Shares of Intelsat SA (NYSE:I) have been given a consensus recommendation of “Hold” by the eight research firms that are presently covering the company, reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $14.00.

I has been the topic of several recent research reports. Jefferies Financial Group reiterated a “buy” rating on shares of Intelsat in a research report on Tuesday, October 9th. Zacks Investment Research upgraded shares of Intelsat from a “sell” rating to a “hold” rating in a report on Tuesday, August 14th. Finally, Goldman Sachs Group restated a “neutral” rating and issued a $31.00 target price on shares of Intelsat in a report on Monday, October 22nd.

Large investors have recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Intelsat in the 2nd quarter valued at about $102,000. The Manufacturers Life Insurance Company increased its stake in shares of Intelsat by 355.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 28,223 shares of the technology company’s stock valued at $106,000 after acquiring an additional 22,025 shares during the last quarter. Girard Partners LTD. acquired a new position in shares of Intelsat during the 3rd quarter valued at about $120,000. SG Americas Securities LLC acquired a new position in shares of Intelsat during the 2nd quarter valued at about $122,000. Finally, Macquarie Group Ltd. acquired a new position in shares of Intelsat during the 2nd quarter valued at about $148,000. Institutional investors own 49.81% of the company’s stock.

Shares of Intelsat stock traded down $1.78 on Friday, hitting $26.67. The company’s stock had a trading volume of 2,651,178 shares, compared to its average volume of 3,429,049. Intelsat has a 52-week low of $2.44 and a 52-week high of $37.70. The firm has a market capitalization of $3.98 billion, a PE ratio of -15.69 and a beta of 1.31.

Intelsat (NYSE:I) last released its quarterly earnings data on Tuesday, October 30th. The technology company reported ($1.95) EPS for the quarter, missing the consensus estimate of ($0.32) by ($1.63). The company had revenue of $537.00 million for the quarter, compared to analyst estimates of $531.97 million. During the same quarter in the previous year, the company earned ($0.26) EPS. The firm’s quarterly revenue was down .4% on a year-over-year basis. As a group, research analysts forecast that Intelsat will post -1.55 earnings per share for the current fiscal year.

About Intelsat

Intelsat SA, through its subsidiaries, provides satellite communications services worldwide. The company offers a range of 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; and commercial satellite communication services to the U.S.

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Analyst Recommendations for Intelsat (NYSE:I)

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