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Iridium Communications (IRDM) Competitors

$29.58
-0.40 (-1.33%)
(As of 05/28/2024 ET)

IRDM vs. LITE, USM, AUR, QTWO, LPL, SANM, BOX, FIVN, ATHM, and ACIW

Should you be buying Iridium Communications stock or one of its competitors? The main competitors of Iridium Communications include Lumentum (LITE), United States Cellular (USM), Aurora Innovation (AUR), Q2 (QTWO), LG Display (LPL), Sanmina (SANM), BOX (BOX), Five9 (FIVN), Autohome (ATHM), and ACI Worldwide (ACIW). These companies are all part of the "computer and technology" sector.

Iridium Communications vs.

Iridium Communications (NASDAQ:IRDM) and Lumentum (NASDAQ:LITE) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, institutional ownership, analyst recommendations, media sentiment, earnings, community ranking, profitability, valuation and dividends.

In the previous week, Lumentum had 1 more articles in the media than Iridium Communications. MarketBeat recorded 7 mentions for Lumentum and 6 mentions for Iridium Communications. Iridium Communications' average media sentiment score of 1.77 beat Lumentum's score of 1.47 indicating that Iridium Communications is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Iridium Communications
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Lumentum
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Iridium Communications has a beta of 0.78, meaning that its share price is 22% less volatile than the S&P 500. Comparatively, Lumentum has a beta of 1.09, meaning that its share price is 9% more volatile than the S&P 500.

84.4% of Iridium Communications shares are owned by institutional investors. Comparatively, 94.1% of Lumentum shares are owned by institutional investors. 2.0% of Iridium Communications shares are owned by insiders. Comparatively, 0.6% of Lumentum shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Iridium Communications presently has a consensus target price of $44.75, suggesting a potential upside of 50.67%. Lumentum has a consensus target price of $52.25, suggesting a potential upside of 14.61%. Given Iridium Communications' stronger consensus rating and higher possible upside, equities research analysts clearly believe Iridium Communications is more favorable than Lumentum.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Iridium Communications
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.80
Lumentum
2 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.42

Iridium Communications has higher earnings, but lower revenue than Lumentum. Lumentum is trading at a lower price-to-earnings ratio than Iridium Communications, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Iridium Communications$790.72M4.56$15.41M$0.21141.43
Lumentum$1.77B1.74-$131.60M-$5.25-8.66

Lumentum received 408 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 71.91% of users gave Lumentum an outperform vote while only 58.76% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
Iridium CommunicationsOutperform Votes
483
58.76%
Underperform Votes
339
41.24%
LumentumOutperform Votes
891
71.91%
Underperform Votes
348
28.09%

Iridium Communications has a net margin of 3.20% compared to Lumentum's net margin of -24.91%. Iridium Communications' return on equity of 2.76% beat Lumentum's return on equity.

Company Net Margins Return on Equity Return on Assets
Iridium Communications3.20% 2.76% 0.93%
Lumentum -24.91%-1.72%-0.49%

Summary

Iridium Communications beats Lumentum on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IRDM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IRDM vs. The Competition

MetricIridium CommunicationsCommunications equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$3.61B$690.75M$20.69B$8.08B
Dividend Yield1.73%1.65%2.72%3.96%
P/E Ratio141.4320.02228.3815.01
Price / Sales4.5674.13539.3172.77
Price / Cash10.9523.7429.0928.77
Price / Book4.142.567.034.39
Net Income$15.41M-$4.77M$612.84M$213.15M
7 Day Performance-4.69%-0.67%-0.35%-0.80%
1 Month Performance-5.32%2.32%3.21%3.27%
1 Year Performance-50.82%-6.30%28.21%7.56%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LITE
Lumentum
3.5182 of 5 stars
$46.01
-2.5%
$52.25
+13.6%
-13.7%$3.11B$1.77B-8.767,500Positive News
USM
United States Cellular
2.0207 of 5 stars
$43.00
-3.4%
$45.00
+4.7%
+192.8%$3.78B$3.87B64.184,300News Coverage
Gap Up
Trading Halted
AUR
Aurora Innovation
1.4297 of 5 stars
$2.48
-7.5%
$3.75
+51.2%
+83.6%$3.81B$68M-4.511,800Positive News
QTWO
Q2
0.6069 of 5 stars
$63.54
-0.6%
$55.33
-12.9%
+123.8%$3.82B$624.62M-47.072,315
LPL
LG Display
0.5553 of 5 stars
$3.71
-2.9%
N/A-39.2%$3.82B$22.17T-1.2666,418Short Interest ↓
News Coverage
SANM
Sanmina
3.844 of 5 stars
$66.87
-0.3%
$62.33
-6.8%
+23.5%$3.73B$8.94B15.8134,000Analyst Upgrade
BOX
BOX
4.2701 of 5 stars
$26.58
-1.5%
$30.89
+16.2%
-8.9%$3.84B$1.04B39.672,530News Coverage
FIVN
Five9
3.0421 of 5 stars
$52.45
-2.2%
$84.88
+61.8%
-14.9%$3.87B$910.49M-61.712,684Short Interest ↑
Positive News
ATHM
Autohome
2.5137 of 5 stars
$28.63
-1.8%
$46.00
+60.7%
-9.6%$3.68B$1.01B13.575,511Dividend Announcement
Short Interest ↑
ACIW
ACI Worldwide
3.5044 of 5 stars
$36.74
-1.5%
$40.00
+8.9%
+50.2%$3.90B$1.45B27.423,212Positive News

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This page (NASDAQ:IRDM) was last updated on 5/28/2024 by MarketBeat.com Staff

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