Iridium Communications Inc. (IRDM)
- Previous Close
29.69 - Open
29.87 - Bid 31.36 x 500
- Ask 31.44 x 300
- Day's Range
29.84 - 31.83 - 52 Week Range
24.14 - 65.69 - Volume
2,309,417 - Avg. Volume
1,293,682 - Market Cap (intraday)
3.809B - Beta (5Y Monthly) 0.85
- PE Ratio (TTM)
156.85 - EPS (TTM)
0.20 - Earnings Date Jul 23, 2024 - Jul 29, 2024
- Forward Dividend & Yield 0.52 (1.75%)
- 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.com760
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: IRDM
Performance Overview: IRDM
Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: IRDM
Valuation Measures
Market Cap
3.61B
Enterprise Value
5.03B
Trailing P/E
148.45
Forward P/E
37.31
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
4.74
Price/Book (mrq)
4.22
Enterprise Value/Revenue
6.38
Enterprise Value/EBITDA
12.40
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
Company Insights: IRDM
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
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.
RatingPrice 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 Low; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice 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.
RatingPrice 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.
RatingPrice Target