CCOI vs. GSAT, CALX, SATS, GOGO, QTWO, DOCN, USM, PYCR, LITE, and HAYW
Should you be buying Cogent Communications stock or one of its competitors? The main competitors of Cogent Communications include Globalstar (GSAT), Calix (CALX), EchoStar (SATS), Gogo (GOGO), Q2 (QTWO), DigitalOcean (DOCN), United States Cellular (USM), Paycor HCM (PYCR), Lumentum (LITE), and Hayward (HAYW). 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 stock? We will contrast the two companies based on the strength of their media sentiment, dividends, community ranking, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations.
In the previous week, Cogent Communications had 1 more articles in the media than Globalstar. MarketBeat recorded 3 mentions for Cogent Communications and 2 mentions for Globalstar. Cogent Communications' average media sentiment score of 0.78 beat Globalstar's score of 0.42 indicating that Cogent Communications is being referred to more favorably in the media.
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.
92.5% of Cogent Communications shares are owned by institutional investors. Comparatively, 18.9% of Globalstar shares are owned by institutional investors. 11.4% 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 endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Cogent Communications received 491 more outperform votes than Globalstar when rated by MarketBeat users.
Cogent Communications presently has a consensus target price of $77.57, indicating a potential upside of 22.99%. Given Cogent Communications' higher possible upside, equities research analysts clearly believe Cogent Communications is more favorable than Globalstar.
Cogent Communications has a beta of 0.39, suggesting that its stock price is 61% less volatile than the S&P 500. Comparatively, Globalstar has a beta of 0.85, suggesting that its stock price is 15% less volatile than the S&P 500.
Cogent Communications has a net margin of 135.34% compared to Globalstar's net margin of -14.61%. Globalstar's return on equity of -6.43% beat Cogent Communications' return on equity.
Summary
Cogent Communications beats Globalstar on 12 of the 16 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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