S&P 500   3,948.72
DOW   32,105.25
QQQ   309.75
Why Wall Street Loves These 3 Penny Stocks
Modern Day Options Trading For Beginners! (Ad)pixel
3 Leading Dividend Stocks Expected To Grow Earnings
Chewy Stock Is Setting Up For Long-Term Profitable Growth 
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
Low Volume Bunge Plunge Presents an Opportunity
Modern Day Options Trading For Beginners! (Ad)pixel
KB Home Strong Results Lift Prices
Carvana May Be Able To Reach Profitability This Year
S&P 500   3,948.72
DOW   32,105.25
QQQ   309.75
Why Wall Street Loves These 3 Penny Stocks
Modern Day Options Trading For Beginners! (Ad)pixel
3 Leading Dividend Stocks Expected To Grow Earnings
Chewy Stock Is Setting Up For Long-Term Profitable Growth 
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
Low Volume Bunge Plunge Presents an Opportunity
Modern Day Options Trading For Beginners! (Ad)pixel
KB Home Strong Results Lift Prices
Carvana May Be Able To Reach Profitability This Year
S&P 500   3,948.72
DOW   32,105.25
QQQ   309.75
Why Wall Street Loves These 3 Penny Stocks
Modern Day Options Trading For Beginners! (Ad)pixel
3 Leading Dividend Stocks Expected To Grow Earnings
Chewy Stock Is Setting Up For Long-Term Profitable Growth 
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
Low Volume Bunge Plunge Presents an Opportunity
Modern Day Options Trading For Beginners! (Ad)pixel
KB Home Strong Results Lift Prices
Carvana May Be Able To Reach Profitability This Year
S&P 500   3,948.72
DOW   32,105.25
QQQ   309.75
Why Wall Street Loves These 3 Penny Stocks
Modern Day Options Trading For Beginners! (Ad)pixel
3 Leading Dividend Stocks Expected To Grow Earnings
Chewy Stock Is Setting Up For Long-Term Profitable Growth 
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
Low Volume Bunge Plunge Presents an Opportunity
Modern Day Options Trading For Beginners! (Ad)pixel
KB Home Strong Results Lift Prices
Carvana May Be Able To Reach Profitability This Year
NASDAQ:LITE

Lumentum - LITE Competitors

$51.47
+0.61 (+1.20%)
(As of 03/23/2023 12:00 AM ET)
Add
Compare
Today's Range
$50.71
$52.52
50-Day Range
$49.97
$62.36
52-Week Range
$48.73
$100.22
Volume
803,423 shs
Average Volume
1.33 million shs
Market Capitalization
$3.53 billion
P/E Ratio
139.11
Dividend Yield
N/A
Price Target
$68.43

LITE vs. IRDM, ZD, EVH, CWAN, PI, BMI, SPT, AEIS, CALX, and DAVA

Should you be buying Lumentum stock or one of its competitors? The main competitors of Lumentum include Iridium Communications (IRDM), Ziff Davis (ZD), Evolent Health (EVH), Clearwater Analytics (CWAN), Impinj (PI), Badger Meter (BMI), Sprout Social (SPT), Advanced Energy Industries (AEIS), Calix (CALX), and Endava (DAVA). These companies are all part of the "computer and technology" sector.

Lumentum vs.

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

Iridium Communications has a beta of 1.11, meaning that its stock price is 11% more volatile than the S&P 500. Comparatively, Lumentum has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500.

In the previous week, Iridium Communications had 1 more articles in the media than Lumentum. MarketBeat recorded 2 mentions for Iridium Communications and 1 mentions for Lumentum. Lumentum's average media sentiment score of 0.32 beat Iridium Communications' score of 0.00 indicating that Lumentum is being referred to more favorably in the news media.

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

Lumentum received 400 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 73.69% of users gave Lumentum an outperform vote while only 59.10% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
Iridium CommunicationsOutperform Votes
471
59.10%
Underperform Votes
326
40.90%
LumentumOutperform Votes
871
73.69%
Underperform Votes
311
26.31%

Lumentum has higher revenue and earnings than Iridium Communications. 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
Iridium Communications$721.03 million10.48$8.72 million$0.07852.71
Lumentum$1.83 billion1.93$198.90 million$0.37139.11

Iridium Communications currently has a consensus target price of $63.75, indicating a potential upside of 6.80%. Lumentum has a consensus target price of $68.43, indicating a potential upside of 32.95%. Given Lumentum's higher probable upside, analysts plainly believe Lumentum is more favorable than Iridium Communications.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Iridium Communications
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.00
Lumentum
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54

83.8% of Iridium Communications shares are owned by institutional investors. Comparatively, 92.5% of Lumentum shares are owned by institutional investors. 2.5% of Iridium Communications shares are owned by insiders. Comparatively, 0.5% of Lumentum shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Lumentum has a net margin of 1.56% compared to Iridium Communications' net margin of 1.21%. Lumentum's return on equity of 17.77% beat Iridium Communications' return on equity.

Company Net Margins Return on Equity Return on Assets
Iridium Communications 1.21% 0.75% 0.29%
Lumentum 1.56% 17.77% 7.13%

Summary

Lumentum beats Iridium Communications on 12 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$3.48B$734.56M$13.43B$5.87B
Dividend YieldN/A2.24%4.27%4.45%
P/E Ratio139.1154.51388.0915.58
Price / Sales1.9374.54977.2166.39
Price / Cash5.9017.5824.96101.17
Price / Book1.891.998.444.95
Net Income$198.90M$6.00M$535.10M$190.96M
7 Day Performance3.00%3.96%0.84%0.21%
1 Month Performance-4.38%-7.51%-3.59%-6.24%
1 Year Performance-47.40%-13.75%-13.09%-19.14%

Lumentum Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
1.5196 of 5 stars
$59.39
-2.5%
$63.75
+7.3%
+50.8%$7.48B$721.03M848.55537
ZD
Ziff Davis
2.163 of 5 stars
$73.79
-2.4%
$98.80
+33.9%
-26.2%$3.49B$1.39B59.034,400Positive News
EVH
Evolent Health
2.4111 of 5 stars
$30.99
-1.6%
$47.70
+53.9%
-3.8%$3.44B$1.35B-154.945,100
CWAN
Clearwater Analytics
2.0809 of 5 stars
$14.65
-0.3%
$20.67
+41.1%
-30.7%$3.53B$303.43M-366.251,728
PI
Impinj
2.248 of 5 stars
$131.21
-3.7%
$129.75
-1.1%
+105.5%$3.43B$257.80M-136.68332Gap Up
BMI
Badger Meter
1.8516 of 5 stars
$116.19
-0.8%
$86.50
-25.6%
+18.3%$3.43B$565.57M51.191,976
SPT
Sprout Social
1.807 of 5 stars
$62.27
-4.6%
$69.67
+11.9%
-19.1%$3.43B$253.83M-67.681,141
AEIS
Advanced Energy Industries
2.4616 of 5 stars
$96.18
-1.0%
$104.43
+8.6%
+12.0%$3.60B$1.85B18.1812,000Analyst Downgrade
News Coverage
CALX
Calix
2.8458 of 5 stars
$50.84
-4.0%
$80.22
+57.8%
+19.4%$3.36B$867.83M86.171,426
DAVA
Endava
2.5042 of 5 stars
$63.70
-3.6%
$101.44
+59.3%
-50.1%$3.62B$871.63M31.5311,853
This page (NASDAQ:LITE) was last updated on 3/24/2023 by MarketBeat.com Staff