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Iridium Communications (IRDM) Competitors

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$28.85 +0.66 (+2.36%)
As of 11:29 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

IRDM vs. CCOI, LITE, ESE, NSSC, AIOT, TBCH, INSG, REKR, SNT, and AMPG

Should you be buying Iridium Communications stock or one of its competitors? The main competitors of Iridium Communications include Cogent Communications (CCOI), Lumentum (LITE), ESCO Technologies (ESE), Napco Security Technologies (NSSC), Powerfleet (AIOT), Turtle Beach (TBCH), Inseego (INSG), Rekor Systems (REKR), Senstar Technologies (SNT), and AmpliTech Group (AMPG).

Iridium Communications vs.

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

Cogent Communications pays an annual dividend of $4.02 per share and has a dividend yield of 5.9%. Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 2.0%. Cogent Communications pays out -93.5% of its earnings in the form of a dividend. Iridium Communications pays out 58.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cogent Communications has raised its dividend for 14 consecutive years. Cogent Communications is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Cogent Communications has a beta of 0.45, indicating that its stock price is 55% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.7, indicating that its stock price is 30% less volatile than the S&P 500.

92.4% of Cogent Communications shares are owned by institutional investors. Comparatively, 84.4% of Iridium Communications shares are owned by institutional investors. 11.4% of Cogent Communications shares are owned by insiders. Comparatively, 2.0% of Iridium Communications shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Cogent Communications presently has a consensus price target of $80.25, suggesting a potential upside of 17.75%. Iridium Communications has a consensus price target of $36.00, suggesting a potential upside of 27.70%. Given Iridium Communications' stronger consensus rating and higher probable upside, analysts clearly 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)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Iridium Communications has a net margin of 13.58% compared to Cogent Communications' net margin of 3.73%. Iridium Communications' return on equity of 15.66% beat Cogent Communications' return on equity.

Company Net Margins Return on Equity Return on Assets
Cogent Communications3.73% -36.31% -5.20%
Iridium Communications 13.58%15.66%4.15%

In the previous week, Iridium Communications had 7 more articles in the media than Cogent Communications. MarketBeat recorded 14 mentions for Iridium Communications and 7 mentions for Cogent Communications. Cogent Communications' average media sentiment score of 1.07 beat Iridium Communications' score of 0.93 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
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Iridium Communications
6 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cogent Communications has higher revenue and earnings than Iridium Communications. Cogent Communications is trading at a lower price-to-earnings ratio than Iridium Communications, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cogent Communications$1.04B3.23$1.27B-$4.30-15.85
Iridium Communications$830.68M3.69$112.78M$0.9529.67

Cogent Communications received 12 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 61.43% of users gave Cogent Communications an outperform vote while only 58.80% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
Cogent CommunicationsOutperform Votes
500
61.43%
Underperform Votes
314
38.57%
Iridium CommunicationsOutperform Votes
488
58.80%
Underperform Votes
342
41.20%

Summary

Cogent Communications beats Iridium Communications on 13 of the 22 factors compared between the two stocks.

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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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IRDM vs. The Competition

MetricIridium CommunicationsCommunications equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$3.07B$958.80M$24.12B$8.28B
Dividend Yield2.03%2.10%2.80%4.02%
P/E Ratio29.6711.6843.1119.36
Price / Sales3.6974.092,390.4493.27
Price / Cash11.4816.7734.5934.64
Price / Book5.323.266.384.51
Net Income$112.78M-$18.34M$734.58M$247.14M
7 Day Performance3.03%0.94%1.83%3.64%
1 Month Performance-10.22%-3.60%49,593.29%-2.30%
1 Year Performance9.99%34.03%52,548.63%4.93%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.5484 of 5 stars
$28.85
+2.4%
$36.00
+24.8%
+9.4%$3.14B$830.68M30.34660
CCOI
Cogent Communications
4.0679 of 5 stars
$70.98
+3.6%
$80.25
+13.1%
+8.7%$3.50B$1.04B91.001,947Positive News
LITE
Lumentum
4.1891 of 5 stars
$68.28
+7.3%
$88.33
+29.4%
+44.7%$4.72B$1.41B-8.887,257Analyst Upgrade
News Coverage
ESE
ESCO Technologies
1.4927 of 5 stars
$159.60
-0.8%
$182.50
+14.3%
+61.1%$4.12B$1.06B37.473,281News Coverage
Positive News
NSSC
Napco Security Technologies
4.2227 of 5 stars
$25.23
+0.1%
$36.33
+44.0%
-37.5%$918.22M$186.53M19.401,150
AIOT
Powerfleet
2.4885 of 5 stars
$5.98
+1.1%
$12.33
+106.4%
N/A$791.74M$133.74M0.00670
TBCH
Turtle Beach
3.7225 of 5 stars
$13.60
+0.3%
$21.00
+54.4%
N/A$273.07M$326.23M46.90300
INSG
Inseego
2.754 of 5 stars
$9.64
-0.7%
$14.33
+48.8%
+223.2%$144.58M$191.24M-15.54410
REKR
Rekor Systems
0.3794 of 5 stars
$1.05
-4.1%
N/A-42.8%$98.05M$43.82M-1.61250Upcoming Earnings
SNT
Senstar Technologies
0.631 of 5 stars
$3.46
+0.3%
N/A+175.6%$80.68M$34.46M49.45160
AMPG
AmpliTech Group
2.4907 of 5 stars
$1.87
+0.5%
$5.00
+167.4%
-13.1%$32.69M$11.67M-2.3140Upcoming Earnings
News Coverage
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This page (NASDAQ:IRDM) was last updated on 3/25/2025 by MarketBeat.com Staff
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