LITE vs. IRDM, ESE, NSSC, NPTN, PWFL, AAOI, HEAR, ITI, REKR, and INSG
Should you be buying Lumentum stock or one of its competitors? The main competitors of Lumentum include Iridium Communications (IRDM), ESCO Technologies (ESE), Napco Security Technologies (NSSC), NeoPhotonics (NPTN), PowerFleet (PWFL), Applied Optoelectronics (AAOI), Turtle Beach (HEAR), Iteris (ITI), Rekor Systems (REKR), and Inseego (INSG).
Iridium Communications (NASDAQ:IRDM) and Lumentum (NASDAQ:LITE) are both mid-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, community ranking, valuation, analyst recommendations, risk, media sentiment, institutional ownership, earnings and profitability.
Iridium Communications has higher earnings, but lower revenue 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.
Iridium Communications presently has a consensus target price of $44.75, indicating a potential upside of 59.88%. Lumentum has a consensus target price of $52.25, indicating a potential upside of 14.11%. Given Lumentum's stronger consensus rating and higher probable upside, equities research analysts clearly believe Iridium Communications is more favorable than Lumentum.
In the previous week, Iridium Communications had 5 more articles in the media than Lumentum. MarketBeat recorded 7 mentions for Iridium Communications and 2 mentions for Lumentum. Iridium Communications' average media sentiment score of 1.35 beat Lumentum's score of 0.90 indicating that Lumentum is being referred to more favorably in the news media.
Iridium Communications has a beta of 0.68, indicating that its stock price is 32% less volatile than the S&P 500. Comparatively, Lumentum has a beta of 0.95, indicating that its stock price is 5% less volatile than the S&P 500.
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.
Iridium Communications has a net margin of 3.20% compared to Iridium Communications' net margin of -24.91%. Lumentum's return on equity of 2.76% beat Iridium Communications' return on equity.
84.4% of Iridium Communications shares are owned by institutional investors. Comparatively, 94.1% of Lumentum shares are owned by institutional investors. 2.0% of Iridium Communications shares are owned by company insiders. Comparatively, 0.6% of Lumentum shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Summary
Iridium Communications beats Lumentum on 12 of the 19 factors compared between the two stocks.
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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.
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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