Analysts expect Intelsat S.A. (NYSE:I) to report $534.83 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Intelsat’s earnings, with the lowest sales estimate coming in at $533.50 million and the highest estimate coming in at $536.00 million. Intelsat reported sales of $542.73 million during the same quarter last year, which suggests a negative year-over-year growth rate of 1.5%. The company is scheduled to announce its next quarterly earnings report on Thursday, October 26th.

On average, analysts expect that Intelsat will report full year sales of $534.83 million for the current fiscal year, with estimates ranging from $2.15 billion to $2.18 billion. For the next fiscal year, analysts anticipate that the company will report sales of $2.19 billion per share, with estimates ranging from $2.13 billion to $2.29 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow Intelsat.

Intelsat (NYSE:I) last announced its quarterly earnings data on Thursday, July 27th. The technology company reported ($0.20) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.33) by $0.13. The company had revenue of $533.20 million for the quarter, compared to analysts’ expectations of $534.16 million. Intelsat had a negative return on equity of 1.90% and a net margin of 36.95%. Intelsat’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period last year, the firm posted $0.98 EPS.

I has been the topic of a number of analyst reports. Jefferies Group LLC raised Intelsat from a “hold” rating to a “buy” rating and upped their target price for the company from $2.50 to $5.00 in a research note on Friday. BidaskClub raised Intelsat from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Zacks Investment Research raised Intelsat from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. ValuEngine raised Intelsat from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Goldman Sachs Group, Inc. (The) began coverage on Intelsat in a research report on Thursday, August 10th. They set a “neutral” rating and a $3.50 target price on the stock. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Intelsat presently has an average rating of “Buy” and an average target price of $4.30.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in I. Citadel Advisors LLC acquired a new stake in shares of Intelsat during the 1st quarter valued at about $131,000. Engineers Gate Manager LP acquired a new stake in Intelsat in the 2nd quarter worth about $100,000. Gotham Asset Management LLC boosted its holdings in Intelsat by 17.2% in the 1st quarter. Gotham Asset Management LLC now owns 34,869 shares of the technology company’s stock worth $145,000 after buying an additional 5,124 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in Intelsat by 26.8% in the 1st quarter. Alliancebernstein L.P. now owns 36,900 shares of the technology company’s stock worth $153,000 after buying an additional 7,800 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Intelsat in the 1st quarter worth about $159,000. Institutional investors and hedge funds own 37.95% of the company’s stock.

Intelsat (NYSE:I) opened at 3.95 on Monday. The company has a market capitalization of $470.05 million, a price-to-earnings ratio of 0.59 and a beta of 2.07. Intelsat has a 52-week low of $2.38 and a 52-week high of $5.87. The company’s 50-day moving average price is $3.66 and its 200 day moving average price is $3.59.

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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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