How to buy Iridium Communications (IRDM) shares in the UK

Learn how to easily invest in Iridium Communications shares.

Iridium Communications Inc (IRDM) is a publicly traded telecom services business based in the US. It opened the day at $38.76 after a previous close of $38.41. During the day the price has varied from a low of $38.45 to a high of $39.64. The latest price was $39.56 (25 minute delay). Iridium Communications is listed on the NASDAQ and employs 537 staff. All prices are listed in US Dollars.

How to buy shares in Iridium Communications

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: IRDM in this case.
  5. Research Iridium Communications shares. The platform should provide the latest information available.
  6. Buy your Iridium Communications shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Fees for buying 20x Iridium Communications shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
eToro Free Stocks logo £0 $10 £3.25
£652.58 total
Capital at risk
IG Share Dealing logo £0 £250 £11.49
£660.83 total
Capital at risk
Freetrade logo £0 £1 £2.92
£652.26 total
Capital at risk
Fineco logo £0 No minimum £6.49
£655.83 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £18.44
£667.78 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £0.65
£649.99 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £17.73
£667.07 total
Capital at risk
Stake logo £0 £50 £3.25
£652.58 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £17.62
£666.95 total
Capital at risk

Full comparison of share dealing platforms

Iridium Communications share price (NASDAQ:IRDM)

Use our graph to track the performance of IRDM stocks over time.

Iridium Communications price performance over time

Historical closes compared with the last close of $39.56

1 week (2022-11-29) -23.21%
1 month (2022-11-02) -21.35%
3 months (2022-09-02) -10.13%
1 year (2021-12-06) -0.60%
2 years (2020-12-04) 15.37%
3 years (2019-12-06) 67.56%
5 years (2017-12-06) 225.60%

Is it a good time to buy Iridium Communications stock?

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.

We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page.

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Other fees apply. Capital at risk

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Iridium Communications under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

P/E ratio

Iridium Communications's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1688x. In other words, Iridium Communications shares trade at around 1688x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

PEG ratio

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 PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

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.

EBITDA

Iridium Communications's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $372.5 million (£0.0 million).

The EBITDA is a measure of a Iridium Communications's overall financial performance and is widely used to measure a its profitability.

Iridium Communications shares at a glance

Information last updated 2021-07-09.
Open$38.76
High$39.64
Low$38.45
Close$39.56
Previous close$38.41
Change$1.15
Change %2.994%
Volume405,259
Information last updated 2022-12-06.
52-week range$31.73 - $53.61
50-day moving average$49.2986
200-day moving average$42.3313
Wall St. target price$57.75
PE ratio1687.6667
Dividend yield$0 (0%)
Earnings per share (TTM)$0.03

Iridium Communications share dividends

We're not expecting Iridium Communications to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

Share price volatility

Over the last 12 months, Iridium Communications's shares have ranged in value from as little as $31.73 up to $53.61. A popular way to gauge a stock's volatility is its "beta".

IRDM.US volatility(beta: 1.11)Avg. volatility(beta: 1.00)LowHigh

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 1.1131. This would suggest that Iridium Communications's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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