Lumentum Announces Fiscal First Quarter 2025 Financial Results
| LITE Stock | USD 77.95 0.19 0.24% |
About 54% of Lumentum Holdings' investor base is interested to short. The analysis of overall sentiment of trading Lumentum Holdings stock suggests that many investors are impartial at this time. The current market sentiment, together with Lumentum Holdings' historical and current headlines, can help investors time the market. In addition, many technical investors use Lumentum Holdings stock news signals to limit their universe of possible portfolio assets.
Lumentum Holdings Inc. today reported results for its fiscal first quarter ended September 28, 2024. In the first quart
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Lumentum Holdings Fundamental Analysis
We analyze Lumentum Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lumentum Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lumentum Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Asset
Current Asset Comparative Analysis
Lumentum Holdings is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Lumentum Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Lumentum Holdings stock to make a market-neutral strategy. Peer analysis of Lumentum Holdings could also be used in its relative valuation, which is a method of valuing Lumentum Holdings by comparing valuation metrics with similar companies.
Peers
Lumentum Holdings Related Equities
| NTGR | NETGEAR | 3.54 | ||||
| CIEN | Ciena Corp | 1.80 | ||||
| HPE | Hewlett Packard | 0.74 | ||||
| GILT | Gilat Satellite | 0.15 | ||||
| CLFD | Clearfield | 0.31 | ||||
| MSI | Motorola Solutions | 0.33 | ||||
| JNPR | Juniper Networks | 0.58 | ||||
| ADTN | ADTRAN | 0.73 | ||||
| EXTR | Extreme Networks | 0.73 | ||||
| TSAT | Telesat Corp | 1.06 | ||||
| KVHI | KVH Industries | 1.52 |
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