News headlines about Intelsat (NYSE:I) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Intelsat earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 45.3855042501079 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s analysis:
- Progress Continues with Orbital ATK’s MEV-1 Satellite Servicing Spacecraft (satnews.com)
- Head-To-Head Analysis: Sprint Corporation (S) versus Intelsat (I) (americanbankingnews.com)
- Orbital ATK Begins assembly of commercial in-space satellite servicing system (virginiabusiness.com)
- Orbital ATK Begins Assembly of Industry’s First Commercial In-Space Satellite Servicing System (businesswire.com)
- Intelsat SA (NYSE:I) Stock Traded Over Its 50 Day Average – First News 24 (firstnewspaper24.com)
Intelsat (NYSE I) traded up 2.02% on Tuesday, reaching $4.04. 184,951 shares of the company traded hands. Intelsat has a 52-week low of $2.38 and a 52-week high of $5.87. The stock has a 50-day moving average of $3.68 and a 200 day moving average of $3.57. The company has a market capitalization of $480.76 million, a PE ratio of 0.60 and a beta of 2.07.
Intelsat (NYSE:I) last issued its earnings results on Thursday, July 27th. The technology company reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.13. Intelsat had a net margin of 36.95% and a negative return on equity of 1.90%. The firm had revenue of $533.20 million for the quarter, compared to analyst estimates of $534.16 million. During the same quarter last year, the business posted $0.98 earnings per share. The company’s quarterly revenue was down 1.6% on a year-over-year basis. On average, equities analysts forecast that Intelsat will post ($0.74) EPS for the current year.
A number of equities research analysts have weighed in on the company. Jefferies Group LLC raised Intelsat from a “hold” rating to a “buy” rating and lifted their price objective for the company from $2.50 to $5.00 in a report on Friday. Zacks Investment Research downgraded Intelsat from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 29th. BidaskClub raised Intelsat from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. Goldman Sachs Group, Inc. (The) assumed coverage on Intelsat in a report on Thursday, August 10th. They set a “neutral” rating and a $3.50 price objective on the stock. Finally, ValuEngine raised Intelsat from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $4.30.
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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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