Iridium Communications Net Worth
Iridium Communications Net Worth Breakdown | IRDM |
Iridium Communications Net Worth Analysis
Iridium Communications' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Iridium Communications' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Iridium Communications' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Iridium Communications' net worth analysis. One common approach is to calculate Iridium Communications' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Iridium Communications' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Iridium Communications' net worth. This approach calculates the present value of Iridium Communications' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Iridium Communications' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Iridium Communications' net worth. This involves comparing Iridium Communications' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Iridium Communications' net worth relative to its peers.
Enterprise Value |
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To determine if Iridium Communications is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Iridium Communications' net worth research are outlined below:
| Iridium Communications generated a negative expected return over the last 90 days | |
| Iridium Communications has a strong financial position based on the latest SEC filings | |
| Over 87.0% of the company shares are owned by institutional investors | |
| On 31st of December 2024 Iridium Communications paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Iridium Communications Inc. Shares Purchased by Pacer Advisors Inc. - MarketBeat |
Iridium Communications uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Iridium Communications. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Iridium Communications' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 18th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Iridium Communications Target Price Consensus
Iridium target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Iridium Communications' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Strong Buy |
Most Iridium analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Iridium stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Iridium Communications, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationIridium Communications Target Price Projection
Iridium Communications' current and average target prices are 28.43 and 40.50, respectively. The current price of Iridium Communications is the price at which Iridium Communications is currently trading. On the other hand, Iridium Communications' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Iridium Communications Market Quote on 30th of January 2025
Target Price
Analyst Consensus On Iridium Communications Target Price
Know Iridium Communications' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Iridium Communications is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Iridium Communications backward and forwards among themselves. Iridium Communications' institutional investor refers to the entity that pools money to purchase Iridium Communications' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Victory Capital Management Inc. | 2024-09-30 | 1.6 M | Northern Trust Corp | 2024-09-30 | 1.5 M | Schroder Investment Management Group | 2024-09-30 | 1.5 M | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2024-09-30 | 1.5 M | Norges Bank | 2024-06-30 | 1.5 M | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 1.5 M | T. Rowe Price Associates, Inc. | 2024-09-30 | 1.4 M | Aqr Capital Management Llc | 2024-09-30 | 1.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.1 M | Blackrock Inc | 2024-09-30 | 11.8 M | Bamco Inc | 2024-09-30 | 11.1 M |
Follow Iridium Communications' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.23 B.Market Cap |
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Project Iridium Communications' profitablity
| Last Reported | Projected for Next Year | ||
| 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 |
When accessing Iridium Communications' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Iridium Communications' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Iridium Communications' profitability and make more informed investment decisions.
