NASDAQ:TSAT Telesat (TSAT) Stock Price, News & Analysis → The Best AI Stock to Own in the World Today is Trading for Just $25 (From Banyan Hill Publishing) (Ad) Free TSAT Stock Alerts $7.39 +0.23 (+3.21%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$7.02▼$7.4550-Day Range$7.10▼$9.8752-Week Range$6.90▼$22.75Volume16,467 shsAverage Volume32,194 shsMarket Capitalization$94.67 millionP/E Ratio0.88Dividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Telesat alerts: Email Address Telesat MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside21.8% Upside$9.00 Price TargetShort InterestBearish1.63% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.17Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.1.14 out of 5 starsComputer And Technology Sector504th out of 592 stocksCommunication Services, Not Elsewhere Classified Industry9th out of 11 stocks 2.0 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 2.0 Short Interest Percentage of Shares Shorted1.63% of the float of Telesat has been sold short.Short Interest Ratio / Days to CoverTelesat has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Telesat has recently increased by 19.04%, indicating that investor sentiment is decreasing 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 1.8 News and Social Media Coverage News SentimentTelesat has a news sentiment score of 0.17. 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 0.40 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Telesat this week, compared to 1 article on an average week. 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 Price to Earnings Ratio vs. the MarketThe P/E ratio of Telesat is 0.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Telesat is 0.88, 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 266.19.Price to Book Value per Share RatioTelesat has a P/B Ratio of 0.05. 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 Unstoppable Prosperity“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. Click here to register for free. 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 HeadlinesMay 8, 2024 | americanbankingnews.comTelesat (TSAT) Set to Announce Quarterly Earnings on FridayMay 3, 2024 | globenewswire.comTelesat First Quarter 2024 Earnings Conference CallMay 8, 2024 | Banyan Hill Publishing (Ad)READ THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”May 1, 2024 | msn.comDeutsche Bank Initiates Coverage of Telesat (TSAT) with Hold RecommendationMay 1, 2024 | americanbankingnews.comTelesat (NASDAQ:TSAT) Receives New Coverage from Analysts at Deutsche Bank AktiengesellschaftApril 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 ExpectationsMay 8, 2024 | Banyan Hill Publishing (Ad)READ THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”March 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 ServicesDecember 30, 2023 | thestreet.comTelesat CorporationDecember 4, 2023 | finance.yahoo.comInstitutions own 23% of Telesat Corporation (TSE:TSAT) shares but retail investors control 74% of the companyNovember 14, 2023 | morningstar.comTelesat Corp Class A TSATNovember 14, 2023 | morningstar.comTelesat Corp Class ASee 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 Earnings3/28/2024Today5/08/2024Next Earnings (Confirmed)5/10/2024Fiscal 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+24.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$8.41 Trailing P/E Ratio0.86 Forward P/E RatioN/A P/E GrowthN/ANet Income$116.39 million Net Margins22.44% Pretax Margin95.56% Return on Equity-1.72% Return on Assets-0.60% Debt Debt-to-Equity Ratio1.34 Current Ratio13.19 Quick Ratio13.19 Sales & Book Value Annual Sales$521.59 million Price / Sales0.18 Cash Flow$9.54 per share Price / Cash Flow0.76 Book Value$138.78 per share Price / Book0.05Miscellaneous Outstanding Shares12,810,000Free Float7,606,000Market Cap$92.87 million OptionableOptionable Beta2.11 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 CompetitorsMynaricNASDAQ:MYNAKORE GroupNYSE:KORESlamNASDAQ:SLAMFrequency ElectronicsNASDAQ:FEIMUpland SoftwareNASDAQ:UPLDView All CompetitorsInstitutional OwnershipCentral 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%Heard Capital LLCBought 19,815 shares on 2/13/2024Ownership: 13.886%Gabelli Funds LLCSold 17,275 shares on 2/13/2024Ownership: 8.271%Platform Technology PartnersSold 10,462 shares on 2/13/2024Ownership: 0.326%View All Institutional Transactions TSAT Stock Analysis - Frequently Asked Questions Should I buy or sell Telesat stock right now? 1 Wall Street 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 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 Wall Street research analysts have issued 1-year price objectives for Telesat's stock. Their TSAT share price targets range from $9.00 to $9.00. On average, they anticipate the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 21.8% from the stock's current price. 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 2024. Since then, TSAT stock has decreased by 29.1% and is now trading at $7.39. 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, May 10th 2024. View our TSAT earnings forecast. How were Telesat's earnings last quarter? Telesat Corp (NASDAQ:TSAT) issued its quarterly earnings results on Thursday, March, 28th. The company reported $0.22 earnings per share (EPS) for the quarter. The business had revenue of $121.87 million for the quarter. Telesat had a net margin of 22.44% and a negative trailing twelve-month return on equity of 1.72%. 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 updated its FY 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $403.7 million-$418.5 million. Who are Telesat's major shareholders? Telesat's stock is owned by a number of institutional and retail investors. Top institutional shareholders include 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. 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