NASDAQ:TSAT

Telesat (TSAT) Stock Price, News & Analysis

$7.20
+0.04 (+0.56%)
(As of 09:57 AM ET)
Today's Range
$7.02
$7.38
50-Day Range
$7.10
$9.87
52-Week Range
$6.90
$22.75
Volume
1,231 shs
Average Volume
32,021 shs
Market Capitalization
$92.23 million
P/E Ratio
0.86
Dividend Yield
N/A
Price Target
$9.00

Telesat MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
25.0% Upside
$9.00 Price Target
Short Interest
Bearish
1.63% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.17mentions of Telesat in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.16 out of 5 stars

Computer And Technology Sector

501st out of 589 stocks

Communication Services, Not Elsewhere Classified Industry

8th out of 9 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

Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Telesat Full Year 2023 Earnings: EPS Beats Expectations
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Telesat Fourth Quarter 2023 Earnings Conference Call
TSAT Oct 2024 12.500 call
TSAT Apr 2024 10.000 call
TSAT Mar 2024 10.000 call
Telesat: Top 10 Undervalued Hardware Industry Stocks (TSAT)
Telesat Corporation
Telesat Corp Class A TSAT
Telesat Corp Class A
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.

Company Calendar

Last Earnings
3/28/2024
Today
5/07/2024
Next Earnings (Confirmed)
5/10/2024
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
+26.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$116.39 million
Pretax Margin
95.56%

Debt

Sales & Book Value

Annual Sales
$521.59 million
Cash Flow
$9.39 per share
Book Value
$138.78 per share

Miscellaneous

Free Float
7,606,000
Market Cap
$91.46 million
Optionable
Optionable
Beta
2.11
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

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 analysts have issued 12 month target prices for Telesat's stock. Their TSAT share price targets range from $9.00 to $9.00. On average, they expect the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 25.0% 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 the year. Since then, TSAT shares have decreased by 31.0% and is now trading at $7.20.
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 data on Thursday, March, 28th. The company reported $0.22 earnings per share for the quarter. The company 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 issued an update on its FY 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share (EPS) 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 variety 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.

This page (NASDAQ:TSAT) was last updated on 5/8/2024 by MarketBeat.com Staff

From Our Partners