Daily Market Movement: Iridium Communications Inc (IRDM) Sees a -1.75% Decrease, Closing at $17.42

Nora Barnes

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The closing price of Iridium Communications Inc (NASDAQ: IRDM) was $17.42 for the day, down -1.75% from the previous closing price of $17.73. In other words, the price has decreased by -$1.75 from its previous closing price. On the day, 2.69 million shares were traded. IRDM stock price reached its highest trading level at $17.81 during the session, while it also had its lowest trading level at $17.295.

Ratios:

Our analysis of IRDM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 3.82 whereas as Long-Term Debt/Eq ratio is at 3.82.

On September 09, 2025, BWS Financial Downgraded its rating to Sell which previously was Neutral but kept the price unchanged to $16.

On May 05, 2025, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $34.Oppenheimer initiated its Outperform rating on May 05, 2025, with a $34 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 03 ’25 when Kapalka Timothy sold 1,922 shares for $26.08 per share. The transaction valued at 50,126 led to the insider holds 39,737 shares of the business.

Olson Eric T sold 4,955 shares of IRDM for $168,619 on Feb 18 ’25. The Director now owns 137,557 shares after completing the transaction at $34.03 per share. On Feb 18 ’25, another insider, Morgan Kathleen A., who serves as the CHIEF LEGAL OFFICER of the company, sold 15,005 shares for $33.58 each. As a result, the insider received 503,868 and left with 55,818 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IRDM now has a Market Capitalization of 1848504448 and an Enterprise Value of 3578364416. As of this moment, Iridium’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.40, and their Forward P/E ratio for the next fiscal year is 14.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.16 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 4.173 whereas that against EBITDA is 8.364.

Stock Price History:

The Beta on a monthly basis for IRDM is 0.71, which has changed by -0.42010653 over the last 52 weeks, in comparison to a change of 0.15535986 over the same period for the S&P500. Over the past 52 weeks, IRDM has reached a high of $35.85, while it has fallen to a 52-week low of $17.08. The 50-Day Moving Average of the stock is -27.16%, while the 200-Day Moving Average is calculated to be -35.70%.

Shares Statistics:

IRDM traded an average of 2.37M shares per day over the past three months and 3848940 shares per day over the past ten days. A total of 106.39M shares are outstanding, with a floating share count of 92.65M. Insiders hold about 12.69% of the company’s shares, while institutions hold 92.37% stake in the company. Shares short for IRDM as of 1756425600 were 8672561 with a Short Ratio of 3.66, compared to 1753920000 on 8042435. Therefore, it implies a Short% of Shares Outstanding of 8672561 and a Short% of Float of 12.640001000000002.

Dividends & Splits

With its trailing 12-month dividend rate of 0.56, IRDM has a forward annual dividend rate of 0.57. Against a Trailing Annual Dividend Yield of 0.031584885

Earnings Estimates

A comprehensive evaluation of Iridium Communications Inc (IRDM) is underway, with the input of 5.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.28, with high estimates of $0.31 and low estimates of $0.25.

Analysts are recommending an EPS of between $1.05 and $0.95 for the fiscal current year, implying an average EPS of $1.0. EPS for the following year is $1.25, with 4.0 analysts recommending between $1.44 and $0.96.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 8 analysts. It ranges from a high estimate of $226.62M to a low estimate of $219.79M. As of. The current estimate, Iridium Communications Inc’s year-ago sales were $212.77MFor the next quarter, 8 analysts are estimating revenue of $222.73M. There is a high estimate of $226.26M for the next quarter, whereas the lowest estimate is $218.41M.

A total of 9 analysts have provided revenue estimates for IRDM’s current fiscal year. The highest revenue estimate was $891.86M, while the lowest revenue estimate was $871M, resulting in an average revenue estimate of $877.58M. In the same quarter a year ago, actual revenue was $830.68MBased on 8 analysts’ estimates, the company’s revenue will be $909.69M in the next fiscal year. The high estimate is $931.64M and the low estimate is $878.94M.

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