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Cogent Communications (CCOI) Competitors

$59.77
+0.49 (+0.83%)
(As of 05/30/2024 ET)

CCOI vs. GSAT, CALX, GOGO, ASTS, SATS, DXC, SITM, RUM, PLXS, and AGYS

Should you be buying Cogent Communications stock or one of its competitors? The main competitors of Cogent Communications include Globalstar (GSAT), Calix (CALX), Gogo (GOGO), AST SpaceMobile (ASTS), EchoStar (SATS), DXC Technology (DXC), SiTime (SITM), Rumble (RUM), Plexus (PLXS), and Agilysys (AGYS). These companies are all part of the "computer and technology" sector.

Cogent Communications vs.

Globalstar (NYSE:GSAT) and Cogent Communications (NASDAQ:CCOI) 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 risk, community ranking, dividends, earnings, media sentiment, profitability, analyst recommendations, institutional ownership and valuation.

18.9% of Globalstar shares are held by institutional investors. Comparatively, 92.5% of Cogent Communications shares are held by institutional investors. 61.0% of Globalstar shares are held by insiders. Comparatively, 11.4% of Cogent Communications shares are held by 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.

Cogent Communications received 493 more outperform votes than Globalstar when rated by MarketBeat users. Likewise, 61.63% of users gave Cogent Communications an outperform vote while only 0.00% of users gave Globalstar an outperform vote.

CompanyUnderperformOutperform
GlobalstarOutperform Votes
No Votes
Underperform Votes
6
100.00%
Cogent CommunicationsOutperform Votes
493
61.63%
Underperform Votes
307
38.38%

Cogent Communications has higher revenue and earnings than Globalstar. Globalstar 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
Globalstar$223.81M9.59-$24.72M-$0.02-56.50
Cogent Communications$940.92M3.11$1.27B$25.242.37

In the previous week, Cogent Communications had 6 more articles in the media than Globalstar. MarketBeat recorded 7 mentions for Cogent Communications and 1 mentions for Globalstar. Globalstar's average media sentiment score of 1.09 beat Cogent Communications' score of 0.00 indicating that Cogent Communications is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Globalstar
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cogent Communications
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Globalstar has a beta of 0.85, meaning that its stock price is 15% less volatile than the S&P 500. Comparatively, Cogent Communications has a beta of 0.39, meaning that its stock price is 61% less volatile than the S&P 500.

Cogent Communications has a net margin of 114.09% compared to Cogent Communications' net margin of -19.14%. Cogent Communications' return on equity of -11.66% beat Globalstar's return on equity.

Company Net Margins Return on Equity Return on Assets
Globalstar-19.14% -11.66% -4.73%
Cogent Communications 114.09%-24.63%-4.13%

Cogent Communications has a consensus target price of $75.14, suggesting a potential upside of 25.72%. Given Globalstar's higher probable upside, analysts clearly believe Cogent Communications is more favorable than Globalstar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Globalstar
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Cogent Communications
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Cogent Communications beats Globalstar on 13 of the 17 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 CCOI 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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CCOI vs. The Competition

MetricCogent CommunicationsCommunication services IndustryComputer SectorNASDAQ Exchange
Market Cap$2.93B$1.54B$20.54B$7.96B
Dividend Yield6.57%4.96%2.70%3.99%
P/E Ratio2.3713.00265.3118.23
Price / Sales3.1111.90532.0270.15
Price / Cash8.3711.7329.0831.24
Price / Book5.853.516.314.64
Net Income$1.27B-$289.77M$622.18M$213.60M
7 Day Performance2.19%7.33%0.13%1.02%
1 Month Performance-6.87%19.58%2.94%3.89%
1 Year Performance-4.76%7.39%27.49%7.72%

Cogent Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GSAT
Globalstar
0 of 5 stars
$1.17
-2.5%
N/AN/A$2.22B$223.81M-58.50348
CALX
Calix
3.6425 of 5 stars
$31.41
+0.3%
$40.50
+28.9%
-23.0%$2.06B$1.04B101.321,760Short Interest ↓
Positive News
GOGO
Gogo
3.4769 of 5 stars
$10.84
+0.2%
$15.30
+41.1%
-31.5%$1.38B$397.58M9.26457Short Interest ↑
ASTS
AST SpaceMobile
2.6789 of 5 stars
$4.71
-10.8%
$11.13
+136.4%
+54.6%$1.21B$500,000.00-4.81489Analyst Forecast
Options Volume
Gap Up
High Trading Volume
SATS
EchoStar
0.7846 of 5 stars
$18.05
-3.2%
$23.00
+27.4%
+14.0%$4.90B$17.02B-2.3415,300Analyst Upgrade
DXC
DXC Technology
4.7585 of 5 stars
$15.92
-1.9%
$19.77
+24.2%
-40.1%$2.91B$13.67B43.01130,000
SITM
SiTime
1.3527 of 5 stars
$126.02
-3.7%
$140.00
+11.1%
+24.1%$2.88B$143.99M-30.51382Insider Selling
RUM
Rumble
0.1621 of 5 stars
$7.31
-1.3%
N/A-34.4%$2.86B$81.08M-11.42158
PLXS
Plexus
3.6569 of 5 stars
$110.70
+0.4%
$107.75
-2.7%
+20.9%$3.03B$4.21B30.5825,000Insider Selling
AGYS
Agilysys
3.0284 of 5 stars
$103.30
+0.8%
$95.00
-8.0%
+29.6%$2.83B$237.46M32.691,600Insider Selling

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This page (NASDAQ:CCOI) was last updated on 5/31/2024 by MarketBeat.com Staff

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