NASDAQ:TSAT Telesat (TSAT) Stock Price, News & Analysis → Write this ticker symbol down… (From StocksToTrade) (Ad) Free TSAT Stock Alerts $9.47 -0.52 (-5.21%) (As of 06/7/2024 08:52 PM ET) Add Compare Share Share Today's Range$9.47▼$10.0050-Day Range$7.10▼$11.3152-Week Range$6.93▼$22.75Volume25,000 shsAverage Volume34,129 shsMarket Capitalization$128.89 millionP/E Ratio1.32Dividend 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/Downside5.0% Downside$9.00 Price TargetShort InterestHealthy1.61% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider 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.0.87 out of 5 starsComputer And Technology Sector527th out of 575 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 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 3.0 Short Interest Percentage of Shares Shorted1.61% of the float of Telesat has been sold short.Short Interest Ratio / Days to CoverTelesat has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Telesat has recently decreased by 0.69%, 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 3.3 News and Social Media Coverage News SentimentTelesat has a news sentiment score of 1.00. 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 0.82 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Telesat this week, compared to 1 article on an average week.Search Interest2 people have searched for TSAT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows1 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 ($6.73) to ($10.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Telesat is 1.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Telesat is 1.32, 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 238.59.Price to Book Value per Share RatioTelesat has a P/B Ratio of 0.07. 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 StocksToTradeWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made millionaire Tim Bohen is giving you an inside look at the megatrend that’s going to change everything.Discover the #1 company leading this revolution 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 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 2024May 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 CallMarch 20, 2024 | finance.yahoo.comTSAT Oct 2024 12.500 callMarch 16, 2024 | ca.finance.yahoo.comTSAT Apr 2024 10.000 callMarch 14, 2024 | globenewswire.comThinKom and Telesat Expand Agreement for Low Earth Orbit OperationsFebruary 22, 2024 | benzinga.comTelesat Stock (NASDAQ:TSAT) Dividends: History, Yield and DatesFebruary 21, 2024 | globenewswire.comAvanti Communications Signs Strategic Collaboration Agreement With Telesat as Part of New Multi-Orbit StrategyFebruary 17, 2024 | finance.yahoo.comTSAT Mar 2024 10.000 callFebruary 15, 2024 | finance.yahoo.comTelesat Opens Annual Scholarship Programs for Women & Indigenous StudentsFebruary 15, 2024 | globenewswire.comTelesat Opens Annual Scholarship Programs for Women & Indigenous StudentsFebruary 6, 2024 | markets.businessinsider.comTelesat Selected as One of the National Capital Region’s Top Employers for 2024January 28, 2024 | theglobeandmail.comTelesat: Top 10 Undervalued Hardware Industry Stocks (TSAT)January 17, 2024 | finance.yahoo.comMage Networks Signs Memorandum of Understanding for Telesat Lightspeed ServicesJanuary 17, 2024 | finance.yahoo.comMage Networks Signs Memorandum of Understanding for Telesat Lightspeed ServicesSee 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 Earnings5/10/2024Today6/10/2024Next 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-5.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$7.17 Trailing P/E Ratio1.32 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 / Sales0.25 Cash Flow$9.28 per share Price / Cash Flow1.02 Book Value$130.57 per share Price / Book0.07Miscellaneous Outstanding Shares13,610,000Free Float8,084,000Market Cap$128.89 million OptionableOptionable Beta2.25 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesDaniel S. GoldbergPresident & Chief Executive OfficerChristopher Stephen DiFrancescoSecretary & DirectorKey CompetitorsSlamNASDAQ:SLAMSpire GlobalNYSE:SPIRMynaricNASDAQ:MYNABuzzFeedNASDAQ:BZFDuCloudlink GroupNASDAQ:UCLView All CompetitorsInstitutional OwnershipGamco 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%Quadrature Capital LtdBought 19,743 shares on 3/25/2024Ownership: 0.154%View All Institutional Transactions TSAT Stock Analysis - Frequently Asked Questions Should I buy or sell Telesat stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Telesat in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TSAT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSAT, but not buy additional shares or sell existing shares. View TSAT analyst ratings or view top-rated stocks. What is Telesat's stock price target for 2024? 1 equities research analysts have issued twelve-month price objectives for Telesat's shares. Their TSAT share price targets range from $9.00 to $9.00. On average, they predict the company's stock price to reach $9.00 in the next twelve months. This suggests that the stock has a possible downside of 5.0%. View analysts price targets for TSAT or view top-rated stocks among Wall Street analysts. How have TSAT shares performed in 2024? Telesat's stock was trading at $10.43 at the beginning of the year. Since then, TSAT stock has decreased by 9.2% and is now trading at $9.47. View the best growth stocks for 2024 here. When is Telesat's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 9th 2024. View our TSAT earnings forecast. How were Telesat's earnings last quarter? Telesat Corp (NASDAQ:TSAT) posted its earnings results on Friday, May, 10th. The company reported ($0.80) EPS for the quarter, hitting analysts' consensus estimates of ($0.80). The business earned $112.88 million during the quarter, compared to the consensus estimate of $107.27 million. Telesat had a negative trailing twelve-month return on equity of 2.57% and a net margin of 20.08%. What ETFs hold Telesat's stock? ETFs with the largest weight of Telesat (NASDAQ:TSAT) stock in their portfolio include Simplify Propel Opportunities ETF (SURI).Procure Space ETF (UFO). What guidance has Telesat issued on next quarter's earnings? Telesat issued an update on its FY 2024 earnings guidance on Friday, May, 17th. The company provided EPS guidance of for the period. The company issued revenue guidance of $403.7 million-$418.5 million, compared to the consensus revenue estimate of $444.5 million. Who are Telesat's major shareholders? Telesat's stock is owned by many different institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (16.70%), Gabelli Funds LLC (8.00%), Acadian Asset Management LLC (0.06%) and Central Pacific Bank Trust Division (0.05%). 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 6/10/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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