Iridium Communications In... (IRDM)
Iridium Communications Statistics
Share Statistics
Iridium Communications has 113.85M shares outstanding. The number of shares has increased by -7.02% in one year.
| Shares Outstanding | 113.85M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -3.83% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 100.07M |
| Failed to Deliver (FTD) Shares | 323 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 8.64M, so 7.59% of the outstanding shares have been sold short.
| Short Interest | 8.64M |
| Short % of Shares Out | 7.59% |
| Short % of Float | 8.62% |
| Short Ratio (days to cover) | 8.21 |
Valuation Ratios
The PE ratio is 327.83 and the forward PE ratio is 31.02. Iridium Communications 's PEG ratio is 0.26.
| PE Ratio | 327.83 |
| Forward PE | 31.02 |
| PS Ratio | 6.39 |
| Forward PS | 3.8 |
| PB Ratio | 5.69 |
| P/FCF Ratio | 20.93 |
| PEG Ratio | 0.26 |
Enterprise Valuation
Iridium Communications Inc. has an Enterprise Value (EV) of 6.58B.
| EV / Earnings | 426.87 |
| EV / Sales | 8.32 |
| EV / EBITDA | 17.31 |
| EV / EBIT | 80.61 |
| EV / FCF | 27.26 |
Financial Position
The company has a current ratio of 2.06, with a Debt / Equity ratio of 1.67.
| Current Ratio | 2.06 |
| Quick Ratio | 1.37 |
| Debt / Equity | 1.67 |
| Total Debt / Capitalization | 62.54 |
| Cash Flow / Debt | 0.21 |
| Interest Coverage | 0.9 |
Financial Efficiency
Return on equity (ROE) is 0.02% and return on capital (ROIC) is -15.6%.
| Return on Equity (ROE) | 0.02% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | -15.6% |
| Revenue Per Employee | 1.04M |
| Profits Per Employee | 20.28K |
| Employee Count | 760 |
| Asset Turnover | 0.3 |
| Inventory Turnover | 2.47 |
Taxes
| Income Tax | -26.25M |
| Effective Tax Rate | 5.53 |
Stock Price Statistics
The stock price has increased by -19.05% in the last 52 weeks. The beta is 0.65, so Iridium Communications 's price volatility has been higher than the market average.
| Beta | 0.65 |
| 52-Week Price Change | -19.05% |
| 50-Day Moving Average | 29.35 |
| 200-Day Moving Average | 28.53 |
| Relative Strength Index (RSI) | 54.36 |
| Average Volume (20 Days) | 944.32K |
Income Statement
In the last 12 months, Iridium Communications had revenue of 790.72M and earned 15.41M in profits. Earnings per share was 0.13.
| Revenue | 790.72M |
| Gross Profit | 565.60M |
| Operating Income | 81.63M |
| Net Income | 15.41M |
| EBITDA | 380.07M |
| EBIT | 81.63M |
| Earnings Per Share (EPS) | 0.13 |
Balance Sheet
The company has 71.87M in cash and 1.48B in debt, giving a net cash position of -1.41B.
| Cash & Cash Equivalents | 71.87M |
| Total Debt | 1.48B |
| Net Cash | -1.41B |
| Retained Earnings | -235.40M |
| Total Assets | 2.75B |
| Working Capital | 219.56M |
Cash Flow
In the last 12 months, operating cash flow was 314.91M and capital expenditures -73.49M, giving a free cash flow of 241.43M.
| Operating Cash Flow | 314.91M |
| Capital Expenditures | -73.49M |
| Free Cash Flow | 241.43M |
| FCF Per Share | 1.97 |
Margins
Gross margin is 71.53%, with operating and profit margins of 10.32% and 1.95%.
| Gross Margin | 71.53% |
| Operating Margin | 10.32% |
| Pretax Margin | -0.6% |
| Profit Margin | 1.95% |
| EBITDA Margin | 48.07% |
| EBIT Margin | 10.32% |
| FCF Margin | 30.53% |
Dividends & Yields
IRDM pays an annual dividend of $0.56, which amounts to a dividend yield of 1.81%.
| Dividend Per Share | $0.56 |
| Dividend Yield | 1.81% |
| Dividend Growth (YoY) | 7.69% |
| Payout Ratio | 60.22% |
| Earnings Yield | 0.44% |
| FCF Yield | 7.11% |
Analyst Forecast
The average price target for IRDM is $45, which is 50.9% higher than the current price. The consensus rating is "Hold".
| Price Target | $45 |
| Price Target Difference | 50.9% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Scores
| Altman Z-Score | 1.46 |
| Piotroski F-Score | 8 |