Lumentum (LITE) Competitors

ASE Technology (NYSE:ASX) and Lumentum (NASDAQ:LITE) are both computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, community ranking, valuation, profitability, dividends, risk, media sentiment and institutional ownership.

Is ASX or LITE more profitable?

ASE Technology has a net margin of 5.44% compared to Lumentum's net margin of -36.98%. ASE Technology's return on equity of 9.86% beat Lumentum's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
ASE Technology	5.44%	9.86%	4.59%
Lumentum	-36.98%	-7.25%	-1.76%

Do insiders and institutionals have more ownership in ASX or LITE?

6.8% of ASE Technology shares are held by institutional investors. Comparatively, 94.1% of Lumentum shares are held by institutional investors. 22.9% of ASE Technology shares are held by company insiders. Comparatively, 0.2% of Lumentum shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Does the media prefer ASX or LITE?

In the previous week, Lumentum had 36 more articles in the media than ASE Technology. MarketBeat recorded 40 mentions for Lumentum and 4 mentions for ASE Technology. ASE Technology's average media sentiment score of 1.36 beat Lumentum's score of 0.62 indicating that ASE Technology is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
ASE Technology	1 Very Positive mention(s)	0 Positive mention(s)	3 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Lumentum	14 Very Positive mention(s)	0 Positive mention(s)	14 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Which has more volatility and risk, ASX or LITE?

ASE Technology has a beta of 1.23, indicating that its share price is 23% more volatile than the S&P 500. Comparatively, Lumentum has a beta of 1.28, indicating that its share price is 28% more volatile than the S&P 500.

Does the MarketBeat Community believe in ASX or LITE?

Lumentum received 546 more outperform votes than ASE Technology when rated by MarketBeat users. Likewise, 71.58% of users gave Lumentum an outperform vote while only 64.27% of users gave ASE Technology an outperform vote.

Company	Underperform	Outperform
ASE Technology	Outperform Votes 376 64.27%	Underperform Votes 209 35.73%
Lumentum	Outperform Votes 922 71.58%	Underperform Votes 366 28.42%

Do analysts recommend ASX or LITE?

Lumentum has a consensus price target of $82.80, indicating a potential upside of 2.65%. Given Lumentum's higher possible upside, analysts clearly believe Lumentum is more favorable than ASE Technology.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ASE Technology	0 Sell rating(s)	0 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	3.00
Lumentum	1 Sell rating(s)	3 Hold rating(s)	10 Buy rating(s)	2 Strong Buy rating(s)	2.81

Which has stronger earnings & valuation, ASX or LITE?

ASE Technology has higher revenue and earnings than Lumentum. Lumentum is trading at a lower price-to-earnings ratio than ASE Technology, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
ASE Technology	$610.76B	0.04	$1.01B	$0.47	21.43
Lumentum	$1.47B	3.80	-$546.50M	-$6.45	-12.51

Summary

ASE Technology beats Lumentum on 10 of the 19 factors compared between the two stocks.