NasdaqGS - Delayed Quote USD

Iridium Communications Inc. (IRDM)

29.28 +0.54 (+1.88%)
At close: April 24 at 4:00 PM EDT
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DELL
  • Previous Close 28.74
  • Open 28.55
  • Bid 29.20 x 200
  • Ask 29.31 x 300
  • Day's Range 28.52 - 29.46
  • 52 Week Range 24.14 - 65.69
  • Volume 1,833,849
  • Avg. Volume 1,275,691
  • Market Cap (intraday) 3.555B
  • Beta (5Y Monthly) 0.85
  • PE Ratio (TTM) 146.40
  • EPS (TTM) 0.20
  • Earnings Date Jul 23, 2024 - Jul 29, 2024
  • Forward Dividend & Yield 0.52 (1.78%)
  • Ex-Dividend Date Mar 14, 2024
  • 1y Target Est 39.40

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services; and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and other government agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.

www.iridium.com

760

Full Time Employees

December 31

Fiscal Year Ends

Recent News: IRDM

Performance Overview: IRDM

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

IRDM
28.54%
S&P 500
6.33%

1-Year Return

IRDM
55.92%
S&P 500
22.70%

3-Year Return

IRDM
21.11%
S&P 500
21.33%

5-Year Return

IRDM
5.68%
S&P 500
72.88%

Compare To: IRDM

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Statistics: IRDM

Valuation Measures

Annual
As of 4/24/2024
  • Market Cap

    3.56B

  • Enterprise Value

    4.99B

  • Trailing P/E

    146.40

  • Forward P/E

    36.76

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    4.68

  • Price/Book (mrq)

    4.16

  • Enterprise Value/Revenue

    6.32

  • Enterprise Value/EBITDA

    12.28

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    3.20%

  • Return on Assets (ttm)

    3.25%

  • Return on Equity (ttm)

    2.61%

  • Revenue (ttm)

    789.3M

  • Net Income Avi to Common (ttm)

    25.29M

  • Diluted EPS (ttm)

    0.20

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    174.02M

  • Total Debt/Equity (mrq)

    189.69%

  • Levered Free Cash Flow (ttm)

    228.72M

Research Analysis: IRDM

Analyst Price Targets

30.00
39.40 Average
29.28 Current
50.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: IRDM

Fair Value

29.28 Current
 

Dividend Score

0 Low
IRDM
Sector Avg.
100 High
 

Hiring Score

0 Low
IRDM
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
IRDM
Sector Avg.
100 High
 

Research Reports: IRDM

  • IRDM: Raising target price to $30.00

    IRIDIUM COMMUNICATIONS INC has an Investment Rating of HOLD; a target price of $30.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • IRDM: Lowering target price to $26.00

    IRIDIUM COMMUNICATIONS INC has an Investment Rating of HOLD; a target price of $26.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • IRDM: Raising target price to $27.00

    IRIDIUM COMMUNICATIONS INC has an Investment Rating of HOLD; a target price of $27.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • IRDM: Lowering target price to $26.00

    IRIDIUM COMMUNICATIONS INC has an Investment Rating of HOLD; a target price of $26.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     

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