Free Trial

Iridium Communications (IRDM) Competitors

Iridium Communications logo
$24.32 +0.05 (+0.21%)
As of 04/14/2025 04:00 PM Eastern

IRDM vs. CCOI, ESE, LITE, 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), ESCO Technologies (ESE), Lumentum (LITE), 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 investment? We will compare the two companies based on the strength of their dividends, profitability, analyst recommendations, institutional ownership, earnings, community ranking, risk, media sentiment and valuation.

In the previous week, Iridium Communications had 2 more articles in the media than Cogent Communications. MarketBeat recorded 11 mentions for Iridium Communications and 9 mentions for Cogent Communications. Iridium Communications' average media sentiment score of 1.24 beat Cogent Communications' score of 1.19 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
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Iridium Communications
6 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 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$1.04B2.53$1.27B-$4.30-12.34
Iridium Communications$830.68M3.18$112.78M$0.9525.60

Cogent Communications has a beta of 0.69, suggesting that its stock price is 31% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.66, suggesting that its stock price is 34% less volatile than the S&P 500.

Cogent Communications pays an annual dividend of $4.02 per share and has a dividend yield of 7.6%. Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 2.3%. 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 increased 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.

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

Cogent Communications received 11 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 61.43% of users gave Cogent Communications an outperform vote while only 58.77% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
Cogent CommunicationsOutperform Votes
500
61.43%
Underperform Votes
314
38.57%
Iridium CommunicationsOutperform Votes
489
58.77%
Underperform Votes
343
41.23%

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 presently has a consensus price target of $80.25, indicating a potential upside of 51.19%. Iridium Communications has a consensus price target of $36.00, indicating a potential upside of 48.03%. Given Cogent Communications' higher probable upside, research analysts plainly believe Cogent Communications is more favorable than Iridium 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

Summary

Cogent Communications beats Iridium Communications on 14 of the 22 factors compared between the two stocks.

Remove Ads
Get Iridium Communications News Delivered to You Automatically

Sign up to receive the latest news and ratings for IRDM and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

IRDM vs. The Competition

MetricIridium CommunicationsCommunications equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$2.64B$767.50M$22.20B$7.58B
Dividend Yield2.32%2.26%3.00%4.33%
P/E Ratio25.6016.2139.0517.78
Price / Sales3.1873.872,145.3394.51
Price / Cash11.4816.7734.6634.64
Price / Book4.592.585.723.99
Net Income$112.78M-$18.34M$737.35M$247.24M
7 Day Performance7.37%5.69%6.17%8.29%
1 Month Performance-11.85%-13.83%-5.49%-5.37%
1 Year Performance-1.34%15.56%52,740.97%-0.24%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.6678 of 5 stars
$24.32
+0.2%
$36.00
+48.0%
-1.4%$2.64B$830.68M25.60660Upcoming Earnings
Short Interest ↓
Positive News
CCOI
Cogent Communications
4.4801 of 5 stars
$53.30
-6.4%
$80.25
+50.6%
-15.7%$2.63B$1.04B68.331,947Positive News
Gap Up
High Trading Volume
ESE
ESCO Technologies
2.2125 of 5 stars
$141.83
-0.1%
$182.50
+28.7%
+48.1%$3.66B$1.06B33.293,281Positive News
Gap Down
LITE
Lumentum
4.6828 of 5 stars
$52.26
+5.4%
$87.40
+67.2%
+20.5%$3.62B$1.41B-6.807,257Positive News
Gap Up
High Trading Volume
NSSC
Napco Security Technologies
4.2557 of 5 stars
$20.26
-0.1%
$35.50
+75.2%
-43.0%$737.48M$186.53M15.581,150Gap Up
AIOT
Powerfleet
2.5623 of 5 stars
$4.50
+5.4%
$12.33
+174.1%
N/A$596.29M$133.74M0.00670News Coverage
Positive News
Gap Down
TBCH
Turtle Beach
3.7824 of 5 stars
$10.53
+0.2%
$22.00
+108.9%
N/A$210.30M$372.77M36.31300Gap Up
High Trading Volume
INSG
Inseego
2.7995 of 5 stars
$6.96
+0.9%
$14.33
+105.9%
+220.3%$104.44M$191.24M-11.23410Gap Up
REKR
Rekor Systems
0.3897 of 5 stars
$0.76
+8.9%
N/A-61.2%$71.51M$43.82M-1.17250Short Interest ↑
Gap Up
SNT
Senstar Technologies
0.6376 of 5 stars
$2.77
+2.6%
N/A+134.1%$64.57M$34.46M39.58160
AMPG
AmpliTech Group
3.0829 of 5 stars
$1.30
-4.4%
$5.00
+284.6%
-47.8%$25.56M$11.67M-1.6040Gap Up
Remove Ads

Related Companies and Tools


This page (NASDAQ:IRDM) was last updated on 4/15/2025 by MarketBeat.com Staff
From Our Partners