Equities research analysts expect Intelsat S.A. (NYSE:I) to post earnings of ($0.25) per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Intelsat’s earnings, with the highest EPS estimate coming in at ($0.14) and the lowest estimate coming in at ($0.42). Intelsat reported earnings of ($0.10) per share in the same quarter last year, which indicates a negative year over year growth rate of 150%. The firm is expected to announce its next earnings report on Tuesday, February 27th.

On average, analysts expect that Intelsat will report full-year earnings of ($1.01) per share for the current fiscal year, with EPS estimates ranging from ($1.17) to ($0.89). For the next year, analysts forecast that the business will post earnings of ($0.56) per share, with EPS estimates ranging from ($1.88) to $1.02. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Intelsat.

Intelsat (NYSE:I) last issued its quarterly earnings data on Thursday, October 26th. The technology company reported ($0.26) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.30) by $0.04. Intelsat had a negative return on equity of 1.90% and a net margin of 26.57%. The business had revenue of $538.80 million during the quarter, compared to analysts’ expectations of $536.93 million. During the same period in the previous year, the firm posted $1.65 earnings per share. The company’s revenue was down .7% on a year-over-year basis.

I has been the subject of a number of recent research reports. Zacks Investment Research lowered Intelsat from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Royal Bank of Canada decreased their target price on Intelsat from $6.25 to $6.00 and set an “outperform” rating for the company in a report on Thursday, October 5th. Jefferies Group reiterated a “buy” rating and issued a $5.00 target price on shares of Intelsat in a report on Wednesday, October 4th. ValuEngine downgraded Intelsat from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Finally, UBS downgraded Intelsat from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $3.50 to $3.00 in a report on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $4.54.

Shares of Intelsat (NYSE I) traded up $0.02 during midday trading on Tuesday, hitting $3.24. The stock had a trading volume of 360,600 shares, compared to its average volume of 538,460. Intelsat has a twelve month low of $2.52 and a twelve month high of $7.47. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of -3.83.

Hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System increased its position in Intelsat by 1.1% during the 2nd quarter. California State Teachers Retirement System now owns 64,317 shares of the technology company’s stock worth $197,000 after purchasing an additional 700 shares during the period. Rhumbline Advisers increased its position in Intelsat by 15.3% during the 2nd quarter. Rhumbline Advisers now owns 39,692 shares of the technology company’s stock worth $121,000 after purchasing an additional 5,265 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Intelsat by 16.0% during the 2nd quarter. Alliancebernstein L.P. now owns 42,800 shares of the technology company’s stock worth $131,000 after acquiring an additional 5,900 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Intelsat by 7.4% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 123,842 shares of the technology company’s stock worth $514,000 after acquiring an additional 8,550 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Intelsat by 9.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 115,009 shares of the technology company’s stock worth $351,000 after acquiring an additional 9,913 shares in the last quarter. Hedge funds and other institutional investors own 36.45% of the company’s stock.

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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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