Iridium Communications In... (IRDM)
Iridium Communications Statistics
Share Statistics
Iridium Communications has 108.73M shares outstanding. The number of shares has increased by -10.37% in one year.
| Shares Outstanding | 108.73M |
| Shares Change (YoY) | -10.37% |
| Shares Change (QoQ) | -4.4% |
| Owned by Institutions (%) | 84.44% |
| Shares Floating | 94.68M |
| Failed to Deliver (FTD) Shares | 49.72K |
| FTD / Avg. Volume | 3.67% |
Short Selling Information
The latest short interest is 10.24M, so 9.42% of the outstanding shares have been sold short.
| Short Interest | 10.24M |
| Short % of Shares Out | 9.42% |
| Short % of Float | 10.81% |
| Short Ratio (days to cover) | 7.3 |
Valuation Ratios
The PE ratio is 30.51 and the forward PE ratio is 18.22. Iridium Communications's PEG ratio is 0.05.
| PE Ratio | 30.51 |
| Forward PE | 18.22 |
| PS Ratio | 4.14 |
| Forward PS | 2.4 |
| PB Ratio | 5.97 |
| P/FCF Ratio | 11.24 |
| PEG Ratio | 0.05 |
Enterprise Valuation
Iridium Communications has an Enterprise Value (EV) of 3.38B.
| EV / Sales | 4.07 |
| EV / EBITDA | 8.37 |
| EV / EBIT | 8.99 |
| EV / FCF | 11.04 |
Financial Position
The company has a current ratio of 1.73, with a Debt / Equity ratio of 0.06.
| Current Ratio | 1.73 |
| Quick Ratio | 1.25 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.08 |
| Debt / FCF | 0.11 |
| Interest Coverage | 2.2 |
Financial Efficiency
Return on Equity is 19.56% and Return on Invested Capital is 8.79%.
| Return on Equity | 19.56% |
| Return on Assets | 4.22% |
| Return on Invested Capital | 8.79% |
| Revenue Per Employee | $951.53K |
| Profits Per Employee | $129.18K |
| Employee Count | 873 |
| Asset Turnover | 0.31 |
| Inventory Turnover | 2.19 |
Taxes
| Income Tax | -12.26M |
| Effective Tax Rate | -11.17% |
Stock Price Statistics
The stock price has increased by -2.22% in the last 52 weeks. The beta is 0.66, so Iridium Communications's price volatility has been higher than the market average.
| Beta | 0.66 |
| 52-Week Price Change | -2.22% |
| 50-Day Moving Average | 28.46 |
| 200-Day Moving Average | 28.52 |
| Relative Strength Index (RSI) | 35.78 |
| Average Volume (20 Days) | 1.36M |
Income Statement
In the last 12 months, Iridium Communications had revenue of 830.68M and earned 112.78M in profits. Earnings per share was 0.95.
| Revenue | 830.68M |
| Gross Profit | 652.54M |
| Operating Income | 200.38M |
| Net Income | 112.78M |
| EBITDA | 404.05M |
| EBIT | 200.92M |
| Earnings Per Share (EPS) | 0.95 |
Balance Sheet
The company has 93.53M in cash and 33.12M in debt, giving a net cash position of 60.41M.
| Cash & Cash Equivalents | 93.53M |
| Total Debt | 33.12M |
| Net Cash | 60.41M |
| Retained Earnings | -406.09M |
| Total Assets | 2.67B |
| Working Capital | 123.52M |
Cash Flow
In the last 12 months, operating cash flow was 375.95M and capital expenditures -69.89M, giving a free cash flow of 306.06M.
| Operating Cash Flow | 375.95M |
| Capital Expenditures | -69.89M |
| Free Cash Flow | 306.06M |
| FCF Per Share | 2.58 |
Margins
Gross margin is 78.55%, with operating and profit margins of 24.12% and 13.58%.
| Gross Margin | 78.55% |
| Operating Margin | 24.12% |
| Pretax Margin | 13.22% |
| Profit Margin | 13.58% |
| EBITDA Margin | 48.64% |
| EBIT Margin | 24.12% |
| FCF Margin | 36.85% |
Dividends & Yields
IRDM pays an annual dividend of $0.56, which amounts to a dividend yield of 2.03%.
| Dividend Per Share | $0.56 |
| Dividend Yield | 2.03% |
| Dividend Growth (YoY) | 7.69% |
| Payout Ratio | 59.57% |
| Earnings Yield | 3.28% |
| FCF Yield | 8.9% |
Analyst Forecast
The average price target for IRDM is $34, which is 40.3% higher than the current price. The consensus rating is "Hold".
| Price Target | $34 |
| Price Target Difference | 40.3% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
Scores
| Altman Z-Score | 1.16 |
| Piotroski F-Score | 7 |