Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Iridium Communications Inc (NASDAQ: IRDM) was $24.95 for the day, down -0.12% from the previous closing price of $24.98. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 1.33 million shares were traded. IRDM stock price reached its highest trading level at $24.98 during the session, while it also had its lowest trading level at $24.55.
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 33.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.12. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on May 05, 2025, initiated with a Outperform rating and assigned the stock a target price of $34.
On January 24, 2025, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $40.Cantor Fitzgerald initiated its Overweight rating on January 24, 2025, with a $40 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 2647544320 and an Enterprise Value of 4377402368. As of this moment, Iridium’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.92, and their Forward P/E ratio for the next fiscal year is 21.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.09 while its Price-to-Book (P/B) ratio in mrq is 5.60. Its current Enterprise Value per Revenue stands at 5.105 whereas that against EBITDA is 10.232.
Stock Price History:
The Beta on a monthly basis for IRDM is 0.78, which has changed by -0.077974856 over the last 52 weeks, in comparison to a change of 0.16461086 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 $19.91. The 50-Day Moving Average of the stock is -12.06%, while the 200-Day Moving Average is calculated to be -11.39%.
Shares Statistics:
IRDM traded an average of 1.49M shares per day over the past three months and 1562190 shares per day over the past ten days. A total of 106.39M shares are outstanding, with a floating share count of 92.63M. Insiders hold about 12.70% of the company’s shares, while institutions hold 93.64% stake in the company. Shares short for IRDM as of 1753920000 were 8042435 with a Short Ratio of 5.40, compared to 1751241600 on 7628569. Therefore, it implies a Short% of Shares Outstanding of 8042435 and a Short% of Float of 11.72.
