CRNT
Price
$4.39
Change
+$0.09 (+2.09%)
Updated
Dec 20, 04:59 PM (EDT)
50 days until earnings call
LITE
Price
$85.08
Change
+$1.52 (+1.82%)
Updated
Dec 20 closing price
45 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$4.39
Change+$0.09 (+2.09%)
Volume$6.34K
CapitalizationN/A
Lumentum Holdings
Price$85.08
Change+$1.52 (+1.82%)
Volume$2.13M
CapitalizationN/A
CRNT vs LITE Comparison Chart
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CRNT
Daily Signalchanged days ago
Gain/Loss if bought
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LITE
Daily Signalchanged days ago
Gain/Loss if bought
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CRNT vs. LITE commentary
Dec 23, 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 Hold and LITE is a Hold.

COMPARISON
Comparison
Dec 23, 2024
Stock price -- (CRNT: $4.39 vs. LITE: $85.08)
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: 76% vs. LITE: 113%
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 $4.98B.

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 7 TA indicator(s) are bullish while LITE’s TA Score has 4 bullish TA indicator(s).

  • CRNT’s TA Score: 7 bullish, 4 bearish.
  • LITE’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, CRNT is a better buy in the short-term than LITE.

Price Growth

CRNT (@Telecommunications Equipment) experienced а -8.35% price change this week, while LITE (@Telecommunications Equipment) price change was -8.44% for the same time period.

The average weekly price growth across all stocks in the @Telecommunications Equipment industry was -3.45%. For the same industry, the average monthly price growth was +6.93%, and the average quarterly price growth was +26.54%.

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 (-3.45% 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). CRNT YTD gains are higher at: 103.241 vs. LITE (62.304). 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 YTD103.24162.304166%
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
8450
VALUATION
overvalued / fair valued / undervalued
1..100
58
Fair valued
84
Overvalued
PROFIT vs RISK RATING
1..100
5480
SMR RATING
1..100
5997
PRICE GROWTH RATING
1..100
3537
P/E GROWTH RATING
1..100
954
SEASONALITY SCORE
1..100
n/a75

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 (58) in the Telecommunications Equipment industry is in the same range as LITE (84). This means that CRNT’s stock grew similarly to LITE’s over the last 12 months.

CRNT's Profit vs Risk Rating (54) in the Telecommunications Equipment industry is in the same range as LITE (80). This means that CRNT’s stock grew similarly to LITE’s over the last 12 months.

CRNT's SMR Rating (59) in the Telecommunications Equipment industry is somewhat better than the same rating for LITE (97). This means that CRNT’s stock grew somewhat faster than LITE’s over the last 12 months.

CRNT's Price Growth Rating (35) in the Telecommunications Equipment industry is in the same range as LITE (37). This means that CRNT’s stock grew similarly to LITE’s over the last 12 months.

LITE's P/E Growth Rating (4) in the Telecommunications Equipment industry is significantly better than the same rating for CRNT (95). This means that LITE’s stock grew significantly faster than CRNT’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CRNTLITE
RSI
ODDS (%)
Bearish Trend 3 days ago
79%
Bearish Trend 3 days ago
87%
Stochastic
ODDS (%)
Bullish Trend 3 days ago
73%
Bullish Trend 3 days ago
69%
Momentum
ODDS (%)
Bullish Trend 3 days ago
74%
Bearish Trend 3 days ago
74%
MACD
ODDS (%)
Bearish Trend 3 days ago
77%
Bearish Trend 3 days ago
63%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
80%
Bearish Trend 3 days ago
73%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
81%
Bullish Trend 3 days ago
71%
Advances
ODDS (%)
Bullish Trend 14 days ago
77%
Bullish Trend 3 days ago
72%
Declines
ODDS (%)
Bearish Trend 4 days ago
81%
Bearish Trend 5 days ago
73%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
75%
Bullish Trend 3 days ago
75%
Aroon
ODDS (%)
Bullish Trend 3 days ago
84%
Bullish Trend 3 days ago
61%
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CRNT
Daily Signalchanged days ago
Gain/Loss if bought
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LITE
Daily Signalchanged days ago
Gain/Loss if bought
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CRNT and

Correlation & Price change

A.I.dvisor indicates that over the last year, CRNT has been loosely correlated with AUDC. These tickers have moved in lockstep 37% of the time. This A.I.-generated data suggests there is some statistical probability that if CRNT jumps, then AUDC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CRNT
1D Price
Change %
CRNT100%
+2.09%
AUDC - CRNT
37%
Loosely correlated
+3.54%
KN - CRNT
31%
Poorly correlated
-0.72%
AVNW - CRNT
29%
Poorly correlated
+0.96%
CRDO - CRNT
27%
Poorly correlated
+2.19%
LITE - CRNT
26%
Poorly correlated
+1.82%
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