LITE vs. IRDM, PLXS, SITM, WOLF, HAYW, AI, VSH, DV, SVFCX, and CCOI
Should you be buying Lumentum stock or one of its competitors? The main competitors of Lumentum include Iridium Communications (IRDM), Plexus (PLXS), SiTime (SITM), Wolfspeed (WOLF), Hayward (HAYW), C3.ai (AI), Vishay Intertechnology (VSH), DoubleVerify (DV), Smead Value C (SVFCX), and Cogent Communications (CCOI). These companies are all part of the "computer and technology" sector.
Iridium Communications (NASDAQ:IRDM) and Lumentum (NASDAQ:LITE) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, valuation, earnings, risk, community ranking, dividends, analyst recommendations, profitability and media sentiment.
In the previous week, Lumentum had 1 more articles in the media than Iridium Communications. MarketBeat recorded 5 mentions for Lumentum and 4 mentions for Iridium Communications. Lumentum's average media sentiment score of 1.20 beat Iridium Communications' score of 1.13 indicating that Iridium Communications is being referred to more favorably in the media.
Iridium Communications presently has a consensus target price of $44.75, indicating a potential upside of 42.15%. Lumentum has a consensus target price of $51.83, indicating a potential upside of 12.56%. Given Lumentum's stronger consensus rating and higher probable upside, analysts clearly believe Iridium Communications is more favorable than Lumentum.
Iridium Communications has a net margin of 3.20% compared to Iridium Communications' net margin of -24.91%. Lumentum's return on equity of 2.76% beat Iridium Communications' return on equity.
84.4% of Iridium Communications shares are owned by institutional investors. Comparatively, 94.1% of Lumentum shares are owned by institutional investors. 2.0% of Iridium Communications shares are owned by insiders. Comparatively, 0.6% of Lumentum shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Iridium Communications has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500. Comparatively, Lumentum has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500.
Iridium Communications has higher earnings, but lower revenue 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, 71.89% 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 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.
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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