Iridium Communications (NASDAQ:IRDM)

CAPS Rating: 4 out of 5

Iridium Communications Inc. provides satellite voice and data communications services to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers worldwide.


Player Avatar ScalaAnalyst (< 20) Submitted: 11/4/2012 6:12:13 PM : Outperform Start Price: $6.41 IRDM Score: -11.58

This has a real nice low PE at 6.50/sh compared to it's historical PE and it appears to be nearly totally shorted out. Selling short is now becoming risky as this is near it's 52 week low. Because it has fallen from grace recently, the price to the book ratio is becoming quite favorable. Although it has been hit hard because they haven't met every street analysts expectations, this stock is still show some great earnings growth and sales growth. Perhaps the Analysts should simply lower their expectations slightly. In a troubled market it is hard for a company to grow 20% annually, so, I could learn to live with 13% to 15% annual growth. Debt to equity ratio is low and they are cranking positive earnings. All together a win-win in my portfolio.

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