IRDM vs. CCOI, SATS, GSAT, PL, GILT, TSAT, SATL, PAYC, JNPR, and JKHY
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), Telesat (TSAT), Satellogic (SATL), Paycom Software (PAYC), Juniper Networks (JNPR), and Jack Henry & Associates (JKHY). These companies are all part of the "computer and technology" sector.
Iridium Communications vs. Its Competitors
Cogent Communications (NASDAQ:CCOI) and Iridium Communications (NASDAQ:IRDM) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, risk, media sentiment, profitability and institutional ownership.
Cogent Communications has a beta of 0.73, indicating that its share price is 27% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.79, indicating that its share price is 21% less volatile than the S&P 500.
In the previous week, Iridium Communications had 1 more articles in the media than Cogent Communications. MarketBeat recorded 6 mentions for Iridium Communications and 5 mentions for Cogent Communications. Cogent Communications' average media sentiment score of 1.32 beat Iridium Communications' score of 1.00 indicating that Cogent Communications is being referred to more favorably in the media.
Cogent Communications pays an annual dividend of $4.04 per share and has a dividend yield of 8.2%. Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 1.8%. 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 raised its dividend for 14 consecutive years and Iridium Communications has raised 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 presently has a consensus target price of $75.75, indicating a potential upside of 53.34%. Iridium Communications has a consensus target price of $34.25, indicating a potential upside of 8.90%. Given Cogent Communications' higher probable upside, equities research analysts plainly believe Cogent Communications is more favorable than Iridium Communications.
92.5% 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 insiders. Comparatively, 2.4% of Iridium Communications shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Iridium Communications has a net margin of 14.68% compared to Cogent Communications' net margin of -18.76%. Iridium Communications' return on equity of 19.41% beat Cogent Communications' return on equity.
Iridium Communications has lower revenue, but higher earnings 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.
Summary
Iridium Communications beats Cogent Communications on 10 of the 19 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 7/11/2025 by MarketBeat.com Staff
