IRDM Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
Iridium Communications Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.65 |
| 52 Week High | US$68.34 |
| 52 Week Low | US$24.17 |
| Beta | 0.85 |
| 1 Month Change | -8.70% |
| 3 Month Change | -34.87% |
| 1 Year Change | -59.01% |
| 3 Year Change | -35.92% |
| 5 Year Change | -7.33% |
| Change since IPO | 171.48% |
Recent News & Updates
Recent updates
Iridium Communications (NASDAQ:IRDM) Has A Pretty Healthy Balance Sheet
Mar 24
Iridium Communications Is Nearing Buy Territory
Feb 26Solid Earnings Reflect Iridium Communications' (NASDAQ:IRDM) Strength As A Business
Feb 22Some Shareholders Feeling Restless Over Iridium Communications Inc.'s (NASDAQ:IRDM) P/S Ratio
Feb 05We Like These Underlying Return On Capital Trends At Iridium Communications (NASDAQ:IRDM)
Jan 21Is Iridium Communications Inc. (NASDAQ:IRDM) Potentially Undervalued?
Jan 05Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly
Dec 04Iridium Communications (NASDAQ:IRDM) Will Be Hoping To Turn Its Returns On Capital Around
Oct 02Is Iridium Communications (NASDAQ:IRDM) Using Too Much Debt?
Sep 05At US$60.97, Is It Time To Put Iridium Communications Inc. (NASDAQ:IRDM) On Your Watch List?
Jul 24Iridium Communications (NASDAQ:IRDM) Has More To Do To Multiply In Value Going Forward
Jun 08Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly
May 24Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)
May 05Should You Think About Buying Iridium Communications Inc. (NASDAQ:IRDM) Now?
Apr 17Shareholders Will Be Pleased With The Quality of Iridium Communications' (NASDAQ:IRDM) Earnings
Feb 23Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly
Feb 09Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)
Jan 18Iridium Communications' (NASDAQ:IRDM) Returns On Capital Not Reflecting Well On The Business
Dec 06Iridium Communications Q3 2022 Earnings Preview
Oct 19Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly
Oct 17Iridium Communications Inc. (NASDAQ:IRDM) Shares Could Be 50% Below Their Intrinsic Value Estimate
Sep 29Iridium announces ninth SpaceX launch
Sep 08Capital Allocation Trends At Iridium Communications (NASDAQ:IRDM) Aren't Ideal
Sep 04Iridium Communications: A Great Company At A Fair Price
Aug 03Iridium Communications Q2 2022 Earnings Preview
Jul 25Does Iridium Communications (NASDAQ:IRDM) Have A Healthy Balance Sheet?
Jul 16Iridium Communications' (NASDAQ:IRDM) Returns On Capital Tell Us There Is Reason To Feel Uneasy
May 22Iridium Communications: An Even Better Way To Play The Space Economy Today
May 15Iridium Communications (NASDAQ:IRDM) Has A Pretty Healthy Balance Sheet
Mar 30Shareholder Returns
| IRDM | US Telecom | US Market | |
|---|---|---|---|
| 7D | -3.0% | -4.4% | -3.1% |
| 1Y | -59.0% | -8.5% | 20.9% |
Return vs Industry: IRDM underperformed the US Telecom industry which returned -8.7% over the past year.
Return vs Market: IRDM underperformed the US Market which returned 22.4% over the past year.
Price Volatility
| IRDM volatility | |
|---|---|
| IRDM Average Weekly Movement | 5.4% |
| Telecom Industry Average Movement | 6.8% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: IRDM's share price has been volatile over the past 3 months.
Volatility Over Time: IRDM's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 763 | Matt Desch | www.iridium.com |
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.
Iridium Communications Inc. Fundamentals Summary
| IRDM fundamental statistics | |
|---|---|
| Market cap | US$3.00b |
| Earnings (TTM) | US$15.42m |
| Revenue (TTM) | US$790.72m |
194.6x
P/E Ratio3.8x
P/S RatioIs IRDM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IRDM income statement (TTM) | |
|---|---|
| Revenue | US$790.72m |
| Cost of Revenue | US$225.12m |
| Gross Profit | US$565.60m |
| Other Expenses | US$550.19m |
| Earnings | US$15.42m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 18, 2024
| Earnings per share (EPS) | 0.13 |
| Gross Margin | 71.53% |
| Net Profit Margin | 1.95% |
| Debt/Equity Ratio | 166.9% |
How did IRDM perform over the long term?
See historical performance and comparison