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NASDAQ:TSAT

Telesat (TSAT) Stock Price, News & Analysis

$8.31
+0.27 (+3.36%)
(As of 07/26/2024 ET)
Today's Range
$8.04
$8.36
50-Day Range
$7.67
$11.31
52-Week Range
$6.93
$22.75
Volume
15,599 shs
Average Volume
32,545 shs
Market Capitalization
$113.35 million
P/E Ratio
1.16
Dividend Yield
N/A
Price Target
$9.00

Telesat MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.3% Upside
$9.00 Price Target
Short Interest
Healthy
1.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.43mentions of Telesat in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($6.73) to ($10.40) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.58 out of 5 stars

Computer And Technology Sector

498th out of 612 stocks

Communication Services, Not Elsewhere Classified Industry

5th out of 10 stocks

TSAT stock logo

About Telesat Stock (NASDAQ:TSAT)

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. It offers value-added services that include satellite capacity, digital encoding of video channels, authorization, and uplinking and downlinking services; and occasional use services for the broadcast of video news, sports, and live event coverages. The company also provides satellite capacity and end-to-end services comprising space segment services and terrestrial facilities for enterprise connectivity, and internet and cellular backhaul; rural telephony to telecommunications carriers and network services integrators; and other satellite services. In addition, it offers direct-to-consumer broadband services; communications services for the oil and gas and mining industries; and broadband communication services to maritime and aeronautical markets comprising commercial airplanes and vessels. Further, the company operates satellite and hybrid satellite/terrestrial networks. Additionally, it provides satellite operator services; and consulting services related to space and earth segments, government studies, research and development, and satellite control services. The company offers its services primarily through a direct sales force. As of December 31, 2020, it operated a fleet of 15 in-orbit geostationary satellites and a Canadian payload on the ViaSat-1 satellite. The company was founded in 1969 and is headquartered in Ottawa, Canada. Telesat Corporation is a subsidiary of Loral Space & Communications Inc.

TSAT Stock Price History

TSAT Stock News Headlines

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Telesat Corp.
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Telesat Full Year 2023 Earnings: EPS Beats Expectations
Telesat Fourth Quarter 2023 Earnings Conference Call
See More Headlines
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Company Calendar

Last Earnings
5/10/2024
Today
7/26/2024
Next Earnings (Estimated)
8/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:TSAT
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+8.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$116.39 million
Pretax Margin
87.59%

Debt

Sales & Book Value

Annual Sales
$521.59 million
Cash Flow
$9.55 per share
Book Value
$130.57 per share

Miscellaneous

Free Float
8,103,000
Market Cap
$113.35 million
Optionable
Optionable
Beta
2.25
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TSAT Stock Analysis - Frequently Asked Questions

How have TSAT shares performed this year?

Telesat's stock was trading at $10.43 at the beginning of the year. Since then, TSAT shares have decreased by 20.3% and is now trading at $8.31.
View the best growth stocks for 2024 here
.

How were Telesat's earnings last quarter?

Telesat Corp (NASDAQ:TSAT) released its quarterly earnings results on Friday, May, 10th. The company reported ($0.80) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.80). The business earned $112.88 million during the quarter, compared to analysts' expectations of $107.27 million. Telesat had a net margin of 20.08% and a negative trailing twelve-month return on equity of 2.57%.

Who are Telesat's major shareholders?

Top institutional shareholders of Telesat include ARS Investment Partners LLC (0.11%).

How do I buy shares of Telesat?

Shares of TSAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TSAT) was last updated on 7/26/2024 by MarketBeat.com Staff

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