The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Iridium Communications Inc's Score
Industry at a Glance
Industry Ranking
18 / 54
Overall Ranking
145 / 4621
Industry
Telecommunications Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
10
analysts
Buy
Current Rating
28.778
Target Price
+69.98%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Iridium Communications Inc Highlights
StrengthsRisks
Iridium Communications Inc. is a commercial provider of communications services. The Company is engaged in providing mobile voice and data communications services using a constellation of orbiting satellites. It provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure. It utilizes an interlinked mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. It serves market, such as emergency services, maritime, aviation, government, utilities, oil and gas, mining, recreation, forestry, heavy equipment, construction, railways and other transportation. Its products include Satellite Handsets and Iridium GO!, Broadband Data Devices, Voice and Data Modems and Internet of Things Data Devices.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 15.21% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 830.68M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 58.47%.
Undervalued
The company’s latest PE is 15.42, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 100.96M shares, decreasing 17.15% quarter-over-quarter.
Iridium Communications Inc. is a commercial provider of communications services. The Company is engaged in providing mobile voice and data communications services using a constellation of orbiting satellites. It provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure. It utilizes an interlinked mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. It serves market, such as emergency services, maritime, aviation, government, utilities, oil and gas, mining, recreation, forestry, heavy equipment, construction, railways and other transportation. Its products include Satellite Handsets and Iridium GO!, Broadband Data Devices, Voice and Data Modems and Internet of Things Data Devices.