Telesat
TSAT
Market cap $203M

14.43 USD

+0.17

1.19%

Updated Oct 22, 10:41 AM EDT

1 day

1.19%

5 days

8.66%

1 month

18.77%

3 months

77.49%

6 months

85.00%

Year to date

39.83%

1 year

27.47%

5 years

-63.47%

About: Telesat Corp is a global satellite operator, that provides its customers with mission-critical communications services. It operates in a single operating segment, in which it provides satellite-based services to its broadcast, enterprise, and consulting customers around the world. Geographically, it derives a majority of its revenue from Canada. It derives revenue from Broadcast, Enterprise, Consulting, and others.

Employees: 490

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

6% more capital invested

Capital invested by funds: $376M [Q1] → $400M (+$24M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 11

1.94% less ownership

Funds ownership: 327.91% [Q1] → 325.96% (-1.94%) [Q2]

14% less funds holding

Funds holding: 44 [Q1] → 38 (-6) [Q2]

67% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 9

75% less call options, than puts

Call options by funds: $49K | Put options by funds: $197K

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Research analyst outlook

We haven’t received any recent analyst ratings for TSAT.

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Financial journalist opinion

Telesat: Cheap With Broadband Connectivity Development, And The SpaceX Agreement

Telesat Corporation's LEO satellites and improved broadband connectivity are expected to drive significant demand, supported by agreements with governments, large corporations, and SpaceX. The company's ongoing debt repurchase efforts may enhance stock valuation by lowering financial risks, making TSAT appear undervalued based on P/E ratio and EV/TTM EBITDA. Telesat's strong positioning in Canada and its links with major clients like Bell Canada and Hughes Network Systems indicate robust future revenue growth.

Telesat: Cheap With Broadband Connectivity Development, And The SpaceX Agreement

Telesat Names Brigadier-General (Ret'd) G. Michael Adamson Director of Defence Strategy and Business Development

OTTAWA, Ontario, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced the appointment of recently retired Brigadier-General G. Michael Adamson as the company's new Senior Director of Defence Strategy and Business Development. In this role, BGen (Ret'd) Adamson will work to expand and execute the government go-to-market and business development strategy for the Telesat Lightspeed low earth orbit (LEO) network, with an emphasis on Canada, the U.S. and other allied nations.

Telesat Names Brigadier-General (Ret'd) G. Michael Adamson Director of Defence Strategy and Business Development

Zacks Investment Research

Telesat (TSAT) Moves 10.3% Higher: Will This Strength Last?

Telesat (TSAT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Telesat (TSAT) Moves 10.3% Higher: Will This Strength Last?

Telesat Completes $2.54 Billion Funding Agreements for Telesat Lightspeed Satellite Constellation with Strong Government Backing

Telesat Lightspeed program will create and sustain thousands of high-quality Canadian jobs and deliver billions of dollars of investment in the Canadian economy Telesat Lightspeed program will create and sustain thousands of high-quality Canadian jobs and deliver billions of dollars of investment in the Canadian economy

Telesat Completes $2.54 Billion Funding Agreements for Telesat Lightspeed Satellite Constellation with Strong Government Backing

Telesat Corporation (TSAT) Q2 2024 Earnings Call Transcript

Telesat Corporation (NASDAQ:TSAT ) Q2 2024 Earnings Conference Call August 14, 2024 10:30 AM ET Company Participants James Ratcliffe - Vice President, Investor Relations Dan Goldberg - Chief Executive Officer & President Andrew Browne - Chief Financial Officer Dave Wendling - Chief Technical Officer John Flaherty - Vice President, Business Planning & Marketing Conference Call Participants Edison Yu - Deutsche Bank David McFadden - Cormark Securities Chris Quilty - Quilty Space Walter Piecyk - Lightshed Sean Mahoney - Bank of America Operator Good morning, ladies and gentlemen, and welcome to the conference call to report the second quarter 2024 financial results for Telesat. Our speakers today will be Daniel Goldberg, President and Chief Executive Officer of Telesat, and Andrew Browne, Chief Financial Officer of Telesat.

Telesat Corporation (TSAT) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Telesat (TSAT) Reports Q2 Loss, Tops Revenue Estimates

Telesat (TSAT) came out with a quarterly loss of $2.87 per share versus the Zacks Consensus Estimate of $2.47. This compares to earnings of $1.53 per share a year ago.

Telesat (TSAT) Reports Q2 Loss, Tops Revenue Estimates

Telesat Second Quarter 2024 Earnings Conference Call

OTTAWA, Ontario, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Wednesday, August 14, 2024 at 10:30 a.m. ET to discuss its financial results for the three month and six month periods ended June 30, 2024. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat.

Telesat Second Quarter 2024 Earnings Conference Call

SmartBear Honors Telesat with Software for Good Award

SOMERVILLE, Mass.--(BUSINESS WIRE)-- #QA--Quarterly awards program spotlights SmartBear customer Telesat for energy optimization initiative, driving global sustainability.

SmartBear Honors Telesat with Software for Good Award

Telesat Announces Results of 2024 Annual General and Special Meeting of Shareholders

OTTAWA, June 20, 2024 (GLOBE NEWSWIRE) -- Telesat Corporation (NASDAQ and TSX: TSAT) (“Telesat” or the “Company”), one of the world's largest and most innovative satellite operators, announced the voting results from its annual meeting of shareholders held yesterday virtually via live audio webcast.

Telesat Announces Results of 2024 Annual General and Special Meeting of Shareholders

Trade of the Buy: Telesat (TSAT) Stock Is the Most Shorted Equity Right Now

Market contrarianism tends to be one of the riskiest pathways available, yet it can also, on occasion, lead to massive gains. That might be the situation with high-risk, high-reward idea Telesat (NASDAQ: TSAT ).

Trade of the Buy: Telesat (TSAT) Stock Is the Most Shorted Equity Right Now

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