Lumentum Holdings Inc. (NASDAQ:LITE)was up as one of several
telecommunications stocks trading up after the weekend trade truce between the
U.S. and China.
The insider ownership percentage is the key indicator,
can be used by investors, to measure the outlook of senior management has on
their company. Insider ownership for the LITE is 0.80%. Institutional ownership
refers to the ownership stake in a company that is held by large financial
organizations, pension funds or endowments. The Institutional ownership for the
LITE is 96.60%.
Insider trading is the buying or selling of any publicly traded company’s stock
and this can be done by someone who has non-public, material information about
that LITE. Insider trading can be illegal or legal depending on when the
insider makes the trade. It is illegal when the material information is still
non-public. The insider transactions of the company (6-month change in insider
ownerships) for the Lumentum Holdings Inc. (NASDAQ:LITE) is -2.70%.
Institutional ownership is the amount of a Lumentum Holdings Inc.
(NASDAQ:LITE)’s available stock owned by mutual or pension funds, insurance
companies, investment firms, private foundations, endowments or other large
entities that actually manage the funds on the behalf of others, so its an
interesting element for the traders to note it, and the Institutional ownership
for the LITE is 11.83%.
U.S traded Lumentum Holdings Inc. (NASDAQ:LITE) stock climbs 1.87% on Friday
and when day-trade ended the stock finally concluded at $53.41 and number of
shares that changed hands during the day are 4.23 Million. The number of shares
LITE stock currently held by all its shareholders are 76.20 and floated shares,
the number of shares are available for trading in an open market on last
trading day are 75.92. The average volume of shares for 3 months is 1589.95 and
LITE stock value has moved between $37.09 – 70.28 in last one year.
The Lumentum Holdings Inc. (NASDAQ:LITE) reported its last earnings on date
8/6/2019. The Gross margin is the difference between the revenue and the cost
of goods sold (COGS), divided by revenue. In other words, Gross Margin is a
percentage value, while Gross Profit is a monetary value. The valuable gross
margin for Lumentum Holdings Inc. (NASDAQ:LITE) is 29.70% and the profit margin
is 1.40% and the stock has gained 27.14% in 2019 to date.
U.S. traded shares of Lumentum Holdings Inc. (NASDAQ:LITE)’s monthly stock
performance is 26.77%, the quarterly performance is -5.54%, the half year
performance is calculated as 31.33%. The yearly performance of LITE is -4.54%.
The higher the volatility, the riskier the security. For example, when the
stock market rises and falls more than one percent over a sustained period of
time, it is called a “volatile” market, if the stock price stays
relatively stable, the security has low volatility. The Lumentum Holdings Inc.
(NASDAQ:LITE) weekly volatility is measured as 4.38% and monthly volatility
measured as 3.72%.
Return on assets (ROA) is a main indicator of how profitable a company is
relative to its total assets. LITE return on assets is 0.90%, the return on equity
(ROE) of the Lumentum Holdings Inc. (NASDAQ:LITE) is 1.60%, while the most
important return on investment is calculates as a percentage and is typically
used for personal financial decisions, and LITE return on investment is 26.70%.
The price to earnings ratio is 117.13, price to sales ratio is 2.78, and price
to book ratio is 2.71, price to cash per share ration is 5.83, price to free
cash flow is 18.63.
Analysts mean target price for Lumentum Holdings Inc. (NASDAQ:LITE) is $65.18
while analysts mean recommendation is 1.70. The current share price indicates
that stock is -23.65% away from its one year high and is moving 44.35% ahead of
its 52-week low. LITE’s distance from 20 day simple moving average is 13.82%
and distance from 50-Day simple moving average is 2.99%.
