Lumentum (LITE)
(Delayed Data from NSDQ)
$44.74 USD
+0.45 (1.02%)
Updated May 3, 2024 04:00 PM ET
After-Market: $44.73 -0.01 (-0.02%) 7:58 PM ET
4-Sell of 5 4
D Value D Growth D Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
LITE 44.74 +0.45(1.02%)
Will LITE be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for LITE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for LITE
Analysts Estimate Lumentum (LITE) to Report a Decline in Earnings: What to Look Out for
Is Invesco Russell 1000 Equal Weight ETF (EQAL) a Strong ETF Right Now?
LITE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Should Invesco Russell 1000 Equal Weight ETF (EQAL) Be on Your Investing Radar?
Lumentum (LITE) Tops Q2 Earnings and Revenue Estimates
Is Invesco Russell 1000 Equal Weight ETF (EQAL) a Strong ETF Right Now?
Other News for LITE
Craig-Hallum Reaffirms Their Buy Rating on Lumentum Holdings (LITE)
Spotlite360 Delays Annual Financial Report
SpotLite360 Delays Annual Financial Filing
Warning: LITE is at high risk of performing badly
F5, Inc.: Why I'm Still Sitting On The Sidelines (Q2 Earnings Preview)