IRDM vs. CCOI, LITE, ESE, NSSC, AIOT, TBCH, REKR, INSG, 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), Rekor Systems (REKR), Inseego (INSG), Senstar Technologies (SNT), and AmpliTech Group (AMPG).
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 stock? We will contrast the two companies based on the strength of their valuation, community ranking, analyst recommendations, earnings, institutional ownership, profitability, media sentiment, risk and dividends.
In the previous week, Cogent Communications had 12 more articles in the media than Iridium Communications. MarketBeat recorded 21 mentions for Cogent Communications and 9 mentions for Iridium Communications. Iridium Communications' average media sentiment score of 0.55 beat Cogent Communications' score of 0.36 indicating that Iridium Communications is being referred to more favorably in the news media.
Cogent Communications pays an annual dividend of $4.04 per share and has a dividend yield of 8.3%. Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 1.9%. Cogent Communications pays out -100.7% 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 and Iridium Communications has increased its dividend for 1 consecutive years. Cogent Communications is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Cogent Communications has a beta of 0.72, indicating that its share price is 28% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.75, indicating that its share price is 25% less volatile than the S&P 500.
Cogent Communications currently has a consensus price target of $75.75, suggesting a potential upside of 55.25%. Iridium Communications has a consensus price target of $34.25, suggesting a potential upside of 18.64%. Given Cogent Communications' higher possible upside, analysts plainly believe Cogent Communications is more favorable than Iridium Communications.
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.
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.
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.
92.4% of Cogent Communications shares are held by institutional investors. Comparatively, 84.4% of Iridium Communications shares are held by institutional investors. 10.2% 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 large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Summary
Cogent Communications beats Iridium Communications on 13 of the 21 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NASDAQ:IRDM) was last updated on 6/11/2025 by MarketBeat.com Staff