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Iridium Communications (IRDM) Competitors

Iridium Communications logo
$29.37 -0.83 (-2.75%)
(As of 12/17/2024 05:46 PM ET)

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 stock? We will contrast the two businesses based on the strength of their community ranking, analyst recommendations, dividends, institutional ownership, profitability, risk, media sentiment, valuation and earnings.

Iridium Communications has a beta of 0.65, indicating that its share price is 35% less volatile than the S&P 500. Comparatively, Cogent Communications has a beta of 0.39, indicating that its share price is 61% less volatile than the S&P 500.

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

In the previous week, Iridium Communications had 6 more articles in the media than Cogent Communications. MarketBeat recorded 12 mentions for Iridium Communications and 6 mentions for Cogent Communications. Iridium Communications' average media sentiment score of 0.96 beat Cogent Communications' score of 0.70 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
6 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cogent Communications
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Iridium Communications currently has a consensus target price of $41.00, indicating a potential upside of 39.60%. Cogent Communications has a consensus target price of $80.25, indicating a potential upside of 8.18%. 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

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%

Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 1.9%. 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 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.

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$812.43M4.12$15.41M$0.9431.24
Cogent Communications$1.06B3.44$1.27B$0.7895.10

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 beats Cogent Communications on 11 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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IRDM vs. The Competition

MetricIridium CommunicationsCommunications equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$3.34B$917.73M$25.39B$9.31B
Dividend Yield1.84%1.93%2.72%4.06%
P/E Ratio31.2513.09253.9017.53
Price / Sales4.1274.342,949.20139.54
Price / Cash11.0616.9234.6437.95
Price / Book4.103.148.144.92
Net Income$15.41M-$22.50M$670.50M$225.78M
7 Day Performance-3.04%-0.84%-0.21%-1.56%
1 Month Performance2.73%13.78%10.12%6.68%
1 Year Performance-26.32%49.43%25.55%22.48%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.7803 of 5 stars
$29.37
-2.7%
$41.00
+39.6%
-26.6%$3.34B$812.43M31.25660
CCOI
Cogent Communications
3.9421 of 5 stars
$75.97
-1.7%
$80.25
+5.6%
+3.4%$3.72B$1.06B99.091,947
LITE
Lumentum
3.1874 of 5 stars
$93.82
+1.0%
$74.85
-20.2%
+79.6%$6.45B$1.36B-11.227,257Analyst Forecast
ESE
ESCO Technologies
2.9375 of 5 stars
$139.90
-0.1%
$147.50
+5.4%
+21.2%$3.61B$1.03B35.553,281Positive News
NSSC
Napco Security Technologies
4.0093 of 5 stars
$37.63
+1.7%
$47.14
+25.3%
+8.2%$1.38B$191.15M27.211,070Positive News
AIOT
Powerfleet
2.9886 of 5 stars
$6.95
+5.1%
$12.50
+79.9%
N/A$918.73M$133.74M0.00670
HEAR
Turtle Beach
4.2614 of 5 stars
$17.33
-1.4%
$22.50
+29.8%
+45.2%$347.99M$258.12M60.62252
INSG
Inseego
3.8247 of 5 stars
$11.01
+0.5%
$16.00
+45.3%
+351.2%$164.66M$207.48M-6.08331Gap Down
REKR
Rekor Systems
0.0263 of 5 stars
$0.85
+0.4%
N/A-71.8%$79.56M$34.93M-1.30250
SNT
Senstar Technologies
1.1869 of 5 stars
$3.17
+7.8%
N/A+178.4%$73.89M$32.79M41.93160Positive News
High Trading Volume
KSCP
Knightscope
2.1124 of 5 stars
$14.37
+3.8%
$200.00
+1,291.8%
N/A$50.04M$11.01M-1.0240

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This page (NASDAQ:IRDM) was last updated on 12/18/2024 by MarketBeat.com Staff
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