Analysis Lumentum Holdings Inc (LITE)
5/29/2024
Analysis of Lumentum Holdings Inc (LITE)
Lumentum Holdings Inc. (LITE) has shown some fluctuations in its stock price over the past few days. On May 28, the closing price was $44.88, slightly lower than the opening price of $46.60. The Relative Strength Index (RSI) indicates a neutral sentiment at 49.37, and the Moving Average Convergence Divergence (MACD) shows a positive trend with the indicator at 0.38.Looking at the trend over the past few days, there seems to be some volatility in the stock price, with fluctuations in the MACD histogram. The stock has been trading around the 45-47 range, with RSI values indicating a neutral to slightly bullish sentiment.
Overall, Lumentum Holdings Inc. appears to be experiencing some price fluctuations, but the MACD and RSI indicators suggest a relatively stable trend. It would be important to monitor the stock closely for any significant changes in the coming days.
Revenue estimate
Based on the analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company, with slightly higher growth expected in the next fiscal year compared to the current one.
Growth estimates
Based on the consensus estimates provided, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.6%.
2. Next Quarter: The estimated growth rate for the next quarter is 4.8%.
3. Current Year: The estimated growth rate for the current year is 7.5%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average growth rate for the past 5 years is 20.1% per annum.
6. Next 5 Years (per annum): The estimated growth rate for the next 5 years is 11% per annum.
These estimates suggest that the company has been experiencing strong growth in the past, but analysts expect the growth rate to moderate slightly in the coming years, although it is still projected to be positive.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, it appears that the analysts are generally optimistic about the future price of the security, with a median forecast of $200. However, there is a wide range of estimates, from a low of $164 to a high of $250. The current price of the security is $191.57, which is below both the median and average forecasted prices.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous results were reported on February 27, 2025, by the Transfer Agent. Before that, on January 31, 2025, the results were released after hours. The results from October 31, 2024, were not provided at the time. On August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits for a specific company.In terms of financials, the company has strong operating cash flow and levered free cash flow, with a positive profit margin and operating margin. The balance sheet shows a healthy current ratio, but a relatively high total debt to equity ratio. The company has a good return on assets and return on equity.
The stock statistics indicate a moderate short ratio and short percent of shares outstanding. The company has a significant percentage held by institutions and a small percentage held by insiders.
Valuation metrics show a relatively high PEG ratio and forward PE ratio. The company has a high market capitalization and enterprise value, with relatively high price to book and price to sales ratios.
The stock price summary includes beta, moving averages, and the 52-week low and high prices. The dividends and splits data show dividend information, including payout ratio, dividend dates, and dividend yields.
Overall, the company's financials and stock statistics suggest a stable financial position, while valuation metrics and stock price summary provide insights into the company's market performance.
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. The gross profit margin has been fluctuating, with the highest in 2023 at $169.1 billion and the lowest in 2020 at $105 billion.
3. Operating income has also shown an increasing trend, reaching $114.3 billion in 2023 from $66.3 billion in 2020.
4. Net income has been on the rise, with the company making $99.8 billion in 2022 and $96.9 billion in 2023.
5. Earnings per share (EPS) have been relatively stable, with slight fluctuations over the years.
6. The company has been able to maintain a healthy EBITDA margin, with the highest at $129.2 billion in 2023.
7. Despite fluctuations in other income and expenses, the company has been able to generate consistent net income from continuous operations.
8. The company has been managing its operating expenses effectively, with a slight increase over the years but not at a disproportionate rate compared to the revenue growth.
Balance Sheet
These are balance sheets. Here are the conclusions based on the data provided:1. The total assets have been increasing over the years, reaching the highest value of $365,725,000,000 in 2018.
2. Current assets fluctuate from year to year, with the highest value recorded in 2019 at $162,819,000,000.
3. Non-current assets have also been increasing steadily, with the highest value of $234,386,000,000 in 2018.
4. Total liabilities have been increasing over the years, reaching the highest value of $290,437,000,000 in 2023.
5. Shareholders' equity has been fluctuating, with the highest value of $107,147,000,000 recorded in 2018.
6. The company seems to be investing more in non-current assets and accumulating more liabilities over the years.
Cash Flow 💶
This is a cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. Operating cash flow has been relatively stable over the years, indicating consistent operational performance.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, reaching its highest value in 2020.
5. Financing activities show significant variability, with large amounts being spent on common stock repurchase and debt issuance/payments.
6. Investing activities also vary, with significant amounts being spent on the sale and purchase of investments, as well as capital expenditures.
7. Overall, the company's financial activities show a mix of stability in operations and variability in financing and investing decisions.
Earnings estimate
The analysts' estimates for future quarterly and annual earnings per share are as follows:1. Current Quarter (as of June 30, 2024):
- Average Estimate: $1.33
- Low Estimate: $1.27
- High Estimate: $1.36
- Year Ago EPS: $1.26
- Number of Analysts: 26
2. Next Quarter (as of September 30, 2024):
- Average Estimate: $1.53
- Low Estimate: $1.44
- High Estimate: $1.63
- Year Ago EPS: $1.46
- Number of Analysts: 25
3. Current Year (as of September 30, 2024):
- Average Estimate: $6.59
- Low Estimate: $6.43
- High Estimate: $6.92
- Year Ago EPS: $6.13
- Number of Analysts: 39
4. Next Year (as of September 30, 2025):
- Average Estimate: $7.23
- Low Estimate: $6.40
- High Estimate: $7.90
- Year Ago EPS: $6.59
- Number of Analysts: 39
Based on these estimates, we can see a generally positive trend in the expected earnings per share for both the upcoming quarters and the next two fiscal years. The average estimates show growth compared to the year-ago EPS figures, indicating optimism among analysts regarding the company's performance.
MACD of LITE
This is not investment advice. Remember to verify the information provided here.
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