EMCORE (NASDAQ:EMKR) and Nlight (NASDAQ:LASR) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, valuation, analyst recommendations, dividends, earnings and risk.
This is a breakdown of recent ratings and price targets for EMCORE and Nlight, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Institutional & Insider Ownership
54.5% of EMCORE shares are held by institutional investors. Comparatively, 80.0% of Nlight shares are held by institutional investors. 1.4% of EMCORE shares are held by insiders. Comparatively, 5.8% of Nlight shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
This table compares EMCORE and Nlight’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Risk and Volatility
EMCORE has a beta of 0.29, suggesting that its stock price is 71% less volatile than the S&P 500. Comparatively, Nlight has a beta of 2.45, suggesting that its stock price is 145% more volatile than the S&P 500.
Valuation & Earnings
This table compares EMCORE and Nlight’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|EMCORE||$87.26 million||1.01||-$35.98 million||($0.71)||-4.28|
|Nlight||$176.62 million||3.41||-$12.88 million||($0.24)||-66.42|
Nlight has higher revenue and earnings than EMCORE. Nlight is trading at a lower price-to-earnings ratio than EMCORE, indicating that it is currently the more affordable of the two stocks.
Nlight beats EMCORE on 10 of the 13 factors compared between the two stocks.
EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in California. It offers broadband products comprising cable television; laser, receiver, and photodetector component products; radio frequency over glass FTTP products; satellite/microwave communications products; and wireless communications products. The company also provides chip devices products, including high-power gain chips, GPON fiber-to-the-premises, and data center chip products; and navigation systems products, such as fiber optic gyroscope products and inertial measurement units and navigation systems products. It sells its products through direct sales force, application engineers, third party sales representatives, and distributors. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California.
nLIGHT, Inc. designs, develops, and manufactures semiconductor and fiber lasers used in the industrial, microfabrication, and aerospace and defense markets. The company also produces optical fiber products. It markets and sells its products to original equipment manufacturer primarily through direct sales force in the United States, China, South Korea, Germany, and Finland, as well as through various independent sales representatives and distributors in Asia and Europe. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was founded in 2000 and is headquartered in Vancouver, Washington.
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