LITE
Price
$41.74
Change
-$0.70 (-1.65%)
Updated
Apr 19, 6:59 PM EST
11 days until earnings call
VIAV
Price
$8.07
Change
-$0.03 (-0.37%)
Updated
Apr 19, 6:59 PM EST
10 days until earnings call
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Compare predictions LITE vs VIAV

Header iconLITE vs VIAV Comparison
Open Charts LITE vs VIAVBanner chart's image
Lumentum Holdings
Price$41.74
Change-$0.70 (-1.65%)
Volume$599.16K
CapitalizationN/A
Viavi Solutions
Price$8.07
Change-$0.03 (-0.37%)
Volume$983.64K
CapitalizationN/A
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LITE vs VIAV Comparison Chart

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LITEDaily Signal changed days agoGain/Loss if shorted
 
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VIAVDaily Signal changed days agoGain/Loss if shorted
 
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VS
LITE vs. VIAV commentary
Apr 20, 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 Hold and VIAV is a StrongBuy.

COMPARISON
Comparison
Apr 20, 2024
Stock price -- (LITE: $42.44 vs. VIAV: $8.09)
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: 85% vs. VIAV: 62%
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 $4.4B.

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, both LITE and VIAV are a bad buy in the long-term.

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 2 bullish TA indicator(s).

  • LITE’s TA Score: 4 bullish, 5 bearish.
  • VIAV’s TA Score: 2 bullish, 7 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 -6.06% price change this week, while VIAV (@Telecommunications Equipment) price change was -5.05% for the same time period.

The average weekly price growth across all stocks in the @Telecommunications Equipment industry was -1.20%. For the same industry, the average monthly price growth was +5.46%, and the average quarterly price growth was +7.94%.

Reported Earning Dates

LITE is expected to report earnings on Aug 14, 2024.

VIAV is expected to report earnings on Aug 13, 2024.

Industries' Descriptions

@Telecommunications Equipment (-1.20% 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
A.I.dvisor published
a Summary for LITE with price predictions.
OPEN
A.I.dvisor published
a Summary for VIAV with price predictions.
OPEN
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 (-19.039) and VIAV (-19.662) have similar YTD gains . 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 YTD-19.039-19.66297%
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
6956
VALUATION
overvalued / fair valued / undervalued
1..100
77
Overvalued
91
Overvalued
PROFIT vs RISK RATING
1..100
100100
SMR RATING
1..100
9589
PRICE GROWTH RATING
1..100
6363
P/E GROWTH RATING
1..100
61
SEASONALITY SCORE
1..100
n/an/a

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 (77) in the Telecommunications Equipment industry is in the same range as VIAV (91) 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 (100) in the Telecommunications Equipment industry is in the same range as VIAV (100) 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 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.

VIAV's Price Growth Rating (63) in the Electronic Equipment Or Instruments industry is in the same range as LITE (63) in the Telecommunications Equipment industry. This means that VIAV’s stock grew similarly to LITE’s over the last 12 months.

VIAV's P/E Growth Rating (1) in the Electronic Equipment Or Instruments industry is in the same range as LITE (6) 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 (%)
Bullish Trend 2 days ago
77%
Bullish Trend 2 days ago
68%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
72%
Bullish Trend 3 days ago
65%
Momentum
ODDS (%)
Bearish Trend 2 days ago
71%
Bearish Trend 2 days ago
58%
MACD
ODDS (%)
Bearish Trend 2 days ago
70%
Bearish Trend 3 days ago
69%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
75%
Bearish Trend 2 days ago
66%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
73%
Bearish Trend 2 days ago
63%
Advances
ODDS (%)
Bullish Trend 26 days ago
74%
N/A
Declines
ODDS (%)
Bearish Trend 5 days ago
76%
Bearish Trend 2 days ago
67%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
76%
N/A
Aroon
ODDS (%)
N/A
Bearish Trend 2 days ago
54%
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LITEDaily Signal changed days agoGain/Loss if shorted
 
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VIAVDaily Signal changed days agoGain/Loss if shorted
 
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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 43% 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%
-0.98%
LITE - VIAV
43%
Loosely correlated
+1.10%
ERIC - VIAV
40%
Loosely correlated
+2.64%
UI - VIAV
39%
Loosely correlated
-1.04%
ADTN - VIAV
39%
Loosely correlated
+1.72%
ZBRA - VIAV
38%
Loosely correlated
-1.13%
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