Iridium Communications (IRDM)
(Delayed Data from NSDQ)
$29.22 USD
+1.34 (4.81%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $29.19 -0.03 (-0.10%) 7:58 PM ET
3-Hold of 5 3
D Value B Growth C Momentum C VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
IRDM 29.22 +1.34(4.81%)
Will IRDM be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for IRDM based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for IRDM
Why Iridium Communications (IRDM) is a Top Growth Stock for the Long-Term
Why Iridium Communications (IRDM) is a Top Growth Stock for the Long-Term
IRDM: What are Zacks experts saying now?
Zacks Private Portfolio Services
Iridium Boosts Maritime Safety & Communications With Certus GMDSS
Here's Why Iridium Communications (IRDM) is a Strong Momentum Stock
Here's Why Iridium Communications (IRDM) is a Strong Momentum Stock
Other News for IRDM
Iridium Communications Inc (IRDM) Trading 4.02% Higher on Sep 20
Iridium Board of Directors Approves Additional $500 Million Share Repurchase Program; Since Inception Authorizations Now Total $1.5 Billion
Tracking Ron Baron's BAMCO Portfolio - Q2 2024 Update
Iridium announces $500M share repurchase program
Iridium announces $500M share repurchase program