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.
After finishing at $29.33 in the prior trading day, Iridium Communications Inc (NASDAQ: IRDM) closed at $27.35, down -6.75%. In other words, the price has decreased by -$6.75 from its previous closing price. On the day, 1.56 million shares were traded. IRDM stock price reached its highest trading level at $29.605 during the session, while it also had its lowest trading level at $27.33.
Ratios:
Our goal is to gain a better understanding of IRDM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.73. In the meantime, Its Debt-to-Equity ratio is 3.13 whereas as Long-Term Debt/Eq ratio is at 3.07.
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, Cantor Fitzgerald on January 24, 2025, initiated with a Overweight rating and assigned the stock a target price of $40.
On February 16, 2024, BWS Financial Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $30.
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 2976746752 and an Enterprise Value of 4905713664. As of this moment, Iridium’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.84, and their Forward P/E ratio for the next fiscal year is 20.61. 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 3.58 while its Price-to-Book (P/B) ratio in mrq is 5.23. Its current Enterprise Value per Revenue stands at 5.906 whereas that against EBITDA is 12.065.
Stock Price History:
The Beta on a monthly basis for IRDM is 0.63, which has changed by 0.001098156 over the last 52 weeks, in comparison to a change of 0.087141395 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 $24.14. The 50-Day Moving Average of the stock is -7.73%, while the 200-Day Moving Average is calculated to be -4.62%.
Shares Statistics:
The stock has traded on average 1.15M shares per day over the past 3-months and 1386580 shares per day over the last 10 days, according to various share statistics. A total of 110.36M shares are outstanding, with a floating share count of 95.40M. Insiders hold about 12.35% of the company’s shares, while institutions hold 92.82% stake in the company. Shares short for IRDM as of 1740700800 were 10238556 with a Short Ratio of 8.92, compared to 1738281600 on 8432802. Therefore, it implies a Short% of Shares Outstanding of 10238556 and a Short% of Float of 11.020000000000001.
Dividends & Splits
In the trailing 12 months, IRDM’s forward annual dividend rate was 0.55, compared to 0.55 this year. Against a Trailing Annual Dividend Yield of 0.018752132
