Iridium Communications Stock Analysis
IRDM Stock | USD 31.37 1.68 5.66% |
Iridium Communications is undervalued with Real Value of 39.58 and Target Price of 64.67. The main objective of Iridium Communications stock analysis is to determine its intrinsic value, which is an estimate of what Iridium Communications is worth, separate from its market price. There are two main types of Iridium Communications' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Iridium Communications' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Iridium Communications' stock to identify patterns and trends that may indicate its future price movements.
The Iridium Communications stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Iridium Communications is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Iridium Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Iridium Communications' ongoing operational relationships across important fundamental and technical indicators.
Iridium |
Iridium Stock Analysis Notes
About 86.0% of the company shares are owned by institutional investors. The book value of Iridium Communications was currently reported as 7.02. The company has Price/Earnings To Growth (PEG) ratio of 1.42. Iridium Communications last dividend was issued on the 14th of March 2024. 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. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia. Iridium Comm operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 537 people. To learn more about Iridium Communications call Donald Thoma at 703 287 7400 or check out https://www.iridium.com.Iridium Communications Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Iridium Communications' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Iridium Communications or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Iridium Communications generated a negative expected return over the last 90 days | |
Iridium Communications has a strong financial position based on the latest SEC filings | |
Over 86.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: AHF Praises Colombia for Putting Lives Before Pharma Greed |
Iridium Communications Upcoming and Recent Events
Earnings reports are used by Iridium Communications to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Iridium Communications previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of February 2024 Upcoming Quarterly Report | View | |
18th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
15th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Iridium Largest EPS Surprises
Earnings surprises can significantly impact Iridium Communications' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2022-04-19 | 2022-03-31 | 0.0105 | 0.02 | 0.0095 | 90 | ||
2022-02-17 | 2021-12-31 | -0.03 | -0.04 | -0.01 | 33 | ||
2021-10-19 | 2021-09-30 | -0.02 | -0.01 | 0.01 | 50 |
Iridium Communications Thematic Classifications
In addition to having Iridium Communications stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ISPInternet Service Providers | ||
ElectronicsElectronic manufacturers | ||
WirelessWireless technology and communications | ||
Communication ServicesNetworking, telecom, long distance carriers, and other communication services |
Iridium Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Iridium Communications is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Iridium Communications backward and forwards among themselves. Iridium Communications' institutional investor refers to the entity that pools money to purchase Iridium Communications' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Northern Trust Corp | 2023-12-31 | 1.8 M | Nikko Asset Management Americas Inc | 2023-12-31 | 1.7 M | Sumitomo Mitsui Trust Holdings Inc | 2023-12-31 | 1.7 M | Amvescap Plc. | 2023-12-31 | 1.7 M | Capital World Investors | 2023-12-31 | 1.6 M | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2023-12-31 | 1.6 M | Norges Bank | 2023-12-31 | 1.3 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.3 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 1.3 M | Bamco Inc | 2023-12-31 | 14 M | Vanguard Group Inc | 2023-12-31 | 11.8 M |
Iridium Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Iridium Communications's market, we take the total number of its shares issued and multiply it by Iridium Communications's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Iridium Profitablity
Iridium Communications' profitability indicators refer to fundamental financial ratios that showcase Iridium Communications' ability to generate income relative to its revenue or operating costs. If, let's say, Iridium Communications is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Iridium Communications' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Iridium Communications' profitability requires more research than a typical breakdown of Iridium Communications' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.24 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.24. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.01 | 0.01 | |
Return On Capital Employed | 0.03 | 0.02 | |
Return On Assets | 0.01 | 0.01 | |
Return On Equity | 0.02 | 0.02 |
Management Efficiency
Iridium Communications has return on total asset (ROA) of 0.0325 % which means that it generated a profit of $0.0325 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0261 %, meaning that it created $0.0261 on every $100 dollars invested by stockholders. Iridium Communications' management efficiency ratios could be used to measure how well Iridium Communications manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Iridium Communications' Return On Tangible Assets are very stable compared to the past year. As of the 27th of April 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.02. At this time, Iridium Communications' Asset Turnover is very stable compared to the past year.Last Reported | Projected for Next Year | ||
Book Value Per Share | 7.07 | 8.46 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 6.74 | 7.64 | |
Enterprise Value Over EBITDA | 16.22 | 17.03 | |
Price Book Value Ratio | 5.82 | 5.53 | |
Enterprise Value Multiple | 16.22 | 17.03 | |
Price Fair Value | 5.82 | 5.53 | |
Enterprise Value | 1.8 B | 1.9 B |
The analysis of Iridium Communications' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Iridium Communications' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Iridium Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0178 | Forward Dividend Yield 0.0178 | Forward Dividend Rate 0.52 | Beta 0.845 |
Technical Drivers
