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Iridium Communications (IRDM) Competitors

Iridium Communications logo
$25.31 -0.51 (-1.98%)
Closing price 05/21/2025 04:00 PM Eastern
Extended Trading
$25.54 +0.23 (+0.89%)
As of 05/21/2025 07:46 PM Eastern
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IRDM vs. CCOI, LITE, ESE, NSSC, AIOT, TBCH, INSG, REKR, SNT, and AMPG

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 AmpliTech Group (AMPG).

Iridium Communications vs.

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

Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 2.2%. Cogent Communications pays an annual dividend of $4.04 per share and has a dividend yield of 8.8%. Iridium Communications pays out 52.8% of its earnings in the form of a dividend. Cogent Communications pays out -100.7% 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. Iridium Communications has raised its dividend for 1 consecutive years and 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.

In the previous week, Cogent Communications had 1 more articles in the media than Iridium Communications. MarketBeat recorded 13 mentions for Cogent Communications and 12 mentions for Iridium Communications. Cogent Communications' average media sentiment score of 1.36 beat Iridium Communications' score of 1.28 indicating that Cogent Communications is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Iridium Communications
9 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cogent Communications
10 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Iridium Communications has a beta of 0.74, meaning that its stock price is 26% less volatile than the S&P 500. Comparatively, Cogent Communications has a beta of 0.76, meaning that its stock price is 24% less volatile than the S&P 500.

84.4% of Iridium Communications shares are owned by institutional investors. Comparatively, 92.4% of Cogent Communications shares are owned by institutional investors. 2.4% of Iridium Communications shares are owned by insiders. Comparatively, 10.2% of Cogent Communications 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.

Iridium Communications presently has a consensus target price of $34.25, suggesting a potential upside of 35.23%. Cogent Communications has a consensus target price of $75.75, suggesting a potential upside of 64.19%. Given Cogent Communications' higher probable upside, analysts clearly believe Cogent Communications is more favorable than Iridium Communications.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Iridium Communications
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80
Cogent Communications
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

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
Iridium Communications$841.71M3.25$112.78M$1.0623.89
Cogent Communications$1.02B2.24$1.27B-$4.01-11.51

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
Iridium Communications13.58% 15.66% 4.15%
Cogent Communications 3.73%-36.31%-5.20%

Cogent Communications received 10 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 61.40% of users gave Cogent Communications an outperform vote while only 58.66% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
Iridium CommunicationsOutperform Votes
491
58.66%
Underperform Votes
346
41.34%
Cogent CommunicationsOutperform Votes
501
61.40%
Underperform Votes
315
38.60%

Summary

Cogent Communications beats Iridium Communications on 15 of the 21 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$2.74B$886.00M$25.14B$8.40B
Dividend Yield2.18%2.20%2.89%4.11%
P/E Ratio26.6317.5744.6719.74
Price / Sales3.2574.252,088.09117.36
Price / Cash11.4816.7734.7834.62
Price / Book4.782.926.664.51
Net Income$112.78M-$18.34M$739.99M$248.18M
7 Day Performance-0.01%0.55%-0.77%1.07%
1 Month Performance9.17%17.60%14.69%14.96%
1 Year Performance-18.72%17.65%52,510.80%6.70%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.7629 of 5 stars
$25.31
-2.0%
$34.25
+35.3%
-18.8%$2.74B$841.71M26.64660Positive News
Dividend Announcement
CCOI
Cogent Communications
4.475 of 5 stars
$49.89
-1.4%
$75.75
+51.8%
-23.0%$2.46B$1.02B63.961,080Positive News
LITE
Lumentum
3.88 of 5 stars
$77.87
-0.1%
$82.20
+5.6%
+65.1%$5.40B$1.47B-10.136,820Positive News
Insider Trade
ESE
ESCO Technologies
1.2996 of 5 stars
$183.27
-0.2%
$187.50
+2.3%
+60.8%$4.73B$1.07B43.022,920Positive News
NSSC
Napco Security Technologies
2.8473 of 5 stars
$27.95
+0.4%
$32.20
+15.2%
-40.4%$996.59M$181.23M21.501,150Trending News
Gap Up
AIOT
Powerfleet
2.2045 of 5 stars
$5.94
-0.5%
$11.25
+89.4%
N/A$787.10M$133.74M0.00670Positive News
Gap Down
TBCH
Turtle Beach
2.7707 of 5 stars
$11.80
-3.3%
$12.50
+5.9%
N/A$237.72M$380.82M40.69300
INSG
Inseego
2.8636 of 5 stars
$8.99
+16.5%
$13.00
+44.6%
+28.8%$134.92M$191.24M-14.50410
REKR
Rekor Systems
0.522 of 5 stars
$1.05
-2.8%
N/A-35.9%$123.98M$46.03M-1.62250Earnings Report
SNT
Senstar Technologies
0.4616 of 5 stars
$3.94
+10.7%
N/A+167.8%$91.91M$35.75M56.29160News Coverage
High Trading Volume
AMPG
AmpliTech Group
2.8675 of 5 stars
$2.27
+10.2%
$5.00
+120.3%
+46.5%$44.63M$9.51M-2.8040Earnings Report
Upcoming Earnings

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This page (NASDAQ:IRDM) was last updated on 5/22/2025 by MarketBeat.com Staff
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