29.22
1.84%
+0.48
Iridium Communications Inc stock is currently priced at $29.22, with a 24-hour trading volume of 532.60K.
It has seen a +1.84% increased in the last 24 hours and a +13.58% rose in the past month.
The chart indicates a potential bullish trend, as the stock is above the $28.43 pivot point. If it approaches the $29.48 resistance level, significant changes may occur.
Previous Close:
$28.74
Open:
$28.55
24h Volume:
532.60K
Market Cap:
$3.52B
Revenue:
$789.30M
Net Income/Loss:
$25.29M
P/E Ratio:
-162.33
EPS:
-0.18
Net Cash Flow:
$252.25M
1W Performance:
+18.45%
1M Performance:
+13.58%
6M Performance:
-22.50%
1Y Performance:
-55.85%
Iridium Communications Inc Stock (IRDM) Company Profile
Name
Iridium Communications Inc
Sector
Industry
Phone
703-287-7400
Address
1750 Tysons Boulevard, Suite 1400, McLean, VA
Iridium Communications Inc Stock (IRDM) Upgrades & Downgrades
Date | Action | Analyst | Rating Change |
---|---|---|---|
Feb-16-24 | Downgrade | BWS Financial | Buy → Neutral |
Feb-15-24 | Downgrade | William Blair | Outperform → Mkt Perform |
Sep-18-23 | Upgrade | Deutsche Bank | Hold → Buy |
Jul-27-23 | Upgrade | Barclays | Equal Weight → Overweight |
Jun-22-23 | Initiated | Deutsche Bank | Hold |
Oct-19-22 | Downgrade | Barclays | Overweight → Equal Weight |
Feb-22-22 | Upgrade | Barclays | Equal Weight → Overweight |
Feb-18-22 | Upgrade | Raymond James | Outperform → Strong Buy |
Jan-27-22 | Upgrade | Sidoti | Neutral → Buy |
Oct-20-21 | Upgrade | BWS Financial | Neutral → Buy |
Aug-03-21 | Initiated | Morgan Stanley | Overweight |
Jul-26-21 | Upgrade | Barclays | Underweight → Equal Weight |
Mar-03-21 | Upgrade | Raymond James | Mkt Perform → Outperform |
Feb-12-21 | Downgrade | Barclays | Overweight → Underweight |
Feb-08-21 | Downgrade | Raymond James | Outperform → Mkt Perform |
Dec-11-20 | Downgrade | Sidoti | Buy → Neutral |
Feb-18-20 | Downgrade | Sidoti | Buy → Neutral |
Oct-09-19 | Upgrade | Sidoti | Neutral → Buy |
Apr-24-19 | Downgrade | Raymond James | Strong Buy → Outperform |
Sep-10-18 | Downgrade | Northland Capital | Market Perform → Under Perform |
Aug-27-18 | Downgrade | Sidoti | Buy → Neutral |
May-09-18 | Initiated | BWS Financial | Buy |
Aug-01-14 | Upgrade | CRT Capital | Fair Value → Buy |
Aug-29-13 | Initiated | Chardan Capital Markets | Neutral |
Jul-21-11 | Initiated | Morgan Keegan | Outperform |
Jan-21-11 | Reiterated | RBC Capital Mkts | Outperform |
Dec-20-10 | Downgrade | Stifel Nicolaus | Buy → Hold |
View All
Iridium Communications Inc Stock (IRDM) Latest News
Want Better Returns? Don?t Ignore These 2 Computer and Technology Stocks Set to Beat Earnings
Zacks Investment Research
The Analyst Verdict: Iridium Comms In The Eyes Of 4 Experts
Benzinga
Iridium (IRDM) Q1 Earnings Match Estimates, Revenues Down Y/Y
Zacks Investment Research
Itron (ITRI) Gains 74% in a Year: Will the Trend Continue?
Zacks Investment Research
Cadence (CDNS) Unveils New Palladium Z3 Emulation System
Zacks Investment Research
Iridium (IRDM) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research
Iridium Communications Inc Stock (IRDM) Financials Data
Iridium Communications Inc (IRDM) Revenue 2024
IRDM reported a revenue (TTM) of $789.30 million for the quarter ending March 31, 2024, a +4.12% rise year-over-year.
Iridium Communications Inc (IRDM) Net Income 2024
IRDM net income (TTM) was $25.29 million for the quarter ending March 31, 2024, a +61.38% increase year-over-year.
Iridium Communications Inc (IRDM) Cash Flow 2024
IRDM recorded a free cash flow (TTM) of $252.25 million for the quarter ending March 31, 2024, a -5.63% decrease year-over-year.
Iridium Communications Inc (IRDM) Earnings per Share 2024
IRDM earnings per share (TTM) was $0.21 for the quarter ending March 31, 2024, a +61.54% growth year-over-year.
Iridium Communications Inc Stock (IRDM) Insider Trading
Insider Trading | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total |
---|---|---|---|---|---|---|---|
Harman Jane L. | Director |
Mar 06 '24 |
Sale |
28.41 |
3,798 |
107,901 |
60,517 |
DESCH MATTHEW J | Chief Executive Officer |
Nov 20 '23 |
Buy |
37.01 |
28,000 |
1,036,280 |
706,912 |
Hartin Bryan J. | EVP-Sales and Marketing |
May 03 '23 |
Option Exercise |
9.45 |
11,335 |
107,116 |
92,936 |
Hartin Bryan J. | EVP-Sales and Marketing |
May 03 '23 |
Sale |
64.80 |
27,835 |
1,803,708 |
65,101 |
NIEHAUS ROBERT H | Director |
May 01 '23 |
Option Exercise |
6.20 |
55,776 |
345,811 |
302,650 |
NIEHAUS ROBERT H | Director |
May 01 '23 |
Sale |
63.69 |
55,776 |
3,552,562 |
246,874 |
Hartin Bryan J. | EVP-Sales and Marketing |
Apr 25 '23 |
Option Exercise |
9.45 |
3,697 |
34,937 |
89,730 |
Hartin Bryan J. | EVP-Sales and Marketing |
Apr 25 '23 |
Sale |
66.01 |
8,129 |
536,595 |
81,601 |
About Iridium Communications Inc
Iridium Communications Inc. provides mobile voice and data communications services through satellite to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of things (IoT) services. It also provides other services, such as inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; submarine communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence community, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the department of defense's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.
Cap:
|
Volume (24h):