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LITE
Price
$81.45
Change
-$3.68 (-4.32%)
Updated
Nov 15 closing price
81 days until earnings call
VIAV
Price
$9.87
Change
-$0.19 (-1.89%)
Updated
Nov 15 closing price
74 days until earnings call
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LITE vs VIAV

Header iconLITE vs VIAV Comparison
Open Charts LITE vs VIAVBanner chart's image
Lumentum Holdings
Price$81.45
Change-$3.68 (-4.32%)
Volume$1.78M
CapitalizationN/A
Viavi Solutions
Price$9.87
Change-$0.19 (-1.89%)
Volume$1.33M
CapitalizationN/A
LITE vs VIAV Comparison Chart
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LITE
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
VIAV
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
LITE vs. VIAV commentary
Nov 17, 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 LITE is a Sell and VIAV is a StrongSell.

COMPARISON
Comparison
Nov 17, 2024
Stock price -- (LITE: $81.45 vs. VIAV: $9.87)
Brand notoriety: LITE: Notable vs. VIAV: Not notable
Both companies represent the Telecommunications Equipment industry
Current volume relative to the 65-day Moving Average: LITE: 102% vs. VIAV: 78%
Market capitalization -- LITE: $3.19B vs. VIAV: $2.02B
LITE [@Telecommunications Equipment] is valued at $3.19B. VIAV’s [@Telecommunications Equipment] market capitalization is $2.02B. 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 $4.92B.

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).

LITE’s FA Score shows that 1 FA rating(s) are green whileVIAV’s FA Score has 1 green FA rating(s).

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

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.

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

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

Price Growth

LITE (@Telecommunications Equipment) experienced а -2.86% price change this week, while VIAV (@Telecommunications Equipment) price change was -6.27% for the same time period.

The average weekly price growth across all stocks in the @Telecommunications Equipment industry was -2.24%. For the same industry, the average monthly price growth was -3.24%, and the average quarterly price growth was +17.96%.

Reported Earning Dates

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

VIAV is expected to report earnings on Jan 30, 2025.

Industries' Descriptions

@Telecommunications Equipment (-2.24% 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 VIAV($2.02B). VIAV has higher P/E ratio than LITE: VIAV (445.00) vs LITE (111.11). LITE YTD gains are higher at: 55.380 vs. VIAV (-1.986). VIAV has higher annual earnings (EBITDA): 127M vs. LITE (31M). LITE has more cash in the bank: 1.22B vs. VIAV (569M). VIAV has less debt than LITE: VIAV (782M) vs LITE (2.89B). LITE has higher revenues than VIAV: LITE (1.44B) vs VIAV (1.01B).
LITEVIAVLITE / VIAV
Capitalization3.19B2.02B158%
EBITDA31M127M24%
Gain YTD55.380-1.986-2,788%
P/E Ratio111.11445.0025%
Revenue1.44B1.01B142%
Total Cash1.22B569M215%
Total Debt2.89B782M369%
FUNDAMENTALS RATINGS
LITE vs VIAV: Fundamental Ratings
LITE
VIAV
OUTLOOK RATING
1..100
4083
VALUATION
overvalued / fair valued / undervalued
1..100
85
Overvalued
96
Overvalued
PROFIT vs RISK RATING
1..100
64100
SMR RATING
1..100
9589
PRICE GROWTH RATING
1..100
3642
P/E GROWTH RATING
1..100
52
SEASONALITY SCORE
1..100
8539

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.

LITE's Valuation (85) in the Telecommunications Equipment industry is in the same range as VIAV (96) in the Electronic Equipment Or Instruments industry. This means that LITE’s stock grew similarly to VIAV’s over the last 12 months.

LITE's Profit vs Risk Rating (64) in the Telecommunications Equipment industry is somewhat better than the same rating for VIAV (100) in the Electronic Equipment Or Instruments industry. This means that LITE’s stock grew somewhat faster than VIAV’s over the last 12 months.

VIAV's SMR Rating (89) in the Electronic Equipment Or Instruments industry is in the same range as LITE (95) in the Telecommunications Equipment industry. This means that VIAV’s stock grew similarly to LITE’s over the last 12 months.

LITE's Price Growth Rating (36) in the Telecommunications Equipment industry is in the same range as VIAV (42) in the Electronic Equipment Or Instruments industry. This means that LITE’s stock grew similarly to VIAV’s over the last 12 months.

VIAV's P/E Growth Rating (2) in the Electronic Equipment Or Instruments industry is in the same range as LITE (5) in the Telecommunications Equipment industry. This means that VIAV’s stock grew similarly to LITE’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
LITEVIAV
RSI
ODDS (%)
Bearish Trend 3 days ago
88%
Bearish Trend 3 days ago
62%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
69%
Bearish Trend 3 days ago
66%
Momentum
ODDS (%)
Bullish Trend 3 days ago
73%
Bullish Trend 3 days ago
65%
MACD
ODDS (%)
Bullish Trend 3 days ago
74%
Bearish Trend 3 days ago
71%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
73%
Bearish Trend 3 days ago
68%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
71%
Bullish Trend 3 days ago
66%
Advances
ODDS (%)
Bullish Trend 7 days ago
73%
Bullish Trend 7 days ago
66%
Declines
ODDS (%)
Bearish Trend 3 days ago
73%
Bearish Trend 3 days ago
69%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
77%
Bearish Trend 3 days ago
56%
Aroon
ODDS (%)
Bullish Trend 3 days ago
59%
Bullish Trend 3 days ago
56%
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LITE
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
VIAV
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 49% 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.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LITE
1D Price
Change %
LITE100%
-4.32%
CIEN - LITE
49%
Loosely correlated
-3.63%
VIAV - LITE
44%
Loosely correlated
-1.89%
ZBRA - LITE
43%
Loosely correlated
-2.22%
HPE - LITE
41%
Loosely correlated
-1.27%
COMM - LITE
40%
Loosely correlated
-6.53%
More

VIAV and

Correlation & Price change

A.I.dvisor indicates that over the last year, VIAV has been loosely correlated with LITE. These tickers have moved in lockstep 46% of the time. This A.I.-generated data suggests there is some statistical probability that if VIAV jumps, then LITE could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To VIAV
1D Price
Change %
VIAV100%
-1.89%
LITE - VIAV
46%
Loosely correlated
-4.32%
UI - VIAV
41%
Loosely correlated
-2.33%
ADTN - VIAV
41%
Loosely correlated
-2.76%
DGII - VIAV
38%
Loosely correlated
-0.85%
CIEN - VIAV
38%
Loosely correlated
-3.63%
More