Other analysts have also issued reports about the stock. ValuEngine raised shares of Intelsat from a sell rating to a hold rating in a research note on Sunday, December 31st. Zacks Investment Research raised shares of Intelsat from a hold rating to a buy rating and set a $3.75 target price for the company in a research note on Wednesday, January 3rd. Jefferies Group reissued a hold rating on shares of Intelsat in a research note on Tuesday, February 6th. Finally, JPMorgan Chase & Co. raised shares of Intelsat from an underweight rating to a neutral rating in a research note on Thursday, March 1st. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a strong buy rating to the company’s stock. Intelsat presently has an average rating of Hold and an average price target of $4.38.
Intelsat stock opened at $4.85 on Friday. The company has a debt-to-equity ratio of -3.72, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market cap of $585.82, a price-to-earnings ratio of -3.23 and a beta of 0.88. Intelsat has a one year low of $2.44 and a one year high of $7.47.
Intelsat (NYSE:I) last posted its quarterly earnings data on Monday, February 26th. The technology company reported ($0.98) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.73). The business had revenue of $538.14 million for the quarter, compared to the consensus estimate of $534.56 million. The firm’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same period last year, the firm earned $5.56 earnings per share. equities analysts anticipate that Intelsat will post -1.57 EPS for the current fiscal year.
Institutional investors and hedge funds have recently modified their holdings of the company. Citadel Advisors LLC boosted its stake in shares of Intelsat by 95.4% during the third quarter. Citadel Advisors LLC now owns 32,587 shares of the technology company’s stock valued at $153,000 after purchasing an additional 15,913 shares during the period. Teachers Advisors LLC raised its holdings in shares of Intelsat by 45.3% in the second quarter. Teachers Advisors LLC now owns 61,553 shares of the technology company’s stock valued at $188,000 after acquiring an additional 19,189 shares in the last quarter. California State Teachers Retirement System raised its holdings in shares of Intelsat by 1.1% in the second quarter. California State Teachers Retirement System now owns 64,317 shares of the technology company’s stock valued at $197,000 after acquiring an additional 700 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Intelsat in the fourth quarter valued at about $219,000. Finally, GSA Capital Partners LLP bought a new stake in shares of Intelsat in the third quarter valued at about $269,000. 36.86% of the stock is owned by hedge funds and other institutional investors.
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Intelsat Company Profile
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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