As of the 27th of April, Iridium Communications retains the Market Risk Adjusted Performance of (0.19), standard deviation of 2.69, and Risk Adjusted Performance of (0.03). Iridium Communications technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down thirteen technical drivers for Iridium Communications, which can be compared to its competitors. Please check out Iridium Communications standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Iridium Communications is priced fairly, providing market reflects its last-minute price of 31.37 per share. Given that Iridium Communications has information ratio of (0.10), we strongly advise you to confirm Iridium Communications's regular market performance to make sure the company can sustain itself at a future point.Iridium Communications Price Movement Analysis
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Iridium Communications middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Iridium Communications. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Iridium Communications Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Iridium Communications insiders, such as employees or executives, is commonly permitted as long as it does not rely on Iridium Communications' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Iridium Communications insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Thomas Canfield over three weeks ago Acquisition by Thomas Canfield of 991 shares of Iridium Communications subject to Rule 16b-3 | ||
Yeaney Jacqueline E over three months ago Acquisition by Yeaney Jacqueline E of tradable shares of Iridium Communications subject to Rule 16b-3 | ||
Yeaney Jacqueline E over six months ago Acquisition by Yeaney Jacqueline E of tradable shares of Iridium Communications subject to Rule 16b-3 | ||
Barry West over a year ago Acquisition by Barry West of tradable shares of Iridium Communications subject to Rule 16b-3 |
Iridium Communications Predictive Daily Indicators
Iridium Communications intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Iridium Communications stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 148013.0 | |||
Daily Balance Of Power | 0.8442 | |||
Rate Of Daily Change | 1.06 | |||
Day Median Price | 30.84 | |||
Day Typical Price | 31.01 | |||
Price Action Indicator | 1.38 | |||
Period Momentum Indicator | 1.68 |
Iridium Communications Corporate Filings
8K | 18th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 3rd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 2nd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
1st of April 2024 Other Reports | ViewVerify | |
8K | 27th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 18th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
12th of March 2024 Other Reports | ViewVerify | |
F4 | 8th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Iridium Communications Forecast Models
Iridium Communications' time-series forecasting models are one of many Iridium Communications' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Iridium Communications' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Iridium Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Iridium Communications prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Iridium shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Iridium Communications. By using and applying Iridium Stock analysis, traders can create a robust methodology for identifying Iridium entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.01) | (0.01) | |
Operating Profit Margin | 0.10 | 0.17 | |
Net Profit Margin | 0.02 | 0.03 | |
Gross Profit Margin | 0.72 | 0.56 |
Current Iridium Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Iridium analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Iridium analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
64.67 | Strong Buy | 7 | Odds |
Most Iridium analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Iridium stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Iridium Communications, talking to its executives and customers, or listening to Iridium conference calls.
Iridium Stock Analysis Indicators
Iridium Communications stock analysis indicators help investors evaluate how Iridium Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Iridium Communications shares will generate the highest return on investment. By understating and applying Iridium Communications stock analysis, traders can identify Iridium Communications position entry and exit signals to maximize returns.
Begin Period Cash Flow | 168.8 M | |
Long Term Debt | 1.5 B | |
Common Stock Shares Outstanding | 127.2 M | |
Total Stockholder Equity | 888.1 M | |
Tax Provision | -26.3 M | |
Quarterly Earnings Growth Y O Y | 1.074 | |
Property Plant And Equipment Net | 2.2 B | |
Cash And Short Term Investments | 71.9 M | |
Cash | 71.9 M | |
Accounts Payable | 28.7 M | |
Net Debt | 1.4 B | |
50 Day M A | 27.5484 | |
Total Current Liabilities | 131.6 M | |
Other Operating Expenses | 709.1 M | |
Non Current Assets Total | 2.4 B | |
Forward Price Earnings | 28.9855 | |
Non Currrent Assets Other | -27.9 M | |
Stock Based Compensation | 57.5 M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iridium Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.Note that the Iridium Communications information on this page should be used as a complementary analysis to other Iridium Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Iridium Stock analysis
When running Iridium Communications' price analysis, check to measure Iridium Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iridium Communications is operating at the current time. Most of Iridium Communications' value examination focuses on studying past and present price action to predict the probability of Iridium Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iridium Communications' price. Additionally, you may evaluate how the addition of Iridium Communications to your portfolios can decrease your overall portfolio volatility.
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Is Iridium Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iridium Communications. If investors know Iridium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iridium Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.074 | Dividend Share 0.52 | Earnings Share 0.2 | Revenue Per Share 6.334 | Quarterly Revenue Growth (0.01) |
The market value of Iridium Communications is measured differently than its book value, which is the value of Iridium that is recorded on the company's balance sheet. Investors also form their own opinion of Iridium Communications' value that differs from its market value or its book value, called intrinsic value, which is Iridium Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iridium Communications' market value can be influenced by many factors that don't directly affect Iridium Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iridium Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iridium Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iridium Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.