CCOI vs. IRDM, SATS, ASTS, CALX, GOGO, SPIR, TSAT, BZFD, UCL, and KORE
Should you be buying Cogent Communications stock or one of its competitors? The main competitors of Cogent Communications include Iridium Communications (IRDM), EchoStar (SATS), AST SpaceMobile (ASTS), Calix (CALX), Gogo (GOGO), Spire Global (SPIR), Telesat (TSAT), BuzzFeed (BZFD), uCloudlink Group (UCL), and KORE Group (KORE).
Cogent Communications vs.
Iridium Communications (NASDAQ:IRDM) and Cogent Communications (NASDAQ:CCOI) are both mid-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their profitability, institutional ownership, valuation, risk, analyst recommendations, media sentiment, earnings, community ranking and dividends.
Iridium Communications presently has a consensus price target of $41.00, suggesting a potential upside of 45.60%. Cogent Communications has a consensus price target of $80.25, suggesting a potential upside of 10.54%. Given Iridium Communications' stronger consensus rating and higher probable upside, research analysts clearly believe Iridium Communications is more favorable than Cogent Communications.
Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 2.0%. Cogent Communications pays an annual dividend of $3.98 per share and has a dividend yield of 5.5%. 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 13 consecutive years. Cogent Communications is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
In the previous week, Iridium Communications had 1 more articles in the media than Cogent Communications. MarketBeat recorded 4 mentions for Iridium Communications and 3 mentions for Cogent Communications. Cogent Communications' average media sentiment score of 0.94 beat Iridium Communications' score of 0.93 indicating that Cogent Communications is being referred to more favorably in the news media.
84.4% of Iridium Communications shares are owned by institutional investors. Comparatively, 92.5% of Cogent Communications shares are owned by institutional investors. 2.0% of Iridium Communications shares are owned by company insiders. Comparatively, 11.0% of Cogent Communications shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
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.
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 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 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.
Summary
Cogent Communications beats Iridium Communications on 11 of the 21 factors compared between the two stocks.
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This page (NASDAQ:CCOI) was last updated on 1/21/2025 by MarketBeat.com Staff