Why Iridium Communications (IRDM) is a Top Value Stock for the Long-Term

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates, access to the Zacks Rank, and Premium stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum [2][3] - The Value Score identifies attractive stocks using ratios like P/E and Price/Sales, focusing on good prices before the market recognizes their value [3] - The Growth Score evaluates a company's future prospects through projected earnings and sales, targeting stocks with sustainable growth [4] - The Momentum Score helps investors capitalize on price trends, using metrics like weekly price changes and monthly earnings estimate changes [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investing styles [6] Zacks Rank - The Zacks Rank is a proprietary model based on earnings estimate revisions, assisting investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - With over 800 top-rated stocks available, the Style Scores help investors narrow down their choices to maximize returns [9] Stock Highlight: Iridium Communications - Iridium Communications Inc, a satellite communications company, is rated 2 (Buy) on the Zacks Rank and has a VGM Score of B [11] - The company has a Value Style Score of B, supported by a forward P/E ratio of 25.76, making it attractive for value investors [12] - Analysts have revised earnings estimates upwards, with the Zacks Consensus Estimate increasing by $0.16 to$1.05 per share, and an average earnings surprise of 35.2% [12]