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Cogent Communications (CCOI) Competitors

Cogent Communications logo
$79.04 -1.41 (-1.75%)
(As of 11/12/2024 ET)

CCOI vs. IRDM, SATS, ASTS, CALX, GOGO, ORBC, WIFI, SPIR, TSAT, and BZFD

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), ORBCOMM (ORBC), Boingo Wireless (WIFI), Spire Global (SPIR), Telesat (TSAT), and BuzzFeed (BZFD).

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 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$1.06B3.67$1.27B$0.78101.33
Iridium Communications$790.72M4.29$15.41M$0.9431.68

Cogent Communications pays an annual dividend of $3.98 per share and has a dividend yield of 5.0%. 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.

In the previous week, Cogent Communications had 14 more articles in the media than Iridium Communications. MarketBeat recorded 23 mentions for Cogent Communications and 9 mentions for Iridium Communications. Cogent Communications' average media sentiment score of 0.76 beat Iridium Communications' score of 0.65 indicating that Cogent Communications is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cogent Communications
8 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Iridium Communications
4 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

Cogent Communications has a beta of 0.4, meaning that its stock price is 60% 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.

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 $77.14, suggesting a potential downside of 2.40%. Iridium Communications has a consensus target price of $41.00, suggesting a potential upside of 37.68%. 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)
0 Strong Buy rating(s)
2.43
Iridium Communications
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75

Cogent Communications received 14 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 61.41% of users gave Cogent Communications an outperform vote while only 58.67% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
Cogent CommunicationsOutperform Votes
498
61.41%
Underperform Votes
313
38.59%
Iridium CommunicationsOutperform Votes
484
58.67%
Underperform Votes
341
41.33%

Summary

Cogent Communications beats Iridium Communications on 12 of the 22 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$3.87B$1.80B$24.33B$8.93B
Dividend Yield4.62%3.91%2.74%4.02%
P/E Ratio101.3310.39270.6318.10
Price / Sales3.67224.953,296.6675.10
Price / Cash11.8110.1534.7436.30
Price / Book11.984.427.186.01
Net Income$1.27B-$232.86M$666.98M$224.44M
7 Day Performance-3.11%-0.72%2.58%3.64%
1 Month Performance-1.75%-0.40%3.62%7.64%
1 Year Performance21.26%31.25%24.67%32.54%

Cogent Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CCOI
Cogent Communications
4.5024 of 5 stars
$79.04
-1.8%
$77.14
-2.4%
+21.3%$3.87B$1.06B101.331,947Earnings Report
Dividend Increase
Insider Selling
IRDM
Iridium Communications
4.667 of 5 stars
$30.37
+2.8%
N/A-16.8%$3.46B$790.72M32.31660Short Interest ↑
Analyst Revision
SATS
EchoStar
0.6487 of 5 stars
$26.13
+1.2%
N/A+128.1%$7.01B$16.24B-3.0415,300News Coverage
Gap Down
ASTS
AST SpaceMobile
3.7839 of 5 stars
$24.76
+12.6%
N/A+462.9%$6.67B$1.40M-19.81390Upcoming Earnings
CALX
Calix
2.7934 of 5 stars
$33.27
-0.8%
N/A-7.5%$2.21B$1.04B-138.631,760Gap Up
GOGO
Gogo
3.5716 of 5 stars
$8.18
+2.1%
N/A-19.9%$1.03B$397.58M19.02457Short Interest ↑
ORBC
ORBCOMM
N/A$11.49
flat
N/A+0.0%$915.25M$248.47M-23.45700Analyst Forecast
WIFI
Boingo Wireless
N/A$13.99
flat
N/AN/A$626.07M$237.42M-33.31388Analyst Forecast
SPIR
Spire Global
1.9626 of 5 stars
$11.51
+7.8%
N/A+156.1%$279.90M$107.22M-3.31370Upcoming Earnings
TSAT
Telesat
1.2336 of 5 stars
$12.06
+4.3%
N/A+4.5%$164.51M$645.60M8.20N/AUpcoming Earnings
Short Interest ↑
High Trading Volume
BZFD
BuzzFeed
1.9697 of 5 stars
$3.18
+15.2%
N/A+149.6%$120.19M$227.33M-1.711,520Short Interest ↓
News Coverage
Gap Down

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This page (NASDAQ:CCOI) was last updated on 11/13/2024 by MarketBeat.com Staff
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