Iridium Communications Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $47.28
- Today's High:
- $48.0299
- Open Price:
- $47.77
- 52W Low:
- $42.8145
- 52W High:
- $68.1942
- Prev. Close:
- $47.67
- Volume:
- 630985
Company Statistics
- Market Cap.:
- $5.96 billion
- Book Value:
- 7.999
- Revenue TTM:
- $776.28 million
- Operating Margin TTM:
- 5.65%
- Gross Profit TTM:
- $519.89 million
- Profit Margin:
- -2.53%
- Return on Assets TTM:
- 0.94%
- Return on Equity TTM:
- -1.8%
Company Profile
Iridium Communications Inc had its IPO on 2008-03-20 under the ticker symbol IRDM.
The company operates in the Communication Services sector and Telecom Services industry. Iridium Communications Inc has a staff strength of 658 employees.
Stock update
Shares of Iridium Communications Inc opened at $47.77 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $47.28 - $48.03, and closed at $47.63.
This is a -0.08% slip from the previous day's closing price.
A total volume of 630,985 shares were traded at the close of the day’s session.
In the last one week, shares of Iridium Communications Inc have slipped by -3.84%.
Iridium Communications Inc's Key Ratios
Iridium Communications Inc has a market cap of $5.96 billion, indicating a price to book ratio of 5.6606 and a price to sales ratio of 9.2887.
In the last 12-months Iridium Communications Inc’s revenue was $776.28 million with a gross profit of $519.89 million and an EBITDA of $348.85 million. The EBITDA ratio measures Iridium Communications Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Iridium Communications Inc’s operating margin was 5.65% while its return on assets stood at 0.94% with a return of equity of -1.8%.
In Q2, Iridium Communications Inc’s quarterly earnings growth was a positive 284.7% while revenue growth was a positive 10.4%.
Iridium Communications Inc’s PE and PEG Ratio
- Forward PE
- 833.3333
- Trailing PE
- 0
- PEG
- 1.42
Its diluted EPS in the last 12-months stands at $-0.16 per share while it has a forward price to earnings multiple of 833.3333 and a PEG multiple of 1.42. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Iridium Communications Inc’s profitability.
Iridium Communications Inc stock is trading at a EV to sales ratio of 11.4951 and a EV to EBITDA ratio of 21.1126. Its price to sales ratio in the trailing 12-months stood at 9.2887.
Iridium Communications Inc stock pays annual dividends of $0.26 per share, indicating a yield of 1.09% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $2.78 billion
- Total Liabilities
- $124.24 million
- Operating Cash Flow
- $-22382000.00
- Capital Expenditure
- $22.38 million
- Dividend Payout Ratio
- 0%
Iridium Communications Inc ended 2024 with $2.78 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.78 billion while shareholder equity stood at $1.00 billion.
Iridium Communications Inc ended 2024 with $176.58 million in deferred long-term liabilities, $124.24 million in other current liabilities, 125000.00 in common stock, $-170482000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $103.46 million and cash and short-term investments were $103.46 million. The company’s total short-term debt was $16,500,000 while long-term debt stood at $1.46 billion.
Iridium Communications Inc’s total current assets stands at $268.68 million while long-term investments were $70.36 million and short-term investments were $0. Its net receivables were $92.15 million compared to accounts payable of $24.85 million and inventory worth $55.76 million.
In 2024, Iridium Communications Inc's operating cash flow was $-22382000.00 while its capital expenditure stood at $22.38 million.
Comparatively, Iridium Communications Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $47.63
- 52-Week High
- $68.1942
- 52-Week Low
- $42.8145
- Analyst Target Price
- $67.4
Iridium Communications Inc stock is currently trading at $47.63 per share. It touched a 52-week high of $68.1942 and a 52-week low of $68.1942. Analysts tracking the stock have a 12-month average target price of $67.4.
Its 50-day moving average was $52.87 and 200-day moving average was $57.46 The short ratio stood at 2.65 indicating a short percent outstanding of 0%.
Around 1000.1% of the company’s stock are held by insiders while 8514.2% are held by institutions.
Frequently Asked Questions About Iridium Communications Inc
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About
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 intelligence 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.