Iridium Communications Stock Buy Hold or Sell Recommendation
| IRDM Stock | USD 29.72 0.12 0.41% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Iridium Communications is 'Sell'. The recommendation algorithm takes into account all of Iridium Communications' available fundamental, technical, and predictive indicators you will find on this site.
Check out Iridium Communications Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide. Note, we conduct extensive research on individual companies such as Iridium and provide practical buy, sell, or hold advice based on investors' constraints. 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.
Iridium |
Execute Iridium Communications Buy or Sell Advice
The Iridium recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Iridium Communications. Macroaxis does not own or have any residual interests in Iridium Communications or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Iridium Communications' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Iridium Communications Trading Alerts and Improvement Suggestions
| 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 | |
| Latest headline from simplywall.st: Risks Still Elevated At These Prices As Hytera Communications Corporation Limited Shares Dive 32 |
Iridium Communications Returns Distribution Density
The distribution of Iridium Communications' historical returns is an attempt to chart the uncertainty of Iridium Communications' future price movements. The chart of the probability distribution of Iridium Communications daily returns describes the distribution of returns around its average expected value. We use Iridium Communications price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Iridium Communications returns is essential to provide solid investment advice for Iridium Communications.
| Mean Return | 0.30 | Value At Risk | -4.52 | Potential Upside | 3.63 | Standard Deviation | 2.90 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Iridium Communications historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Iridium Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Iridium Communications, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Iridium Communications back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.9 M | Victory Capital Management Inc. | 2024-09-30 | 1.6 M | Northern Trust Corp | 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 | T. Rowe Price Associates, Inc. | 2024-06-30 | 1.4 M | Schroder Investment Management Group | 2024-06-30 | 1.2 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.2 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.1 M | Blackrock Inc | 2024-06-30 | 11.7 M | Bamco Inc | 2024-09-30 | 11.1 M |
Iridium Communications Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (241.7M) | 13.6M | 83.7M | (152.1M) | (96.9M) | (92.1M) | |
| Capital Expenditures | 117.8M | 38.7M | 42.1M | 71.3M | 73.5M | 69.8M | |
| Net Income | (162.0M) | (56.1M) | (9.3M) | 8.7M | 15.4M | 16.8M | |
| End Period Cash Flow | 223.6M | 237.2M | 320.9M | 168.8M | 71.9M | 68.3M | |
| Free Cash Flow | 80.3M | 211.1M | 260.7M | 273.5M | 241.4M | 253.5M | |
| Change To Inventory | (13.0M) | 7.2M | 3.6M | (10.2M) | (51.0M) | (48.4M) | |
| Depreciation | 297.7M | 303.2M | 305.4M | 303.5M | 320M | 176.8M | |
| Other Non Cash Items | 131.6M | 35.0M | 4.9M | 7.9M | 10.6M | 10.0M | |
| Dividends Paid | 15.4M | 8.4M | 8.2M | 7.4M | (64.8M) | (61.5M) | |
| Change Receivables | 2.5M | 6.4M | (1.8M) | (18.7M) | (16.8M) | (16.0M) | |
| Net Borrowings | (28.8M) | (2.6M) | (20.6M) | (116.5M) | (104.9M) | (99.6M) | |
| Change To Netincome | (38.0M) | (17.0M) | 6.2M | 45.9M | 41.3M | 43.3M | |
| Investments | 10M | (7.6M) | 5.8M | (50M) | (93.8M) | (89.1M) |
Iridium Communications Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Iridium Communications or Diversified Telecommunication Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Iridium Communications' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Iridium stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 2.87 | |
Ir | Information ratio | 0.06 |
Iridium Communications Volatility Alert
Iridium Communications shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Iridium Communications' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Iridium Communications' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Iridium Communications Fundamentals Vs Peers
Comparing Iridium Communications' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Iridium Communications' direct or indirect competition across all of the common fundamentals between Iridium Communications and the related equities. This way, we can detect undervalued stocks with similar characteristics as Iridium Communications or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Iridium Communications' fundamental indicators could also be used in its relative valuation, which is a method of valuing Iridium Communications by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Iridium Communications to competition |
| Fundamentals | Iridium Communications | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0452 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.26 % | (5.51) % |
| Current Valuation | 5.01 B | 16.62 B |
| Shares Outstanding | 113.85 M | 571.82 M |
| Shares Owned By Insiders | 11.36 % | 10.09 % |
| Shares Owned By Institutions | 86.53 % | 39.21 % |
| Number Of Shares Shorted | 7.8 M | 4.71 M |
| Price To Book | 5.08 X | 9.51 X |
| Price To Sales | 4.16 X | 11.42 X |
| Revenue | 790.72 M | 9.43 B |
| Gross Profit | 519.88 M | 27.38 B |
| EBITDA | 380.07 M | 3.9 B |
| Net Income | 15.41 M | 570.98 M |
| Cash And Equivalents | 218.76 M | 2.7 B |
| Cash Per Share | 1.74 X | 5.01 X |
| Total Debt | 1.48 B | 5.32 B |
| Debt To Equity | 1.40 % | 48.70 % |
| Current Ratio | 2.82 X | 2.16 X |
| Book Value Per Share | 5.81 X | 1.93 K |
| Cash Flow From Operations | 314.91 M | 971.22 M |
| Short Ratio | 6.18 X | 4.00 X |
| Earnings Per Share | 0.93 X | 3.12 X |
| Price To Earnings To Growth | 1.42 X | 4.89 X |
| Target Price | 40.5 | |
| Number Of Employees | 760 | 18.84 K |
| Beta | 0.65 | -0.15 |
| Market Capitalization | 3.38 B | 19.03 B |
| Total Asset | 2.66 B | 29.47 B |
| Retained Earnings | (235.4 M) | 9.33 B |
| Working Capital | 139.53 M | 1.48 B |
| Current Asset | 481.72 M | 9.34 B |
Note: Disposition of 4484 shares by Matthew Desch of Iridium Communications at 25.8 subject to Rule 16b-3 [view details]
Iridium Communications Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Iridium . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Iridium Communications Buy or Sell Advice
When is the right time to buy or sell Iridium Communications? Buying financial instruments such as Iridium Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Iridium Communications Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.