Could Intelsat S.A. (I) Decline After Today’s Huge Increase?

April 24, 2018 - By Dolores Ford

Intelsat S.A. (NYSE:I) Logo

The stock of Intelsat S.A. (NYSE:I) is a huge mover today! The stock increased 7.74% or $0.72 during the last trading session, reaching $10.02. About 6.48M shares traded or 256.37% up from the average. Intelsat S.A. (NYSE:I) has declined 8.14% since April 24, 2017 and is downtrending. It has underperformed by 19.69% the S&P500.
The move comes after 5 months positive chart setup for the $1.20B company. It was reported on Apr, 24 by Barchart.com. We have $10.72 PT which if reached, will make NYSE:I worth $83.86M more.

Analysts await Intelsat S.A. (NYSE:I) to report earnings on April, 26. They expect $-0.40 earnings per share, down 37.93 % or $0.11 from last year’s $-0.29 per share. After $-0.98 actual earnings per share reported by Intelsat S.A. for the previous quarter, Wall Street now forecasts -59.18 % EPS growth.

Intelsat S.A. (NYSE:I) Ratings Coverage

Among 4 analysts covering Intelsat SA (NYSE:I), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Intelsat SA had 4 analyst reports since November 1, 2017 according to SRatingsIntel. The firm has “Sell” rating by UBS given on Wednesday, November 1. The rating was upgraded by JP Morgan on Thursday, March 1 to “Neutral”. The firm earned “Hold” rating on Thursday, March 1 by J.P. Morgan.

Intelsat S.A., through its subsidiaries, provides satellite communications services worldwide. The company has market cap of $1.20 billion. The firm 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 firms, and ISPs; and commercial satellite communication services to the U.S. government and other military organizations and their contractors. It currently has negative earnings. It provides various on-network services, including transponder services; managed services that combine satellite capacity, teleport facilities, satellite communications hardware, and other ground facilities to provide managed and monitored broadband, trunking, video, and private network services to customers; and channel services primarily used for point-to-point bilateral services to telecommunications providers.

Intelsat S.A. (NYSE:I) Ratings Chart

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