IRDM vs. CCOI, SATS, GSAT, PL, GILT, SATL, TSAT, APPF, WCC, and DOX
Should you be buying Iridium Communications stock or one of its competitors? The main competitors of Iridium Communications include Cogent Communications (CCOI), EchoStar (SATS), Globalstar (GSAT), Planet Labs PBC (PL), Gilat Satellite Networks (GILT), Satellogic (SATL), Telesat (TSAT), AppFolio (APPF), WESCO International (WCC), and Amdocs (DOX). These companies are all part of the "computer and technology" sector.
Iridium Communications vs. Its Competitors
Iridium Communications (NASDAQ:IRDM) and Cogent Communications (NASDAQ:CCOI) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, media sentiment, earnings, dividends, analyst recommendations, risk, valuation and institutional ownership.
84.4% of Iridium Communications shares are held by institutional investors. Comparatively, 92.5% of Cogent Communications shares are held by institutional investors. 2.4% of Iridium Communications shares are held by company insiders. Comparatively, 11.4% of Cogent Communications shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Iridium Communications has higher earnings, but lower revenue than Cogent 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.
In the previous week, Cogent Communications had 1 more articles in the media than Iridium Communications. MarketBeat recorded 17 mentions for Cogent Communications and 16 mentions for Iridium Communications. Iridium Communications' average media sentiment score of 0.82 beat Cogent Communications' score of 0.60 indicating that Iridium Communications is being referred to more favorably in the media.
Iridium Communications has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500. Comparatively, Cogent Communications has a beta of 0.68, meaning that its share price is 32% less volatile than the S&P 500.
Iridium Communications presently has a consensus price target of $34.33, suggesting a potential upside of 42.23%. Cogent Communications has a consensus price target of $57.50, suggesting a potential upside of 53.25%. Given Cogent Communications' higher possible upside, analysts plainly believe Cogent Communications is more favorable than Iridium Communications.
Iridium Communications pays an annual dividend of $0.60 per share and has a dividend yield of 2.5%. Cogent Communications pays an annual dividend of $4.04 per share and has a dividend yield of 10.8%. Iridium Communications pays out 60.6% of its earnings in the form of a dividend. Cogent Communications pays out -89.0% 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 increased its dividend for 1 consecutive years and 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.
Iridium Communications has a net margin of 13.20% compared to Cogent Communications' net margin of -21.57%. Iridium Communications' return on equity of 20.28% beat Cogent Communications' return on equity.
Summary
Iridium Communications beats Cogent Communications on 12 of the 20 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 IRDM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
Iridium Communications Competitors List
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This page (NASDAQ:IRDM) was last updated on 8/22/2025 by MarketBeat.com Staff
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