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irdm-img

Iridium Communications Inc, Common Stock

IRDM

NSQ

$31.37

+$1.68

(5.66%)

1D
Industry: Diversified Telecommunication Services Sector: Communication Services

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$3.81B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
156.3
Volume info-icon
This is the total number of shares traded during the most recent trading day.
2.37M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
1.40M
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
1.78%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0.84
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$24.14 L
$64.87 H
$31.37

About Iridium Communications Inc, Common Stock

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. more

Industry: Diversified Telecommunication ServicesSector: Communication Services

Returns

Time FrameIRDMSectorS&P500
1-Week Return14.49%0.81%1.64%
1-Month Return22.59%-1.55%-2.94%
3-Month Return-13.71%3.41%3.53%
6-Month Return-14.09%27.17%22.95%
1-Year Return-49.43%44.05%26.43%
3-Year Return-17.43%7.43%26.19%
5-Year Return16.96%64.96%86.42%
10-Year Return373.77%68.9%224.48%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue560.44M583.44M614.50M721.03M790.72M[{"date":"2019-12-31","value":70.88,"profit":true},{"date":"2020-12-31","value":73.79,"profit":true},{"date":"2021-12-31","value":77.71,"profit":true},{"date":"2022-12-31","value":91.19,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Cost of Revenue145.14M142.69M150.40M201.15M225.12M[{"date":"2019-12-31","value":64.47,"profit":true},{"date":"2020-12-31","value":63.39,"profit":true},{"date":"2021-12-31","value":66.81,"profit":true},{"date":"2022-12-31","value":89.35,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Profit415.30M440.75M464.10M519.88M565.60M[{"date":"2019-12-31","value":73.43,"profit":true},{"date":"2020-12-31","value":77.92,"profit":true},{"date":"2021-12-31","value":82.05,"profit":true},{"date":"2022-12-31","value":91.92,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Margin74.10%75.54%75.53%72.10%71.53%[{"date":"2019-12-31","value":98.09,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":99.98,"profit":true},{"date":"2022-12-31","value":95.45,"profit":true},{"date":"2023-12-31","value":94.69,"profit":true}]
Operating Expenses405.18M405.26M417.79M443.21M483.98M[{"date":"2019-12-31","value":83.72,"profit":true},{"date":"2020-12-31","value":83.74,"profit":true},{"date":"2021-12-31","value":86.32,"profit":true},{"date":"2022-12-31","value":91.58,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Operating Income10.12M35.48M46.31M76.68M81.63M[{"date":"2019-12-31","value":12.4,"profit":true},{"date":"2020-12-31","value":43.47,"profit":true},{"date":"2021-12-31","value":56.74,"profit":true},{"date":"2022-12-31","value":93.94,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Total Non-Operating Income/Expense(343.63M)(218.72M)(149.11M)(132.75M)(86.38M)[{"date":"2019-12-31","value":-34363500000,"profit":false},{"date":"2020-12-31","value":-21871800000,"profit":false},{"date":"2021-12-31","value":-14910800000,"profit":false},{"date":"2022-12-31","value":-13275400000,"profit":false},{"date":"2023-12-31","value":-8637500000,"profit":false}]
Pre-Tax Income(218.12M)(88.96M)(28.89M)9.01M(4.75M)[{"date":"2019-12-31","value":-2419.78,"profit":false},{"date":"2020-12-31","value":-986.95,"profit":false},{"date":"2021-12-31","value":-320.48,"profit":false},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":-52.66,"profit":false}]
Income Taxes(56.12M)(32.91M)(19.57M)292.00K(26.25M)[{"date":"2019-12-31","value":-19219.18,"profit":false},{"date":"2020-12-31","value":-11270.55,"profit":false},{"date":"2021-12-31","value":-6701.71,"profit":false},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":-8990.07,"profit":false}]
Income After Taxes(162.00M)(56.05M)(9.32M)8.72M21.50M[{"date":"2019-12-31","value":-753.34,"profit":false},{"date":"2020-12-31","value":-260.67,"profit":false},{"date":"2021-12-31","value":-43.34,"profit":false},{"date":"2022-12-31","value":40.56,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income From Continuous Operations(162.00M)(56.05M)(9.32M)8.72M15.41M[{"date":"2019-12-31","value":-1050.92,"profit":false},{"date":"2020-12-31","value":-363.63,"profit":false},{"date":"2021-12-31","value":-60.45,"profit":false},{"date":"2022-12-31","value":56.58,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
Net Income(162.00M)(56.05M)(9.32M)8.72M15.41M[{"date":"2019-12-31","value":-1050.92,"profit":false},{"date":"2020-12-31","value":-363.63,"profit":false},{"date":"2021-12-31","value":-60.45,"profit":false},{"date":"2022-12-31","value":56.58,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
EPS (Diluted)(1.30)(0.42)(0.06)0.070.12[{"date":"2019-12-31","value":-1083.33,"profit":false},{"date":"2020-12-31","value":-350,"profit":false},{"date":"2021-12-31","value":-50,"profit":false},{"date":"2022-12-31","value":58.33,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

