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).
Lumentum (NASDAQ:LITE) and Iridium Communications (NASDAQ:IRDM) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, dividends, valuation, profitability, risk, community ranking, analyst recommendations, media sentiment and institutional ownership.
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.
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.
In the previous week, Lumentum and Lumentum both had 3 articles in the media. Lumentum's average media sentiment score of 0.99 beat Iridium Communications' score of 0.85 indicating that Lumentum is being referred to more favorably in the media.
94.1% of Lumentum shares are owned by institutional investors. Comparatively, 84.4% of Iridium Communications shares are owned by institutional investors. 0.6% of Lumentum shares are owned by company insiders. Comparatively, 2.0% of Iridium Communications shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
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 presently has a consensus target price of $52.25, indicating a potential upside of 20.11%. Iridium Communications has a consensus target price of $44.75, indicating a potential upside of 48.62%. Given Iridium Communications' stronger consensus rating and higher probable upside, analysts plainly believe Iridium Communications is more favorable than Lumentum.
Lumentum has a beta of 1.09, meaning that its share price is 9% more volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.78, meaning that its share price is 22% less volatile than the S&P 500.
Summary
Iridium Communications beats Lumentum on 11 of the 18 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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