Free Trial

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.

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

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

Company Net Margins Return on Equity Return on Assets
Iridium Communications3.20% 2.76% 0.93%
Cogent Communications 114.09%-24.63%-4.13%

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

84.4% of Iridium Communications shares are held by institutional investors. Comparatively, 92.5% of Cogent Communications shares are held by institutional investors. 2.0% of Iridium Communications shares are held by company insiders. Comparatively, 11.4% of Cogent Communications shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Iridium Communications has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500. Comparatively, Cogent Communications has a beta of 0.39, indicating that its stock price is 61% less volatile than the S&P 500.

In the previous week, Iridium Communications had 1 more articles in the media than Cogent Communications. MarketBeat recorded 6 mentions for Iridium Communications and 5 mentions for Cogent Communications. Cogent Communications' average media sentiment score of 1.39 beat Iridium Communications' score of 1.22 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
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cogent Communications
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

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
Iridium Communications$790.72M4.62$15.41M$0.21143.38
Cogent Communications$940.92M3.09$1.27B$25.242.35

Iridium Communications pays an annual dividend of $0.52 per share and has a dividend yield of 1.7%. Cogent Communications pays an annual dividend of $3.90 per share and has a dividend yield of 6.6%. 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 pays out 15.5% of its earnings in the form of a dividend. 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.

Summary

Cogent Communications beats Iridium Communications on 12 of the 22 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.
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

CCOI vs. The Competition

MetricCogent CommunicationsCommunication services IndustryComputer SectorNASDAQ Exchange
Market Cap$2.90B$1.56B$21.13B$7.96B
Dividend Yield6.58%4.97%2.68%4.00%
P/E Ratio2.3510.00213.9715.57
Price / Sales2.7611.70537.4793.31
Price / Cash8.4312.0630.2631.51
Price / Book5.803.516.424.59
Net Income$1.27B-$289.77M$626.77M$213.90M
7 Day Performance0.14%4.67%-0.68%0.87%
1 Month Performance-8.75%19.82%2.84%3.60%
1 Year Performance-3.42%8.90%27.59%7.91%

Cogent Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.4413 of 5 stars
$30.11
+0.6%
$44.75
+48.6%
-49.9%$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
0.7943 of 5 stars
$19.20
+3.8%
$23.00
+19.8%
+21.8%$5.21B$17.02B-2.4915,300Analyst Upgrade
CALX
Calix
3.6751 of 5 stars
$35.73
+1.6%
$40.50
+13.4%
-23.3%$2.34B$1.04B115.261,760Short Interest ↓
Positive News
ASTS
AST SpaceMobile
2.714 of 5 stars
$8.28
-1.5%
$12.97
+56.7%
+52.7%$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
3.5185 of 5 stars
$10.59
+2.6%
$15.30
+44.5%
-29.7%$1.35B$397.58M9.05457Short Interest ↑
SLAM
Slam
0 of 5 stars
$11.09
flat
N/A+5.4%$260.06MN/A0.005Short Interest ↓
SPIR
Spire Global
1.5015 of 5 stars
$9.15
-2.2%
$17.60
+92.3%
+55.5%$222.51M$107.22M-2.63407Short Interest ↑

Related Companies and Tools

This page (NASDAQ:CCOI) was last updated on 6/1/2024 by MarketBeat.com Staff

From Our Partners