Breaking: Does Intelsat SA Have Any Gas After Today’s Significant Decline?

Breaking: Does Intelsat SA Have Any Gas After Today's Significant Decline?

The stock of Intelsat SA (NYSE:I) is a huge mover today! About 428,245 shares traded hands or 41.81% up from the average. Intelsat SA (NYSE:I) has risen 24.14% since March 9, 2016 and is uptrending. It has outperformed by 16.72% the S&P500.
The move comes after 8 months negative chart setup for the $271.37M company. It was reported on Oct, 12 by Barchart.com. We have $2.34 PT which if reached, will make NYSE:I worth $27.14M less.

Analysts await Intelsat SA (NYSE:I) to report earnings on November, 3. They expect $1.58 earnings per share, up 85.88% or $0.73 from last year’s $0.85 per share. I’s profit will be $164.91M for 0.41 P/E if the $1.58 EPS becomes a reality. After $0.58 actual earnings per share reported by Intelsat SA for the previous quarter, Wall Street now forecasts 172.41% EPS growth.

Intelsat SA (NYSE:I) Ratings Coverage

Out of 6 analysts covering Intelsat S.A. (NYSE:I), 1 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 17% are positive. Intelsat S.A. has been the topic of 8 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock of Intelsat SA (NYSE:I) has “Sell” rating given on Wednesday, January 13 by Goldman Sachs. RBC Capital Markets maintained the shares of I in a report on Thursday, October 29 with “Outperform” rating. Wells Fargo downgraded the stock to “Market Perform” rating in Friday, February 26 report. The firm has “Underperform” rating by Raymond James given on Monday, July 18.

According to Zacks Investment Research, “Intelsat Investments S.A. provides satellite communications services. The company offers network services comprising transponder services, video distribution and contribution services, hybrid satellite, fiber and teleport managed services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications, multinational corporations, internet service providers, military and government sectors. Intelsat Investments S.A. is based in Luxembourg.”

More important recent Intelsat SA (NYSE:I) news were published by: Reuters.com which released: “BRIEF-Silver Lake directors to leave Intelsat SA board at year end” on October 12, 2016, also Moodys.com published article titled: “Moody’s downgrades Intelsat’s CFR to Caa2; outlook now negative”, Seekingalpha.com published: “Intelsat SA (I) Stephen Spengler on Q2 2016 Results – Earnings Call Transcript” on July 27, 2016. More interesting news about Intelsat SA (NYSE:I) was released by: Twst.com and their article: “Intelsat SA: Intelsat Announces Results to Date and Early Settlement Date of …” with publication date: September 13, 2016.

I Company Profile

Intelsat S.A., incorporated on July 18, 2011, operates in satellite services business. The Firm 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 firms and Internet service providers (ISPs). The Firm is also a well-known provider of commercial satellite communication services to the United States government and other select military organizations and their contractors. The Firm focuses on business-to-business services, indirectly enabling enterprise, government and consumer applications through its customers. The Firm has activities in North America, Europe, Latin America and Caribbean, Africa and Middle East, and Asia Pacific.

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