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Lumentum (LITE)

(Real Time Quote from BATS)

$41.76 USD

41.76
967,271

-0.68 (-1.60%)

Updated Apr 19, 2024 03:59 PM ET

After-Market: $41.75 -0.01 (-0.02%) 4:14 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 Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

Zacks Rank Education - Learn about the Zacks Rank

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 1% (248 out of 250)

Industry: Lasers Systems and Components

Better trading starts here.

Zacks News

Is Invesco Russell 1000 Equal Weight ETF (EQAL) a Strong ETF Right Now?

Smart Beta ETF report for EQAL

Lumentum (LITE) Tops Q2 Earnings and Revenue Estimates

Lumentum (LITE) delivered earnings and revenue surprises of 3.23% and 0.92%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Is Invesco Russell 1000 Equal Weight ETF (EQAL) a Strong ETF Right Now?

Smart Beta ETF report for EQAL

Zacks Industry Outlook Highlights IPG Photonics and Lumentum

IPG Photonics and Lumentum have been highlighted in this Industry Outlook article.

Aniruddha Ganguly headshot

2 Laser Systems Stocks to Watch in a Challenging Industry

The Zacks Laser Systems and Components industry participants like IPG Photonics (IPGP) and Lumentum (LITE) gain from solid demand for emerging applications like autonomous driving, IoT, 5G and healthcare amid challenging macroeconomic conditions.

The Trade Desk (TTD) to Report Q3 Earnings: What's in Store?

The Trade Desk's (TTD) third-quarter performance is likely to have benefited from the growing CTV momentum and the increasing adoption of Unified ID 2.0.

Lumentum (LITE) Reports Q4 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Lumentum (LITE) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Lumentum (LITE) Beats Q4 Earnings and Revenue Estimates

Lumentum (LITE) delivered earnings and revenue surprises of 5.36% and 0.72%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Iridex (IRIX) Reports Q2 Loss, Misses Revenue Estimates

Iridex (IRIX) delivered earnings and revenue surprises of -54.55% and 9.66%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Analysts Estimate Lumentum (LITE) to Report a Decline in Earnings: What to Look Out for

Lumentum (LITE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cutera (CUTR) Reports Q2 Loss, Misses Revenue Estimates

Cutera (CUTR) delivered earnings and revenue surprises of -25.45% and 6.58%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

IPG Photonics (IPGP) Beats Q2 Earnings Estimates

IPG (IPGP) delivered earnings and revenue surprises of 5.65% and 1.04%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Company News for May 10, 2023

Companies in The News Are: DUK,LITE,ATKR,BLUE

Lumentum (LITE) Q3 Earnings and Revenues Lag Estimates

Lumentum (LITE) delivered earnings and revenue surprises of -9.64% and 2.46%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Lumentum (LITE) Q3 Earnings Expected to Decline

Lumentum (LITE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Industry Outlook Highlights IPG Photonics and Lumentum

IPG Photonics and Lumentum have been highlighted in this Industry Outlook article.

Aniruddha Ganguly headshot

2 Laser Stocks to Watch in a Challenging Industry

The Zacks Laser Systems and Components industry participants like IPG Photonics (IPGP) and Lumentum (LITE) gain from solid demand for emerging applications like autonomous driving, IoT and 5G amid supply-chain disruptions.

Is Lumentum (LITE) a Great Stock for Value Investors?

Is Lumentum (LITE) a great pick from the value investor's perspective right now? Read on to know more.

Lumentum (LITE) Tops Q2 Earnings Estimates

Lumentum (LITE) delivered earnings and revenue surprises of 14.29% and 0.03%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

IPG Photonics (IPGP) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

IPG (IPGP) 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) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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.

Is Atlassian (TEAM) Q2 Earnings Likely to Beat Estimates?

Atlassian's (TEAM) Q2 results are likely to reflect the benefits of the increased demand for its solutions amid accelerated digital transformation and cloud adoptions.

Avnet (AVT) to Report Q2 Earnings: What's in the Offing?

Avnet's (AVT) fiscal Q2 results are likely to witness growing demand for its electronic components. However, inflation and supply-chain challenges might have hurt sales & earnings growth.

Why Lumentum (LITE) is Poised to Beat Earnings Estimates Again

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.