Is Iridium Communications Stock a Good Investment?
Iridium Communications Investment Advice | IRDM |
- Examine Iridium Communications' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Iridium Communications' leadership team and their track record. Good management can help Iridium Communications navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Telecommunication Services space and any emerging trends that could impact Iridium Communications' business and its evolving consumer preferences.
- Compare Iridium Communications' performance and market position to its competitors. Analyze how Iridium Communications is positioned in terms of product offerings, innovation, and market share.
- Check if Iridium Communications pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Iridium Communications' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Iridium Communications stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Iridium Communications is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Iridium Communications Stock
Researching Iridium Communications' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 87.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.42. Iridium Communications last dividend was issued on the 16th of December 2024.
To determine if Iridium Communications is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Iridium Communications' research are outlined below:
| Iridium Communications has a strong financial position based on the latest SEC filings | |
| Over 87.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Twilio announces chief legal officers resignation |
Iridium Communications Quarterly Liabilities And Stockholders Equity |
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Iridium Communications uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Iridium Communications. Every quarterly earnings report provides investors with 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 |
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. Below are the table of largest EPS Surprises Iridium Communications' investors have experienced.
| 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 | ||
2021-04-20 | 2021-03-31 | -0.05 | -0.04 | 0.01 | 20 | ||
2021-02-11 | 2020-12-31 | -0.08 | -0.06 | 0.02 | 25 | ||
2018-07-31 | 2018-06-30 | -0.04 | -0.06 | -0.02 | 50 | ||
2017-07-27 | 2017-06-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2016-02-25 | 2015-12-31 | 0.18 | 0.2 | 0.02 | 11 |
Know Iridium Communications' Top 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 | Victory Capital Management Inc. | 2024-09-30 | 1.6 M | Northern Trust Corp | 2024-09-30 | 1.5 M | Schroder Investment Management Group | 2024-09-30 | 1.5 M | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2024-09-30 | 1.5 M | Norges Bank | 2024-06-30 | 1.5 M | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 1.5 M | T. Rowe Price Associates, Inc. | 2024-09-30 | 1.4 M | Aqr Capital Management Llc | 2024-09-30 | 1.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.1 M | Blackrock Inc | 2024-06-30 | 11.7 M | Bamco Inc | 2024-09-30 | 11.1 M |
Iridium Communications' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.44 B.Market Cap |
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Iridium Communications' profitablity analysis
| 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 |
Determining Iridium Communications' profitability involves analyzing its financial statements and using various financial metrics to determine if Iridium Communications is a good buy. For example, gross profit margin measures Iridium Communications' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Iridium Communications' profitability and make more informed investment decisions.
Evaluate Iridium Communications' management efficiency
Iridium Communications has return on total asset (ROA) of 0.0452 % which means that it generated a profit of $0.0452 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1441 %, meaning that it created $0.1441 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 17th of December 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 | |
| Tangible Book Value Per Share | 6.74 | 7.64 | |
| Enterprise Value Over EBITDA | 17.31 | 18.18 | |
| Price Book Value Ratio | 5.82 | 5.53 | |
| Enterprise Value Multiple | 17.31 | 18.18 | |
| Price Fair Value | 5.82 | 5.53 | |
| Enterprise Value | 1.8 B | 1.9 B |
Management at Iridium Communications focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Dividend Yield 0.0185 | Forward Dividend Yield 0.0185 | Forward Dividend Rate 0.56 | Beta 0.645 |
Basic technical analysis of Iridium Stock
As of the 17th of December 2024, Iridium Communications retains the Risk Adjusted Performance of 0.0638, downside deviation of 3.03, and Market Risk Adjusted Performance of 0.2054. 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. Please check out Iridium Communications information ratio, as well as the relationship between the value at risk and expected short fall to decide if Iridium Communications is priced fairly, providing market reflects its last-minute price of 29.37 per share. Given that Iridium Communications has jensen alpha of 0.1262, 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' 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.
