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Iridium Communications Inc. (IRDM)

26.06 +1.35 (+5.46%)
At close: April 18 at 4:00 PM EDT
26.38 +0.32 (+1.23%)
After hours: April 18 at 7:35 PM EDT
Loading Chart for IRDM
DELL
  • Previous Close 24.71
  • Open 25.48
  • Bid 26.06 x 100
  • Ask 26.08 x 400
  • Day's Range 25.33 - 27.71
  • 52 Week Range 24.14 - 68.34
  • Volume 2,122,977
  • Avg. Volume 1,207,669
  • Market Cap (intraday) 3.172B
  • Beta (5Y Monthly) 0.85
  • PE Ratio (TTM) 217.17
  • EPS (TTM) 0.12
  • Earnings Date Apr 18, 2024
  • Forward Dividend & Yield 0.52 (2.10%)
  • Ex-Dividend Date Mar 14, 2024
  • 1y Target Est 43.33

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 4/18/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

IRDM
36.40%
S&P 500
5.06%

1-Year Return

IRDM
56.11%
S&P 500
20.71%

3-Year Return

IRDM
35.19%
S&P 500
19.73%

5-Year Return

IRDM
1.02%
S&P 500
72.77%

Compare To: IRDM

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: IRDM

Valuation Measures

As of 4/18/2024
  • Market Cap

    3.17B

  • Enterprise Value

    4.60B

  • Trailing P/E

    130.30

  • Forward P/E

    30.58

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    4.16

  • Price/Book (mrq)

    3.72

  • Enterprise Value/Revenue

    5.82

  • Enterprise Value/EBITDA

    11.34

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    1.95%

  • Return on Assets (ttm)

    2.65%

  • Return on Equity (ttm)

    1.53%

  • Revenue (ttm)

    790.72M

  • Net Income Avi to Common (ttm)

    15.41M

  • Diluted EPS (ttm)

    0.12

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    71.87M

  • Total Debt/Equity (mrq)

    169.00%

  • Levered Free Cash Flow (ttm)

    213.04M

Research Analysis: IRDM

Analyst Price Targets

30.00
43.33 Average
26.06 Current
65.00 High
 

Fair Value

Overvalued
% Return
26.06 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Research Reports: IRDM

  • 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
    Neutral
    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
    Neutral
    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
    Neutral
    Price Target
     
  • IRDM: What does Argus have to say about IRDM?

    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 Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Neutral
    Price Target
     

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