Intelsat S.A. (I), a Communication Services Telecom Services corporation, saw its stock trade 3.8350 common shares, an increase compared to its 10-day trading volume of 18.5M.
Intelsat S.A. (I) stock is quoted at $3.8350, down -0.135 cents or -3.40% on the day. Based on this we can see some traders are either waiting on the sidelines to get involved or perhaps some are taking losses.
Intelsat (NYSE: I) has selected Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, to manufacture Intelsat 40e, a next-generation geostationary communications satellite scheduled to launch in 2022. Maxar will integrate NASA’s Tropospheric Emissions: Monitoring of Pollution (TEMPO) payload with the Intelsat 40e satellite.
Maxar will build the Intelsat 40e geostationary communications satellite and integrate NASA’s TEMPO payload with it. Image: Maxar Technologies
Luxembourg-based Intelsat (ticker: I) and a handful of other satellite operators had formed a trade group called the C-Band Alliance to lobby for a private sale.
But analysts started to point out that satellite operators’ rights to sell C-Band spectrum were somewhat tenuous. Then one C-Band Alliance member dropped out and promoted its own auction plan. In mid-November, Federal Communications Commission Chair Ajit Pai said he wanted to hold a public auction of C-Band spectrum, leading investors to scale back their estimates for auction proceeds. Pai will announce details of the FCC’s auction plan in a Thursday speech.
Intelsat shares are down nearly 70% since the news that the auction would be public, reportedly hurting some hedge funds’ performance. And now, investors and analysts are trying to figure out whether the company’s shares or bonds will weather the fallout. One bond still might be worth the risk, analysts say.
Total Revenue for Intelsat S.A. (I) is $2.09B, Gross Profit is $1.83B and the EBITDA is $1.48B.
Intelsat S.A. (I) Technical Research:
The average 10-day trading volume of Intelsat S.A. (I) is 18.5M compared to 9.9M over the last 3 months which indicates a reduction in trading activity. At the time of writing, Intelsat S.A. (I) has a 50-day moving average of $6.4734 and a 200-day moving average of $16.2446. These moving averages are popular technical details that investors use to analyze price trends of Intelsat S.A. (I).
Approximately 20.45% of the shares of the company are sold short from traders betting the stock will trade lower. The beta value on Intelsat S.A. (I) stock is 1.13, indicating its 23.53% to 12.07% more volatile than the overall global market.
Technically, Is short term resistance levels are $26.61, $24.90 and $22.44 on the upside.
Based on technical analysis, I has short term rating of Neutral (-0.24), Intermediate rating of Bearish (-0.40) and the long-term rating of Neutral (-0.17) giving it an overall rating of Bearish (-0.27).
I is trading 41.36% off its 52 week low at $2.72 and -85.91% off its 52 week high of $27.29. Performance wise, I stock has recently shown investors -26.89% a reduction in a week, -45.62% a reduction in a month and -84.43% a reduction in the past quarter.
On the flip side, Intelsat S.A. (I) has shown a return of -43.53% since the beginning of the year.
Intelsat S.A. (I) Key Research:
Intelsat S.A. (I) is a small-cap company with a market cap value of $540.735M. I insiders hold roughly 4.10% of the shares.
On Nov-19-19 JP Morgan Reiterated I as Neutral at $22 → $9. On Nov-20-19 Raymond James Upgrade I as Mkt Perform → Outperform at $12 and on Feb-03-20 Cowen Reiterated I as Outperform at $22 → $10.
There are currently 124.80M shares in the float and 128.33M shares outstanding. There are 20.45% shares short in Is float.
The industry rank for Intelsat S.A. (I) is 93 out of 255 ranking it at the Top 36% .
Intelsat S.A. (I) Fundamental Evaluation:
Intelsat S.A. (I) last 2 years revenues have decreased from $2,161,190 to $2,087,286 showing a downtrend.
Wall Street expects Intelsat S.A. (I) to report an EPS next Qtr loss of -0.94 and a profit of 38.80% next year.
The growth rate on I this year is -193.56 compared to an industry 11.50. However, Is next year’s growth rate is 52.34 compared to an industry 12.60.
The book value per share (mrq) is -34.66 and cash per share (mrq) is 6.25. Giving them a price/cash flow (mrfy) is 1.25 compared to an industry of 8.67.
Intelsat S.A. (I) fundamental ratios shows an EPS growth vs. previous year -6.84 and EPS growth vs. previous quarter -0.99.
About Intelsat S.A. (I):
Founded in 1964 and based in Luxembourg, Intelsat S.A. operates one of the world’s largest satellite services businesses, providing a critical layer in the global communications infrastructure. The company offers an array of communications services to media firms, fixed and wireless telecommunications operators, data networking providers, Internet service providers, and commercial satellite communication services to the U.S. government and other military organizations.Intelsat, a subsidiary of Serafina S.A., operates the world’s first Globalized Network, delivering high-quality, cost-effective video and broadband services. Its Globalized Network combines the world’s largest satellite backbone with terrestrial infrastructure, managed services and an open, interoperable architecture to enable customers drive revenues. The company has a reputation for operational and engineering excellence, built on its experience of more than 50 years in the communications sector.The communications and satellite company provides various on-network services. These include transponder services, managed services, teleport facilities and other ground facilities to provide monitored broadband, video and private network services to customers. Intelsat also offers off-network services comprising transponder and mobile satellite. Furthermore, it offers satellite-related consulting and technical services that include the lifecycle of satellite operations and related infrastructure ranging from satellite and launch vehicle procurement through telemetry and commanding services.Intelsat’s average fill rate on its approximately 1,750 36 MHz station-kept wide-beam transponders was 80% at Sep 30, 2019. As of the same date, the high-throughput satellite Intelsat EpicNG count was almost 1,200 units in service.