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).
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.
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.
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.
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.
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.
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.
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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 ChartThis 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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