IRDM
Cash Ratio 1.54
Current Ratio 3.33
Quick Ratio 2.52

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

IRDM
ROA (LTM) 3.25%
ROE (LTM) 2.61%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

IRDM
Debt Ratio Lower is generally better. Negative is bad. 0.69
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.31
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 3.20

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

IRDM
Trailing PE 146.40
Forward PE 28.99
P/S (TTM) 3.80
P/B 3.38
Price/FCF 63
EV/R 5.58
EV/Ebitda 10.88
PEG 2.17

News

3 Value Stocks to Buy at 52-Week Lows

Not all value stocks are equal. Investors looking at these value stocks at 52-week lows may think they’re among the worst picks in today’s market. But, in the case of these three companies, their 52-week lows mark a potential pivot point. Each has unique bullish tailwinds building behind them, whether imminent news or corporate strategic realignment, that supports a thesis that they’ll soon break free from their downward momentum. At the same time, each is the quintessential value stock and prioritizes profitability over rapid, outsized and unsustainable growth. To that end, each offers a decent yield via dividends and buybacks to boot, meaning investors holding these value stocks at 52-week lows can reap income rewards in the meantime — and use those dividends to dollar-cost average into a larger position. Sturm Ruger (RGR) Source: Susan Law Cain / Shutterstock.com Gun sales typically peak in election years. Accordingly, Sturm Ruger (NYSE: RGR ) is well-positioned as a small-cap value stock to capitalize on this trend despite sitting at 52-week lows today.

27 Apr, 2024 a 11:00 am InvestorPlace

Iridium shares leap on revenue beat By Investing.com

MCLEAN, Va. – Iridium Communications Inc. (NASDAQ:) saw its shares surge by 7.5% following the announcement of its first-quarter financial results for 2024, which revealed a revenue beat against analyst expectations. The company, known for its global voice and data satellite communications, reported a net income of $19.7 million, or $0.16 per diluted share, consistent […] The post Iridium shares leap on revenue beat By Investing.com appeared first on TheAdviserMagazine.com .

18 Apr, 2024 a 6:36 pm TheAdviserMagazine.com

IRDM Stock Earnings: Iridium Comms Beats EPS, Beats Revenue for Q1 2024

Iridium Comms (NASDAQ: IRDM ) just reported results for the first quarter of 2024. Iridium Comms reported earnings per share of 16 cents. This was above the analyst estimate for EPS of 15 cents. The company reported revenue of $203.85 million. This was 5.21% better than the analyst estimate for revenue of $193.75 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. It doesn’t matter if you have $500 or $5 million.

18 Apr, 2024 a 3:53 pm InvestorPlace

Iridium Communications Inc. (IRDM) Q1 2024 Earnings: Surpasses Revenue and EPS Estimates

Iridium Communications Inc. (IRDM) Q1 2024 Earnings: Surpasses Revenue and EPS Estimates

18 Apr, 2024 a 12:31 pm GuruFocus

Iridium Communications Inc. Q1 Profit Advances, Beats estimates

WASHINGTON (dpa-AFX) - Iridium Communications Inc. (IRDM) released earnings for its first quarter that increased from the same period last year and beat the Street estimates.The company''s earnings…

18 Apr, 2024 a 11:24 am Finanz Nachrichten

FAQs

What is Iridium Communications Inc share price today?

Iridium Communications Inc (IRDM) share price today is $31.37

Can Indians buy Iridium Communications Inc shares?

Yes, Indians can buy shares of Iridium Communications Inc (IRDM) on Vested. To buy Iridium Communications Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in IRDM stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Iridium Communications Inc be purchased?

Yes, you can purchase fractional shares of Iridium Communications Inc (IRDM) via the Vested app. You can start investing in Iridium Communications Inc (IRDM) with a minimum investment of $1.

How to invest in Iridium Communications Inc shares from India?

You can invest in shares of Iridium Communications Inc (IRDM) via Vested in three simple steps:

  • Click on Sign Up or Invest in IRDM stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Iridium Communications Inc shares
What is Iridium Communications Inc 52-week high and low stock price?

The 52-week high price of Iridium Communications Inc (IRDM) is $64.87. The 52-week low price of Iridium Communications Inc (IRDM) is $24.14.

What is Iridium Communications Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Iridium Communications Inc (IRDM) is 156.3

What is Iridium Communications Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Iridium Communications Inc (IRDM) is 3.38

What is Iridium Communications Inc dividend yield?

The dividend yield of Iridium Communications Inc (IRDM) is 1.78%

What is the Market Cap of Iridium Communications Inc?

The market capitalization of Iridium Communications Inc (IRDM) is $3.81B

What is Iridium Communications Inc’s stock symbol?

The stock symbol (or ticker) of Iridium Communications Inc is IRDM

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