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.

Investment analysts gave a few price targets for IRDM. The most optimistic analyst gave a price target of 16, implying a possible profit of 46.12 percent. The lowest price target was 11, implying a possible loss of 0.46 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0.44 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 13.86 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

IRDM has an estimated earnings growth rate of -7.69 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of IRDM is -1.5.

In the trailing 52-weeks, IRDM hit 11.58 at the highest peak, while it's lowest trading point was 6.80. Today's price is 61.03 percent above the 52-week low, and below the high by 5.44 percent. 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.