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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.
ISIN | US55024U1097 |
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Industry | Communication Equipment |
Sector | Technology |
CurrencyCode | USD |
Exchange | NASDAQ |
Dividend Yield | 0.0% |
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Target Price | 61.3 |
PE Ratio | 122.91 |
Market Cap | 3B |
Beta | 1.1 |
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 in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables.It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers, such as argon-ion and helium-neon lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.
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