Iridium Communications Inc (IRDM)

Iridium Communications (IRDM) Stock Price & Analysis


IRDM Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$42.70 - $68.01
Previous Close$48.34
Average Volume (3M)798.34K
Market Cap
Enterprise ValueN/A
Total Cash (Recent Filing)$103.46M
Total Debt (Recent Filing)$1.48B
Price to Earnings (P/E)-307.1
Oct 18, 2023
0.39 (0.8%)
Share Statistics
EPS (TTM)-0.16
Shares Outstanding125,050,662
10 Day Avg. Volume879,571
30 Day Avg. Volume798,340
Standard Deviation0.11
Financial Highlights & Ratios
Price to Book (P/B)6.31
Price to Sales (P/S)41.65
Price to Cash Flow (P/CF)17.40
P/FCF Ratio18.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.00
Enterprise Value/Gross Profit0.00
Enterprise Value/Ebitda0.00
Price Target Upside36.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5



Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Product Insights

Sorry, No Data Available
There is no website visitor data available for this stock.



What was Iridium Communications Inc’s price range in the past 12 months?
Iridium Communications Inc lowest stock price was $42.70 and its highest was $68.01 in the past 12 months.
    What is Iridium Communications Inc’s market cap?
    Currently, no data Available
    When is Iridium Communications Inc’s upcoming earnings report date?
    Iridium Communications Inc’s upcoming earnings report date is Oct 18, 2023 which is in 23 days.
      How were Iridium Communications Inc’s earnings last quarter?
      Iridium Communications Inc released its earnings results on Jul 25, 2023. The company reported -$0.24 earnings per share for the quarter, missing the consensus estimate of $0.043 by -$0.283.
        Is Iridium Communications Inc overvalued?
        According to Wall Street analysts Iridium Communications Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Iridium Communications Inc pay dividends?
          Iridium Communications Inc pays a Notavailable dividend of $0.13 which represents an annual dividend yield of 0.54%. See more information on Iridium Communications Inc dividends here
            What is Iridium Communications Inc’s EPS estimate?
            Iridium Communications Inc’s EPS estimate is $0.03.
              How many shares outstanding does Iridium Communications Inc have?
              Iridium Communications Inc has 125,050,660 shares outstanding.
                What happened to Iridium Communications Inc’s price movement after its last earnings report?
                Iridium Communications Inc reported an EPS of -$0.24 in its last earnings report, missing expectations of $0.043. Following the earnings report the stock price went down -15.652%.
                  Which hedge fund is a major shareholder of Iridium Communications Inc?
                  Among the largest hedge funds holding Iridium Communications Inc’s share is ARK Investment Management LLC. It holds Iridium Communications Inc’s shares valued at 96M.


                    Iridium Communications Stock Smart Score

                    The Iridium Communications stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                    Learn more about TipRanks Smart Score

                    Company Description

                    Iridium Communications Inc

                    Iridium Communications, Inc. is a mobile voice and data satellite communications network. Its satellite network provides communication where terrestrial wireless or wireline networks do not exist or are limited. The company's principal lines of business include Land Mobile, Maritime, Aviation, and Government. The Land Mobile business engages in the provision of mobile satellite communications services to the land mobile sector, providing handset services to areas not served or inconsistently served by existing terrestrial communications networks. The Maritime business provides broadband terminals, embedded devices and handsets. Its market space includes merchant shipping, fishing, research vessels and specialized water craft. The Aviation business provides mobile satellite communications services to the aviation sector. Its services are used in commercial and global government aviation applications, principally by corporate jets, corporate and government helicopter fleets, specialized general aviation fleets, such as medevac companies and fire suppression fleets, and high-end personal aircraft. The Government business line involves in the provision of mobile satellite communications services to the U.S. government, principally the Department of Defense. Its voice products are used for a variety of primary and backup communications solutions, including tactical operations, logistical, administrative, morale and welfare, and emergency communications. The firm's commercial services include: Postpaid Mobile Voice and Data Satellite Communications, Prepaid Mobile Voice Satellite Communications, Iridium PTT, Broadband Data, and Machine-to-Machine services. Iridium Communications was founded on November 2, 2007 and is headquartered in McLean, VA.


                    Top 5 ETFs holding IRDM

                    Market Value
                    Smart Score
                    Vanguard Total Stock Market ETF
                    Vanguard Russell 1000 Growth ETF
                    Vident Core US Equity Fund
                    Vanguard Russell 1000 ETF
                    Vanguard Russell 3000 ETF
                    Up to five ETFs with an Outperform Smart Score that hold IRDM. The ETFs are listed according to market value of IRDM within the ETF

                    Forecast EPS vs Actual EPS

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