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Cogent Communications (CCOI) Competitors

$59.22
-0.55 (-0.92%)
(As of 05/31/2024 ET)

CCOI vs. IRDM, ORBC, WIFI, SATS, CALX, ASTS, GSAT, GOGO, SLAM, and SPIR

Should you be buying Cogent Communications stock or one of its competitors? The main competitors of Cogent Communications include Iridium Communications (IRDM), ORBCOMM (ORBC), Boingo Wireless (WIFI), EchoStar (SATS), Calix (CALX), AST SpaceMobile (ASTS), Globalstar (GSAT), Gogo (GOGO), Slam (SLAM), and Spire Global (SPIR).

Cogent Communications vs.

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

Cogent Communications has a net margin of 114.09% compared to Iridium Communications' net margin of 3.20%. Iridium Communications' return on equity of 2.76% beat Cogent Communications' return on equity.

Company Net Margins Return on Equity Return on Assets
Cogent Communications114.09% -24.63% -4.13%
Iridium Communications 3.20%2.76%0.93%

Cogent Communications presently has a consensus price target of $75.14, suggesting a potential upside of 26.89%. Iridium Communications has a consensus price target of $44.75, suggesting a potential upside of 48.62%. 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
Cogent Communications
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Iridium Communications
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.80

Cogent Communications pays an annual dividend of $3.90 per share and has a dividend yield of 6.6%. Iridium Communications pays an annual dividend of $0.52 per share and has a dividend yield of 1.7%. Cogent Communications pays out 15.5% of its earnings in the form of a dividend. Iridium Communications pays out 247.6% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

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$1.05B2.76$1.27B$25.242.35
Iridium Communications$790.72M4.62$15.41M$0.21143.38

Cogent Communications received 10 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 61.63% of users gave Cogent Communications an outperform vote while only 58.76% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
Cogent CommunicationsOutperform Votes
493
61.63%
Underperform Votes
307
38.38%
Iridium CommunicationsOutperform Votes
483
58.76%
Underperform Votes
339
41.24%

In the previous week, Cogent Communications had 1 more articles in the media than Iridium Communications. MarketBeat recorded 4 mentions for Cogent Communications and 3 mentions for Iridium Communications. Iridium Communications' average media sentiment score of 1.32 beat Cogent Communications' score of 0.95 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
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Iridium Communications
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

92.4% of Cogent Communications shares are held by institutional investors. Comparatively, 84.4% of Iridium Communications shares are held by institutional investors. 11.4% of Cogent Communications shares are held by company insiders. Comparatively, 2.0% of Iridium Communications shares are held 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 has a beta of 0.39, indicating that its stock price is 61% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500.

Summary

Cogent Communications beats Iridium Communications on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CCOI 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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CCOI vs. The Competition

MetricCogent CommunicationsCommunication services IndustryComputer SectorNASDAQ Exchange
Market Cap$2.90B$1.11B$21.69B$7.98B
Dividend Yield6.58%4.97%2.70%4.00%
P/E Ratio2.358.69200.8014.93
Price / Sales2.7611.63539.4968.58
Price / Cash8.4311.9630.7831.50
Price / Book5.803.516.514.59
Net Income$1.27B-$289.77M$631.57M$213.90M
7 Day Performance0.14%4.67%-0.69%0.87%
1 Month Performance-6.75%19.61%1.92%1.82%
1 Year Performance-6.13%-3.85%26.73%5.90%

Cogent Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.4364 of 5 stars
$30.11
+0.6%
$44.75
+48.6%
-50.7%$3.66B$790.72M143.38760Short Interest ↑
Positive News
ORBC
ORBCOMM
0 of 5 stars
$11.49
flat
N/A+0.0%$915.25M$248.47M-23.45700
WIFI
Boingo Wireless
0 of 5 stars
$13.99
flat
N/AN/A$626.07M$237.42M-33.31388
SATS
EchoStar
0.7747 of 5 stars
$19.20
+3.8%
$23.00
+19.8%
+22.6%$5.21B$17.02B-2.4915,300Analyst Upgrade
CALX
Calix
3.5531 of 5 stars
$35.73
+1.6%
$40.50
+13.4%
-24.1%$2.34B$1.04B115.261,760Short Interest ↓
News Coverage
Positive News
ASTS
AST SpaceMobile
2.7178 of 5 stars
$8.28
-1.5%
$12.97
+56.7%
+47.8%$2.13B$500,000.00-8.44489Analyst Forecast
Options Volume
Analyst Revision
High Trading Volume
GSAT
Globalstar
0 of 5 stars
$1.09
-3.5%
N/AN/A$2.07B$223.81M-54.50348Gap Up
GOGO
Gogo
3.4547 of 5 stars
$10.59
+2.6%
$15.30
+44.5%
-31.1%$1.35B$397.58M9.05457Short Interest ↑
SLAM
Slam
0 of 5 stars
$11.09
flat
N/A+4.8%$260.06MN/A0.005Short Interest ↓
SPIR
Spire Global
1.493 of 5 stars
$9.15
-2.2%
$17.60
+92.3%
+64.8%$222.51M$107.22M-2.63407Short Interest ↑

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This page (NASDAQ:CCOI) was last updated on 6/2/2024 by MarketBeat.com Staff

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