LITE vs. IRDM, PLXS, SITM, WOLF, HAYW, AI, VSH, DV, SVFCX, and CCOI Should you be buying Lumentum stock or one of its competitors? The main competitors of Lumentum include Iridium Communications (IRDM), Plexus (PLXS), SiTime (SITM), Wolfspeed (WOLF), Hayward (HAYW), C3.ai (AI), Vishay Intertechnology (VSH), DoubleVerify (DV), Smead Value C (SVFCX), and Cogent Communications (CCOI). These companies are all part of the "computer and technology" sector.
Lumentum (NASDAQ:LITE ) and Iridium Communications (NASDAQ:IRDM ) are both mid-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, community ranking, profitability, valuation, risk, earnings, media sentiment and dividends.
Lumentum has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.78, suggesting that its share price is 22% less volatile than the S&P 500.
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.
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.
Lumentum currently has a consensus price target of $52.25, indicating a potential upside of 11.34%. Iridium Communications has a consensus price target of $44.75, indicating a potential upside of 42.33%. Given Iridium Communications' stronger consensus rating and higher possible upside, analysts plainly believe Iridium Communications is more favorable than Lumentum.
In the previous week, Lumentum had 3 more articles in the media than Iridium Communications. MarketBeat recorded 8 mentions for Lumentum and 5 mentions for Iridium Communications. Lumentum's average media sentiment score of 1.21 beat Iridium Communications' score of 1.20 indicating that Lumentum is being referred to more favorably in the media.
94.1% of Lumentum shares are held by institutional investors. Comparatively, 84.4% of Iridium Communications shares are held by institutional investors. 0.6% of Lumentum shares are held by insiders. Comparatively, 2.0% of Iridium Communications shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
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.
Summary Iridium Communications beats Lumentum on 11 of the 19 factors compared between the two stocks.
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 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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