Iridium Communications Inc [IRDM] stock prices are down -0.17% to $24.12 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IRDM shares have gain 11.61% over the last week, with a monthly amount drifted -12.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Iridium Communications Inc [NASDAQ: IRDM] stock has seen the most recent analyst activity on April 22, 2025, when William Blair upgraded its rating to a Outperform. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on January 24, 2025, and set its price target to $40. On February 16, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $30 on the stock. William Blair downgraded its rating to a Mkt Perform. Deutsche Bank upgraded its rating to a Buy but $57 remained the price target by the analyst firm on September 18, 2023. Barclays upgraded its rating to Overweight for this stock on July 27, 2023, and downed its price target to $65. In a note dated June 22, 2023, Deutsche Bank initiated an Hold rating and provided a target price of $61 on this stock.
The stock price of Iridium Communications Inc [IRDM] has been fluctuating between $19.91 and $35.85 over the past year. Iridium Communications Inc [NASDAQ: IRDM] shares were valued at $24.12 at the most recent close of the market.
Analyzing the IRDM fundamentals
The Iridium Communications Inc [NASDAQ:IRDM] reported sales of 841.71M for trailing twelve months, representing a surge of 5.41%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.19 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 23.74 points at the first support level, and at 23.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.52, and for the 2nd resistance point, it is at 24.93.
Ratios To Look Out For
It’s worth pointing out that Iridium Communications Inc [NASDAQ:IRDM]’s Current Ratio is 1.99. Further, the Quick Ratio stands at 1.36, while the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 3.10, the price to book ratio is 5.06 and price to earnings (TTM) ratio is 22.65.
Transactions by insiders
Recent insider trading involved Olson Eric T, Director, that happened on Feb 18 ’25 when 4955.0 shares were sold. CHIEF LEGAL OFFICER, Morgan Kathleen A. completed a deal on Feb 18 ’25 to sell 15005.0 shares. Meanwhile, Director Olson Eric T bought 4955.0 shares on Feb 18 ’25.
