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Iridium Communications Inc. (IRDM)

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29.44 +0.55 (+1.90%)
As of 12:41 PM EDT. Market Open.
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DELL
  • Previous Close 28.89
  • Open 28.97
  • Bid --
  • Ask --
  • Day's Range 28.97 - 29.66
  • 52 Week Range 24.14 - 41.66
  • Volume 389,024
  • Avg. Volume 1,112,596
  • Market Cap (intraday) 3.485B
  • Beta (5Y Monthly) 0.65
  • PE Ratio (TTM) 32.71
  • EPS (TTM) 0.90
  • Earnings Date Oct 17, 2024
  • Forward Dividend & Yield 0.56 (1.88%)
  • Ex-Dividend Date Sep 13, 2024
  • 1y Target Est 40.60

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

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Performance Overview: IRDM

Trailing total returns as of 10/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

IRDM
27.39%
S&P 500
21.64%

1-Year Return

IRDM
22.08%
S&P 500
37.35%

3-Year Return

IRDM
25.52%
S&P 500
27.66%

5-Year Return

IRDM
25.71%
S&P 500
93.66%

Compare To: IRDM

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Statistics: IRDM

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Valuation Measures

Annual
As of 10/21/2024
  • Market Cap

    3.38B

  • Enterprise Value

    5.02B

  • Trailing P/E

    31.97

  • Forward P/E

    32.57

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    4.52

  • Price/Book (mrq)

    5.10

  • Enterprise Value/Revenue

    6.18

  • Enterprise Value/EBITDA

    12.49

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    14.09%

  • Return on Assets (ttm)

    4.52%

  • Return on Equity (ttm)

    14.41%

  • Revenue (ttm)

    812.43M

  • Net Income Avi to Common (ttm)

    114.46M

  • Diluted EPS (ttm)

    0.90

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    159.59M

  • Total Debt/Equity (mrq)

    272.73%

  • Levered Free Cash Flow (ttm)

    271.64M

Research Analysis: IRDM

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 212.77M
Earnings 24.45M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

30.00
40.60 Average
29.44 Current
50.00 High
 

Company Insights: IRDM

Research Reports: IRDM

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  • What does Argus have to say about IRDM?

    IRIDIUM COMMUNICATIONS INC has an Investment Rating of SELL; a target price of $25.000000; 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 Low.

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

    IRIDIUM COMMUNICATIONS INC has an Investment Rating of SELL; a target price of $25.000000; 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 Low.

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

    IRIDIUM COMMUNICATIONS INC has an Investment Rating of SELL; a target price of $25.000000; 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 Low.

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

    IRIDIUM COMMUNICATIONS INC has an Investment Rating of SELL; a target price of $25.000000; 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 Medium.

    Rating
    Price Target
     

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