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Lumentum (LITE)

(Delayed Data from NSDQ)

$43.42 USD

43.42
705,150

+1.41 (3.36%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $43.40 -0.02 (-0.05%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value D Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 1% (251 out of 252)

Industry: Lasers Systems and Components

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Balance Sheet

Research for LITE

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Lumentum Holdings Inc falls in the month of June.

All items in Millions except Per Share data.

6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Assets          
Cash & Equivalents 2,014 2,549 1,946 1,554 769
Receivables 246 262 213 234 238
Notes Receivable 0 0 0 0 0
Inventories 409 250 196 189 229
Other Current Assets 110 78 82 74 98
Total Current Assets 2,778 3,139 2,437 2,050 1,333
Net Property & Equipment 490 361 361 393 433
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 116 27 73 81 170
Intangibles 1,154 525 610 686 764
Deposits & Other Assets 17 37 3 4 17
Total Assets 4,632 4,162 3,552 3,293 2,717
Liabilities & Shareholders Equity 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 169 157 117 151 161
Current Portion Long-Term Debt 312 410 391 0 5
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 91 99 87 77 89
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 48 39 58 44 39
Total Current Liabilities 634 717 665 283 294
Mortgages 0 0 0 0 0
Deferred Taxes/Income 3 13 36 47 56
Convertible Debt 2,500 1,466 790 1,120 352
Long-Term Debt 0 0 0 0 484
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 91 43 41 36 34
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,276 2,287 1,579 1,543 1,220
Shareholders Equity 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,692 2,004 1,744 1,677 1,361
Retained Earnings -341 -129 221 65 129
Other Equity 4 0 8 8 7
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 1,356 1,875 1,973 1,749 1,497
Total Liabilities & Shareholder's Equity 4,632 4,162 3,552 3,293 2,717
Total Common Equity 1,356 1,875 1,973 1,749 1,497
Shares Outstanding 68.70 69.00 75.90 74.90 76.40
Book Value Per Share 19.74 27.17 25.99 23.35 19.60

Fiscal Year End for Lumentum Holdings Inc falls in the month of June.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,224 1,944 2,014 1,667
Receivables NA 248 220 246 278
Notes Receivable NA 0 0 0 0
Inventories NA 472 428 409 410
Other Current Assets NA 118 99 110 108
Total Current Assets NA 2,062 2,692 2,778 2,464
Net Property & Equipment NA 582 512 490 483
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 130 128 116 116
Intangibles NA 1,785 1,130 1,154 1,195
Deposits & Other Assets NA 15 15 17 15
Total Assets NA 4,656 4,545 4,632 4,354
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 163 135 169 199
Current Portion Long-Term Debt NA 320 316 312 426
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 116 100 91 101
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 45 31 48 29
Total Current Liabilities NA 658 594 634 769
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 68 13 3 18
Convertible Debt NA 2,502 2,501 2,500 0
Long-Term Debt NA 0 0 0 1,901
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 86 91 76
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 3,378 3,234 3,276 2,816
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,776 1,714 1,692 1,671
Retained Earnings NA -508 -409 -341 -141
Other Equity NA 9 5 4 7
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 1,278 1,311 1,356 1,538
Total Liabilities & Shareholder's Equity NA 4,656 4,545 4,632 4,354
Total Common Equity 0 1,278 1,311 1,356 1,538
Shares Outstanding 67.40 67.00 67.00 68.70 68.50
Book Value Per Share 0.00 19.07 19.56 19.74 22.45