Iridium Communications Inc. (IRDM)
- 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.com760
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
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
1-Year Return
3-Year Return
5-Year Return
Compare To: IRDM
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Statistics: IRDM
Valuation Measures
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
Fair Value
Analyst Recommendations
Earnings
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.
RatingNeutralPrice TargetIRDM: 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.
RatingNeutralPrice TargetIRDM: 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.
RatingNeutralPrice TargetIRDM: 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.
RatingNeutralPrice Target