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.
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.
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.
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.
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.
Summary
Cogent Communications beats Iridium Communications on 12 of the 22 factors compared between the two stocks.
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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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This page (NASDAQ:IRDM) was last updated on 2/21/2025 by MarketBeat.com Staff