Home Sectors Communication Services Present Technicals: Iridium Communications Inc (NASDAQ: IRDM)

Present Technicals: Iridium Communications Inc (NASDAQ: IRDM)


Iridium Communications Inc is in the communication services sector and communication services industry. The company CEO is Matthew J. Desch. Iridium Communications Inc is a United States based company which is engaged in providing mobile voice and data communications services through a constellation of low earth orbiting satellites.

Previous Intraday Trading Performance:

The IRDM stock showed a previous change of -0.21% with an open at 18.98 and a close of 19.05. It reached an intraday high of 19.35 and a low of 18.70.

PR Newswire:  Iridium Announces Release Date For Fourth-Quarter 2018 Financial Results


The stock has a market cap of $2.1b with 111.3m shares outstanding, of which the float is 105.3m shares. Trading volume reached 567,713 shares compared to its average volume of 757,698 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Iridium Communications Inc shares returned -1.91% and in the past 30 trading days it returned 3.31%. Over three months, it changed -12.53%. In one year it has changed 58.09% and within that year its 52-week high was 24.35 and its 52-week low was 10.75. IRDM stock is 77.21% above its 52 Week Low.

Our calculations show a 200 day moving average of 18.38 and a 50 day moving average of 20.03. Currently IRDM stock is trading 3.67% above its 200 day moving average and may be a good opportunity to buy.

PR Newswire:  Iridium Announces Release Date For Fourth-Quarter 2018 Financial Results


The last annual fiscal EPS for the company was reported at 1.83 that ended on 31st of December 2017, which according to the previous close, that is a PE of 10.41. Based on 4 analyst estimates, the consensus EPS for the next quarter is -0.16. The TTM EPS is 0.04, which comes to a TTM PE of 476.25.

The following are the last four quarter reported earnings per share:
09-30-2018:  -0.13
06-30-2018:  0.02
03-31-2018:  0.07
12-31-2017:  0.08

Base on our calculations, the intrinsic value per share is 37.29, which means it is possibly undervalued and has a margin of safety of 48.91%

Indicators to Watch:

Based on the latest filings, there is 131.60% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 2.10

SeekingAlpha:  AAL, LUV among premarket gainers

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 8.19%, return on assets is 3.16%, profit margin is -1.48%, price-to-sales is 5.44 and price-to-book is 1.35.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 1  :Past Performance Score
 1  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.