NASDAQ:TSAT Telesat (TSAT) Stock Price, News & Analysis $8.31 +0.27 (+3.36%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$8.04▼$8.3650-Day Range$7.67▼$11.3152-Week Range$6.93▼$22.75Volume15,599 shsAverage Volume32,545 shsMarket Capitalization$113.35 millionP/E Ratio1.16Dividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Telesat alerts: Email Address Telesat MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside8.3% Upside$9.00 Price TargetShort InterestHealthy1.07% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.43Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($6.73) to ($10.40) Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector498th out of 612 stocksCommunication Services, Not Elsewhere Classified Industry5th out of 10 stocks 1.0 Analyst's Opinion Consensus RatingTelesat has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageTelesat has only been the subject of 1 research reports in the past 90 days.Read more about Telesat's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.07% of the float of Telesat has been sold short.Short Interest Ratio / Days to CoverTelesat has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Telesat has recently decreased by 25.94%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldTelesat does not currently pay a dividend.Dividend GrowthTelesat does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TSAT. Previous Next 3.0 News and Social Media Coverage News SentimentTelesat has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Telesat this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for TSAT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Telesat insiders have not sold or bought any company stock.Percentage Held by Insiders40.60% of the stock of Telesat is held by insiders. A high percentage of insider ownership can be a sign of company health.Read more about Telesat's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Telesat are expected to decrease in the coming year, from ($6.73) to ($10.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Telesat is 1.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Telesat is 1.16, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 262.26.Price to Book Value per Share RatioTelesat has a P/B Ratio of 0.06. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Telesat's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceBreaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.Click here for the full story… 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.Read More TSAT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TSAT Stock News HeadlinesJune 20, 2024 | globenewswire.comTelesat Announces Results of 2024 Annual General and Special Meeting of ShareholdersJune 20, 2024 | investorplace.comTrade of the Buy: Telesat (TSAT) Stock Is the Most Shorted Equity Right NowJuly 26, 2024 | Monument Traders Alliance (Ad)NEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...June 18, 2024 | nasdaq.comSpire Global Stock Rises with AI-Enhanced Space Analytics (TSAT)June 6, 2024 | investorplace.comThe 3 Most Undervalued Tech Stocks to Buy in June 2024May 27, 2024 | marketwatch.comTelesat Corp.May 12, 2024 | finance.yahoo.comTelesat Corporation (NASDAQ:TSAT) Q1 2024 Earnings Call TranscriptMay 10, 2024 | msn.comTSAT Stock Earnings: Telesat Reported Results for Q1 2024July 26, 2024 | Porter & Company (Ad)We recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…May 10, 2024 | msn.comTelesat GAAP EPS of -C$1.08, revenue of C$152.18M; reaffirms FY24 outlookMay 10, 2024 | globenewswire.comTelesat Reports Results for the Quarter Ended March 31, 2024May 3, 2024 | globenewswire.comTelesat First Quarter 2024 Earnings Conference CallMay 1, 2024 | msn.comDeutsche Bank Initiates Coverage of Telesat (TSAT) with Hold RecommendationApril 1, 2024 | msn.comTelesat Corporation (NASDAQ:TSAT) Q4 2023 Earnings Call TranscriptApril 1, 2024 | finance.yahoo.comTelesat and Government of Canada Agree to Terms on C$2.14 Billion Loan in Support of Telesat LightspeedMarch 29, 2024 | uk.finance.yahoo.comTelesat Full Year 2023 Earnings: EPS Beats ExpectationsMarch 28, 2024 | globenewswire.comTelesat Reports Results for the Quarter and Twelve Months Ended December 31, 2023March 21, 2024 | globenewswire.comTelesat Fourth Quarter 2023 Earnings Conference CallSee More Headlines Receive TSAT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Telesat and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/10/2024Today7/26/2024Next Earnings (Estimated)8/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Communication services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:TSAT CUSIPN/A CIK1845840 Webwww.loral.com Phone(212) 697-1105Fax212-338-5662EmployeesN/AYear FoundedN/APrice 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 RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$7.17 Trailing P/E Ratio1.16 Forward P/E RatioN/A P/E GrowthN/ANet Income$116.39 million Net Margins20.08% Pretax Margin87.59% Return on Equity-2.57% Return on Assets-0.96% Debt Debt-to-Equity Ratio1.34 Current Ratio11.69 Quick Ratio11.69 Sales & Book Value Annual Sales$521.59 million Price / Sales0.22 Cash Flow$9.55 per share Price / Cash Flow0.87 Book Value$130.57 per share Price / Book0.06Miscellaneous Outstanding Shares13,640,000Free Float8,103,000Market Cap$113.35 million OptionableOptionable Beta2.25 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesDaniel S. GoldbergPresident & Chief Executive OfficerChristopher Stephen DiFrancescoSecretary & DirectorKey CompetitorsSpire GlobalNYSE:SPIRSlamNASDAQ:SLAMBuzzFeedNASDAQ:BZFDMynaricNASDAQ:MYNAuCloudlink GroupNASDAQ:UCLView All CompetitorsInstitutional OwnershipARS Investment Partners LLCSold 21,291 shares on 7/17/2024Ownership: 0.114%Gamco Investors INC. ET ALBought 18,251 shares on 5/15/2024Ownership: 16.702%Gabelli Funds LLCSold 35,000 shares on 5/15/2024Ownership: 7.998%Acadian Asset Management LLCSold 32,134 shares on 5/10/2024Ownership: 0.057%Central Pacific Bank Trust DivisionBought 6,186 shares on 5/3/2024Ownership: 0.048%View All Institutional Transactions 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 From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Ru...Colonial Metals | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | SponsoredElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” ...Porter & Company | Sponsored5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Telesat Corp Please log in to your account or sign up in order to add this asset to your watchlist. Share Telesat With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.