Lumentum Holdings Stock Analysis

Lumentum Stock Analysis Notes

About 99.0% of the company shares are owned by institutional investors. The book value of Lumentum Holdings was now reported as 18.96. The company has Price/Earnings To Growth (PEG) ratio of 0.97. Lumentum Holdings recorded a loss per share of 3.95. The entity had not issued any dividends in recent years. Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California. Lumentum Holdings operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 6815 people. To find out more about Lumentum Holdings contact Alan Lowe at 408 546 5483 or learn more at https://www.lumentum.com.

Lumentum Holdings Investment Alerts

Lumentum Holdings Upcoming and Recent Events

Lumentum Largest EPS Surprises

View All Earnings Estimates

Lumentum Stock Institutional Investors

Note, although Lumentum Holdings' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Lumentum Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.83 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lumentum Holdings's market, we take the total number of its shares issued and multiply it by Lumentum Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Lumentum Profitablity

The company has Profit Margin (PM) of (0.19) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.21) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.21.

Management Efficiency

Lumentum Holdings has return on total asset (ROA) of (0.0296) % which means that it has lost $0.0296 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1889) %, meaning that it created substantial loss on money invested by shareholders. Lumentum Holdings' management efficiency ratios could be used to measure how well Lumentum Holdings manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.17. The current year's Return On Capital Employed is expected to grow to 0.11. At present, Lumentum Holdings' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 20.3 M, whereas Net Tangible Assets are forecasted to decline to about 220.1 M.

Technical Drivers

As of the 24th of April, Lumentum Holdings secures the Mean Deviation of 2.38, risk adjusted performance of (0.04), and Standard Deviation of 3.89. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lumentum Holdings, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Lumentum Holdings, which can be compared to its peers in the industry. Please verify Lumentum Holdings variance and value at risk to decide if Lumentum Holdings is priced some-what accurately, providing market reflects its recent price of 42.06 per share. Given that Lumentum Holdings has information ratio of (0.10), we recommend you to check Lumentum Holdings's last-minute market performance to make sure the company can sustain itself at a future point.

Lumentum Holdings Price Movement Analysis

Lumentum Holdings Insider Trading Activities

Lumentum Holdings Predictive Daily Indicators

Lumentum Holdings Corporate Filings

Lumentum Holdings Forecast Models

Lumentum Holdings' time-series forecasting models are one of many Lumentum Holdings' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Lumentum Holdings' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Lumentum Holdings prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Lumentum shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Lumentum Holdings. By using and applying Lumentum Stock analysis, traders can create a robust methodology for identifying Lumentum entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Lumentum analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Lumentum analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Lumentum Holdings stock analysis indicators help investors evaluate how Lumentum Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Lumentum Holdings shares will generate the highest return on investment. By understating and applying Lumentum Holdings stock analysis, traders can identify Lumentum Holdings position entry and exit signals to maximize returns.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumentum Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Lumentum Stock refer to our How to Trade Lumentum Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

When running Lumentum Holdings' price analysis, check to measure Lumentum Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lumentum Holdings is operating at the current time. Most of Lumentum Holdings' value examination focuses on studying past and present price action to predict the probability of Lumentum Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumentum Holdings' price. Additionally, you may evaluate how the addition of Lumentum Holdings to your portfolios can decrease your overall portfolio volatility.

Is Lumentum Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lumentum Holdings. If investors know Lumentum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lumentum Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Lumentum Holdings is measured differently than its book value, which is the value of Lumentum that is recorded on the company's balance sheet. Investors also form their own opinion of Lumentum Holdings' value that differs from its market value or its book value, called intrinsic value, which is Lumentum Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lumentum Holdings' market value can be influenced by many factors that don't directly affect Lumentum Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Lumentum Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lumentum Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lumentum Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.