -327,600 | 4,100 | -12,900 | 331,500 | -5,800 | -3,600 | -59,100 | -97,100 | 524,900 | -36,600 | -108,300 | -234,900 | -7,600 | -1,700 | -19,200 | -3,700 | -12,300 | 347,600 | -2,800 | 1,000 | -2,900 |
Buy Backs | - | - | - | - | 139,800 | - | 10,100 | 25,700 | 96,800 | 324,000 | 29,900 | 91,700 | 236,000 | - | - | - | - | - | 200,000 | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Mar. 30, 2024 | Apr. 01, 2023 | Mar. 30, 2024 | Apr. 01, 2023 | |
Income Statement [Abstract] | ||||
Net revenue | $ 366.5 | $ 383.4 | $ 1,050.9 | $ 1,396.2 |
Cost of sales | 284.7 | 252.7 | 788.9 | 850.4 |
Amortization of acquired developed intangibles | 22.3 | 18.7 | 61.8 | 66.4 |
Gross profit | 59.5 | 112.0 | 200.2 | 479.4 |
Operating expenses: | ||||
Research and development | 77.2 | 85.4 | 229.0 | 233.9 |
Selling, general and administrative | 77.7 | 76.4 | 235.8 | 280.5 |
Restructuring and related charges | 19.2 | 1.6 | 36.0 | 24.8 |
Total operating expenses | 174.1 | 163.4 | 500.8 | 539.2 |
Loss from operations | (114.6) | (51.4) | (300.6) | (59.8) |
Interest expense | (9.0) | (8.7) | (28.4) | (26.1) |
Other income, net | 16.2 | 11.4 | 50.8 | 28.9 |
Loss before income taxes | (107.4) | (48.7) | (278.2) | (57.0) |
Income tax provision (benefit) | 19.6 | (9.4) | 15.8 | 14.4 |
Net loss | $ (127.0) | $ (39.3) | $ (294.0) | $ (71.4) |
Net loss per share: | ||||
Basic (in usd per share) | $ (1.88) | $ (0.57) | $ (4.38) | $ (1.05) |
Diluted (in usd per share) | $ (1.88) | $ (0.57) | $ (4.38) | $ (1.05) |
Shares used to compute net loss per share: | ||||
Basic (in shares) | 67.5 | 68.6 | 67.1 | 68.3 |
Diluted (in shares) | 67.5 | 68.6 | 67.1 | 68.3 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Mar. 30, 2024 | Jul. 01, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 425.0 | $ 859.0 |
Short-term investments | 445.9 | 1,154.6 |
Accounts receivable, net | 229.8 | 246.1 |
Inventories | 420.7 | 408.6 |
Prepayments and other current assets | 128.6 | 109.6 |
Total current assets | 1,650.0 | 2,777.9 |
Property, plant and equipment, net | 578.7 | 489.5 |
Operating lease right-of-use assets, net | 76.7 | 77.3 |
Goodwill | 1,055.9 | 695.1 |
Other intangible assets, net | 688.5 | 459.2 |
Deferred tax asset | 139.2 | 116.3 |
Other non-current assets | 15.5 | 16.8 |
Total assets | 4,204.5 | 4,632.1 |
Current liabilities: | ||
Accounts payable | 133.4 | 169.4 |
Accrued payroll and related expenses | 40.4 | 39.4 |
Accrued expenses | 61.7 | 51.2 |
Convertible notes, current | 0.0 | 311.6 |
Operating lease liabilities, current | 13.8 | 14.4 |
Other current liabilities | 68.3 | 47.8 |
Total current liabilities | 317.6 | 633.8 |
Convertible notes, non-current | 2,502.4 | 2,500.0 |
Operating lease liabilities, non-current | 47.3 | 47.7 |
Deferred tax liability | 61.7 | 3.4 |
Other non-current liabilities | 98.8 | 91.4 |
Total liabilities | 3,027.8 | 3,276.3 |
Commitments and contingencies (Note 14) | ||
Stockholders’ equity: | ||
Common stock, $0.001 par value, 990 authorized shares, 67.6 and 66.4 shares issued and outstanding as of March 30, 2024 and July 1, 2023, respectively | 0.1 | 0.1 |
Additional paid-in capital | 1,802.4 | 1,692.2 |
Accumulated deficit | (634.6) | (340.6) |
Accumulated other comprehensive income | 8.8 | 4.1 |
Total stockholders’ equity | 1,176.7 | 1,355.8 |
Total liabilities and stockholders’ equity | $ 4,204.5 | $ 4,632.1 |
 | Mr. Alan S. Lowe |
---|---|
 | lumentum.com |
 | Computer Hardware |
 | 7500 |