Shares of Intelsat SA (NYSE:I) have earned an average recommendation of “Hold” from the five analysts that are presently covering the company. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $4.67.
I has been the subject of a number of research analyst reports. Zacks Investment Research cut Intelsat SA from a “hold” rating to a “sell” rating in a research note on Monday, January 2nd. Royal Bank of Canada upgraded Intelsat SA from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $2.20 to $6.25 in a research note on Wednesday, January 25th. Finally, Barclays PLC set a $3.00 price objective on Intelsat SA and gave the stock a “hold” rating in a research note on Wednesday, January 25th.
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Intelsat SA (NYSE:I) traded up 0.52% on Tuesday, hitting $3.86. 447,662 shares of the company were exchanged. The stock has a 50 day moving average of $4.13 and a 200 day moving average of $3.46. Intelsat SA has a 52 week low of $2.12 and a 52 week high of $5.87. The company has a market capitalization of $455.60 million, a price-to-earnings ratio of 0.46 and a beta of 1.83.
Intelsat SA (NYSE:I) last released its quarterly earnings results on Tuesday, February 28th. The technology company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.24. Intelsat SA had a negative return on equity of 4.99% and a net margin of 17.03%. The company earned $550.70 million during the quarter, compared to analysts’ expectations of $543.20 million. During the same period last year, the business posted $0.55 earnings per share. The firm’s revenue was down 3.6% compared to the same quarter last year. Analysts predict that Intelsat SA will post ($0.25) EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently made changes to their positions in I. Zacks Investment Management purchased a new position in shares of Intelsat SA during the third quarter valued at about $165,000. Renaissance Technologies LLC boosted its position in shares of Intelsat SA by 78.4% in the fourth quarter. Renaissance Technologies LLC now owns 191,600 shares of the technology company’s stock valued at $512,000 after buying an additional 84,200 shares during the last quarter. Strs Ohio raised its stake in Intelsat SA by 6.3% in the third quarter. Strs Ohio now owns 193,100 shares of the technology company’s stock valued at $523,000 after buying an additional 11,400 shares during the period. California Public Employees Retirement System raised its stake in Intelsat SA by 14.0% in the third quarter. California Public Employees Retirement System now owns 324,300 shares of the technology company’s stock valued at $879,000 after buying an additional 39,800 shares during the period. Finally, Spark Investment Management LLC raised its stake in Intelsat SA by 15.5% in the third quarter. Spark Investment Management LLC now owns 400,300 shares of the technology company’s stock valued at $1,084,000 after buying an additional 53,600 shares during the period. Hedge funds and other institutional investors own 41.27% of the company’s stock.
About Intelsat SA
Intelsat SA operates in satellite services business. The Company provides satellite services to its communications customers around the world. It provides communications services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications in the air and on the seas, multinational corporations and Internet service providers (ISPs).
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