Iridium Communications Stock Performance
| IRDM Stock | USD 29.60 0.49 1.68% |
On a scale of 0 to 100, Iridium Communications holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Iridium Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Iridium Communications is expected to be smaller as well. Please check Iridium Communications' total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Iridium Communications' current trending patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Iridium Communications are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain fundamental indicators, Iridium Communications displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.95 | Five Day Return 5.08 | Year To Date Return (26.15) | Ten Year Return 213.82 | All Time Return 230.07 |
Forward Dividend Yield 0.0192 | Payout Ratio 0.5806 | Forward Dividend Rate 0.56 | Dividend Date 2024-09-30 | Ex Dividend Date 2024-09-13 |
| Iridium Communications dividend paid on 30th of September 2024 | 09/30/2024 |
1 | Compared to Estimates, SBA Communications Q3 Earnings A Look at Key Metrics | 10/28/2024 |
2 | Disposition of 4420 shares by Suzanne McBride of Iridium Communications at 29.48 subject to Rule 16b-3 | 11/04/2024 |
3 | Tokyo Communications GroupInc Third Quarter 2024 Earnings JP10.72 loss per share | 11/11/2024 |
4 | Saga Communications, Inc. Declares a Quarterly Cash Dividend of 0.25 per Share | 11/15/2024 |
5 | Cameo Communications Third Quarter 2024 Earnings NT0.23 loss per share | 11/18/2024 |
6 | Sangoma Technologies Corporation Announces Voting Results from its Annual General and Special ... | 11/19/2024 |
7 | Combined Annual General Meeting of Eutelsat Communications | 11/21/2024 |
8 | US Supreme Court to decide Federal Communications Commission funds legality | 11/22/2024 |
9 | Ares management sells 20.5 million in Frontier Communications stock | 11/26/2024 |
| Begin Period Cash Flow | 168.8 M |
Iridium |
Iridium Communications Relative Risk vs. Return Landscape
If you would invest 2,576 in Iridium Communications on August 29, 2024 and sell it today you would earn a total of 384.00 from holding Iridium Communications or generate 14.91% return on investment over 90 days. Iridium Communications is currently generating 0.2591% in daily expected returns and assumes 2.9236% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of stocks are less volatile than Iridium, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Iridium Communications Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iridium Communications' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Iridium Communications, and traders can use it to determine the average amount a Iridium Communications' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0886
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Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Iridium Communications is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Iridium Communications by adding it to a well-diversified portfolio.
Iridium Communications Fundamentals Growth
Iridium Stock prices reflect investors' perceptions of the future prospects and financial health of Iridium Communications, and Iridium Communications fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Iridium Stock performance.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0452 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 5.05 B | ||||
| Shares Outstanding | 113.85 M | ||||
| Price To Book | 5.14 X | ||||
| Price To Sales | 4.08 X | ||||
| Revenue | 790.72 M | ||||
| Gross Profit | 519.88 M | ||||
| EBITDA | 380.07 M | ||||
| Net Income | 15.41 M | ||||
| Cash And Equivalents | 218.76 M | ||||
| Cash Per Share | 1.74 X | ||||
| Total Debt | 1.48 B | ||||
| Debt To Equity | 1.40 % | ||||
| Current Ratio | 2.82 X | ||||
| Book Value Per Share | 5.81 X | ||||
| Cash Flow From Operations | 314.91 M | ||||
| Earnings Per Share | 0.93 X | ||||
| Market Capitalization | 3.31 B | ||||
| Total Asset | 2.66 B | ||||
| Retained Earnings | (235.4 M) | ||||
| Working Capital | 139.53 M | ||||
| Current Asset | 481.72 M | ||||
| Current Liabilities | 101.61 M | ||||
About Iridium Communications Performance
By examining Iridium Communications' fundamental ratios, stakeholders can obtain critical insights into Iridium Communications' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Iridium Communications is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 147.76 | 100.66 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.03 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.02 | 0.02 |
Things to note about Iridium Communications performance evaluation
Checking the ongoing alerts about Iridium Communications for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Iridium Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 87.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Iridium Communications paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from investing.com: Ares management sells 20.5 million in Frontier Communications stock |
- Analyzing Iridium Communications' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Iridium Communications' stock is overvalued or undervalued compared to its peers.
- Examining Iridium Communications' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Iridium Communications' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Iridium Communications' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Iridium Communications' stock. These opinions can provide insight into Iridium Communications' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iridium Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iridium Communications. If investors know Iridium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iridium Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.074 | Dividend Share 0.54 | Earnings Share 0.93 | Revenue Per Share 6.697 | Quarterly Revenue Growth 0.077 |
The market value of Iridium Communications is measured differently than its book value, which is the value of Iridium that is recorded on the company's balance sheet. Investors also form their own opinion of Iridium Communications' value that differs from its market value or its book value, called intrinsic value, which is Iridium Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iridium Communications' market value can be influenced by many factors that don't directly affect Iridium Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iridium Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iridium Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iridium Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.