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Cogent Communications (CCOI) Competitors

Cogent Communications logo
$77.34 +2.42 (+3.23%)
(As of 12/20/2024 05:16 PM ET)

CCOI vs. IRDM, ASTS, SATS, GSAT, CALX, GOGO, SPIR, TSAT, BZFD, and UCL

Should you be buying Cogent Communications stock or one of its competitors? The main competitors of Cogent Communications include Iridium Communications (IRDM), AST SpaceMobile (ASTS), EchoStar (SATS), Globalstar (GSAT), Calix (CALX), Gogo (GOGO), Spire Global (SPIR), Telesat (TSAT), BuzzFeed (BZFD), and uCloudlink Group (UCL).

Cogent Communications vs.

Cogent Communications (NASDAQ:CCOI) and Iridium Communications (NASDAQ:IRDM) are both mid-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, risk, media sentiment, community ranking, institutional ownership, earnings, valuation and profitability.

Cogent Communications has a beta of 0.39, meaning that its stock price is 61% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.65, meaning that its stock price is 35% less volatile than the S&P 500.

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
Cogent Communications$1.06B3.59$1.27B$0.7899.15
Iridium Communications$812.43M4.09$15.41M$0.9431.07

Cogent Communications pays an annual dividend of $3.98 per share and has a dividend yield of 5.1%. Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 1.9%. 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. Iridium Communications pays out 59.6% of its earnings in the form of a dividend. Cogent Communications has increased its dividend for 13 consecutive years. Cogent Communications is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

92.4% 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 company insiders. Comparatively, 2.0% of Iridium Communications shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

In the previous week, Iridium Communications had 1 more articles in the media than Cogent Communications. MarketBeat recorded 5 mentions for Iridium Communications and 4 mentions for Cogent Communications. Iridium Communications' average media sentiment score of 1.21 beat Cogent Communications' score of 0.74 indicating that Iridium Communications is being referred to more favorably in the news media.

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

Cogent Communications received 16 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 61.50% of users gave Cogent Communications an outperform vote while only 58.67% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
Cogent CommunicationsOutperform Votes
500
61.50%
Underperform Votes
313
38.50%
Iridium CommunicationsOutperform Votes
484
58.67%
Underperform Votes
341
41.33%

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
Cogent Communications3.73% -36.31% -5.20%
Iridium Communications 14.09%14.34%4.21%

Cogent Communications presently has a consensus target price of $80.25, suggesting a potential upside of 3.76%. Iridium Communications has a consensus target price of $41.00, suggesting a potential upside of 40.36%. Given Iridium Communications' stronger consensus rating and higher possible upside, analysts plainly believe Iridium Communications is more favorable than Cogent Communications.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cogent Communications
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63
Iridium Communications
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75

Summary

Iridium Communications beats Cogent Communications on 11 of the 21 factors compared between the two stocks.

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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CCOI vs. The Competition

MetricCogent CommunicationsCommunication services IndustryComputer SectorNASDAQ Exchange
Market Cap$3.79B$1.88B$24.25B$9.08B
Dividend Yield5.23%4.14%2.72%4.21%
P/E Ratio99.159.83270.7417.15
Price / Sales3.59114.183,157.19116.80
Price / Cash10.7717.8633.6637.88
Price / Book6.174.977.754.78
Net Income$1.27B-$215.51M$661.21M$225.60M
7 Day Performance0.06%1.42%0.71%-1.21%
1 Month Performance-7.60%-1.20%6.74%3.09%
1 Year Performance4.33%15.33%22.24%16.48%

Cogent Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CCOI
Cogent Communications
3.7476 of 5 stars
$77.34
+3.2%
$80.25
+3.8%
+7.4%$3.79B$1.06B99.151,947High Trading Volume
IRDM
Iridium Communications
4.7042 of 5 stars
$30.12
+0.2%
$41.00
+36.1%
-26.1%$3.43B$790.72M32.14660Positive News
ASTS
AST SpaceMobile
2.9011 of 5 stars
$24.27
+3.4%
$43.68
+80.0%
+342.6%$7.03B$2.50M-11.16390Gap Down
SATS
EchoStar
0.7285 of 5 stars
$23.92
+2.5%
$20.50
-14.3%
+66.4%$6.50B$17.02B-2.6215,300
GSAT
Globalstar
N/A$1.95
-2.5%
N/AN/A$3.69B$241.58M-65.00N/AInsider Trade
Analyst Revision
News Coverage
CALX
Calix
1.9379 of 5 stars
$35.38
+0.8%
$42.50
+20.1%
-16.3%$2.35B$890.13M-146.921,760
GOGO
Gogo
3.4515 of 5 stars
$7.93
+0.4%
$12.17
+53.4%
-22.5%$997.44M$397.58M18.37457Options Volume
SPIR
Spire Global
2.5029 of 5 stars
$14.19
+5.0%
$19.60
+38.1%
+88.1%$345.07M$107.22M-3.88370Gap Down
TSAT
Telesat
1.2222 of 5 stars
$17.03
+1.6%
$9.00
-47.2%
+72.0%$232.31M$608.95M6.90N/ANews Coverage
BZFD
BuzzFeed
0.8429 of 5 stars
$3.14
-5.7%
N/A+137.7%$119.32M$231.67M-2.291,520
UCL
uCloudlink Group
1.768 of 5 stars
$1.25
-6.7%
N/A-2.4%$46.81M$85.58M12.18490News Coverage
Gap Down

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This page (NASDAQ:CCOI) was last updated on 12/21/2024 by MarketBeat.com Staff
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