LITE vs. IRDM, HAYW, DOCN, QTWO, CCOI, SPT, USM, PYCR, RPD, and PLXS
Should you be buying Lumentum stock or one of its competitors? The main competitors of Lumentum include Iridium Communications (IRDM), Hayward (HAYW), DigitalOcean (DOCN), Q2 (QTWO), Cogent Communications (CCOI), Sprout Social (SPT), United States Cellular (USM), Paycor HCM (PYCR), Rapid7 (RPD), and Plexus (PLXS). 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 superior investment? We will compare the two businesses based on the strength of their media sentiment, valuation, earnings, profitability, community ranking, dividends, risk, analyst recommendations and institutional ownership.
Lumentum received 407 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 71.89% of users gave Lumentum an outperform vote while only 58.76% of users gave Iridium Communications an outperform vote.
Lumentum presently has a consensus price target of $52.08, suggesting a potential upside of 21.42%. Iridium Communications has a consensus price target of $44.75, suggesting a potential upside of 49.62%. Given Iridium Communications' stronger consensus rating and higher probable upside, analysts plainly believe Iridium Communications is more favorable than Lumentum.
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.
In the previous week, Lumentum had 25 more articles in the media than Iridium Communications. MarketBeat recorded 27 mentions for Lumentum and 2 mentions for Iridium Communications. Iridium Communications' average media sentiment score of 1.43 beat Lumentum's score of 0.46 indicating that Iridium Communications is being referred to more favorably in the news media.
Lumentum has a beta of 1.09, meaning that its stock price is 9% more volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.78, meaning that its stock price is 22% less volatile than the S&P 500.
94.1% of Lumentum shares are held by institutional investors. Comparatively, 84.4% of Iridium Communications shares are held by institutional investors. 0.6% of Lumentum shares are held by insiders. Comparatively, 2.0% of Iridium Communications shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Iridium Communications has a net margin of 3.20% compared to Lumentum's net margin of -18.52%. Iridium Communications' return on equity of 2.76% beat Lumentum's return on equity.
Summary
Iridium Communications beats Lumentum on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding LITE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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