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Iridium Communications (IRDM) Competitors

Iridium Communications logo
$31.02 +1.61 (+5.47%)
As of 01/24/2025 04:00 PM Eastern

IRDM vs. CCOI, LITE, ESE, NSSC, AIOT, HEAR, 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 (HEAR), Inseego (INSG), Rekor Systems (REKR), Senstar Technologies (SNT), and Knightscope (KSCP).

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 stock? We will compare the two businesses based on the strength of their analyst recommendations, earnings, dividends, institutional ownership, valuation, community ranking, risk, media sentiment and profitability.

Iridium Communications has a beta of 0.65, indicating that its share price is 35% less volatile than the S&P 500. Comparatively, Cogent Communications has a beta of 0.4, indicating that its share price is 60% less volatile than the S&P 500.

Cogent Communications received 15 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 61.50% of users gave Cogent Communications an outperform vote while only 58.72% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
Iridium CommunicationsOutperform Votes
485
58.72%
Underperform Votes
341
41.28%
Cogent CommunicationsOutperform Votes
500
61.50%
Underperform Votes
313
38.50%

In the previous week, Iridium Communications had 10 more articles in the media than Cogent Communications. MarketBeat recorded 12 mentions for Iridium Communications and 2 mentions for Cogent Communications. Cogent Communications' average media sentiment score of 0.97 beat Iridium Communications' score of 0.74 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
4 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Cogent Communications
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

84.4% of Iridium Communications shares are held by institutional investors. Comparatively, 92.5% of Cogent Communications shares are held by institutional investors. 2.0% 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 endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Iridium Communications has a net margin of 14.09% compared to Cogent Communications' net margin of 3.73%. Iridium Communications' return on equity of 14.34% beat Cogent Communications' return on equity.

Company Net Margins Return on Equity Return on Assets
Iridium Communications14.09% 14.34% 4.21%
Cogent Communications 3.73%-36.31%-5.20%

Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 1.8%. Cogent Communications pays an annual dividend of $3.98 per share and has a dividend yield of 5.3%. Iridium Communications pays out 59.6% of its earnings in the form of a dividend. Cogent Communications pays out 510.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cogent Communications has increased its dividend for 12 consecutive years. Cogent Communications is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Iridium Communications currently has a consensus target price of $40.75, indicating a potential upside of 31.37%. Cogent Communications has a consensus target price of $80.25, indicating a potential upside of 6.01%. Given Iridium Communications' stronger consensus rating and higher possible upside, analysts clearly believe Iridium Communications is more favorable than Cogent Communications.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Iridium Communications
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.80
Cogent Communications
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63

Cogent Communications has higher revenue and earnings than Iridium Communications. Iridium Communications is trading at a lower price-to-earnings ratio than Cogent Communications, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Iridium Communications$812.43M4.35$15.41M$0.9433.00
Cogent Communications$940.92M3.94$1.27B$0.7897.05

Summary

Cogent Communications beats Iridium Communications on 11 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$3.53B$1.09B$27.28B$9.27B
Dividend Yield1.92%1.93%2.71%3.98%
P/E Ratio33.007.82193.6313.35
Price / Sales4.3585.673,303.5281.94
Price / Cash10.6417.0736.0737.67
Price / Book4.333.898.644.75
Net Income$15.41M-$22.70M$672.46M$224.45M
7 Day Performance10.16%2.15%1.88%1.44%
1 Month Performance7.78%5.55%4.57%3.27%
1 Year Performance-14.43%67.08%26.99%22.21%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.8573 of 5 stars
$31.02
+5.5%
$40.75
+31.4%
-14.8%$3.53B$812.43M33.00660Analyst Forecast
News Coverage
High Trading Volume
CCOI
Cogent Communications
3.9071 of 5 stars
$72.60
+0.6%
$80.25
+10.5%
-0.7%$3.56B$940.92M93.081,947
LITE
Lumentum
3.5107 of 5 stars
$94.41
+5.7%
$81.92
-13.2%
+75.2%$6.49B$1.36B-11.407,257
ESE
ESCO Technologies
3.7728 of 5 stars
$134.01
+0.1%
$147.50
+10.1%
+25.1%$3.46B$1.03B34.013,281
NSSC
Napco Security Technologies
4.6376 of 5 stars
$34.96
+0.4%
$46.43
+32.8%
+5.5%$1.28B$188.82M25.711,070Positive News
AIOT
Powerfleet
2.812 of 5 stars
$6.04
-1.0%
$12.50
+107.0%
N/A$798.44M$133.74M0.00670
HEAR
Turtle Beach
4.2283 of 5 stars
N/A$22.50
+∞
N/A$350.78M$326.23M32.35300Analyst Forecast
INSG
Inseego
3.1137 of 5 stars
$11.38
+1.7%
$14.33
+26.0%
+403.3%$170.25M$195.69M-6.32410
REKR
Rekor Systems
0.4378 of 5 stars
$1.60
+3.9%
N/A-46.4%$150.11M$34.93M-2.46250
SNT
Senstar Technologies
1.4114 of 5 stars
$3.36
-3.2%
N/A+244.2%$78.32M$32.79M48.01160News Coverage
KSCP
Knightscope
0.5564 of 5 stars
$12.00
-2.2%
N/AN/A$41.76M$12.80M-0.8840News Coverage

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This page (NASDAQ:IRDM) was last updated on 1/25/2025 by MarketBeat.com Staff
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