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Iridium Communications (IRDM) Competitors

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$31.53 -0.59 (-1.84%)
As of 11:28 AM Eastern
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IRDM vs. CCOI, LITE, ESE, AIOT, NSSC, 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), Powerfleet (AIOT), Napco Security Technologies (NSSC), 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 investment? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, earnings, valuation, risk, community ranking, profitability and dividends.

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%

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

Cogent Communications pays an annual dividend of $3.98 per share and has a dividend yield of 4.9%. Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 1.8%. 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. Iridium Communications pays out 58.9% of its earnings in the form of a dividend. 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.

92.5% 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 company insiders. Comparatively, 2.0% of Iridium Communications shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

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. Iridium Communications' average media sentiment score of 0.96 beat Cogent Communications' score of 0.92 indicating that Iridium Communications is being referred to more favorably in the news media.

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

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
Cogent Communications$940.92M4.24$1.27B$0.78104.37
Iridium Communications$830.68M4.15$112.78M$0.9533.38

Cogent Communications currently has a consensus target price of $80.25, suggesting a potential downside of 1.42%. Iridium Communications has a consensus target price of $38.33, suggesting a potential upside of 20.89%. Given Iridium Communications' stronger consensus rating and higher possible 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

Cogent Communications received 15 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 61.50% of users gave Cogent Communications an outperform vote while only 58.72% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
Cogent CommunicationsOutperform Votes
500
61.50%
Underperform Votes
313
38.50%
Iridium CommunicationsOutperform Votes
485
58.72%
Underperform Votes
341
41.28%

Summary

Cogent Communications beats Iridium Communications on 12 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$3.47B$1.03B$26.94B$9.20B
Dividend Yield1.71%1.98%2.75%3.85%
P/E Ratio33.569.8337.5714.14
Price / Sales4.1577.832,562.1779.70
Price / Cash11.6816.4935.6137.47
Price / Book5.983.597.024.78
Net Income$112.78M-$18.34M$731.84M$245.88M
7 Day Performance0.25%1.11%-0.74%-0.90%
1 Month Performance8.11%-2.87%1.31%-0.52%
1 Year Performance7.48%52.91%22.24%16.50%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.4264 of 5 stars
$31.61
-1.6%
$38.33
+21.3%
+10.0%$3.44B$830.68M33.30660Analyst Revision
CCOI
Cogent Communications
4.0461 of 5 stars
$82.00
-0.8%
$80.25
-2.1%
+5.9%$4.02B$940.92M105.131,947News Coverage
LITE
Lumentum
4.533 of 5 stars
$77.68
-0.6%
$88.07
+13.4%
+54.8%$5.34B$1.36B-10.107,257Analyst Forecast
Insider Trade
ESE
ESCO Technologies
1.8339 of 5 stars
$160.86
-2.2%
$167.50
+4.1%
+65.9%$4.15B$1.03B37.763,281
AIOT
Powerfleet
2.8281 of 5 stars
$8.10
+0.4%
$12.33
+52.3%
N/A$1.07B$133.59M0.00670
NSSC
Napco Security Technologies
4.0842 of 5 stars
$25.65
+1.5%
$38.17
+48.8%
-42.9%$940.84M$188.82M19.731,070
TBCH
Turtle Beach
N/A$18.82
+2.0%
N/AN/A$377.91M$258.12M64.90300
INSG
Inseego
2.0265 of 5 stars
$12.91
-1.6%
$14.33
+11.0%
+276.8%$193.13M$195.69M-7.17410Earnings Report
News Coverage
Gap Down
REKR
Rekor Systems
0.5329 of 5 stars
$1.92
-9.0%
N/A-22.0%$180.13M$34.93M-2.95250Upcoming Earnings
News Coverage
Gap Down
SNT
Senstar Technologies
0.1778 of 5 stars
$3.56
+0.6%
N/A+238.9%$82.98M$32.79M50.86160News Coverage
Gap Down
AMPG
AmpliTech Group
2.6554 of 5 stars
$2.05
-7.7%
$5.00
+143.9%
+5.3%$35.83M$15.59M-2.5340

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This page (NASDAQ:IRDM) was last updated on 2/21/2025 by MarketBeat.com Staff
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