CRNT
Price
$2.42
Change
-$0.06 (-2.42%)
Updated
Nov 4 closing price
8 days until earnings call
LITE
Price
$64.17
Change
-$1.18 (-1.81%)
Updated
Nov 4 closing price
2 days until earnings call
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CRNT vs LITE

Header iconCRNT vs LITE Comparison
Open Charts CRNT vs LITEBanner chart's image
Ceragon Networks
Price$2.42
Change-$0.06 (-2.42%)
Volume$512.79K
CapitalizationN/A
Lumentum Holdings
Price$64.17
Change-$1.18 (-1.81%)
Volume$1.26M
CapitalizationN/A
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CRNT vs LITE Comparison Chart
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CRNT
Daily Signalchanged days ago
Gain/Loss if shorted
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LITE
Daily Signalchanged days ago
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VS
CRNT vs. LITE commentary
Nov 05, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CRNT is a Sell and LITE is a Sell.

COMPARISON
Comparison
Nov 05, 2024
Stock price -- (CRNT: $2.42 vs. LITE: $64.14)
Brand notoriety: CRNT: Not notable vs. LITE: Notable
Both companies represent the Telecommunications Equipment industry
Current volume relative to the 65-day Moving Average: CRNT: 175% vs. LITE: 81%
Market capitalization -- CRNT: $273.78M vs. LITE: $3.19B
CRNT [@Telecommunications Equipment] is valued at $273.78M. LITE’s [@Telecommunications Equipment] market capitalization is $3.19B. The market cap for tickers in the [@Telecommunications Equipment] industry ranges from $202.5B to $0. The average market capitalization across the [@Telecommunications Equipment] industry is $4.87B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CRNT’s FA Score shows that 0 FA rating(s) are green whileLITE’s FA Score has 1 green FA rating(s).

  • CRNT’s FA Score: 0 green, 5 red.
  • LITE’s FA Score: 1 green, 4 red.
According to our system of comparison, LITE is a better buy in the long-term than CRNT.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CRNT’s TA Score shows that 3 TA indicator(s) are bullish while LITE’s TA Score has 3 bullish TA indicator(s).

  • CRNT’s TA Score: 3 bullish, 5 bearish.
  • LITE’s TA Score: 3 bullish, 4 bearish.
According to our system of comparison, LITE is a better buy in the short-term than CRNT.

Price Growth

CRNT (@Telecommunications Equipment) experienced а -6.20% price change this week, while LITE (@Telecommunications Equipment) price change was -1.26% for the same time period.

The average weekly price growth across all stocks in the @Telecommunications Equipment industry was -0.29%. For the same industry, the average monthly price growth was +2.11%, and the average quarterly price growth was +32.37%.

Reported Earning Dates

CRNT is expected to report earnings on Feb 10, 2025.

LITE is expected to report earnings on Feb 06, 2025.

Industries' Descriptions

@Telecommunications Equipment (-0.29% weekly)

The Telecommunications Equipment industry produces voice and data communications equipment, which includes fiber optic delivery products, digital signal processors, high-speed voice, data and video delivery. Additionally, satellite systems, global positioning systems, wireless data systems, personal communications equipment, telephone handsets and payload equipment for satellites also fall into this category. Apple Inc., QUALCOMM Incorporated and Nokia are major global players in this segment.

SUMMARIES
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FUNDAMENTALS
Fundamentals
LITE($3.19B) has a higher market cap than CRNT($274M). LITE has higher P/E ratio than CRNT: LITE (111.11) vs CRNT (43.86). LITE YTD gains are higher at: 22.358 vs. CRNT (12.037). LITE (31M) and CRNT (30.2M) have comparable annual earnings (EBITDA) . LITE has more cash in the bank: 1.22B vs. CRNT (28.2M). CRNT has less debt than LITE: CRNT (50.2M) vs LITE (2.89B). LITE has higher revenues than CRNT: LITE (1.44B) vs CRNT (347M).
CRNTLITECRNT / LITE
Capitalization274M3.19B9%
EBITDA30.2M31M97%
Gain YTD12.03722.35854%
P/E Ratio43.86111.1139%
Revenue347M1.44B24%
Total Cash28.2M1.22B2%
Total Debt50.2M2.89B2%
FUNDAMENTALS RATINGS
CRNT vs LITE: Fundamental Ratings
CRNT
LITE
OUTLOOK RATING
1..100
7263
VALUATION
overvalued / fair valued / undervalued
1..100
54
Fair valued
85
Overvalued
PROFIT vs RISK RATING
1..100
10081
SMR RATING
1..100
7796
PRICE GROWTH RATING
1..100
5838
P/E GROWTH RATING
1..100
945
SEASONALITY SCORE
1..100
5065

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

CRNT's Valuation (54) in the Telecommunications Equipment industry is in the same range as LITE (85). This means that CRNT’s stock grew similarly to LITE’s over the last 12 months.

LITE's Profit vs Risk Rating (81) in the Telecommunications Equipment industry is in the same range as CRNT (100). This means that LITE’s stock grew similarly to CRNT’s over the last 12 months.

CRNT's SMR Rating (77) in the Telecommunications Equipment industry is in the same range as LITE (96). This means that CRNT’s stock grew similarly to LITE’s over the last 12 months.

LITE's Price Growth Rating (38) in the Telecommunications Equipment industry is in the same range as CRNT (58). This means that LITE’s stock grew similarly to CRNT’s over the last 12 months.

LITE's P/E Growth Rating (5) in the Telecommunications Equipment industry is significantly better than the same rating for CRNT (94). This means that LITE’s stock grew significantly faster than CRNT’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CRNTLITE
RSI
ODDS (%)
N/A
Bearish Trend 1 day ago
77%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
73%
Bullish Trend 1 day ago
68%
Momentum
ODDS (%)
Bearish Trend 1 day ago
75%
Bearish Trend 1 day ago
71%
MACD
ODDS (%)
Bearish Trend 1 day ago
80%
Bearish Trend 1 day ago
69%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
80%
Bearish Trend 1 day ago
73%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
77%
Bearish Trend 1 day ago
74%
Advances
ODDS (%)
Bullish Trend 20 days ago
78%
Bullish Trend 7 days ago
73%
Declines
ODDS (%)
Bearish Trend 5 days ago
81%
Bearish Trend 5 days ago
73%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
76%
N/A
Aroon
ODDS (%)
Bearish Trend 1 day ago
81%
Bullish Trend 1 day ago
57%
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CRNT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
LITE
Daily Signalchanged days ago
Gain/Loss if shorted
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CRNT and

Correlation & Price change

A.I.dvisor tells us that CRNT and AUDC have been poorly correlated (+32% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that CRNT and AUDC's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CRNT
1D Price
Change %
CRNT100%
-2.42%
AUDC - CRNT
32%
Poorly correlated
+0.03%
KN - CRNT
31%
Poorly correlated
-0.29%
AVNW - CRNT
29%
Poorly correlated
-0.64%
LITE - CRNT
28%
Poorly correlated
-1.85%
CIEN - CRNT
27%
Poorly correlated
-1.14%
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