Analyst Ratings for Iridium Communications Inc. (IRDM)

Updated: 2017-07-28

Analysts covering Iridium Communications Inc. (NASDAQ:IRDM) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for IRDM last month.

4 analysts declared IRDM a buy, 0 gave an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for IRDM. The most optimistic price target was 16, which equates to a potential upside of 46.12 percent. The lowest price target was 11, implying potential capital losses of 0.46 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.44 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 13.86 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of IRDM's earnings is estimated by analysts to be -7.69 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. IRDM has a PEG ratio of -1.5.

IRDM has a 52-week high of 11.58 and a 52-week low of 6.80. Currently the stock is 61.03 percent higher than its low, and 5.44 percent lower than its 52-week high. IRDM has a P/E ratio of 11.53. Investors typically compare the P/E ratio to a company's peers in the industry. The IRDM value stock report compares IRDM to some of its peers using value stock charts. The stock has a market capitalization of $1.06 billion. IRDM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.