CCOI vs. GSAT, CALX, GOGO, ASTS, SATS, DXC, SITM, RUM, PLXS, and AGYS
Should you be buying Cogent Communications stock or one of its competitors? The main competitors of Cogent Communications include Globalstar (GSAT), Calix (CALX), Gogo (GOGO), AST SpaceMobile (ASTS), EchoStar (SATS), DXC Technology (DXC), SiTime (SITM), Rumble (RUM), Plexus (PLXS), and Agilysys (AGYS). These companies are all part of the "computer and technology" sector.
Cogent Communications (NASDAQ:CCOI) and Globalstar (NYSE:GSAT) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, media sentiment, profitability, community ranking, risk, earnings and dividends.
92.5% of Cogent Communications shares are owned by institutional investors. Comparatively, 18.9% of Globalstar shares are owned by institutional investors. 11.0% of Cogent Communications shares are owned by insiders. Comparatively, 61.0% of Globalstar shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Cogent Communications has higher revenue and earnings than Globalstar. Globalstar is trading at a lower price-to-earnings ratio than Cogent Communications, indicating that it is currently the more affordable of the two stocks.
In the previous week, Cogent Communications had 13 more articles in the media than Globalstar. MarketBeat recorded 14 mentions for Cogent Communications and 1 mentions for Globalstar. Cogent Communications' average media sentiment score of 0.95 beat Globalstar's score of 0.00 indicating that Cogent Communications is being referred to more favorably in the media.
Cogent Communications has a beta of 0.39, suggesting that its share price is 61% less volatile than the S&P 500. Comparatively, Globalstar has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500.
Cogent Communications received 493 more outperform votes than Globalstar when rated by MarketBeat users. Likewise, 61.63% of users gave Cogent Communications an outperform vote while only 0.00% of users gave Globalstar an outperform vote.
Cogent Communications has a net margin of 114.09% compared to Globalstar's net margin of -19.14%. Globalstar's return on equity of -11.66% beat Cogent Communications' return on equity.
Cogent Communications presently has a consensus price target of $75.14, suggesting a potential upside of 27.17%. Given Cogent Communications' higher possible upside, research analysts clearly believe Cogent Communications is more favorable than Globalstar.
Summary
Cogent Communications beats Globalstar on 13 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CCOI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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