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Biden To Unleash "Choke Point" Operation On America? (Ad)
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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ruling halts oil exports from Iraq's Kurdish area via Turkey
The "King Of Quants" sees 10X potential... (Ad)
Venezuela: 21 officials, businessmen arrested in oil scheme
Finnish leadership condemns attack on veteran lawmaker
Biden To Unleash "Choke Point" Operation On America? (Ad)
Canada pledges Great Lakes funding after Trudeau-Biden talks
Challenger wins close race to lead United Auto Workers union
Biden To Unleash "Choke Point" Operation On America? (Ad)
Travel disruption hits Germany on eve of transport strike
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ruling halts oil exports from Iraq's Kurdish area via Turkey
The "King Of Quants" sees 10X potential... (Ad)
Venezuela: 21 officials, businessmen arrested in oil scheme
Finnish leadership condemns attack on veteran lawmaker
Biden To Unleash "Choke Point" Operation On America? (Ad)
Canada pledges Great Lakes funding after Trudeau-Biden talks
Challenger wins close race to lead United Auto Workers union
Biden To Unleash "Choke Point" Operation On America? (Ad)
Travel disruption hits Germany on eve of transport strike
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ruling halts oil exports from Iraq's Kurdish area via Turkey
The "King Of Quants" sees 10X potential... (Ad)
Venezuela: 21 officials, businessmen arrested in oil scheme
Finnish leadership condemns attack on veteran lawmaker
Biden To Unleash "Choke Point" Operation On America? (Ad)
Canada pledges Great Lakes funding after Trudeau-Biden talks
Challenger wins close race to lead United Auto Workers union
Biden To Unleash "Choke Point" Operation On America? (Ad)
Travel disruption hits Germany on eve of transport strike
Technical issues at Lufthansa cause delays in Frankfurt
NASDAQ:IRDM

Iridium Communications - IRDM Competitors

$59.85
+0.16 (+0.27%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$58.73
$59.88
50-Day Range
$56.91
$64.99
52-Week Range
$32.88
$65.41
Volume
578,561 shs
Average Volume
866,125 shs
Market Capitalization
$7.58 billion
P/E Ratio
855.12
Dividend Yield
0.87%
Price Target
$63.75

IRDM vs. LITE, DBX, PSTG, WCC, WOLF, CIEN, ST, BILL, NVT, and OLED

Should you be buying Iridium Communications stock or one of its competitors? The main competitors of Iridium Communications include Lumentum (LITE), Dropbox (DBX), Pure Storage (PSTG), WESCO International (WCC), Wolfspeed (WOLF), Ciena (CIEN), Sensata Technologies (ST), BILL (BILL), nVent Electric (NVT), and Universal Display (OLED). These companies are all part of the "computer and technology" sector.

Iridium Communications vs.

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

Lumentum received 400 more outperform votes than Iridium Communications when rated by MarketBeat users. Likewise, 73.69% of users gave Lumentum an outperform vote while only 59.10% of users gave Iridium Communications an outperform vote.

CompanyUnderperformOutperform
LumentumOutperform Votes
871
73.69%
Underperform Votes
311
26.31%
Iridium CommunicationsOutperform Votes
471
59.10%
Underperform Votes
326
40.90%

Lumentum has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 1.11, meaning that its share price is 11% more volatile than the S&P 500.

Lumentum has higher revenue and earnings than Iridium Communications. 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
Lumentum$1.71 billion2.06$198.90 million$0.37138.89
Iridium Communications$721.03 million10.51$8.72 million$0.07855.12

92.5% of Lumentum shares are owned by institutional investors. Comparatively, 83.8% of Iridium Communications shares are owned by institutional investors. 0.5% of Lumentum shares are owned by company insiders. Comparatively, 2.5% of Iridium Communications shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Iridium Communications had 4 more articles in the media than Lumentum. MarketBeat recorded 7 mentions for Iridium Communications and 3 mentions for Lumentum. Iridium Communications' average media sentiment score of 1.29 beat Lumentum's score of 0.31 indicating that Iridium Communications is being referred to more favorably in the news media.

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

Lumentum has a net margin of 1.56% compared to Iridium Communications' net margin of 1.21%. Lumentum's return on equity of 17.77% beat Iridium Communications' return on equity.

Company Net Margins Return on Equity Return on Assets
Lumentum 1.56% 17.77% 7.13%
Iridium Communications 1.21% 0.75% 0.29%

Lumentum currently has a consensus price target of $68.43, indicating a potential upside of 33.16%. Iridium Communications has a consensus price target of $63.75, indicating a potential upside of 6.52%. Given Lumentum's higher probable upside, research analysts plainly believe Lumentum is more favorable than Iridium Communications.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lumentum
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54
Iridium Communications
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.00

Summary

Lumentum beats Iridium Communications on 11 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$7.56B$763.33M$13.86B$5.88B
Dividend Yield0.87%2.24%4.35%4.53%
P/E Ratio855.1242.29278.1911.18
Price / Sales10.5174.61874.8356.13
Price / Cash23.6718.5125.48104.20
Price / Book6.662.018.574.93
Net Income$8.72M$6.00M$537.92M$190.66M
7 Day Performance1.00%5.60%1.14%0.68%
1 Month Performance-3.17%-6.64%-3.45%-6.00%
1 Year Performance47.12%-13.31%-17.01%-18.29%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LITE
Lumentum
2.6394 of 5 stars
$50.86
-2.2%
$68.43
+34.5%
-48.0%$3.48B$1.71B137.466,815
DBX
Dropbox
2.6134 of 5 stars
$20.86
-1.4%
$26.43
+26.7%
-9.1%$7.46B$2.32B13.553,118News Coverage
PSTG
Pure Storage
2.9802 of 5 stars
$24.50
-2.3%
$36.68
+49.7%
-33.7%$7.41B$2.75B116.674,200Insider Selling
WCC
WESCO International
3.3424 of 5 stars
$144.11
-2.3%
$189.00
+31.1%
+4.0%$7.36B$21.42B9.3920,000Positive News
WOLF
Wolfspeed
0 of 5 stars
$61.19
-4.1%
N/AN/A$7.61B$873.90M-50.164,017News Coverage
CIEN
Ciena
3.1903 of 5 stars
$48.79
-2.6%
$64.00
+31.2%
-18.6%$7.28B$3.63B39.998,079
ST
Sensata Technologies
2.8503 of 5 stars
$46.86
-1.9%
$55.29
+18.0%
-8.5%$7.15B$4.03B23.3120,800
BILL
BILL
2.301 of 5 stars
$74.00
-5.6%
$155.29
+109.9%
-68.5%$7.87B$641.96M-22.222,269Analyst Report
News Coverage
NVT
nVent Electric
2.2827 of 5 stars
$41.64
-2.3%
$44.00
+5.7%
+17.9%$6.89B$2.91B17.5710,400News Coverage
Positive News
OLED
Universal Display
2.7122 of 5 stars
$144.89
-1.1%
$146.90
+1.4%
-13.4%$6.85B$616.62M32.93409
This page (NASDAQ:IRDM) was last updated on 3/26/2023 by MarketBeat.com Staff