LITE
Lumentum Holdings Inc. · Technology · Communication Equipment
$1,085.42
+3.79% today · +15.27% 1W
Oct 2 close or latest
PreviewWhy it's moving
Analyst target raises behind the outperformance
- LITE +3.79% on the last session vs SPY +0.74%: +3.1 pts of stock-specific move.
- Aftermath, 52-week high (Oct 2): After its 12 new 52-week highs in the past 5 years, LITE typically gained 16.9% over the next month (median) and was higher 83% of the time; half the outcomes fell between +4.3% and +24.6%. An ordinary month: +2.7%. Among S&P 500 stocks after new 52-week highs, that ranks #93 of 480.
- 2 analyst actions in the past 10 days (1 positive, 0 negative); latest: Citigroup maintained Buy, raised target $1,200 → $1,400.
- 7 insider or congressional trades in the past 30 days.
- Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.
Assembled from Wallsti's own signals.
LITE against the S&P 500 components
| Window | Rank of 500 | Position | Gain | SPY gain |
|---|---|---|---|---|
| 1 day | #18 | +3.79% | +0.74% | |
| 1 week | #2 | +15.27% | -0.22% | |
| 1 month | #14 | +24.68% | +0.84% | |
| 3 months | #8 | +49.03% | +3.59% | |
| 6 months | #72 | +31.27% | +17.95% | |
| 1 year | #3 | +539.42% | +16.25% | |
| Overall | #5 | sum of the six window ranks, ranked again | ||
R500 ranks the stock's gain over each window against the S&P 500 components over the same window (#1 = best). Near-real-time during market hours.
Fundamentals Communication Equipment
| Metric | Value | Rank in S&P 500 | Rank in industry |
|---|---|---|---|
| Targeted Gain Median | 0.08 | #432 | #5 |
| fPE/tPE | #1 | #1 | |
| PE/G | 0.63 | #56 | #3 |
| EV/Revenue | 31.95 | #4 | #1 |
| Gross Margin | 0.44 | #255 | #4 |
| Profit Margin | -2.30 | #476 | #6 |
| Revenue Growth | 1.09 | #6 | #1 |