Iridium Communications Inc. (IRDM)

NASDAQ: IRDM · Delayed Price · USD
36.76
0.14 (0.38%)
At close: May 26, 2022 4:00 PM
36.01
-0.75 (-2.04%)
After-hours:May 26, 2022 4:28 PM EDT

Total Valuation

IRDM has a market cap or net worth of $4.70 billion. The enterprise value is $6.07 billion.

Market Cap4.70B
Enterprise Value6.07B

Important Dates

The latest earnings date was Tuesday, April 19, 2022, before market open.

Last Earnings DateApr 19, 2022
Ex-Dividend Daten/a

Share Statistics

IRDM has 127.99 million shares outstanding. The number of shares has decreased by -3.53% in one year.

Shares Outstanding127.99M
Shares Change (YoY)-3.53%
Shares Change (QoQ)-1.91%
Owned by Insiders (%)10.15%
Owned by Institutions (%)86.35%
Float115.67M

Valuation Ratios

PE Ration/a
Forward PE400.00
PS Ratio7.40
PB Ratio3.95
P/FCF Ratio17.32
PEG Ration/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.84, with a EV/FCF ratio of 22.34.

EV / Earningsn/a
EV / Sales9.54
EV / EBITDA16.84
EV / EBIT109.82
EV / FCF22.34

Financial Position

The company has a current ratio of 3.67, with a Debt / Equity ratio of 1.34.

Current Ratio3.67
Quick Ratio3.26
Debt / Equity1.34
Debt / EBITDA4.43
Debt / FCF5.87

Financial Efficiency

Return on equity (ROE) is -0.10%, which is considered low.

Return on Equity (ROE)-0.10%
Return on Assets (ROA)n/a
Return on Capital (ROIC)n/a
Revenue Per Employee$1.18M
Profits Per Employee-$2,443
Employee Count537
Asset Turnover0.20
Inventory Turnover5.45

Taxes

Income Tax-9.15M
Effective Tax Raten/a

Stock Price Statistics

The stock price has decreased by -4.02% in the last 52 weeks. The beta is 1.17, so IRDM's price volatility has been higher than the market average.

Beta (1Y)1.17
52-Week Price Change-4.02%
50-Day Moving Average37.16
200-Day Moving Average38.47
Average Volume (30 Days)595,645

Short Selling Information

The latest short interest is 6.50 million, so 5.08% of the outstanding shares have been sold short.

Short Interest6.50M
Short % of Shares Out5.08%
Short % of Float5.62%
Short Ratio (days to cover)12.03

Income Statement

In the last 12 months, IRDM had revenue of $636.18 million and -1.31 million in losses. Earnings per share was -$0.01.

Revenue636.18M
Gross Profit477.42M
Operating Income56.55M
Pretax Income-10.46M
Net Income-1.31M
EBITDA360.44M
EBIT55.26M
Earnings Per Share (EPS)-$0.01
Full Income Statement

Balance Sheet

The company has $232.02 million in cash and $1.60 billion in debt, giving a net cash position of -$1.36 billion or -$10.65 per share.

Cash & Cash Equivalents232.02M
Total Debt1.60B
Net Cash-1.36B
Net Cash Per Share-$10.65
Book Value1.19B
Book Value Per Share9.31
Working Capital255.74M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $317.88 million and capital expenditures -$46.30 million, giving a free cash flow of $271.58 million.

Operating Cash Flow317.88M
Capital Expenditures-46.30M
Free Cash Flow271.58M
FCF Per Share$2.12
Full Cash Flow Statement

Margins

Gross margin is 75.04%, with operating and profit margins of 8.89% and -0.21%.

Gross Margin75.04%
Operating Margin8.89%
Pretax Margin-1.64%
Profit Margin-0.21%
EBITDA Margin56.66%
EBIT Margin8.69%
FCF Margin42.69%

Dividends & Yields

IRDM does not appear to pay any dividends at this time.

Dividend Per Sharen/a
Dividend Yieldn/a
Earnings Yield-0.03%
FCF Yield5.77%
Dividend Growth (YoY)n/a
Payout Ration/a
Buyback Yield2.39%
Shareholder Yield2.39%
Dividend Details

Analyst Forecast

The average price target for IRDM is $52.22, which is 42.06% higher than the current price. The consensus rating is "Buy".

Price Target$52.22
Price Target Difference42.06%
Analyst ConsensusBuy
Analyst Count12
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Daten/a
Split Typen/a
Split Ration/a