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Cogent Communications (CCOI) Competitors

Cogent Communications logo
$81.40 +1.44 (+1.80%)
(As of 11/20/2024 ET)

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.

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

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.

Company Net Margins Return on Equity Return on Assets
Iridium Communications14.09% 14.34% 4.21%
Cogent Communications 3.73%-36.31%-5.20%

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

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Iridium Communications$790.72M4.02$15.41M$0.9429.69
Cogent Communications$940.92M4.24$1.27B$0.78104.36

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.

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

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.

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$3.99B$1.79B$23.94B$8.82B
Dividend Yield4.96%4.06%2.79%4.07%
P/E Ratio104.369.56256.3617.66
Price / Sales4.24118.963,292.5974.22
Price / Cash11.2015.8132.8232.53
Price / Book6.494.797.364.68
Net Income$1.27B-$215.51M$665.43M$226.08M
7 Day Performance3.51%-1.46%-0.40%-2.03%
1 Month Performance-4.17%-1.72%0.54%0.07%
1 Year Performance21.37%26.17%17.51%24.61%

Cogent Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CCOI
Cogent Communications
4.0788 of 5 stars
$81.40
+1.8%
$80.25
-1.4%
+21.4%$3.92B$1.06B104.361,947
IRDM
Iridium Communications
4.4769 of 5 stars
$27.91
+2.2%
$41.00
+46.9%
-24.4%$3.18B$790.72M29.69660
ORBC
ORBCOMM
N/A$11.49
flat
N/A+0.0%$915.25M$248.47M-41.04700Analyst Forecast
ASTS
AST SpaceMobile
3.6267 of 5 stars
$23.59
-9.8%
$43.68
+85.2%
+393.4%$7.04B$13.82M0.00390Gap Down
SATS
EchoStar
0.8824 of 5 stars
$23.43
-3.3%
$19.25
-17.8%
+120.8%$6.58B$17.02B0.0015,300
GSAT
Globalstar
N/A$1.71
-1.7%
N/AN/A$3.24B$241.58M-58.00N/A
CALX
Calix
2.8803 of 5 stars
$30.43
-5.9%
$42.50
+39.7%
-21.3%$2.02B$1.04B-126.791,760
GOGO
Gogo
3.6428 of 5 stars
$7.74
-2.0%
$12.17
+57.2%
-26.3%$973.54M$397.58M18.00457Positive News
WIFI
Boingo Wireless
N/A$13.99
flat
N/AN/A$626.07M$237.42M-36.82388Analyst Forecast
SPIR
Spire Global
3.2136 of 5 stars
$14.42
-1.2%
$19.60
+35.9%
+187.3%$354.79M$105.70M0.00370
TSAT
Telesat
1.1964 of 5 stars
$11.03
+0.6%
$9.00
-18.4%
-5.2%$150.46M$608.95M4.54N/A

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This page (NASDAQ:CCOI) was last updated on 11/21/2024 by MarketBeat.com Staff
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