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Iridium Communications (IRDM) Competitors

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$24.07 -0.06 (-0.25%)
As of 04:00 PM Eastern
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IRDM vs. CCOI, LITE, ESE, NSSC, AIOT, TBCH, INSG, REKR, SNT, and KSCP

Should you be buying Iridium Communications stock or one of its competitors? The main competitors of Iridium Communications include Cogent Communications (CCOI), Lumentum (LITE), ESCO Technologies (ESE), Napco Security Technologies (NSSC), Powerfleet (AIOT), Turtle Beach (TBCH), Inseego (INSG), Rekor Systems (REKR), Senstar Technologies (SNT), and Knightscope (KSCP).

Iridium Communications vs.

Cogent Communications (NASDAQ:CCOI) and Iridium Communications (NASDAQ:IRDM) are both mid-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, dividends, media sentiment, community ranking, institutional ownership, valuation, risk, analyst recommendations and earnings.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cogent Communications$1.04B2.59$1.27B-$4.30-12.66
Iridium Communications$841.71M3.10$112.78M$1.0622.77

Cogent Communications pays an annual dividend of $4.02 per share and has a dividend yield of 7.4%. 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 increased 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 currently has a consensus price target of $80.25, indicating a potential upside of 47.43%. Iridium Communications has a consensus price target of $34.33, indicating a potential upside of 42.26%. Given Cogent Communications' higher probable upside, equities analysts clearly believe Cogent Communications is more favorable than Iridium Communications.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cogent Communications
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63
Iridium Communications
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

In the previous week, Iridium Communications had 10 more articles in the media than Cogent Communications. MarketBeat recorded 31 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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cogent Communications
11 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Iridium Communications
12 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Neutral

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.

Company Net Margins Return on Equity Return on Assets
Cogent Communications3.73% -36.31% -5.20%
Iridium Communications 13.58%15.66%4.15%

92.4% of Cogent Communications shares are owned by institutional investors. Comparatively, 84.4% of Iridium Communications shares are owned by institutional investors. 11.4% of Cogent Communications shares are owned by insiders. Comparatively, 2.4% of Iridium Communications shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Cogent Communications has a beta of 0.69, meaning that its stock price is 31% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.66, meaning that its stock price is 34% less volatile than the S&P 500.

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.

CompanyUnderperformOutperform
Cogent CommunicationsOutperform Votes
500
61.43%
Underperform Votes
314
38.57%
Iridium CommunicationsOutperform Votes
490
58.61%
Underperform Votes
346
41.39%

Summary

Cogent Communications beats Iridium Communications on 15 of the 22 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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IRDM vs. The Competition

MetricIridium CommunicationsCommunications equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$2.61B$799.36M$23.53B$7.94B
Dividend Yield2.42%2.35%2.97%4.23%
P/E Ratio25.4116.7142.6218.55
Price / Sales3.1074.092,109.27103.00
Price / Cash11.4816.7734.7234.62
Price / Book4.552.826.204.26
Net Income$112.78M-$18.34M$739.49M$248.39M
7 Day Performance4.75%5.40%2.04%1.27%
1 Month Performance-11.66%7.09%2.42%3.85%
1 Year Performance-22.94%17.30%52,745.65%5.23%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.6697 of 5 stars
$24.14
+0.0%
$34.33
+42.3%
-21.6%$2.61B$841.71M25.41660Analyst Downgrade
Analyst Revision
CCOI
Cogent Communications
4.4635 of 5 stars
$53.62
+0.2%
$80.25
+49.7%
-15.3%$2.65B$1.04B68.741,080Upcoming Earnings
Short Interest ↑
LITE
Lumentum
4.7113 of 5 stars
$60.08
+0.1%
$82.60
+37.5%
+34.9%$4.16B$1.41B-7.816,820Upcoming Earnings
ESE
ESCO Technologies
1.9003 of 5 stars
$155.09
-1.8%
$182.50
+17.7%
+54.7%$4.00B$1.06B36.412,920Upcoming Earnings
Short Interest ↑
News Coverage
NSSC
Napco Security Technologies
4.2623 of 5 stars
$22.78
-0.4%
$35.50
+55.8%
-43.9%$829.22M$186.53M17.521,150Upcoming Earnings
News Coverage
AIOT
Powerfleet
2.321 of 5 stars
$5.14
+0.4%
$12.33
+139.9%
N/A$681.10M$133.74M0.00670Analyst Forecast
Positive News
TBCH
Turtle Beach
3.931 of 5 stars
$11.12
-3.3%
$22.00
+97.8%
N/A$223.70M$372.77M38.34300News Coverage
INSG
Inseego
3.1941 of 5 stars
$8.57
+3.0%
$13.00
+51.7%
+102.0%$128.60M$191.24M-13.82410Upcoming Earnings
Positive News
REKR
Rekor Systems
1.12 of 5 stars
$1.02
+4.6%
N/A-40.7%$113.13M$46.03M-1.57250Positive News
SNT
Senstar Technologies
0.8134 of 5 stars
$3.42
-1.2%
N/A+139.2%$79.78M$34.46M48.86160
KSCP
Knightscope
2.6081 of 5 stars
$4.99
-0.2%
$17.00
+240.7%
N/A$34.44M$10.81M-0.3740Analyst Forecast
Short Interest ↓

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This page (NASDAQ:IRDM) was last updated on 5/1/2025 by MarketBeat.com Staff
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