NASDAQ:TSAT Telesat (TSAT) Stock Price, News & Analysis $12.07 +1.13 (+10.33%) (As of 09/13/2024 ET) Add Compare Share Share Today's Range$10.98▼$13.3550-Day Range$7.66▼$12.0752-Week Range$6.93▼$17.58Volume233,469 shsAverage Volume32,077 shsMarket Capitalization$164.63 millionP/E Ratio1.68Dividend 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/Downside25.4% Downside$9.00 Price TargetShort InterestHealthy0.77% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.42Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom $0.87 to ($1.13) 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.1.03 out of 5 starsComputer And Technology Sector516th out of 598 stocksCommunication Services, Not Elsewhere Classified Industry7th out of 9 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 received no research coverage in the past 90 days.Read more about Telesat's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.77% of the float of Telesat has been sold short.Short Interest Ratio / Days to CoverTelesat has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Telesat has recently decreased by 2.56%, indicating that investor sentiment is improving. 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 2.5 News and Social Media Coverage News SentimentTelesat has a news sentiment score of 0.42. 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 lower news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Telesat this week, compared to 1 article on an average week.MarketBeat Follows3 people have added Telesat to their MarketBeat watchlist in the last 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 $0.87 to ($1.13) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Telesat is 1.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Telesat is 1.68, 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 246.14.Price to Book Value per Share RatioTelesat has a P/B Ratio of 0.09. 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 Weiss RatingsWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” 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 HeadlinesSeptember 13 at 9:42 PM | msn.comTelesat secures $2.54B government funding for Lightspeed satellitesSeptember 13 at 4:41 PM | theglobeandmail.comFederal and Quebec governments give billions to Telesat for satellite productionSeptember 15, 2024 | Paradigm Press (Ad)Musk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840.September 13 at 11:10 AM | globenewswire.comTelesat Completes $2.54 Billion Funding Agreements for Telesat Lightspeed Satellite Constellation with Strong Government BackingSeptember 9, 2024 | finance.yahoo.comTelesat Selects Calian to Develop and Deploy Element Management System for Telesat Lightspeed NetworkAugust 16, 2024 | seekingalpha.comTelesat Corporation (TSAT) Q2 2024 Earnings Call TranscriptAugust 16, 2024 | markets.businessinsider.comHold Rating on Telesat: Weighing Solid Performance Against Future Challenges and CompetitionAugust 16, 2024 | finance.yahoo.comTelesat Second Quarter 2024 Earnings: Beats ExpectationsSeptember 15, 2024 | Paradigm Press (Ad)Musk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840.August 16, 2024 | msn.comTelesat Corporation (NASDAQ:TSAT) Q2 2024 Earnings Call TranscriptAugust 15, 2024 | benzinga.comTelesat Shares Surge After Earnings Surprise, 2024 Guidance Remains StrongAugust 14, 2024 | investorplace.comTSAT Stock Earnings: Telesat Beats EPS, Beats Revenue for Q2 2024August 14, 2024 | msn.comTelesat Q2 Earnings PreviewAugust 7, 2024 | globenewswire.comTelesat Second Quarter 2024 Earnings Conference CallAugust 2, 2024 | theglobeandmail.comClosing Bell: Telesat Corp flat on Thursday (TSAT)June 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 NowJune 18, 2024 | nasdaq.comSpire Global Stock Rises with AI-Enhanced Space Analytics (TSAT)See 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 Earnings8/14/2024Today9/15/2024Next Earnings (Estimated)11/04/2024Fiscal 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-25.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$7.17 Trailing P/E Ratio1.68 Forward P/E Ratio13.87 P/E GrowthN/ANet Income$116.39 million Net Margins4.59% Pretax Margin23.54% Return on Equity-5.90% Return on Assets-2.28% Debt Debt-to-Equity Ratio1.15 Current Ratio6.13 Quick Ratio6.13 Sales & Book Value Annual Sales$521.59 million Price / Sales0.32 Cash Flow$10.97 per share Price / Cash Flow1.10 Book Value$130.57 per share Price / Book0.09Miscellaneous Outstanding Shares13,640,000Free Float8,103,000Market Cap$164.63 million OptionableOptionable Beta2.29 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesDaniel S. GoldbergPresident & Chief Executive OfficerChristopher Stephen DiFrancescoSecretary & DirectorKey CompetitorsSlamNASDAQ:SLAMSpire GlobalNYSE:SPIRBuzzFeedNASDAQ:BZFDuCloudlink GroupNASDAQ:UCLKORE GroupNYSE:KOREView All CompetitorsInstitutional OwnershipGabelli Funds LLCSold 122,167 shares on 8/14/2024Ownership: 6.615%Simplify Asset Management Inc.Bought 75,000 shares on 8/13/2024Ownership: 2.681%Renaissance Technologies LLCSold 2,800 shares on 8/9/2024Ownership: 0.210%ARS Investment Partners LLCSold 21,291 shares on 7/17/2024Ownership: 0.114%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 2024. Since then, TSAT shares have increased by 15.7% and is now trading at $12.07. View the best growth stocks for 2024 here. How were Telesat's earnings last quarter? Telesat Corp (NASDAQ:TSAT) released its quarterly earnings data on Wednesday, August, 14th. The company reported ($2.87) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.47 by $5.34. The business had revenue of $111.41 million for the quarter, compared to the consensus estimate of $106.82 million. Telesat had a net margin of 4.59% and a negative trailing twelve-month return on equity of 5.90%. Who are Telesat's major shareholders? Top institutional shareholders of Telesat include Gabelli Funds LLC (6.62%), Simplify Asset Management Inc. (2.68%), Renaissance Technologies LLC (0.21%) and 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. 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