Iridium Communications Inc (IRDM)
NASDAQ:IRDM

Iridium Communications Stock Analysis & Ratings

IRDM Stock Chart & Stats

Day’s Range$34.97 - $37.09
52-Week Range$31.73 - $48.95
Previous Close$35.82
Volume666.67K
Average Volume (3M)926.43K
Market Cap$4.59B
P/E Ratio-3350.5
Beta1.17
Next EarningsJul 27, 2022
Next Dividend Ex-DateN/A
Dividend YieldN/A
Smart Score2
EPS (TTM)-0.01


Financials

Yearly

P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

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Risk Analysis

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

Product Monthly Users

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

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IRDM FAQ

What was Iridium Communications’s price range in the past 12 months?
Iridium Communications lowest stock price was $31.73 and its highest was $48.95 in the past 12 months.
    What is Iridium Communications’s market cap?
    Iridium Communications’s market cap is $4.59B.
      What is Iridium Communications’s price target?
      The average price target for Iridium Communications is $48.00. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is $48.00 ,the lowest forecast is $48.00. The average price target represents 33.89% Increase from the current price of $35.85.
        What do analysts say about Iridium Communications?
        Iridium Communications’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 1 Wall Streets Analysts.
          When is Iridium Communications’s upcoming earnings report date?
          Iridium Communications’s upcoming earnings report date is Jul 27, 2022 which is in 67 days.
            How were Iridium Communications’s earnings last quarter?
            Iridium Communications released its earnings results on Apr 19, 2022. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01.
              Is Iridium Communications overvalued?
              According to Wall Street analysts Iridium Communications’s price is currently Undervalued.
                Does Iridium Communications pay dividends?
                Iridium Communications does not currently pay dividends.
                What is Iridium Communications’s EPS estimate?
                Iridium Communications’s EPS estimate for its next earnings report is not yet available.
                How many shares outstanding does Iridium Communications have?
                Iridium Communications has 127,990,000 shares outstanding.
                  What happened to Iridium Communications’s price movement after its last earnings report?
                  Iridium Communications reported an EPS of $0.02 in its last earnings report, beating expectations of $0.01. Following the earnings report the stock price went up 6.374%.
                    Which hedge fund is a major shareholder of Iridium Communications?
                    Among the largest hedge funds holding Iridium Communications’s share is ARK Investment Management LLC. It holds Iridium Communications’s shares valued at 95M.

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                      Iridium Communications Stock Analysis

                      Smart Score
                      2
                      Underperform
                      1
                      2
                      3
                      4
                      5
                      6
                      7
                      8
                      9
                      10
                      Price Target
                      $48.00
                      ▲(33.89% Upside)
                      Moderate Buy
                      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.

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