Iridium Communications Statistics
Total Valuation
IRDM has a market cap or net worth of $3.61 billion. The enterprise value is $5.03 billion.
| Market Cap | 3.61B |
| Enterprise Value | 5.03B |
Important Dates
The last earnings date was Thursday, April 18, 2024, before market open.
| Earnings Date | Apr 18, 2024 |
| Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
IRDM has 121.43 million shares outstanding. The number of shares has decreased by -3.69% in one year.
| Shares Outstanding | 121.43M |
| Shares Change (YoY) | -3.69% |
| Shares Change (QoQ) | -5.03% |
| Owned by Insiders (%) | 10.67% |
| Owned by Institutions (%) | 85.54% |
| Float | 108.95M |
Valuation Ratios
The trailing PE ratio is 141.38 and the forward PE ratio is 37.93. IRDM's PEG ratio is 1.42.
| PE Ratio | 141.38 |
| Forward PE | 37.93 |
| PS Ratio | 4.57 |
| Forward PS | 4.43 |
| PB Ratio | 4.22 |
| P/FCF Ratio | 14.29 |
| PEG Ratio | 1.42 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.60, with an EV/FCF ratio of 19.96.
| EV / Earnings | 199.07 |
| EV / Sales | 6.38 |
| EV / EBITDA | 12.60 |
| EV / EBIT | 47.69 |
| EV / FCF | 19.96 |
Financial Position
The company has a current ratio of 3.33, with a Debt / Equity ratio of 1.88.
| Current Ratio | 3.33 |
| Quick Ratio | 2.36 |
| Debt / Equity | 1.88 |
| Debt / EBITDA | 4.01 |
| Debt / FCF | 6.36 |
| Interest Coverage | 1.13 |
Financial Efficiency
Return on equity (ROE) is 2.80% and return on invested capital (ROIC) is 8.95%.
| Return on Equity (ROE) | 2.80% |
| Return on Assets (ROA) | 0.90% |
| Return on Capital (ROIC) | 8.95% |
| Revenue Per Employee | $1.04M |
| Profits Per Employee | $33,280 |
| Employee Count | 760 |
| Asset Turnover | 0.29 |
| Inventory Turnover | 3.41 |
Taxes
| Income Tax | -12.87M |
| Effective Tax Rate | -103.55% |
Stock Price Statistics
The stock price has decreased by -53.93% in the last 52 weeks. The beta is 0.85, so IRDM's price volatility has been lower than the market average.
| Beta (1Y) | 0.85 |
| 52-Week Price Change | -53.93% |
| 50-Day Moving Average | 27.46 |
| 200-Day Moving Average | 39.36 |
| Relative Strength Index (RSI) | 69.40 |
| Average Volume (30 Days) | 1,275,691 |
Short Selling Information
The latest short interest is 3.90 million, so 3.21% of the outstanding shares have been sold short.
| Short Interest | 3.90M |
| Short Previous Month | 3.59M |
| Short % of Shares Out | 3.21% |
| Short % of Float | 3.58% |
| Short Ratio (days to cover) | 2.80 |
Income Statement
In the last 12 months, IRDM had revenue of $789.30 million and earned $25.29 million in profits. Earnings per share was $0.21.
| Revenue | 789.30M |
| Gross Profit | 567.60M |
| Operating Income | 108.03M |
| Pretax Income | 12.43M |
| Net Income | 25.29M |
| EBITDA | 399.51M |
| EBIT | 105.59M |
| Earnings Per Share (EPS) | $0.21 |
Balance Sheet
The company has $174.03 million in cash and $1.60 billion in debt, giving a net cash position of -$1.43 billion or -$11.77 per share.
| Cash & Cash Equivalents | 174.03M |
| Total Debt | 1.60B |
| Net Cash | -1.43B |
| Net Cash Per Share | -$11.77 |
| Equity / Book Value | 853.69M |
| Book Value Per Share | 7.03 |
| Working Capital | 263.79M |
Cash Flow
In the last 12 months, operating cash flow was $317.40 million and capital expenditures -$65.15 million, giving a free cash flow of $252.25 million.
| Operating Cash Flow | 317.40M |
| Capital Expenditures | -65.15M |
| Free Cash Flow | 252.25M |
| FCF Per Share | $2.05 |
Margins
Gross margin is 71.91%, with operating and profit margins of 13.69% and 3.20%.
| Gross Margin | 71.91% |
| Operating Margin | 13.69% |
| Pretax Margin | 1.57% |
| Profit Margin | 3.20% |
| EBITDA Margin | 50.62% |
| EBIT Margin | 13.38% |
| FCF Margin | 31.96% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 1.75%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 1.75% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 1 |
| Payout Ratio | 247.62% |
| Buyback Yield | 3.69% |
| Shareholder Yield | 5.44% |
| Earnings Yield | 0.70% |
| FCF Yield | 7.00% |
Analyst Forecast
The average price target for IRDM is $44.25, which is 49.04% higher than the current price. The consensus rating is "Buy".
| Price Target | $44.25 |
| Price Target Difference | 49.04% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 4.46% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
IRDM has an Altman Z-Score of 1.55 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.55 |
| Piotroski F-Score | 8 |