Matthew Desch over three months ago Disposition of 4484 shares by Matthew Desch of Iridium Communications at 25.8 subject to Rule 16b-3 | ||
Kathleen Morgan over three months ago Disposition of 647 shares by Kathleen Morgan of Iridium Communications at 26.62 subject to Rule 16b-3 | ||
Matthew Desch over six months ago Disposition of 4484 shares by Matthew Desch of Iridium Communications at 30.11 subject to Rule 16b-3 | ||
Thomas Canfield over six months ago Acquisition by Thomas Canfield of 991 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 | ||
Yeaney Jacqueline E over a year 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' Outstanding Corporate Bonds
Iridium Communications issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Iridium Communications uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Iridium bonds can be classified according to their maturity, which is the date when Iridium Communications has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US462613AP51 Corp BondUS462613AP51 | View | |
| IQVIA Holdings 5 Corp BondUS46266TAA60 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Iridium Communications' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Iridium Communications' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0638 | |||
| Market Risk Adjusted Performance | 0.2054 | |||
| Mean Deviation | 2.01 | |||
| Semi Deviation | 2.76 | |||
| Downside Deviation | 3.03 | |||
| Coefficient Of Variation | 1279.84 | |||
| Standard Deviation | 2.76 | |||
| Variance | 7.6 | |||
| Information Ratio | 0.0472 | |||
| Jensen Alpha | 0.1262 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.043 | |||
| Treynor Ratio | 0.1954 | |||
| Maximum Drawdown | 17.06 | |||
| Value At Risk | (4.51) | |||
| Potential Upside | 3.31 | |||
| Downside Variance | 9.16 | |||
| Semi Variance | 7.63 | |||
| Expected Short fall | (1.87) | |||
| Skewness | 0.4169 | |||
| Kurtosis | 2.95 |
| Risk Adjusted Performance | 0.0638 | |||
| Market Risk Adjusted Performance | 0.2054 | |||
| Mean Deviation | 2.01 | |||
| Semi Deviation | 2.76 | |||
| Downside Deviation | 3.03 | |||
| Coefficient Of Variation | 1279.84 | |||
| Standard Deviation | 2.76 | |||
| Variance | 7.6 | |||
| Information Ratio | 0.0472 | |||
| Jensen Alpha | 0.1262 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.043 | |||
| Treynor Ratio | 0.1954 | |||
| Maximum Drawdown | 17.06 | |||
| Value At Risk | (4.51) | |||
| Potential Upside | 3.31 | |||
| Downside Variance | 9.16 | |||
| Semi Variance | 7.63 | |||
| Expected Short fall | (1.87) | |||
| Skewness | 0.4169 | |||
| Kurtosis | 2.95 |
Consider Iridium Communications' intraday 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.
Iridium Communications Corporate Filings
8K | 5th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 3rd of December 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 |
| 14th of November 2024 Other Reports | ViewVerify | |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Iridium Stock media impact
Far too much social signal, news, headlines, and media speculation about Iridium Communications that are available to investors today. That information is available publicly through Iridium media outlets and privately through word of mouth or via Iridium internal channels. However, regardless of the origin, that massive amount of Iridium data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Iridium Communications news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Iridium Communications relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Iridium Communications' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Iridium Communications alpha.
Iridium Communications Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Iridium Communications can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Iridium Communications Historical Investor Sentiment
Investor biases related to Iridium Communications' public news can be used to forecast risks associated with an investment in Iridium. The trend in average sentiment can be used to explain how an investor holding Iridium can time the market purely based on public headlines and social activities around Iridium Communications. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Iridium Communications' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Iridium Communications and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Iridium Communications news discussions. The higher the estimate score, the more favorable the investor's outlook on Iridium Communications.
Iridium Communications Corporate Executives
Elected by the shareholders, the Iridium Communications' board of directors comprises two types of representatives: Iridium Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Iridium. The board's role is to monitor Iridium Communications' management team and ensure that shareholders' interests are well served. Iridium Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Iridium Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas CPA | Chief CFO | Profile |
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 closely tied 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.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Diversified Telecommunication Services space 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 0.54 | Earnings Share 0.93 | Revenue Per Share 6.697 | Quarterly Revenue Growth 0.077 |
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.
In summary, please note that there is a difference between Iridium Communications' value and its price, as these two are different measures arrived at by various 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.