Market Mover Lumentum Holdings Inc. (NASDAQ:LITE)

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Lumentum Holdings Inc. (NASDAQ:LITE) closed its last session at $40.32 with the change of +1.13%. The market capitalization of the company is $2.42B with an average Volume of 978.1 thousand shares. The stock currently has its 52-Week High range of $41.18 and 52-week low range of $13.97. The Price to Book (P/B) ratio stands at 4.78. The stock traded total quantity of 1.04 million shares.

Currently Lumentum Holdings Inc. (LITE) captured an average recommendation of “ Overweight ” from analysts, according to FactSet data. The stock has been suggested as “Buy” from “9″ Analysts”. “2” rated “Sell” for the company. “2” said the company as a “Hold”. Overweight rating was given by “1” and Underweight rating was given by “0”.

Analysts are expecting that the company to achieve $37.73 Price Target in next 52-weeks, average price is come up through the consensus of analysts. High potential price target is set at $50.00 however minimum price target advised by analysts is $27.00. The Median price target for the stock is measured at $38.00.

Presently, Analysts decided consensus EPS estimate of $0.44 for present quarter and one month ago projected EPS estimate was at $0.44. If we take a look at back 3 month ago, consensus EPS estimate was $0.39.

A current consensus EPS estimate for next quarter is at $0.49 and 3 month ago EPS forecast was $0.43. Have a look at back 1 month ago, consensus EPS forecast was seen at $0.48.

For current fiscal year, most recent EPS estimate is set at $1.85 based on Analyst consensus and three month ago consensus EPS opinions was at $1.59. During period one month ago, consensus EPS forecast was decided at $1.84.

A current consensus EPS projection for next fiscal year is observed at $2.14 and one month ago consensus EPS forecast was at $2.14. Take a look at back three month ago, consensus EPS estimate opinions was decided at $1.93 by analysts.

One Month ago, the stock has gained consensus mean rating of Overweight based on the analysis of brokerage analyst firms polled. 9 presented the recommendations about the stock as a “Buy” signal and “Overweight” signal was reported by 1. 2 advised the “Hold” rating about this stock. 2 revealed “Sell” signal and “Underweight” rating was declared by 0.

Three Months Ago, Analysts recommended an average brokerage rating of Overweight derived from brokerage firms, according to FactSet. 9 said a “Buy Rating” and 1 announced “Overweight Rating”. 3 advised “Hold Rating” regarding the stock. 1 announced “Sell Rating” and 0 disclosed “Underweight Rating”.

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