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NASDAQ: IRDM
Iridium Communications Inc Stock

$29.10-0.40 (-1.36%)
Updated Feb 22, 2024
IRDM Price
$29.10
Fair Value Price
$71.69
Market Cap
$3.56B
52 Week Low
$28.50
52 Week High
$68.34
P/E
242.5x
P/B
4.01x
P/S
6.54x
PEG
2.49x
Dividend Yield
1.79%
Revenue
$790.72M
Earnings
$15.42M
Gross Margin
71.5%
Operating Margin
10.06%
Profit Margin
1.9%
Debt to Equity
2
Operating Cash Flow
$315M
Beta
1.15
Next Earnings
Apr 18, 2024
Ex-Dividend
Mar 14, 2024
Next Dividend
Mar 29, 2024

IRDM 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. 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, 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.

Zen Score

Industry Average (29)
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Due Diligence Checks

IRDM ($29.10) is undervalued by 59.41% relative to our estimate of its Fair Value price of $71.69 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
IRDM ($29.10) is significantly undervalued by 59.41% relative to our estimate of its Fair Value price of $71.69 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
IRDM ($29.10) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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IRDM News

Valuation

IRDM fair value

Fair Value of IRDM stock based on Discounted Cash Flow (DCF)
Price
$29.10
Fair Value
$71.69
Undervalued by
59.41%
IRDM ($29.10) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
IRDM ($29.10) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
IRDM ($29.10) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

IRDM price to earnings (PE)

For valuing profitable companies with steady earnings
Company
242.5x
Industry
113.22x
Market
31.94x
IRDM is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
IRDM is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

IRDM price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
4.01x
Industry
1.62x
IRDM is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

IRDM price to earnings growth (PEG)

For valuing profitable companies with growth potential
IRDM is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

IRDM's financial health

Profit margin

Revenue
$194.7M
Net Income
$38.0M
Profit Margin
19.5%
IRDM's Earnings (EBIT) of $79.55M... subscribe to Premium to read more.
Interest Coverage Financials
IRDM's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.7B
Liabilities
$1.8B
Debt to equity
2
IRDM's short-term assets ($271.08M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
IRDM's long-term liabilities ($1.64B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
IRDM's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
IRDM's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$87.8M
Investing
-$16.2M
Financing
-$68.7M
IRDM's operating cash flow ($314.91M)... subscribe to Premium to read more.
Debt Coverage Financials

IRDM vs Telecom Stocks

TickerMarket Cap1d %P/EP/B
IRDM$3.56B-1.36%242.50x4.01x
TEO$3.42B+3.66%-3.37x0.88x
CCOI$3.77B+0.52%3.41x8.52x
GSAT$3.06B-0.62%N/A7.98x
USM$2.83B+0.30%51.95x0.61x

Iridium Communications Stock FAQ

What is Iridium Communications's quote symbol?

(NASDAQ: IRDM) Iridium Communications trades on the NASDAQ under the ticker symbol IRDM. Iridium Communications stock quotes can also be displayed as NASDAQ: IRDM.

If you're new to stock investing, here's how to buy Iridium Communications stock.

What is the 52 week high and low for Iridium Communications (NASDAQ: IRDM)?

(NASDAQ: IRDM) Iridium Communications's 52-week high was $68.34, and its 52-week low was $28.50. It is currently -57.42% from its 52-week high and 2.11% from its 52-week low.

How much is Iridium Communications stock worth today?

(NASDAQ: IRDM) Iridium Communications currently has 122,446,386 outstanding shares. With Iridium Communications stock trading at $29.10 per share, the total value of Iridium Communications stock (market capitalization) is $3.56B.

Iridium Communications stock was originally listed at a price of $9.08 in Mar 20, 2008. If you had invested in Iridium Communications stock at $9.08, your return over the last 15 years would have been 220.48%, for an annualized return of 8.07% (not including any dividends or dividend reinvestments).

How much is Iridium Communications's stock price per share?

(NASDAQ: IRDM) Iridium Communications stock price per share is $29.10 today (as of Feb 22, 2024).

What is Iridium Communications's Market Cap?

(NASDAQ: IRDM) Iridium Communications's market cap is $3.56B, as of Feb 23, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Iridium Communications's market cap is calculated by multiplying IRDM's current stock price of $29.10 by IRDM's total outstanding shares of 122,446,386.
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