Evaluate Iridium Communications' management efficiency
Iridium Communications has return on total asset (ROA) of 0.0452 % which means that it generated a profit of $0.0452 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1441 %, meaning that it created $0.1441 on every $100 dollars invested by stockholders. Iridium Communications' management efficiency ratios could be used to measure how well Iridium Communications manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Iridium Communications' Return On Tangible Assets are very stable compared to the past year. As of the 30th of January 2025, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.02. At this time, Iridium Communications' Total Current Assets are very stable compared to the past year. As of the 30th of January 2025, Intangible Assets is likely to grow to about 45.8 M, while Non Current Assets Total are likely to drop about 2.3 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.51 | 8.47 | |
| Tangible Book Value Per Share | 6.21 | 7.65 | |
| Enterprise Value Over EBITDA | 15.31 | 16.07 | |
| Price Book Value Ratio | 6.54 | 6.22 | |
| Enterprise Value Multiple | 15.31 | 16.07 | |
| Price Fair Value | 6.54 | 6.22 | |
| Enterprise Value | 1.8 B | 1.9 B |
Management at Iridium Communications focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Enterprise Value Revenue 6.2307 | Revenue | Quarterly Revenue Growth 0.077 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Iridium Communications insiders, such as employees or executives, is commonly permitted as long as it does not rely on Iridium Communications' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Iridium Communications insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Matthew Desch over three months ago Disposition of 4484 shares by Matthew Desch of Iridium Communications at 25.8 subject to Rule 16b-3 | ||
Kathleen Morgan over six months ago Disposition of 647 shares by Kathleen Morgan of Iridium Communications at 26.62 subject to Rule 16b-3 | ||
Matthew Desch over six months ago Disposition of 4484 shares by Matthew Desch of Iridium Communications at 30.11 subject to Rule 16b-3 | ||
Thomas Canfield over six months ago Acquisition by Thomas Canfield of 991 shares of Iridium Communications subject to Rule 16b-3 | ||
Yeaney Jacqueline E over a year ago Acquisition by Yeaney Jacqueline E of tradable shares of Iridium Communications subject to Rule 16b-3 | ||
Yeaney Jacqueline E over a year ago Acquisition by Yeaney Jacqueline E of tradable shares of Iridium Communications subject to Rule 16b-3 | ||
Barry West over a year ago Acquisition by Barry West of tradable shares of Iridium Communications subject to Rule 16b-3 |
Iridium Communications Corporate Filings
F4 | 14th of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 3rd of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 31st of December 2024 An amendment to a previously filed Form 8-K | ViewVerify |
8K | 5th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Iridium Communications Earnings Estimation Breakdown
The calculation of Iridium Communications' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Iridium Communications is estimated to be 0.2525 with the future projection ranging from a low of 0.2025 to a high of 0.3025. Please be aware that this consensus of annual earnings estimates for Iridium Communications is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.20 Lowest | Expected EPS | 0.30 Highest |
Iridium Communications Earnings Projection Consensus
Suppose the current estimates of Iridium Communications' value are higher than the current market price of the Iridium Communications stock. In this case, investors may conclude that Iridium Communications is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Iridium Communications' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
| 8 | 49.31% | 0.21 | 0.2525 | 0.93 |
Iridium Communications Earnings per Share Projection vs Actual
Actual Earning per Share of Iridium Communications refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Iridium Communications predict the company's earnings will be in the future. The higher the earnings per share of Iridium Communications, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Iridium Communications Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Iridium Communications, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Iridium Communications should always be considered in relation to other companies to make a more educated investment decision.Iridium Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Iridium Communications' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-10-17 | 2024-09-30 | 0.2 | 0.21 | 0.01 | 5 | ||
