CCOI vs. IRDM, ORBC, ASTS, SATS, GSAT, CALX, GOGO, WIFI, SPIR, and TSAT
Should you be buying Cogent Communications stock or one of its competitors? The main competitors of Cogent Communications include Iridium Communications (IRDM), ORBCOMM (ORBC), AST SpaceMobile (ASTS), EchoStar (SATS), Globalstar (GSAT), Calix (CALX), Gogo (GOGO), Boingo Wireless (WIFI), Spire Global (SPIR), and Telesat (TSAT).
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 investment? We will contrast the two companies based on the strength of their risk, dividends, profitability, media sentiment, valuation, institutional ownership, analyst recommendations, community ranking and earnings.
In the previous week, Cogent Communications had 14 more articles in the media than Iridium Communications. MarketBeat recorded 18 mentions for Cogent Communications and 4 mentions for Iridium Communications. Cogent Communications' average media sentiment score of 0.91 beat Iridium Communications' score of 0.54 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, 11.0% of Cogent Communications shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers 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.
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.
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 $3.94 per share and has a dividend yield of 4.8%. Iridium Communications pays out 59.6% of its earnings in the form of a dividend. Cogent Communications pays out 505.1% 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 raised 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.
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 presently has a consensus target price of $41.00, indicating a potential upside of 46.90%. Cogent Communications has a consensus target price of $80.25, indicating a potential downside of 1.41%. Given Iridium Communications' stronger consensus rating and higher probable upside, equities research analysts clearly believe Iridium Communications is more favorable than Cogent Communications.
Iridium Communications has a beta of 0.65, suggesting that its share price is 35% less volatile than the S&P 500. Comparatively, Cogent Communications has a beta of 0.4, suggesting that its share price is 60% less volatile than the S&P 500.
Summary
Cogent Communications beats Iridium Communications on 13 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:CCOI) was last updated on 11/21/2024 by MarketBeat.com Staff