Iridium Communications Inc
General ticker "IRDM" information:
- Sector: Communication Services
- Industry: Diversified Telecommunication Services
- Capitalization: $3.5B
Iridium Communications Inc does not follow the US Stock Market performance with the rate: -14.9%.
Estimated limits based on current volatility of 1.4%: low 28.76$, high 29.56$
Factors to consider:
- Company pays dividends: last record date 2024-12-16, amount 0.14$ (Y1.92%)
- US accounted for 54.6% of revenue in the fiscal year ended 2023-12-31
- Price in estimated range
- Earnings for 18 months up through Q2 (+1 year) exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [28.50$, 44.28$]
- 2023-12-31 to 2024-12-30 estimated range: [25.22$, 40.34$]
Financial Metrics affecting the IRDM estimates:
- Negative: Non-GAAP EPS, $ of 0.07 <= 0.10
- Positive: 9.05 < Operating profit margin, % of 10.63
- Positive: -0.96 < Investing cash flow per share, $ of -0.95
- Positive: Inventory ratio change, % of 0.39 <= 1.08
- Negative: Industry inventory ratio change (median), % of 1.41 > 0.49
- Negative: Operating cash flow per share per price, % of 5.27 <= 7.18
- Positive: 3.85 < Industry operating cash flow per share per price (median), % of 6.55
Short-term IRDM quotes
Long-term IRDM plot with estimates
Financial data
| YTD | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Revenue | $583.44MM | $614.50MM | $721.03MM |
| Operating Expenses | $547.96MM | $568.19MM | $644.36MM |
| Operating Income | $35.48MM | $46.31MM | $76.68MM |
| Non-Operating Income | $-124.45MM | $-75.20MM | $-67.67MM |
| Interest Expense | $94.27MM | $73.91MM | $65.09MM |
| R&D Expense | $12.04MM | $11.88MM | $16.22MM |
| Income(Loss) | $-88.96MM | $-28.89MM | $9.01MM |
| Taxes | $-32.91MM | $-19.57MM | $0.29MM |
| Profit(Loss) | $-56.05MM | $-9.32MM | $8.72MM |
| Stockholders Equity | $1,419.44MM | $1,287.95MM | $1,128.56MM |
| Inventory | $32.48MM | $29.04MM | $39.78MM |
| Assets | $3,360.95MM | $3,180.80MM | $2,954.01MM |
| Operating Cash Flow | $249.77MM | $302.87MM | $344.73MM |
| Capital expenditure | $38.69MM | $42.15MM | $71.27MM |
| Investing Cash Flow | $-46.47MM | $-36.38MM | $-121.27MM |
| Financing Cash Flow | $-188.19MM | $-182.47MM | $-374.98MM |
| Earnings Per Share* | $-0.42 | $-0.07 | $0.07 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.