Stock Rating Upgrade
Of late the Value Trend Rating for Lumentum Holdings Inc (NASDAQ: LITE) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Lumentum Holdings Inc (NASDAQ: LITE) stock closed at $63.59 on 4/1/25 after a large increase of 2.0%. Moreover, this advance was accompanied by above average trading volume at 128% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -13.6% during the last week.
Current PriceTarget Research Rating
Lumentum Holdings has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Lumentum Holdings has a poor Appreciation Score of 26 but a very high Power Rating of 98, with the Positive Value Trend Rating the result.
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