Our top pick for
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Iridium Communications Inc is a telecom services business based in the US. Iridium Communications shares (IRDM) are listed on the NASDAQ and all prices are listed in US Dollars. Iridium Communications employs 497 staff and has a trailing 12-month revenue of around USD$569.1 million.
Since the stock market crash in March caused by coronavirus, Iridium Communications's share price has had significant positive movement.
Its last market close was USD$31.53, which is 4.22% up on its pre-crash value of USD$30.2 and 86.90% up on the lowest point reached during the March crash when the shares fell as low as USD$16.87.
If you had bought USD$1,000 worth of Iridium Communications shares at the start of February 2020, those shares would have been worth USD$751.16 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,188.37.
|Latest market close||USD$31.53|
|52-week range||USD$16.87 - USD$32.08|
|50-day moving average||USD$27.4594|
|200-day moving average||USD$25.7519|
|Wall St. target price||USD$31.5|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-0.567|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-23)||-2.17%|
|1 month (2020-10-30)||19.39%|
|3 months (2020-08-28)||10.86%|
|6 months (2020-05-29)||37.09%|
|1 year (2019-11-29)||35.32%|
|2 years (2018-11-30)||32.04%|
|3 years (2017-11-30)||155.30%|
|5 years (2015-11-30)||285.92%|
Valuing Iridium Communications stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Iridium Communications's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Iridium Communications's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.42. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Iridium Communications's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Iridium Communications's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$326.9 million.
The EBITDA is a measure of a Iridium Communications's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$569.1 million|
|Operating margin TTM||4.51%|
|Gross profit TTM||USD$415.3 million|
|Return on assets TTM||0.44%|
|Return on equity TTM||-11.4%|
|Market capitalisation||USD$3.7 billion|
TTM: trailing 12 months
There are currently 6.4 million Iridium Communications shares held short by investors – that's known as Iridium Communications's "short interest". This figure is 4.6% up from 6.1 million last month.
There are a few different ways that this level of interest in shorting Iridium Communications shares can be evaluated.
Iridium Communications's "short interest ratio" (SIR) is the quantity of Iridium Communications shares currently shorted divided by the average quantity of Iridium Communications shares traded daily (recently around 845967.94701987). Iridium Communications's SIR currently stands at 7.55. In other words for every 100,000 Iridium Communications shares traded daily on the market, roughly 7550 shares are currently held short.
However Iridium Communications's short interest can also be evaluated against the total number of Iridium Communications shares, or, against the total number of tradable Iridium Communications shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Iridium Communications's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Iridium Communications shares in existence, roughly 50 shares are currently held short) or 0.0629% of the tradable shares (for every 100,000 tradable Iridium Communications shares, roughly 63 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Iridium Communications.
Find out more about how you can short Iridium Communications stock.
We're not expecting Iridium Communications to pay a dividend over the next 12 months.
Over the last 12 months, Iridium Communications's shares have ranged in value from as little as $16.87 up to $32.08. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Iridium Communications's is 1.396. This would suggest that Iridium Communications's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Iridium Communications Inc. provides mobile voice and data communications services and product to businesses, the United States and foreign 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 other services, such as 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 intelligence community, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the department of defense's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, 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. was founded in 2000 and is headquartered in McLean, Virginia.
Everything we know about the Sabic IPO, plus information on how to buy in.
Everything we know about the Compass IPO, plus information on how to buy in.
Everything we know about the Marqeta IPO, plus information on how to buy in.
Everything we know about the Pharming Group N.V. IPO, plus information on how to buy in.
Everything we know about the Metromile IPO, plus information on how to buy in.
Everything we know about the CN Energy Group IPO, plus information on how to buy in.
Everything we know about the Huadi International Group IPO, plus information on how to buy in.
Everything we know about the 908 Devices IPO, plus information on how to buy in.
Steps to owning and managing LEGH, with 24-hour and historical pricing before you buy.
Steps to owning and managing LAKE, with 24-hour and historical pricing before you buy.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.