Lumentum (LITE) Competitors $85.08 +1.52 (+1.82%) (As of 12/20/2024 05:31 PM ET) Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends LITE vs. NOK, GFS, HUBB, STM, ASX, UI, ALAB, UMC, FLEX, and CRDOShould you be buying Lumentum stock or one of its competitors? The main competitors of Lumentum include Nokia Oyj (NOK), GlobalFoundries (GFS), Hubbell (HUBB), STMicroelectronics (STM), ASE Technology (ASX), Ubiquiti (UI), Astera Labs (ALAB), United Microelectronics (UMC), Flex (FLEX), and Credo Technology Group (CRDO). These companies are all part of the "electronic equipment" industry. Lumentum vs. Nokia Oyj GlobalFoundries Hubbell STMicroelectronics ASE Technology Ubiquiti Astera Labs United Microelectronics Flex Credo Technology Group Lumentum (NASDAQ:LITE) and Nokia Oyj (NYSE:NOK) are both computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, community ranking, risk, earnings, analyst recommendations, institutional ownership, valuation and media sentiment. Do analysts rate LITE or NOK? Lumentum currently has a consensus price target of $75.38, suggesting a potential downside of 11.40%. Nokia Oyj has a consensus price target of $6.43, suggesting a potential upside of 45.03%. Given Nokia Oyj's stronger consensus rating and higher probable upside, analysts clearly believe Nokia Oyj 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) 8 Buy rating(s) 0 Strong Buy rating(s) 2.46Nokia Oyj 1 Sell rating(s) 1 Hold rating(s) 3 Buy rating(s) 1 Strong Buy rating(s) 2.67 Does the media prefer LITE or NOK? In the previous week, Nokia Oyj had 9 more articles in the media than Lumentum. MarketBeat recorded 17 mentions for Nokia Oyj and 8 mentions for Lumentum. Lumentum's average media sentiment score of 0.95 beat Nokia Oyj's score of 0.37 indicating that Lumentum is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Lumentum 4 Very Positive mention(s) 0 Positive mention(s) 3 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Nokia Oyj 4 Very Positive mention(s) 1 Positive mention(s) 12 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Neutral Do insiders and institutionals hold more shares of LITE or NOK? 94.1% of Lumentum shares are held by institutional investors. Comparatively, 5.3% of Nokia Oyj shares are held by institutional investors. 0.2% of Lumentum shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term. Does the MarketBeat Community believe in LITE or NOK? Nokia Oyj received 92 more outperform votes than Lumentum when rated by MarketBeat users. However, 71.64% of users gave Lumentum an outperform vote while only 61.13% of users gave Nokia Oyj an outperform vote. CompanyUnderperformOutperformLumentumOutperform Votes90271.64% Underperform Votes35728.36% Nokia OyjOutperform Votes99461.13% Underperform Votes63238.87% Which has more volatility & risk, LITE or NOK? Lumentum has a beta of 0.95, suggesting that its stock price is 5% less volatile than the S&P 500. Comparatively, Nokia Oyj has a beta of 1.08, suggesting that its stock price is 8% more volatile than the S&P 500. Which has higher earnings and valuation, LITE or NOK? Nokia Oyj has higher revenue and earnings than Lumentum. Lumentum is trading at a lower price-to-earnings ratio than Nokia Oyj, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioLumentum$1.38B4.24-$546.50M-$8.28-10.28Nokia Oyj$19.77B1.22$719.73M$0.0855.38 Is LITE or NOK more profitable? Nokia Oyj has a net margin of 2.18% compared to Lumentum's net margin of -40.70%. Nokia Oyj's return on equity of 8.32% beat Lumentum's return on equity.Company Net Margins Return on Equity Return on Assets Lumentum-40.70% -6.79% -1.75% Nokia Oyj 2.18%8.32%4.44% SummaryNokia Oyj beats Lumentum on 13 of the 19 factors compared between the two stocks. Ad Behind the MarketsWe recommended Palantir in 2021, now we’re recommending this...My research indicates there is only one investment that can meet AI's unprecedented demand for energy.Click to get the name and ticker symbol Get Lumentum News Delivered to You Automatically Sign up to receive the latest news and ratings for LITE and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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 Export to ExcelMetricLumentumCommunications equipment IndustryComputer SectorNASDAQ ExchangeMarket Cap$5.84B$905.71M$25.96B$9.07BDividend YieldN/A1.94%2.78%4.23%P/E Ratio-10.2813.12238.1117.17Price / Sales4.2474.593,339.73116.95Price / Cash23.5616.9235.6937.86Price / Book6.013.198.124.78Net Income-$546.50M-$22.50M$681.16M$225.60M7 Day Performance-8.44%6.09%0.41%-1.23%1 Month Performance-0.63%14.79%7.01%3.36%1 Year Performance65.20%56.05%23.11%16.60% Lumentum Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)LITELumentum3.2295 of 5 stars$85.08+1.8%$75.38-11.4%+70.0%$5.84B$1.38B-10.287,257Analyst ForecastNOKNokia Oyj3.5415 of 5 stars$4.48flat$5.42+20.9%+36.3%$24.43B$19.77B56.0086,689GFSGlobalFoundries3.5599 of 5 stars$44.21+0.8%$50.21+13.6%-28.1%$24.39B$6.77B32.7512,000Positive NewsHUBBHubbell4.1437 of 5 stars$452.43-0.3%$472.13+4.4%+32.9%$24.28B$5.37B32.6818,317STMSTMicroelectronics3.6101 of 5 stars$25.70-2.2%$36.26+41.1%-49.9%$23.22B$17.29B10.5651,323Ex-DividendGap DownASXASE Technology4.6911 of 5 stars$10.33+1.7%N/A+12.8%$22.68B$593.73B22.5892,894Positive NewsUIUbiquiti2.5834 of 5 stars$350.31+1.6%$310.50-11.4%+154.4%$21.18B$1.93B53.391,515Positive NewsALABAstera Labs2.4863 of 5 stars$129.75-1.8%$94.67-27.0%N/A$20.58B$305.71M0.00225Analyst ForecastGap DownUMCUnited Microelectronics2.5679 of 5 stars$6.40+0.2%$7.40+15.6%-16.4%$16.04B$7.25B9.8319,833Positive NewsFLEXFlex3.306 of 5 stars$38.18-0.5%$42.67+11.8%+30.6%$14.81B$25.45B16.98148,000CRDOCredo Technology Group3.0412 of 5 stars$76.18+0.3%$67.33-11.6%+260.8%$12.74B$245.59M-518.47500Analyst ForecastInsider TradeGap Down Related Companies and Tools Related Companies Nokia Oyj Alternatives GlobalFoundries Alternatives Hubbell Alternatives STMicroelectronics Alternatives ASE Technology Alternatives Ubiquiti Alternatives Astera Labs Alternatives United Microelectronics Alternatives Flex Alternatives Credo Technology Group Alternatives Top 10 Stock Comparisons Bank Stocks Artificial Intelligence Stocks Toy Stocks Growth Stocks Airline Stocks Chinese Stocks EV Charging Stocks Defense Stocks Lithium Stocks Pharmaceutical Stocks This page (NASDAQ:LITE) was last updated on 12/21/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. 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