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Lumentum Holdings Inc. (NASDAQ:LITE – Get Rating) has received a consensus recommendation of “Hold” from the sixteen ratings firms that are covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year price target among analysts […]
Shares of Lumentum Holdings Inc. (NASDAQ:LITE – Get Rating) have been given an average recommendation of “Hold” by the sixteen research firms that are covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price […]
Cetera Advisor Networks LLC acquired a new position in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Get Rating) during the 1st quarter, Holdings Channel reports. The fund acquired 7,474 shares of the technology company’s stock, valued at approximately $729,000. Other large investors also recently added to or reduced their stakes in the company. Richelieu Gestion […]
Louisiana State Employees Retirement System raised its holdings in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Get Rating) by 1.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,900 shares of the technology company’s stock after buying an additional […]
Lumentum (NASDAQ:LITE – Get Rating) issued an update on its fourth quarter 2022 earnings guidance on Monday morning. The company provided earnings per share guidance of $1.25-$1.40 for the period, compared to the consensus earnings per share estimate of $1.22. The company issued revenue guidance of $405.00 million-$430.00 million, compared to the consensus revenue estimate […]