Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Iridium Communications Inc (NASDAQ: IRDM) closed the day trading at $25.33 down -1.29% from the previous closing price of $25.66. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 1.27 million shares were traded. IRDM stock price reached its highest trading level at $25.76 during the session, while it also had its lowest trading level at $24.81.
Ratios:
For a better understanding of IRDM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 3.49 whereas as Long-Term Debt/Eq ratio is at 3.43.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 18 ’25 when Olson Eric T sold 4,955 shares for $34.03 per share. The transaction valued at 168,619 led to the insider holds 137,557 shares of the business.
Morgan Kathleen A. sold 15,005 shares of IRDM for $503,868 on Feb 18 ’25. The CHIEF LEGAL OFFICER now owns 55,818 shares after completing the transaction at $33.58 per share. On Feb 18 ’25, another insider, Olson Eric T, who serves as the Director of the company, bought 4,955 shares for $34.03 each.
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 2739692800 and an Enterprise Value of 4495769088. As of this moment, Iridium’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.79, and their Forward P/E ratio for the next fiscal year is 19.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.25 while its Price-to-Book (P/B) ratio in mrq is 5.31. Its current Enterprise Value per Revenue stands at 5.341 whereas that against EBITDA is 10.764.
Stock Price History:
The Beta on a monthly basis for IRDM is 0.76, which has changed by -0.16787124 over the last 52 weeks, in comparison to a change of 0.11241627 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 -2.87%, while the 200-Day Moving Average is calculated to be -10.56%.
Shares Statistics:
Over the past 3-months, IRDM traded about 1.46M shares per day on average, while over the past 10 days, IRDM traded about 1214780 shares per day. A total of 108.73M shares are outstanding, with a floating share count of 94.18M. Insiders hold about 12.92% of the company’s shares, while institutions hold 91.74% stake in the company. Shares short for IRDM as of 1745971200 were 7710873 with a Short Ratio of 5.28, compared to 1743379200 on 9335025. Therefore, it implies a Short% of Shares Outstanding of 7710873 and a Short% of Float of 10.91.
Dividends & Splits
IRDM’s forward annual dividend rate is 0.56, up from 0.56 a year ago. Against a Trailing Annual Dividend Yield of 0.021823851
