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1 Comment
Lumentum Holdings Inc is currently in a long term downtrend where the price is trading 4.4% below its 200 day moving average.
From a valuation standpoint, the stock is 83.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 4.3.
Lumentum Holdings Inc's total revenue rose by 4.4% to $478M since the same quarter in the previous year.
Its net income has increased by 69.0% to $83M since the same quarter in the previous year.
Finally, its free cash flow grew by 34.0% to $183M since the same quarter in the previous year.
Based on the above factors, Lumentum Holdings Inc gets an overall score of 4/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US55024U1097 |
Sector | Technology |
Industry | Communication Equipment |
Beta | 1.15 |
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Market Cap | 4B |
PE Ratio | None |
Target Price | 86.0625 |
Dividend Yield | None |
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Cloud & Networking and Industrial Tech. The Cloud & Networking segment offers components, modules, and subsystems to support the high-speed transmission of data over high-capacity fiber optic links in cloud data center, AI/ML, enterprise and communications services networking applications that enable the transmission and transport of data, video, and audio over high-capacity fiber-optic cables. It offers high-speed transceivers, reconfigurable optical add/drop multiplexers, coherent dense wavelength division multiplexing pluggable transceivers, and tunable small form-factor pluggable transceivers. We also sell laser chips for use in high-speed datacom transceivers and data interconnection solutions. The Industrial Tech segment offers solid-state lasers, kilowatt-class fiber lasers, ultrafast lasers, diode lasers, and gas lasers, as well as laser diode products. It serves to customers in semiconductor device, solar cell, display, electric vehicle, and battery manufacturing markets, as well as broader materials processing and precision micromachining end-markets. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.
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