Telesat (NASDAQ:TSAT - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of ($0.56) by $1.09, Zacks reports. Telesat had a net margin of 7.99% and a negative return on equity of 3.16%. The firm had revenue of $81.12 million for the quarter, compared to analyst estimates of $106.67 million.
Telesat Price Performance
Shares of TSAT traded up $0.72 during mid-day trading on Friday, hitting $16.49. 50,994 shares of the company traded hands, compared to its average volume of 57,236. The company has a current ratio of 4.36, a quick ratio of 4.36 and a debt-to-equity ratio of 1.11. The business has a 50-day moving average of $18.19 and a 200 day moving average of $16.81. Telesat has a one year low of $7.18 and a one year high of $25.38. The stock has a market capitalization of $224.94 million, a price-to-earnings ratio of 6.79 and a beta of 2.02.
Telesat Company Profile
(
Get Free Report)
Telesat Corporation, a satellite operator, provides mission-critical communications solutions to broadcast, enterprise, and consulting customers worldwide. The company's satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers' homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services.
Further Reading
Before you consider Telesat, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Telesat wasn't on the list.
While Telesat currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
