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%.