Price Don’t Lie: After Today’s Huge Increase, Is Intelsat SA’s Near-Term Analysis Positive?

Price Don't Lie: After Today's Huge Increase, Is Intelsat SA's Near Term Analysis Positive?

The stock of Intelsat SA (NYSE:I) is a huge mover today! The stock increased 6.95% or $0.29 on November 29, hitting $4.46. About 931,219 shares traded hands or 161.48% up from the average. Intelsat SA (NYSE:I) has risen 12.40% since April 26, 2016 and is uptrending. It has outperformed by 7.14% the S&P500.
The move comes after 9 months positive chart setup for the $529.58 million company. It was reported on Nov, 29 by Barchart.com. We have $4.77 PT which if reached, will make NYSE:I worth $37.07 million more.

Analysts await Intelsat SA (NYSE:I) to report earnings on February, 27. They expect $-0.22 EPS, down 140.00% or $0.77 from last year’s $0.55 per share. After $0.45 actual EPS reported by Intelsat SA for the previous quarter, Wall Street now forecasts -148.89% negative 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 “Outperform” rating given on Thursday, October 29 by RBC Capital Markets. The rating was downgraded by Wells Fargo on Friday, February 26 to “Market Perform”. The stock has “Sell” rating given by Goldman Sachs on Wednesday, January 13. The company was downgraded on Monday, July 18 by Raymond James.

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 notable recent Intelsat SA (NYSE:I) news were published by: Moodys.com which released: “Moody’s downgrades Intelsat’s CFR to Caa2; outlook now negative” on February 29, 2016, also Seekingalpha.com with their article: “Intelsat: A High Leveraged Play With Odds In Our Favor” published on November 24, 2016, Seekingalpha.com published: “Intelsat SA (I) Q3 2016 Results – Earnings Call Transcript” on October 27, 2016. More interesting news about Intelsat SA (NYSE:I) were released by: Moodys.com and their article: “Moody’s assigns B1 rating to Intelsat’s senior secured notes; downgrades …” published on March 21, 2016 as well as Seekingalpha.com‘s news article titled: “Intelsat SA (I) Stephen Spengler on Q2 2016 Results – Earnings Call Transcript” with publication date: July 27, 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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