Home Sectors Communication Services Latest Trend: Iridium Communications Inc (NASDAQ: IRDM)

Latest Trend: Iridium Communications Inc (NASDAQ: IRDM)

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Iridium Communications Inc is in the communication services industry and is part of the communication services sector. 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 2.28% with an open at 22.98 and a close of 23.36. It reached an intraday high of 23.43 and a low of 22.71.

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Liquidity:

The stock has a market cap of $2.6b with 113.2m shares outstanding, of which the float is 107.0m shares. Trading volume reached 758,338 shares compared to its average volume of 920,601 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 7.60% and in the past 30 trading days it returned -11.52%. Over three months, it changed 1.39%. In one year it has changed 47.85% and within that year its 52-week high was 28.24 and its 52-week low was 15.70. IRDM stock is 48.79% above its 52 Week Low.

Our calculations show a 200 day moving average of 22.07 and a 50 day moving average of 25.22. Currently IRDM stock is trading 5.83% above its 200 day moving average.

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Earnings:

The last annual fiscal EPS for the company was reported at -0.21 that ended on 31st of December 2018. Based on 3 analyst estimates, the consensus EPS for the next quarter is -0.23. The TTM EPS is -0.13.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/23/2019): -0.18
4thQtr of 2018 (Reported on 02/28/2019): -0.09
3rdQtr of 2018 (Reported on 10/25/2018): -0.13
2ndQtr of 2018 (Reported on 07/31/2018): -0.06
1stQtr of 2018 (Reported on 04/26/2018): 0.07

Base on our calculations, the intrinsic value per share is 46.81, which means it is possibly undervalued and has a margin of safety of 50.10%.

Indicators to Watch:

The current calculated beta is 2.16.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -3.21%, return on assets is -1.26%, profit margin is -7.98%, price-to-sales is 4.81 and price-to-book is 1.63.

Company Scores:

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

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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.