IRDM vs. LITE, EVH, AEIS, TSEM, SANM, NCNO, CAMT, PI, ACIW, and TDC
Should you be buying Iridium Communications stock or one of its competitors? The main competitors of Iridium Communications include Lumentum (LITE), Evolent Health (EVH), Advanced Energy Industries (AEIS), Tower Semiconductor (TSEM), Sanmina (SANM), nCino (NCNO), Camtek (CAMT), Impinj (PI), ACI Worldwide (ACIW), and Teradata (TDC). 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 compare the two companies based on the strength of their risk, analyst recommendations, community ranking, institutional ownership, earnings, valuation, dividends, profitability and media sentiment.
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.
Lumentum has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.85, indicating that its stock price is 15% less volatile than the S&P 500.
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.
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.
Lumentum currently has a consensus target price of $52.69, suggesting a potential upside of 21.35%. Iridium Communications has a consensus target price of $44.75, suggesting a potential upside of 42.65%. Given Lumentum's stronger consensus rating and higher possible upside, analysts clearly believe Iridium Communications is more favorable than Lumentum.
In the previous week, Iridium Communications had 18 more articles in the media than Lumentum. MarketBeat recorded 23 mentions for Iridium Communications and 5 mentions for Lumentum. Iridium Communications' average media sentiment score of 1.02 beat Lumentum's score of 0.37 indicating that Lumentum is being referred to more favorably in the media.
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 company insiders. Comparatively, 2.0% of Iridium Communications shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
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 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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