IRDM: Iridium Communications, Inc.
About
Iridium Communications, Inc. engages in the provision of global satellite communications services and products. Its products include personal communicators, messengers, and trackers, satellite phones, push-to-talk-devices, broadband, midband, and external terminals, docking stations, apps, and accessories. It offers its services to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers via satellite network. The company was founded in 2000 and is headquartered in McLean, VA.
Current Value
$30.591 Year Return
Current Value
$30.591 Year Return
Key Details
Market Cap
$3.48B
P/E Ratio
32.41
1Y Stock Return
-23.12%
1Y Revenue Growth
2.86%
Dividend Yield
1.26%
Price to Book
5.3
Strategies that include IRDM
Stock's related to IRDM
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| VSAT | 42.22% | $1.29B | -57.64% | 0.00% |
| HLF | 38.92% | $797.26M | -38.92% | 0.00% |
| MTW | 36.72% | $371.64M | -33.21% | 0.00% |
| FSLY | 36.28% | $1.38B | -44.98% | 0.00% |
| BZH | 35.24% | $1.08B | +25.54% | 0.00% |
| NUS | 34.55% | $379.29M | -56.70% | 3.16% |
| SABR | 34.10% | $1.52B | +2.60% | 0.00% |
| OPEN | 33.80% | $1.52B | -37.54% | 0.00% |
| NCNO | 33.66% | $4.80B | +42.00% | 0.00% |
| UAA | 33.49% | $4.39B | +18.83% | 0.00% |
| YETI | 33.48% | $3.49B | -10.75% | 0.00% |
| UPBD | 33.36% | $1.89B | +11.94% | 4.26% |
| UA | 32.93% | $3.95B | +13.56% | 0.00% |
| JOBY | 32.90% | $6.20B | +24.77% | 0.00% |
| FIGS | 32.81% | $918.68M | -26.49% | 0.00% |
| CSV | 32.78% | $616.08M | +72.14% | 1.12% |
| CUK | 32.72% | $3.42B | +60.71% | 0.00% |
| CVCO | 32.62% | $4.21B | +74.15% | 0.00% |
| BEAM | 32.42% | $2.34B | -4.28% | 0.00% |
| UNF | 32.31% | $3.60B | +13.57% | 0.66% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PSX | -0.05% | $56.34B | +6.22% | 3.28% |
| PBT | -0.09% | $611.51M | -20.63% | 4.73% |
| KNSL | 0.11% | $11.63B | +43.11% | 0.12% |
| CORZ | -0.18% | $4.48B | +2,051.37% | 0.00% |
| PRPH | 0.29% | $18.76M | -83.80% | 0.00% |
| AMED | 0.31% | $2.99B | -2.47% | 0.00% |
| BPMC | 0.36% | $6.20B | +34.24% | 0.00% |
| UVE | -0.41% | $635.03M | +33.89% | 2.84% |
| META | 0.47% | $1.50T | +85.25% | 0.25% |
| ALXO | 0.57% | $87.55M | -80.00% | 0.00% |
| SMMT | 0.59% | $13.63B | +721.78% | 0.00% |
| SLVM | 0.60% | $3.82B | +77.07% | 1.60% |
| T | 0.62% | $162.88B | +36.25% | 4.73% |
| GYRE | -0.63% | $1.11B | -26.34% | 0.00% |
| VRTX | -0.66% | $119.94B | +32.83% | 0.00% |
| NEU | 0.68% | $5.20B | +1.09% | 1.80% |
| CASI | -0.69% | $52.91M | -33.31% | 0.00% |
| TARS | -0.70% | $1.93B | +207.06% | 0.00% |
| RNR | 0.75% | $14.93B | +37.70% | 0.54% |
| INSM | -0.82% | $12.96B | +168.52% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CREG | -17.22% | $6.32M | -35.67% | 0.00% |
| DOGZ | -15.81% | $604.58M | +1,509.83% | 0.00% |
| MCK | -13.28% | $78.87B | +35.27% | 0.43% |
| APP | -12.60% | $114.30B | +811.40% | 0.00% |
| NFLX | -12.39% | $383.75B | +97.78% | 0.00% |
| HUSA | -12.35% | $17.54M | -25.14% | 0.00% |
| NHTC | -12.09% | $62.40M | +1.12% | 14.81% |
| LUNR | -10.38% | $1.18B | +337.24% | 0.00% |
| CRVO | -10.08% | $86.58M | +13.90% | 0.00% |
| STNG | -9.77% | $2.67B | -9.16% | 3.15% |
| FROG | -9.70% | $3.44B | +9.18% | 0.00% |
| TPST | -9.58% | $41.52M | -71.85% | 0.00% |
| RLMD | -8.61% | $99.27M | +31.08% | 0.00% |
| PEGA | -8.44% | $8.10B | +81.48% | 0.13% |
| FRO | -8.39% | $3.50B | -20.17% | 11.93% |
| LITB | -8.20% | $33.46M | -74.29% | 0.00% |
| KSPI | -7.99% | $20.17B | +10.59% | 3.50% |
| HIHO | -7.79% | $8.58M | -0.52% | 3.50% |
| RSG | -7.78% | $67.32B | +32.23% | 1.02% |
| TCTM | -7.26% | $7.90M | -31.31% | 0.00% |
ETF's related to IRDM
News
Yahoo
For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you...
Yahoo
We came across a bullish thesis on Iridium Communications Inc. (IRDM) on Stock Picker’s Corner’s Substack by Stock Picker’s Corner. In this article, we will summarize the bulls’ thesis on IRDM. Iridium Communications Inc. (IRDM)’s share was trading at $29.64 as of Oct 29th. IRDM’s trailing and forward P/E were 31.87 and 39.06 respectively according to Yahoo […]
Yahoo
Eutelsat America and OneWeb Technologies, in collaboration with Iridium, provides Iridium Certus and STL services for U.S. government customers
Yahoo
Eutelsat America Corp. and OneWeb Technologies, operating in combination as a wholly owned independent U.S. proxy company and subsidiary of Eutelsat Group, announced a partnership agreement with Iridium (IRDM) Communications to provide Iridium Certus and Iridium Satellite Time and Location services to U.S. government customers. EACOWT will now offer an enhanced GNSS-resilient Low Earth Orbit Ku-Band/L-band solution by adding Iridium Certus and Iridium STL services to its portfolio of government
Yahoo
Eutelsat America Corp. and OneWeb Technologies Inc (EACOWT), operating in combination as a wholly owned independent U.S. proxy company and subsidiary of Eutelsat Group, today announced a partnership agreement with Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, to provide Iridium Certus® and Iridium® Satellite Time and Location (STL®) services to U.S. government customers.
Yahoo
Iridium Communications (IRDM) has disclosed a new risk, in the Corporate Activity and Growth category. Iridium Communications faces a significant challenge with the integration of Satelles, Inc., acquired to broaden its positioning, navigation, and timing (PNT) services. The complexities of merging Satelles’ personnel and operations could lead to unexpected expenses and strain on management resources, potentially hampering the anticipated growth of the PNT business. This integration difficulty m
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.