LightPath Technologies (NASDAQ: LPTH) is one of 156 publicly-traded companies in the “ELECTRONICS” industry, but how does it weigh in compared to its competitors? We will compare LightPath Technologies to related businesses based on the strength of its institutional ownership, valuation, earnings, risk, profitability, dividends and analyst recommendations.
Risk and Volatility
LightPath Technologies has a beta of -0.35, suggesting that its share price is 135% less volatile than the S&P 500. Comparatively, LightPath Technologies’ competitors have a beta of 0.81, suggesting that their average share price is 19% less volatile than the S&P 500.
This table compares LightPath Technologies and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|LightPath Technologies Competitors||-17.36%||-7.39%||-1.51%|
Valuation and Earnings
This table compares LightPath Technologies and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|LightPath Technologies||$28.37 million||$7.70 million||7.26|
|LightPath Technologies Competitors||$4.31 billion||$334.97 million||49.79|
LightPath Technologies’ competitors have higher revenue and earnings than LightPath Technologies. LightPath Technologies is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of recent ratings and target prices for LightPath Technologies and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|LightPath Technologies Competitors||456||2494||3886||181||2.54|
LightPath Technologies presently has a consensus price target of $3.05, suggesting a potential upside of 35.56%. As a group, “ELECTRONICS” companies have a potential upside of 14.31%. Given LightPath Technologies’ stronger consensus rating and higher possible upside, equities research analysts clearly believe LightPath Technologies is more favorable than its competitors.
Institutional & Insider Ownership
27.4% of LightPath Technologies shares are owned by institutional investors. Comparatively, 55.8% of shares of all “ELECTRONICS” companies are owned by institutional investors. 12.7% of LightPath Technologies shares are owned by company insiders. Comparatively, 13.9% of shares of all “ELECTRONICS” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
LightPath Technologies competitors beat LightPath Technologies on 7 of the 13 factors compared.
LightPath Technologies Company Profile
LightPath Technologies, Inc. is a manufacturer and integrator of families of precision molded aspheric optics, fiber-optic collimator, GRADIUM glass lenses and other optical materials used to produce products that manipulate light. The Company designs, develops, manufactures and distributes optical components and assemblies utilizing the optical processes and manufacturing technologies. The Company also performs research and development for optical solutions for the traditional optics markets and communications markets. The Company’s products are incorporated into a range of applications by its customers in various industries, including defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors.
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