Free Trial

Lumentum (LITE) Competitors

$46.79
+1.32 (+2.90%)
(As of 11:19 AM ET)

LITE vs. IRDM, ESE, NSSC, NPTN, PWFL, AAOI, HEAR, ITI, REKR, and INSG

Should you be buying Lumentum stock or one of its competitors? The main competitors of Lumentum include Iridium Communications (IRDM), ESCO Technologies (ESE), Napco Security Technologies (NSSC), NeoPhotonics (NPTN), PowerFleet (PWFL), Applied Optoelectronics (AAOI), Turtle Beach (HEAR), Iteris (ITI), Rekor Systems (REKR), and Inseego (INSG).

Lumentum vs.

Lumentum (NASDAQ:LITE) and Iridium Communications (NASDAQ:IRDM) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their community ranking, valuation, earnings, dividends, institutional ownership, profitability, analyst recommendations, risk and media sentiment.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lumentum$1.77B1.74-$131.60M-$5.25-8.66
Iridium Communications$789.30M4.33$15.41M$0.21134.10

Lumentum received 408 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 71.91% of users gave Lumentum an outperform vote while only 58.76% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
LumentumOutperform Votes
891
71.91%
Underperform Votes
348
28.09%
Iridium CommunicationsOutperform Votes
483
58.76%
Underperform Votes
339
41.24%

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 1.44 beat Iridium Communications' score of 0.82 indicating that Lumentum is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Lumentum
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Iridium Communications
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Iridium Communications has a net margin of 3.20% compared to Lumentum's net margin of -24.91%. Iridium Communications' return on equity of 2.76% beat Lumentum's return on equity.

Company Net Margins Return on Equity Return on Assets
Lumentum-24.91% -1.72% -0.49%
Iridium Communications 3.20%2.76%0.93%

Lumentum currently has a consensus price target of $52.25, suggesting a potential upside of 14.91%. Iridium Communications has a consensus price target of $44.75, suggesting a potential upside of 58.91%. Given Iridium Communications' stronger consensus rating and higher probable upside, analysts clearly believe Iridium Communications is more favorable than Lumentum.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lumentum
2 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.42
Iridium Communications
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.80

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 stock is poised for long-term growth.

Lumentum has a beta of 0.95, indicating that its share price is 5% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.68, indicating that its share price is 32% less volatile than the S&P 500.

Summary

Iridium Communications beats Lumentum on 11 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

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 Chart

Media Sentiment Over Time

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.
Skip Chart

LITE vs. The Competition

MetricLumentumCommunications equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$3.18B$694.78M$19.15B$7.61B
Dividend YieldN/A1.66%2.71%4.06%
P/E Ratio-8.6622.71238.8916.62
Price / Sales1.7474.03539.5672.07
Price / Cash6.8323.0329.8229.53
Price / Book2.302.466.624.27
Net Income-$131.60M-$4.77M$623.14M$215.78M
7 Day Performance0.15%-0.70%-0.07%-0.99%
1 Month Performance3.84%-5.14%1.06%0.33%
1 Year Performance-14.67%-10.60%12.13%3.78%

Lumentum Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.4092 of 5 stars
$27.99
-2.1%
$44.75
+59.9%
-55.4%$3.40B$790.72M133.29760
ESE
ESCO Technologies
2.1246 of 5 stars
$106.02
-1.2%
$120.00
+13.2%
+9.0%$2.73B$956.03M27.833,195Positive News
NSSC
Napco Security Technologies
2.9305 of 5 stars
$50.22
-1.9%
$49.43
-1.6%
+31.6%$1.85B$170M39.861,150Positive News
Gap Up
NPTN
NeoPhotonics
0 of 5 stars
$16.01
flat
N/AN/A$859.56M$290.29M-123.151,157
PWFL
PowerFleet
4.7703 of 5 stars
$4.59
-3.0%
$8.43
+83.6%
+35.5%$492.74M$133.59M-14.81780Upcoming Earnings
Gap Up
AAOI
Applied Optoelectronics
1.5935 of 5 stars
$10.55
+1.6%
$15.00
+42.2%
+216.8%$410.48M$217.65M-5.802,149Analyst Upgrade
News Coverage
HEAR
Turtle Beach
3.5694 of 5 stars
$15.43
+0.7%
$23.50
+52.4%
+40.3%$331.99M$258.12M-23.37252Positive News
ITI
Iteris
3.7589 of 5 stars
$4.40
-1.8%
$9.75
+121.6%
-7.6%$188.80M$156.05M73.33450Upcoming Earnings
Short Interest ↓
News Coverage
Gap Up
REKR
Rekor Systems
1.2041 of 5 stars
$1.59
-0.6%
$3.88
+143.7%
-14.3%$135.72M$34.93M-2.18347
INSG
Inseego
2.9681 of 5 stars
$7.86
-8.0%
$11.00
+39.9%
-8.2%$93.40M$195.69M-1.91331Gap Down

Related Companies and Tools

This page (NASDAQ:LITE) was last updated on 6/12/2024 by MarketBeat.com Staff

From Our Partners