Iridium Communications Inc logo

IRDM - Iridium Communications Inc Share Price

$29.02 -0.5  -1.8%

Last Trade - 11/08/20

Sector
Telecoms
Size
Large Cap
Market Cap £2.95bn
Enterprise Value £4.10bn
Revenue £436.2m
Position in Universe 1321st / 6376
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +2.09%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -9.54%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
408.6 411.4 433.6 448 523 560.4 560.7 597.1 +6.5%
-9.7 -11.4 +75.0 -17.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Iridium Communications Inc revenues increased 3% to $285.5M. Net loss applicable to common stockholders increased 9% to $44.1M. Revenues reflect Total service revenue increase of 5% to $229.3M. Higher net loss reflects Depreciation and amortization increase of 2% to $151.6M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.34 to -$0.33.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
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Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Iridium Communications Inc. is a commercial provider of communications services. The Company provides voice and data communications services to businesses, the United States (U.S) and foreign governments, non-governmental organizations and consumers through its satellite network, which has an architecture of approximately 66 operational satellites with in-orbit and ground spares and related ground infrastructure. Its products include Satellite Handsets, Broadband Data Devices, Voice and Data Modems, Internet of Things Data Devices and Iridium GO!. The Company’s principal line of business includes land mobile, maritime, aviation, Internet of things (IoT), hosted payloads and other data services, and (U.S) government. The land mobile users utilize its satellite communications services for voice and data, mobile and remote office connectivity, public safety and disaster relief and public telephone infrastructure. The Company also offers broadband data offering, Iridium Certus.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated November 2, 2007
Public Since February 15, 2008
No. of Shareholders: 111
No. of Employees: 497
Sector Telecoms
Industry Telecommunications Services
Index Nasdaq Composite , S&P 600 Small Cap , S&P Composite 1500 ,
Exchange NASDAQ Global Select Market
Shares in Issue 132,526,785
Free Float (0.0%)
Eligible for
ISAs
SIPPs
IRDM Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for IRDM
Upcoming Events for IRDM
Tuesday 27th October, 2020 Estimate
Q3 2020 Iridium Communications Inc Earnings Release
Frequently Asked Questions for Iridium Communications Inc
What is the Iridium Communications Inc share price?

As of 11/08/20, shares in Iridium Communications Inc are trading at $29.02, giving the company a market capitalisation of £2.95bn. This share price information is delayed by 15 minutes.

How has the Iridium Communications Inc share price performed this year?

Shares in Iridium Communications Inc are currently trading at $29.02 and the price has moved by 29.96% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Iridium Communications Inc price has moved by 13.17% over the past year.

What are the analyst and broker recommendations for Iridium Communications Inc?

Of the analysts with advisory recommendations for Iridium Communications Inc, there are there are currently 2 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Iridium Communications Inc is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Iridium Communications Inc next release its financial results?

Iridium Communications Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Iridium Communications Inc dividend yield?

Iridium Communications Inc does not currently pay a dividend.

Does Iridium Communications Inc pay a dividend?

Iridium Communications Inc does not currently pay a dividend.

When does Iridium Communications Inc next pay dividends?

Iridium Communications Inc does not currently pay a dividend.

How do I buy Iridium Communications Inc shares?

To buy shares in Iridium Communications Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Iridium Communications Inc?

Shares in Iridium Communications Inc are currently trading at $29.02, giving the company a market capitalisation of £2.95bn.

Where are Iridium Communications Inc shares listed? Where are Iridium Communications Inc shares listed?

Here are the trading details for Iridium Communications Inc:

Country of listing: United States
Exchange: NSQ
Ticker Symbol: IRDM
What kind of share is Iridium Communications Inc?

Based on an overall assessment of its quality, value and momentum, Iridium Communications Inc is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Iridium Communications Inc share price forecast 2020?

Shares in Iridium Communications Inc are currently priced at $29.02. At that level they are trading at 8.55% discount to the analyst consensus target price of 0.00.

Analysts covering Iridium Communications Inc currently have a consensus Earnings Per Share (EPS) forecast of -0.558 for the next financial year.

How can I tell whether the Iridium Communications Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Iridium Communications Inc. Over the past six months, the relative strength of its shares against the market has been -8.44%. At the current price of $29.02, shares in Iridium Communications Inc are trading at 16.03% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Iridium Communications Inc PE Ratio?

We were not able to find PE ratio data for Iridium Communications Inc.

Who are the key directors of Iridium Communications Inc?

Iridium Communications Inc's management team is headed by:

Robert Niehaus - CHM
Thomas Canfield - IND
Matthew Desch - CEO
Alvin Krongard - IND
Steven Pfeiffer - IND
Thomas Fitzpatrick - CFO
Thomas Hickey - SEC
Eric Olson - IND
Bryan Hartin - EVP
Scott Scheimreif - EVP
Jane Harman - IND
Suzanne McBride - COO
Who are the major shareholders of Iridium Communications Inc?

Here are the top five shareholders of Iridium Communications Inc based on the size of their shareholding:

BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 10.36% (13.7m shares)
Baralonco, Ltd. Corporation
Percentage owned: 10.26% (13.6m shares)
Baron Capital Management, Inc. Investment Advisor/Hedge Fund
Percentage owned: 9.8% (13.0m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 8.75% (11.6m shares)
Capital Research Global Investors Investment Advisor
Percentage owned: 7.01% (9.30m shares)
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