Iridium Communications In... (IRDM)
Iridium Communications Statistics
Share Statistics
Iridium Communications has 108.16M shares outstanding. The number of shares has increased by -10.37% in one year.
| Shares Outstanding | 108.16M |
| Shares Change (YoY) | -10.37% |
| Shares Change (QoQ) | -4.4% |
| Owned by Institutions (%) | 84.44% |
| Shares Floating | 94.18M |
| Failed to Deliver (FTD) Shares | 143 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 8.82M, so 8.15% of the outstanding shares have been sold short.
| Short Interest | 8.82M |
| Short % of Shares Out | 8.15% |
| Short % of Float | 12.47% |
| Short Ratio (days to cover) | 7.14 |
Valuation Ratios
The PE ratio is 30.51 and the forward PE ratio is 18.17. Iridium Communications's PEG ratio is 0.05.
| PE Ratio | 30.51 |
| Forward PE | 18.17 |
| PS Ratio | 4.14 |
| Forward PS | 2.4 |
| PB Ratio | 5.97 |
| P/FCF Ratio | 11.24 |
| PEG Ratio | 0.05 |
Enterprise Valuation
Iridium Communications has an Enterprise Value (EV) of 5.14B.
| EV / Sales | 6.19 |
| EV / EBITDA | 12.36 |
| EV / EBIT | 13.67 |
| EV / FCF | 16.79 |
Financial Position
The company has a current ratio of 1.73, with a Debt / Equity ratio of 3.11.
| Current Ratio | 1.73 |
| Quick Ratio | 1.25 |
| Debt / Equity | 3.11 |
| Debt / EBITDA | 4.31 |
| Debt / FCF | 5.85 |
| Interest Coverage | 2.2 |
Financial Efficiency
Return on Equity is 19.56% and Return on Invested Capital is 8.79%.
| Return on Equity | 19.56% |
| Return on Assets | 4.22% |
| Return on Invested Capital | 8.79% |
| Revenue Per Employee | $951.53K |
| Profits Per Employee | $129.18K |
| Employee Count | 873 |
| Asset Turnover | 0.31 |
| Inventory Turnover | 2.19 |
Taxes
| Income Tax | -12.26M |
| Effective Tax Rate | -11.17% |
Stock Price Statistics
The stock price has increased by -22.86% in the last 52 weeks. The beta is 0.66, so Iridium Communications's price volatility has been higher than the market average.
| Beta | 0.66 |
| 52-Week Price Change | -22.86% |
| 50-Day Moving Average | 27.22 |
| 200-Day Moving Average | 28.37 |
| Relative Strength Index (RSI) | 45.24 |
| Average Volume (20 Days) | 1.52M |
Income Statement
In the last 12 months, Iridium Communications had revenue of 830.68M and earned 112.78M in profits. Earnings per share was 0.95.
| Revenue | 830.68M |
| Gross Profit | 652.54M |
| Operating Income | 200.38M |
| Net Income | 112.78M |
| EBITDA | 415.67M |
| EBIT | 200.92M |
| Earnings Per Share (EPS) | 0.95 |
Balance Sheet
The company has 93.53M in cash and 1.79B in debt, giving a net cash position of -1.7B.
| Cash & Cash Equivalents | 93.53M |
| Total Debt | 1.79B |
| Net Cash | -1.7B |
| Retained Earnings | -406.09M |
| Total Assets | 2.61B |
| Working Capital | 127.44M |
Cash Flow
In the last 12 months, operating cash flow was 375.95M and capital expenditures -69.89M, giving a free cash flow of 306.06M.
| Operating Cash Flow | 375.95M |
| Capital Expenditures | -69.89M |
| Free Cash Flow | 306.06M |
| FCF Per Share | 2.58 |
Margins
Gross margin is 78.55%, with operating and profit margins of 24.12% and 13.58%.
| Gross Margin | 78.55% |
| Operating Margin | 24.12% |
| Pretax Margin | 13.22% |
| Profit Margin | 13.58% |
| EBITDA Margin | 50.04% |
| EBIT Margin | 24.12% |
| FCF Margin | 36.85% |
Dividends & Yields
IRDM pays an annual dividend of $0.56, which amounts to a dividend yield of 2.03%.
| Dividend Per Share | $0.56 |
| Dividend Yield | 2.03% |
| Dividend Growth (YoY) | 7.69% |
| Payout Ratio | 53.33% |
| Earnings Yield | 3.28% |
| FCF Yield | 8.9% |
Analyst Forecast
The average price target for IRDM is $30, which is 24.2% higher than the current price. The consensus rating is "Hold".
| Price Target | $30 |
| Price Target Difference | 24.2% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
Scores
| Altman Z-Score | 1.14 |
| Piotroski F-Score | 8 |