Wall Street analysts forecast that Intelsat SA (NYSE:I) will report earnings per share of ($1.00) for the current quarter, according to Zacks. Two analysts have made estimates for Intelsat’s earnings. The highest EPS estimate is ($0.82) and the lowest is ($1.18). Intelsat reported earnings per share of ($0.46) in the same quarter last year, which suggests a negative year over year growth rate of 117.4%. The company is expected to announce its next earnings report on Tuesday, October 29th.

According to Zacks, analysts expect that Intelsat will report full-year earnings of ($6.15) per share for the current year, with EPS estimates ranging from ($6.38) to ($5.92). For the next fiscal year, analysts expect that the firm will post earnings of ($3.27) per share, with EPS estimates ranging from ($5.14) to ($2.13). Zacks’ EPS averages are an average based on a survey of analysts that cover Intelsat.

Intelsat (NYSE:I) last issued its quarterly earnings results on Tuesday, July 30th. The technology company reported ($1.05) earnings per share for the quarter, missing the consensus estimate of ($0.95) by ($0.10). The business had revenue of $509.40 million for the quarter, compared to analyst estimates of $500.08 million. During the same quarter in the prior year, the company earned ($0.38) earnings per share. Intelsat’s quarterly revenue was down 5.3% on a year-over-year basis.

Several equities analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Intelsat from a “buy” rating to a “hold” rating in a report on Saturday, August 17th. Barclays set a $20.00 target price on shares of Intelsat and gave the stock a “hold” rating in a report on Friday, September 27th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Intelsat from $27.00 to $32.00 and gave the stock an “overweight” rating in a report on Thursday, September 19th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $29.67.

Shares of I stock traded down $0.51 during mid-day trading on Friday, hitting $26.46. The company had a trading volume of 1,349,914 shares, compared to its average volume of 2,160,948. Intelsat has a 52-week low of $14.81 and a 52-week high of $36.07. The stock’s 50 day moving average price is $22.94 and its 200-day moving average price is $20.59. The company has a market capitalization of $3.72 billion, a P/E ratio of -11.36 and a beta of 1.49.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Key Square Capital Management LLC increased its position in Intelsat by 108.3% during the second quarter. Key Square Capital Management LLC now owns 1,381,040 shares of the technology company’s stock valued at $26,861,000 after acquiring an additional 718,187 shares during the last quarter. Canyon Capital Advisors LLC bought a new position in Intelsat during the second quarter valued at $6,808,000. Nuveen Asset Management LLC bought a new position in Intelsat during the second quarter valued at $4,324,000. Vanguard Group Inc. increased its position in Intelsat by 3.5% during the second quarter. Vanguard Group Inc. now owns 5,727,480 shares of the technology company’s stock valued at $111,399,000 after acquiring an additional 196,023 shares during the last quarter. Finally, Diameter Capital Partners LP grew its holdings in shares of Intelsat by 48.5% in the second quarter. Diameter Capital Partners LP now owns 490,000 shares of the technology company’s stock worth $9,531,000 after purchasing an additional 160,000 shares during the last quarter. Institutional investors own 90.81% of the company’s stock.

About Intelsat

Intelsat SA, together with 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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