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Lumentum (LITE) Competitors

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$97.45 +3.04 (+3.22%)
Closing price 04:00 PM Eastern
Extended Trading
$97.82 +0.37 (+0.38%)
As of 07:44 PM Eastern
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LITE vs. UI, NOK, GFS, HUBB, ASX, STM, ALAB, FLEX, UMC, and CRDO

Should you be buying Lumentum stock or one of its competitors? The main competitors of Lumentum include Ubiquiti (UI), Nokia Oyj (NOK), GlobalFoundries (GFS), Hubbell (HUBB), ASE Technology (ASX), STMicroelectronics (STM), Astera Labs (ALAB), Flex (FLEX), United Microelectronics (UMC), and Credo Technology Group (CRDO). These companies are all part of the "electronic equipment" industry.

Lumentum vs.

Lumentum (NASDAQ:LITE) and Ubiquiti (NYSE:UI) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their risk, institutional ownership, earnings, community ranking, media sentiment, dividends, valuation, analyst recommendations and profitability.

Lumentum received 859 more outperform votes than Ubiquiti when rated by MarketBeat users. Likewise, 71.69% of users gave Lumentum an outperform vote while only 44.12% of users gave Ubiquiti an outperform vote.

CompanyUnderperformOutperform
LumentumOutperform Votes
904
71.69%
Underperform Votes
357
28.31%
UbiquitiOutperform Votes
45
44.12%
Underperform Votes
57
55.88%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lumentum$1.38B4.86-$546.50M-$8.28-11.77
Ubiquiti$1.93B13.04$349.96M$6.4664.38

Ubiquiti has a net margin of 19.36% compared to Lumentum's net margin of -40.70%. Ubiquiti's return on equity of 532.06% beat Lumentum's return on equity.

Company Net Margins Return on Equity Return on Assets
Lumentum-40.70% -6.79% -1.75%
Ubiquiti 19.36%532.06%32.04%

In the previous week, Lumentum had 12 more articles in the media than Ubiquiti. MarketBeat recorded 20 mentions for Lumentum and 8 mentions for Ubiquiti. Ubiquiti's average media sentiment score of 0.82 beat Lumentum's score of 0.61 indicating that Ubiquiti is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Lumentum
5 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Ubiquiti
3 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Lumentum presently has a consensus target price of $81.92, suggesting a potential downside of 15.93%. Ubiquiti has a consensus target price of $338.00, suggesting a potential downside of 18.73%. Given Lumentum's stronger consensus rating and higher possible upside, analysts plainly believe Lumentum is more favorable than Ubiquiti.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lumentum
1 Sell rating(s)
3 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.62
Ubiquiti
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Lumentum has a beta of 0.94, suggesting that its share price is 6% less volatile than the S&P 500. Comparatively, Ubiquiti has a beta of 1.14, suggesting that its share price is 14% more volatile than the S&P 500.

94.1% of Lumentum shares are owned by institutional investors. Comparatively, 4.0% of Ubiquiti shares are owned by institutional investors. 0.2% of Lumentum shares are owned by insiders. Comparatively, 93.1% of Ubiquiti shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Ubiquiti beats Lumentum on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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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.
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LITE vs. The Competition

MetricLumentumCommunications equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$6.69B$955.69M$26.70B$9.13B
Dividend YieldN/A1.92%2.74%4.00%
P/E Ratio-11.779.75236.3517.53
Price / Sales4.8681.563,630.4380.47
Price / Cash25.2217.5335.9232.90
Price / Book6.883.878.614.69
Net Income-$546.50M-$22.70M$670.02M$224.57M
7 Day Performance14.54%6.44%4.08%3.33%
1 Month Performance14.54%7.26%7.01%5.33%
1 Year Performance81.13%68.06%27.62%22.97%

Lumentum Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LITE
Lumentum
3.4236 of 5 stars
$97.45
+3.2%
$81.92
-15.9%
+75.5%$6.69B$1.38B-11.777,257News Coverage
UI
Ubiquiti
2.6528 of 5 stars
$406.86
-0.9%
$338.00
-16.9%
+224.2%$24.60B$1.93B62.981,515
NOK
Nokia Oyj
3.521 of 5 stars
$4.51
+1.5%
$5.86
+30.1%
+31.3%$24.56B$24.09B56.3186,689Gap Up
GFS
GlobalFoundries
3.6367 of 5 stars
$43.10
+5.3%
$50.21
+16.5%
-27.2%$23.78B$7.39B32.1612,000High Trading Volume
HUBB
Hubbell
3.7967 of 5 stars
$437.52
+0.8%
$471.50
+7.8%
+32.7%$23.48B$5.37B31.5218,317
ASX
ASE Technology
4.3264 of 5 stars
$10.53
+0.1%
N/A+13.5%$23.10B$18.69B23.3992,894Gap Up
STM
STMicroelectronics
4.0267 of 5 stars
$25.43
+3.0%
$34.11
+34.2%
-43.5%$22.97B$17.29B10.4651,323News Coverage
ALAB
Astera Labs
1.8282 of 5 stars
$133.30
+4.2%
$109.75
-17.7%
N/A$21.14B$305.71M0.00225Analyst Downgrade
News Coverage
FLEX
Flex
2.7931 of 5 stars
$42.72
+0.8%
$42.67
-0.1%
+85.9%$16.57B$26.42B18.90148,000News Coverage
UMC
United Microelectronics
2.8274 of 5 stars
$6.27
+1.0%
$7.40
+18.0%
-21.2%$15.72B$7.25B9.6519,833Earnings Report
Analyst Downgrade
News Coverage
CRDO
Credo Technology Group
2.8927 of 5 stars
$80.02
+5.8%
$76.40
-4.5%
+285.1%$13.38B$192.97M-533.47380Short Interest ↑
Gap Up

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This page (NASDAQ:LITE) was last updated on 1/21/2025 by MarketBeat.com Staff
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