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The price of Iridium Communications Inc (NASDAQ: IRDM) closed at $26.01 in the last session, down -1.14% from day before closing price of $26.31. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 1.01 million shares were traded.
Ratios:
We take a closer look at IRDM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 55.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.85. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
As of this moment, Iridium’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.43, and their Forward P/E ratio for the next fiscal year is 19.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.34 while its Price-to-Book (P/B) ratio in mrq is 5.46.
Stock Price History:
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 -1.79%, while the 200-Day Moving Average is calculated to be -8.27%.
Shares Statistics:
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 91.66% stake in the company.
