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Iridium Communications Inc. (IRDM)

Stock Price: $29.62 USD 0.32 (1.09%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
After-hours: $29.96 +0.34 (1.15%) Aug 7, 7:22 PM

Stock Price Chart

Key Info

Market Cap 3.93B
Revenue (ttm) 569.12M
Net Income (ttm) -169.99M
Shares Out 132.53M
EPS (ttm) -1.29
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 7, 2020
Last Price $29.62
Previous Close $29.30
Change ($) 0.32
Change (%) 1.09%
Day's Open 29.30
Day's Range 29.00 - 30.00
Day's Volume 763,295
52-Week Range 16.87 - 32.08

More Stats

Market Cap 3.93B
Enterprise Value 5.43B
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date n/a
Shares Outstanding 132.53M
Float 116.77M
EPS (basic) -1.33
EPS (diluted) -1.29
FCF / Share 1.46
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 4.96%
Payout Ratio n/a
Shares Short 8.24M
Short Ratio 9.29
Short % of Float 7.91%
Beta 1.43
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 20.16
PS Ratio 6.90
PB Ratio 2.66
Revenue 569.12M
Operating Income 26.74M
Net Income -169.99M
Free Cash Flow 194.69M
Net Cash -1.50B
Net Cash / Share -11.33
Gross Margin 72.97%
Operating Margin 4.70%
Profit Margin -29.90%
FCF Margin 34.21%
ROA 0.44%
ROE -11.40%
ROIC -4.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 3
Overweight 2
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$31.50*
(6.35% upside)
Low
29.0
Current: $29.62
High
33.0
Target: 31.50
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue560523448434411409383384384348
Revenue Growth7.16%16.73%3.32%5.41%0.69%6.77%-0.23%-0.2%10.38%-
Gross Profit415380323324310292271269259214
Operating Income10.1241.6510117673.8012311010577.0037.36
Net Income-162-13.382341117.1274.9962.5264.6341.0419.94
Shares Outstanding12510997.9395.9795.1088.0876.9174.2472.1670.29
Earnings Per Share-1.33-0.221.820.89-0.090.690.710.830.560.27
EPS Growth--104.49%---2.82%-14.46%48.21%107.41%-
Operating Cash Flow198264260225217215183174183151
Capital Expenditures-118-391-400-406-495-441-404-442-359-237
Free Cash Flow80.32-128-140-180-277-226-220-268-176-86.01
Cash & Equivalents224465400524480558344309164120
Total Debt1,7761,9561,7041,6571,3891,2911,039752417157
Net Cash / Debt-1,553-1,490-1,304-1,134-909-733-695-443-254-37.32
Assets3,6244,0143,7823,5003,0712,9102,3101,9161,3741,047
Liabilities2,1642,4132,1862,1561,8421,6781,3701,040672393
Book Value1,4591,6021,5961,3441,2291,232939877702655
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Iridium Communications Inc.
Country United States
Employees 497
CEO Matthew J. Desch

Stock Information

Ticker Symbol IRDM
Stock Exchange NASDAQ
Sector Communication Services
Industry Telecom Services
Unique Identifier NASDAQ: IRDM

Description

Iridium Communications Inc. provides mobile voice and data communications services and product to businesses, the United States and foreign governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides other services, such as inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence community, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the department of defense's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.