Live Price Coverage: Could Intelsat SA See a Reversal After This Very Strong Session?

Live Price Coverage: Could Intelsat SA See a Reversal After This Very Strong Session?

The stock of Intelsat SA (NYSE:I) is a huge mover today! About 170,200 shares traded hands. Intelsat SA (NYSE:I) has declined 1.16% since April 21, 2016 and is downtrending. It has underperformed by 6.49% the S&P500.
The move comes after 9 months positive chart setup for the $394.26M company. It was reported on Nov, 23 by Barchart.com. We have $3.76 PT which if reached, will make NYSE:I worth $15.77 million more.

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

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 Businesswire.com with their article: “Intelsat is Named Satellite Operator of the Year at 2016 Arab States …” published on November 15, 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: Seekingalpha.com and their article: “Intelsat SA (I) Stephen Spengler on Q2 2016 Results – Earnings Call Transcript” published on July 27, 2016 as well as Streetinsider.com‘s news article titled: “Intelsat S. A. (I) Announces Gogo (GOGO) Signed Services Agreement for 29e …” with publication date: November 17, 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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