Lumentum Holdings Intrinsic Value Calculator – Pinnacle Associates Ltd. Reduces Stake in Lumentum Holdings
January 6, 2024
🌥️Trending News
Pinnacle Associates Ltd. has recently reduced their stake in Lumentum Holdings ($NASDAQ:LITE) Inc., a technology company that designs, manufactures, and markets optical and photonic products for a wide range of commercial and industrial customers. The company is best known for providing components for 3D sensing, data communications, and laser applications. Lumentum Holdings Inc. has a strong presence in the telecommunications, consumer electronics, enterprise networking, industrial, and medical fields. Lumentum Holdings Inc. is a publicly traded company and is listed on the Nasdaq Global Select Market. It has a strong portfolio of products from its acquisition of Coherent, the global leader in industrial laser systems, which further strengthens Lumentum’s leadership in optical communications.
The company has seen impressive growth in recent years due to the increasing demand for its products in the digital consumer market. While the exact reasons for this move are unknown, it is likely that the company is trying to diversify its investments away from Lumentum Holdings Inc., which may have been affected by the weak global economy. Overall, Lumentum Holdings Inc. remains a strong player in the optical and photonics industry and its products continue to be highly sought after.
Market Price
Lumentum Holdings opened the day at $52.0 and closed at the same amount, a 0.7% drop from its previous close of 52.4. The move by Pinnacle Associates signals a potential shift in investor sentiment towards the company, which produces components and modules for optical and photonic applications and solutions. It remains to be seen how Lumentum Holdings will react to the news and if the market will follow suit in the coming days. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lumentum Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 1.58k | -199.1 | -11.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lumentum Holdings. More…
| Operations | Investing | Financing |
| 156.7 | -209.6 | 309.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lumentum Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.54k | 3.23k | 19.56 |
Key Ratios Snapshot
Some of the financial key ratios for Lumentum Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.1% | 94.6% | -9.7% |
| FCF Margin | ROE | ROA |
| -0.6% | -7.2% | -2.1% |
Analysis – Lumentum Holdings Intrinsic Value Calculator
At GoodWhale, we analyzed the financials of LUMENTUM HOLDINGS and found that the fair value of its share is around $58.5. This value was calculated using our proprietary Valuation Line, which uses a combination of multiples and discounted cash flow analysis. Currently, LUMENTUM HOLDINGS is trading at $52, meaning the stock is undervalued by 11.2%. This could present a good opportunity for investors looking for a bargain, as the company’s fundamentals suggest the true value of the stock is higher than the current market price. More…
Peers
The company’s products are used in a variety of applications, including fiber-optic telecommunications, data communications, industrial lasers, and medical lasers.
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Summary
Pinnacle Associates Ltd. recently reduced its stake in Lumentum Holdings Inc., a provider of optical and photonic products for a variety of commercial and industrial applications. Analysts have noted that the change in stake could be a signal of potential headwinds for the company, or even a precursor to a divestment of its holdings. Investors should take this news into consideration when evaluating Lumentum Holdings Inc. as an investment opportunity. It is important to consider the current financial and operating performance of the company, its competitive position in the market, and the outlook of the industry before making any decisions.
Additionally, investors should watch for further developments on the company’s progress and changes in stake ownership so they can keep abreast of any new information related to their investment.
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