HPE
Price
$20.89
Change
-$0.00 (-0.00%)
Updated
Oct 16 closing price
39 days until earnings call
LITE
Price
$68.78
Change
-$0.00 (-0.00%)
Updated
Oct 16 closing price
20 days until earnings call
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HPE vs LITE

Header iconHPE vs LITE Comparison
Open Charts HPE vs LITEBanner chart's image
Hewlett Packard Enterprise
Price$20.89
Change-$0.00 (-0.00%)
Volume$13.6M
CapitalizationN/A
Lumentum Holdings
Price$68.78
Change-$0.00 (-0.00%)
Volume$1.6M
CapitalizationN/A
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HPE vs LITE Comparison Chart
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HPE
Daily Signalchanged days ago
Gain/Loss if shorted
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LITE
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
HPE vs. LITE commentary
Oct 18, 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 HPE is a Buy and LITE is a Hold.

COMPARISON
Comparison
Oct 18, 2024
Stock price -- (HPE: $20.89 vs. LITE: $68.78)
Brand notoriety: HPE and LITE are both notable
Both companies represent the Telecommunications Equipment industry
Current volume relative to the 65-day Moving Average: HPE: 82% vs. LITE: 93%
Market capitalization -- HPE: $23.32B vs. LITE: $3.19B
HPE [@Telecommunications Equipment] is valued at $23.32B. 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).

HPE’s FA Score shows that 3 FA rating(s) are green whileLITE’s FA Score has 1 green FA rating(s).

  • HPE’s FA Score: 3 green, 2 red.
  • LITE’s FA Score: 1 green, 4 red.
According to our system of comparison, HPE is a better buy in the long-term than LITE.

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.

HPE’s TA Score shows that 6 TA indicator(s) are bullish while LITE’s TA Score has 4 bullish TA indicator(s).

  • HPE’s TA Score: 6 bullish, 3 bearish.
  • LITE’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, HPE is a better buy in the short-term than LITE.

Price Growth

HPE (@Telecommunications Equipment) experienced а +0.19% price change this week, while LITE (@Telecommunications Equipment) price change was +1.63% for the same time period.

The average weekly price growth across all stocks in the @Telecommunications Equipment industry was -0.30%. For the same industry, the average monthly price growth was +6.68%, and the average quarterly price growth was +32.31%.

Reported Earning Dates

HPE is expected to report earnings on Nov 26, 2024.

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

Industries' Descriptions

@Telecommunications Equipment (-0.30% 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
HPE($23.3B) has a higher market cap than LITE($3.19B). LITE has higher P/E ratio than HPE: LITE (111.11) vs HPE (12.37). LITE YTD gains are higher at: 31.209 vs. HPE (25.568). HPE has higher annual earnings (EBITDA): 4.93B vs. LITE (31M). HPE has more cash in the bank: 3.76B vs. LITE (1.22B). LITE has less debt than HPE: LITE (2.89B) vs HPE (12.8B). HPE has higher revenues than LITE: HPE (28.1B) vs LITE (1.44B).
HPELITEHPE / LITE
Capitalization23.3B3.19B730%
EBITDA4.93B31M15,887%
Gain YTD25.56831.20982%
P/E Ratio12.37111.1111%
Revenue28.1B1.44B1,953%
Total Cash3.76B1.22B307%
Total Debt12.8B2.89B443%
FUNDAMENTALS RATINGS
HPE vs LITE: Fundamental Ratings
HPE
LITE
OUTLOOK RATING
1..100
2014
VALUATION
overvalued / fair valued / undervalued
1..100
13
Undervalued
85
Overvalued
PROFIT vs RISK RATING
1..100
3077
SMR RATING
1..100
9696
PRICE GROWTH RATING
1..100
1638
P/E GROWTH RATING
1..100
887
SEASONALITY SCORE
1..100
n/a50

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.

HPE's Valuation (13) in the Computer Processing Hardware industry is significantly better than the same rating for LITE (85) in the Telecommunications Equipment industry. This means that HPE’s stock grew significantly faster than LITE’s over the last 12 months.

HPE's Profit vs Risk Rating (30) in the Computer Processing Hardware industry is somewhat better than the same rating for LITE (77) in the Telecommunications Equipment industry. This means that HPE’s stock grew somewhat faster than LITE’s over the last 12 months.

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

HPE's Price Growth Rating (16) in the Computer Processing Hardware industry is in the same range as LITE (38) in the Telecommunications Equipment industry. This means that HPE’s stock grew similarly to LITE’s over the last 12 months.

LITE's P/E Growth Rating (7) in the Telecommunications Equipment industry is significantly better than the same rating for HPE (88) in the Computer Processing Hardware industry. This means that LITE’s stock grew significantly faster than HPE’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
HPELITE
RSI
ODDS (%)
Bearish Trend 2 days ago
41%
Bearish Trend 2 days ago
80%
Stochastic
ODDS (%)
Bearish Trend 2 days ago
63%
Bearish Trend 2 days ago
71%
Momentum
ODDS (%)
Bullish Trend 2 days ago
67%
Bullish Trend 2 days ago
71%
MACD
ODDS (%)
Bullish Trend 2 days ago
76%
Bearish Trend 2 days ago
79%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
66%
Bullish Trend 2 days ago
72%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
67%
Bullish Trend 2 days ago
72%
Advances
ODDS (%)
Bullish Trend 2 days ago
69%
Bullish Trend 4 days ago
73%
Declines
ODDS (%)
Bearish Trend 8 days ago
61%
Bearish Trend 8 days ago
74%
BollingerBands
ODDS (%)
N/A
Bearish Trend 2 days ago
79%
Aroon
ODDS (%)
Bullish Trend 2 days ago
67%
Bullish Trend 2 days ago
64%
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HPE
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
LITE
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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LITE and

Correlation & Price change

A.I.dvisor indicates that over the last year, LITE has been loosely correlated with CIEN. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if LITE jumps, then CIEN could also see price increases.

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Ticker /
NAME
Correlation
To LITE
1D Price
Change %
LITE100%
+3.30%
CIEN - LITE
47%
Loosely correlated
+1.06%
VIAV - LITE
45%
Loosely correlated
+0.54%
ZBRA - LITE
44%
Loosely correlated
+0.05%
COMM - LITE
40%
Loosely correlated
-1.54%
HPE - LITE
39%
Loosely correlated
+0.72%
More