NASDAQ:TSAT

Telesat (TSAT) Stock Price, News & Analysis

$7.33
-0.38 (-4.93%)
(As of 04/26/2024 ET)
Today's Range
$7.33
$7.86
50-Day Range
$7.13
$9.87
52-Week Range
$6.90
$22.75
Volume
39,698 shs
Average Volume
36,975 shs
Market Capitalization
$93.86 million
P/E Ratio
0.87
Dividend Yield
N/A
Price Target
N/A
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

Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
Telesat Full Year 2023 Earnings: EPS Beats Expectations
Telesat Fourth Quarter 2023 Earnings Conference Call
TSAT Oct 2024 12.500 call
TSAT Apr 2024 10.000 call
Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
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
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Company Calendar

Last Earnings
3/28/2024
Today
4/27/2024
Next Earnings (Estimated)
5/09/2024
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

Profitability

Net Income
$116.39 million
Pretax Margin
95.56%

Debt

Sales & Book Value

Annual Sales
$704.16 million
Cash Flow
$9.40 per share
Book Value
$138.78 per share

Miscellaneous

Free Float
7,606,000
Market Cap
$93.86 million
Optionable
Optionable
Beta
2.08
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TSAT Stock Analysis - Frequently Asked Questions

How have TSAT shares performed in 2024?

Telesat's stock was trading at $10.43 on January 1st, 2024. Since then, TSAT shares have decreased by 29.7% and is now trading at $7.33.
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 Thursday, May 9th 2024.
View our TSAT earnings forecast
.

How were Telesat's earnings last quarter?

Telesat Corp (NASDAQ:TSAT) released its quarterly earnings data on Thursday, March, 28th. The company reported $0.22 EPS for the quarter. The firm earned $121.87 million during the quarter. Telesat had a negative trailing twelve-month return on equity of 1.72% and a net margin of 22.44%.

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 guidance of for the period. The company issued revenue guidance of $403.7 million-$418.5 million.

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 4/27/2024 by MarketBeat.com Staff

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