Trading Day Triumph: Iridium Communications Inc (IRDM) Ends at 25.54, a -0.60 Surge/Plunge

Iridium Communications Inc (NASDAQ: IRDM) closed the day trading at $25.54 down -0.60% from the previous closing price of $25.69. In other words, the price has decreased by -$0.60 from its previous closing price. On the day, 2.26 million shares were traded. IRDM stock price reached its highest trading level at $25.99 during the session, while it also had its lowest trading level at $25.3.

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 34.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.31. 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:

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 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 2710151680 and an Enterprise Value of 4440009216. As of this moment, Iridium’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.51, and their Forward P/E ratio for the next fiscal year is 20.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.16 while its Price-to-Book (P/B) ratio in mrq is 5.74. Its current Enterprise Value per Revenue stands at 5.178 whereas that against EBITDA is 10.378.

Stock Price History:

The Beta on a monthly basis for IRDM is 0.76, which has changed by -0.10511565 over the last 52 weeks, in comparison to a change of 0.17535925 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 -10.93%, while the 200-Day Moving Average is calculated to be -10.46%.

Shares Statistics:

Over the past 3-months, IRDM traded about 1.41M shares per day on average, while over the past 10 days, IRDM traded about 2777930 shares per day. A total of 106.39M shares are outstanding, with a floating share count of 92.47M. Insiders hold about 12.86% of the company’s shares, while institutions hold 95.79% stake in the company. Shares short for IRDM as of 1752537600 were 7544509 with a Short Ratio of 5.36, compared to 1749772800 on 11705962. Therefore, it implies a Short% of Shares Outstanding of 7544509 and a Short% of Float of 10.6800005.

Earnings Estimates

Its stock is currently analyzed by 2.0 different market analysts. The consensus estimate for the next quarter is $0.27, with high estimates of $0.28 and low estimates of $0.26.

Analysts are recommending an EPS of between $0.99 and $0.98 for the fiscal current year, implying an average EPS of $0.99. EPS for the following year is $1.33, with 4.0 analysts recommending between $1.61 and $0.96.

Revenue Estimates

7 analysts predict $222.65M in revenue for the current quarter. It ranges from a high estimate of $225.14M to a low estimate of $219.8M. As of the current estimate, Iridium Communications Inc’s year-ago sales were $212.77MFor the next quarter, 7 analysts are estimating revenue of $221.76M. There is a high estimate of $226.26M for the next quarter, whereas the lowest estimate is $212.84M.

A total of 5 analysts have provided revenue estimates for IRDM’s current fiscal year. The highest revenue estimate was $880.83M, while the lowest revenue estimate was $871M, resulting in an average revenue estimate of $876.08M. In the same quarter a year ago, actual revenue was $830.68MBased on 8 analysts’ estimates, the company’s revenue will be $907.55M in the next fiscal year. The high estimate is $939M and the low estimate is $878.94M.

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