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.
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.
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.
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.
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.
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.
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.
Lumentum Competitors List
