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.
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.
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.
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.
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.
Summary
Cogent Communications beats Iridium Communications on 11 of the 21 factors compared between the two stocks.
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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 1/25/2025 by MarketBeat.com Staff