Iridium Communications Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 4/53 in the Telecommunications Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 28.78.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its 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
4 / 53
Overall Ranking
107 / 4592
Industry
Telecommunications Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
10
analysts
Buy
Current Rating
28.778
Target Price
+61.67%
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. operates the mobile voice and data satellite communications network that spans the entire globe. The Company enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, it delivers a portfolio of solutions for markets that require global communications. Its principal vertical lines of business include land mobile, maritime, aviation, IoT, hosted payloads and other data services, which includes navigation and timing (PNT), and the United States government. Its products include Iridium 9555, Iridium Extreme satellite phones, Iridium Extreme PTT, Iridium GO! Iridium GO!, and others. 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.
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 16.38, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 99.68M shares, decreasing 19.92% quarter-over-quarter.
Iridium Communications Inc. operates the mobile voice and data satellite communications network that spans the entire globe. The Company enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, it delivers a portfolio of solutions for markets that require global communications. Its principal vertical lines of business include land mobile, maritime, aviation, IoT, hosted payloads and other data services, which includes navigation and timing (PNT), and the United States government. Its products include Iridium 9555, Iridium Extreme satellite phones, Iridium Extreme PTT, Iridium GO! Iridium GO!, and others. 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.
Ticker SymbolIRDM
CompanyIridium Communications Inc
CEODesch (Matthew J)
Websitehttps://www.iridium.com/
FAQs
What is the current price of Iridium Communications Inc (IRDM)?
The current price of Iridium Communications Inc (IRDM) is 17.595.
What is the symbol of Iridium Communications Inc?
The ticker symbol of Iridium Communications Inc is IRDM.
What is the 52-week high of Iridium Communications Inc?
The 52-week high of Iridium Communications Inc is 34.450.
What is the 52-week low of Iridium Communications Inc?
The 52-week low of Iridium Communications Inc is 15.645.
What is the market capitalization of Iridium Communications Inc?
The market capitalization of Iridium Communications Inc is 1.84B.
What is the net income of Iridium Communications Inc?
The net income of Iridium Communications Inc is 112.78M.
Is Iridium Communications Inc (IRDM) currently rated as Buy, Hold, or Sell?
According to analysts, Iridium Communications Inc (IRDM) has an overall rating of Buy, with a price target of 28.778.
What is the Earnings Per Share (EPS TTM) of Iridium Communications Inc (IRDM)?
The Earnings Per Share (EPS TTM) of Iridium Communications Inc (IRDM) is 1.144.