IRDM vs. LITE, BOX, POWI, CAMT, TDC, ACIW, CWAN, IPGP, SLAB, and TSEM
Should you be buying Iridium Communications stock or one of its competitors? The main competitors of Iridium Communications include Lumentum (LITE), BOX (BOX), Power Integrations (POWI), Camtek (CAMT), Teradata (TDC), ACI Worldwide (ACIW), Clearwater Analytics (CWAN), IPG Photonics (IPGP), Silicon Laboratories (SLAB), and Tower Semiconductor (TSEM). These companies are all part of the "computer and technology" sector.
Lumentum (NASDAQ:LITE) and Iridium Communications (NASDAQ:IRDM) are both mid-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, dividends, analyst recommendations, community ranking, risk, valuation, profitability, institutional ownership and earnings.
In the previous week, Lumentum and Lumentum both had 7 articles in the media. Iridium Communications' average media sentiment score of 0.62 beat Lumentum's score of 0.62 indicating that Lumentum is being referred to more favorably in the media.
Lumentum currently has a consensus target price of $52.69, suggesting a potential upside of 17.77%. Iridium Communications has a consensus target price of $44.75, suggesting a potential upside of 47.59%. Given Lumentum's stronger consensus rating and higher possible upside, analysts plainly believe Iridium Communications is more favorable than Lumentum.
Lumentum has a beta of 1.09, meaning that its share price is 9% more volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.78, meaning that its share price is 22% less volatile than the S&P 500.
Iridium Communications has a net margin of 3.20% compared to Iridium Communications' net margin of -18.52%. Lumentum's return on equity of 2.76% beat Iridium Communications' return on equity.
94.1% of Lumentum shares are owned by institutional investors. Comparatively, 84.4% of Iridium Communications shares are owned by institutional investors. 0.6% of Lumentum shares are owned by insiders. Comparatively, 2.0% of Iridium Communications shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Iridium Communications has lower revenue, but higher earnings than Lumentum. Lumentum is trading at a lower price-to-earnings ratio than Iridium Communications, indicating that it is currently the more affordable of the two stocks.
Lumentum received 407 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 72.06% of users gave Lumentum an outperform vote while only 58.76% of users gave Iridium Communications an outperform vote.
Summary
Iridium Communications beats Lumentum on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding IRDM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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