CCOI vs. IRDM, ASTS, SATS, CALX, GOGO, SPIR, TSAT, BZFD, UCL, and KORE
Should you be buying Cogent Communications stock or one of its competitors? The main competitors of Cogent Communications include Iridium Communications (IRDM), AST SpaceMobile (ASTS), EchoStar (SATS), Calix (CALX), Gogo (GOGO), Spire Global (SPIR), Telesat (TSAT), BuzzFeed (BZFD), uCloudlink Group (UCL), and KORE Group (KORE).
Cogent Communications vs.
Cogent Communications (NASDAQ:CCOI) and Iridium Communications (NASDAQ:IRDM) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, valuation, community ranking, institutional ownership, media sentiment and risk.
Cogent Communications pays an annual dividend of $4.02 per share and has a dividend yield of 7.3%. Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 2.3%. Cogent Communications pays out -93.5% of its earnings in the form of a dividend. Iridium Communications pays out 52.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cogent Communications has raised its dividend for 14 consecutive years. Cogent Communications is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Cogent Communications has higher revenue and earnings than Iridium Communications. Cogent Communications is trading at a lower price-to-earnings ratio than Iridium Communications, indicating that it is currently the more affordable of the two stocks.
Iridium Communications has a net margin of 13.58% compared to Cogent Communications' net margin of 3.73%. Iridium Communications' return on equity of 15.66% beat Cogent Communications' return on equity.
Cogent Communications presently has a consensus target price of $80.25, suggesting a potential upside of 45.46%. Iridium Communications has a consensus target price of $34.33, suggesting a potential upside of 40.88%. Given Cogent Communications' higher possible upside, equities analysts plainly believe Cogent Communications is more favorable than Iridium Communications.
Cogent Communications has a beta of 0.69, indicating that its share price is 31% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.66, indicating that its share price is 34% less volatile than the S&P 500.
92.4% of Cogent Communications shares are held by institutional investors. Comparatively, 84.4% of Iridium Communications shares are held by institutional investors. 11.4% of Cogent Communications shares are held by company insiders. Comparatively, 2.4% of Iridium Communications shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
In the previous week, Iridium Communications had 11 more articles in the media than Cogent Communications. MarketBeat recorded 32 mentions for Iridium Communications and 21 mentions for Cogent Communications. Cogent Communications' average media sentiment score of 0.97 beat Iridium Communications' score of 0.43 indicating that Cogent Communications is being referred to more favorably in the media.
Cogent Communications received 10 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 61.43% of users gave Cogent Communications an outperform vote while only 58.61% of users gave Iridium Communications an outperform vote.
Summary
Cogent Communications beats Iridium Communications on 15 of the 22 factors compared between the two stocks.
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This page (NASDAQ:CCOI) was last updated on 5/1/2025 by MarketBeat.com Staff