2024-07-23 | 2024-06-30 | 0.17 | 0.27 | 0.1 | 58 | ||
2024-04-18 | 2024-03-31 | 0.15 | 0.16 | 0.01 | 6 | ||
2024-02-15 | 2023-12-31 | 0.03 | 0.29 | 0.26 | 866 | ||
2023-10-19 | 2023-09-30 | 0.03 | -0.01 | -0.04 | 133 | ||
2023-07-25 | 2023-06-30 | 0.04 | -0.24 | -0.28 | 700 | ||
2023-04-20 | 2023-03-31 | 0.01 | 0.08 | 0.07 | 700 | ||
2023-02-16 | 2022-12-31 | 0.017 | -0.01 | -0.027 | 158 | ||
2022-10-20 | 2022-09-30 | 0.02 | 0.02 | 0.0 | 0 | ||
2022-07-26 | 2022-06-30 | 0.014 | 0.04 | 0.026 | 185 | ||
2022-04-19 | 2022-03-31 | 0.0105 | 0.02 | 0.0095 | 90 | ||
2022-02-17 | 2021-12-31 | -0.03 | -0.04 | -0.01 | 33 | ||
2021-10-19 | 2021-09-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2021-07-20 | 2021-06-30 | -0.06 | 0.03 | 0.09 | 150 | ||
2021-04-20 | 2021-03-31 | -0.05 | -0.04 | 0.01 | 20 | ||
2021-02-11 | 2020-12-31 | -0.08 | -0.06 | 0.02 | 25 | ||
2020-10-20 | 2020-09-30 | -0.11 | -0.03 | 0.08 | 72 | ||
2020-07-28 | 2020-06-30 | -0.12 | -0.09 | 0.03 | 25 | ||
2020-04-28 | 2020-03-31 | -0.13 | -0.24 | -0.11 | 84 | ||
2020-02-25 | 2019-12-31 | -0.22 | -0.82 | -0.6 | 272 | ||
2019-10-29 | 2019-09-30 | -0.13 | -0.14 | -0.01 | 7 | ||
2019-07-23 | 2019-06-30 | -0.19 | -0.16 | 0.03 | 15 | ||
2019-04-23 | 2019-03-31 | -0.22 | -0.18 | 0.04 | 18 | ||
2019-02-28 | 2018-12-31 | -0.14 | -0.09 | 0.05 | 35 | ||
2018-10-25 | 2018-09-30 | -0.07 | -0.13 | -0.06 | 85 | ||
2018-07-31 | 2018-06-30 | -0.04 | -0.06 | -0.02 | 50 | ||
2018-04-26 | 2018-03-31 | 0.03 | 0.07 | 0.04 | 133 | ||
2018-02-22 | 2017-12-31 | 0.1 | -0.07 | -0.17 | 170 | ||
2017-10-26 | 2017-09-30 | 0.18 | 0.23 | 0.05 | 27 | ||
2017-07-27 | 2017-06-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2017-04-27 | 2017-03-31 | 0.2 | 0.23 | 0.03 | 15 | ||
2017-02-23 | 2016-12-31 | 0.2 | 0.19 | -0.01 | 5 | ||
2016-10-27 | 2016-09-30 | 0.24 | 0.26 | 0.02 | 8 | ||
2016-07-28 | 2016-06-30 | 0.25 | 0.22 | -0.03 | 12 | ||
2016-04-28 | 2016-03-31 | 0.2 | 0.23 | 0.03 | 15 | ||
2016-02-25 | 2015-12-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2015-10-29 | 2015-09-30 | 0.19 | 0.24 | 0.05 | 26 | ||
2015-07-30 | 2015-06-30 | 0.19 | 0.21 | 0.02 | 10 | ||
2015-04-30 | 2015-03-31 | 0.18 | 0.17 | -0.01 | 5 | ||
2015-02-26 | 2014-12-31 | 0.13 | 0.19 | 0.06 | 46 | ||
2014-10-30 | 2014-09-30 | 0.14 | 0.17 | 0.03 | 21 | ||
2014-07-31 | 2014-06-30 | 0.17 | 0.14 | -0.03 | 17 | ||
2014-05-01 | 2014-03-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2014-02-27 | 2013-12-31 | 0.21 | 0.18 | -0.03 | 14 | ||
2013-10-31 | 2013-09-30 | 0.21 | 0.19 | -0.02 | 9 | ||
2013-08-01 | 2013-06-30 | 0.22 | 0.18 | -0.04 | 18 | ||
2013-05-02 | 2013-03-31 | 0.19 | 0.17 | -0.02 | 10 | ||
2013-02-28 | 2012-12-31 | 0.21 | 0.19 | -0.02 | 9 | ||
2012-11-01 | 2012-09-30 | 0.25 | 0.23 | -0.02 | 8 | ||
2012-08-02 | 2012-06-30 | 0.2 | 0.23 | 0.03 | 15 | ||
2012-05-03 | 2012-03-31 | 0.16 | 0.16 | 0.0 | 0 | ||
2012-03-06 | 2011-12-31 | 0.09 | 0.11 | 0.02 | 22 | ||
2011-11-08 | 2011-09-30 | 0.17 | 0.15 | -0.02 | 11 | ||
2011-08-08 | 2011-06-30 | 0.14 | 0.16 | 0.02 | 14 | ||
2011-05-10 | 2011-03-31 | 0.15 | 0.11 | -0.04 | 26 | ||
2011-03-07 | 2010-12-31 | 0.12 | 0.14 | 0.02 | 16 | ||
2010-11-09 | 2010-09-30 | 0.18 | 0.14 | -0.04 | 22 | ||
2010-08-09 | 2010-06-30 | 0.18 | 0.04 | -0.14 | 77 | ||
2010-05-10 | 2010-03-31 | 0.14 | -0.02 | -0.16 | 114 | ||
2010-03-16 | 2009-12-31 | 0.15 | -0.09 | -0.24 | 160 | ||
2009-11-16 | 2009-09-30 | 0.07 | 8.96 | 8.89 | 12700 |
Iridium Communications Corporate Executives
Elected by the shareholders, the Iridium Communications' board of directors comprises two types of representatives: Iridium Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Iridium. The board's role is to monitor Iridium Communications' management team and ensure that shareholders' interests are well served. Iridium Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Iridium Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas CPA | Chief CFO | Profile |
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 | 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.