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Iridium Communications (IRDM) Competitors

Iridium Communications logo
$28.16 +0.61 (+2.21%)
As of 04:00 PM Eastern

IRDM vs. CCOI, LITE, ESE, NSSC, AIOT, HEAR, INSG, REKR, SNT, and KSCP

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 (HEAR), Inseego (INSG), Rekor Systems (REKR), Senstar Technologies (SNT), and Knightscope (KSCP).

Iridium Communications vs.

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

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 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$790.72M4.01$15.41M$0.9429.64
Cogent Communications$940.92M3.82$1.27B$0.7893.92

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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Iridium Communications has a beta of 0.65, indicating that its stock price is 35% less volatile than the S&P 500. Comparatively, Cogent Communications has a beta of 0.4, indicating that its stock price is 60% less volatile than the S&P 500.

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 5.4%. 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 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.

Iridium Communications currently has a consensus price target of $41.00, suggesting a potential upside of 47.17%. Cogent Communications has a consensus price target of $80.25, suggesting a potential upside of 9.55%. 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
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

In the previous week, Iridium Communications and Iridium Communications both had 5 articles in the media. Iridium Communications' average media sentiment score of 1.08 beat Cogent Communications' score of 1.00 indicating that Iridium Communications is being referred to more favorably in the media.

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

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%

Summary

Iridium Communications and Cogent Communications tied by winning 10 of the 20 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$3.22B$934.07M$26.68B$8.96B
Dividend Yield1.98%1.97%2.79%4.04%
P/E Ratio29.646.74201.1013.72
Price / Sales4.0185.653,310.54135.45
Price / Cash10.3416.0434.2435.97
Price / Book3.893.788.334.79
Net Income$15.41M-$22.70M$669.74M$224.76M
7 Day Performance-1.60%0.94%1.34%1.14%
1 Month Performance-5.15%10.50%3.23%1.63%
1 Year Performance-25.11%69.61%27.03%20.32%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.8022 of 5 stars
$28.16
+2.2%
$41.00
+45.6%
-27.2%$3.21B$790.72M29.96660Insider Trade
Short Interest ↓
Positive News
CCOI
Cogent Communications
4.3093 of 5 stars
$71.29
-0.6%
$80.25
+12.6%
-3.1%$3.49B$1.06B91.401,947Short Interest ↑
News Coverage
LITE
Lumentum
3.5523 of 5 stars
$83.39
-1.2%
$78.46
-5.9%
+69.7%$5.73B$1.38B-10.077,257Analyst Upgrade
News Coverage
Gap Up
ESE
ESCO Technologies
3.954 of 5 stars
$129.01
+0.1%
$147.50
+14.3%
+33.1%$3.33B$1.03B32.743,281Short Interest ↓
NSSC
Napco Security Technologies
4.6485 of 5 stars
$33.36
-1.2%
$47.14
+41.3%
+7.0%$1.22B$191.15M24.531,150Analyst Forecast
News Coverage
Positive News
AIOT
Powerfleet
2.5324 of 5 stars
$5.60
-1.2%
$12.50
+123.2%
N/A$740.28M$133.74M0.00670
HEAR
Turtle Beach
4.3099 of 5 stars
N/A$22.50
+∞
N/A$350.78M$326.23M32.35300Analyst Forecast
INSG
Inseego
3.6594 of 5 stars
$10.69
-3.8%
$14.33
+34.1%
+497.1%$159.92M$207.48M-5.94410
REKR
Rekor Systems
0.2695 of 5 stars
$1.50
-17.6%
N/A-60.2%$140.74M$43.82M-2.31250Short Interest ↑
News Coverage
SNT
Senstar Technologies
2.3242 of 5 stars
$3.30
+1.5%
N/A+207.1%$76.92M$34.46M47.15160Short Interest ↓
Positive News
KSCP
Knightscope
0.6725 of 5 stars
$10.90
-9.9%
N/AN/A$37.95M$11.01M-0.8040Short Interest ↓

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This page (NASDAQ:IRDM) was last updated on 1/17/2025 by MarketBeat.com Staff
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